big deal time when edward harris and i are talking about how much you work and what optimal trade off between leisure and productivity is what is the optimal tradeoff i think i got there and we want to get started off with you know germany and germans now you've lived and worked in germany as i understand it and you know can you just talk to me about how many annual days of leave germans tend to get and what their idea of a vacation versus work and time allotted to both is like so in germany and europe in general i think you know you're getting at least four weeks most put five including places in like the u.k. and france and so forth but the germans get up to six so i give you thirty days plus ten days of actual vacation holidays you know like christmas and new year's and so forth so we had forty days off but the thing is that you know my general observation when i was in germany is that they're very strict not just about making sure that they have fun on their vacation and take their full forty days but also when they're at work working hard and then when the hour that's it they cal

over and sadness and the financial instability that we just went through and in today's big deal edward harris and i are discussing time off for. this is our work and what secular actually has on output it all starts right now. with. our lead story so water now it's no secret that we are living in an increasingly water stressful world and that water resources are becoming an instrument of power for those who have them roughly sixty percent of all fresh water runs within cross border basins and only an estimated forty percent of those basins are governed by some sort of basin agreement basically those upstream hold all the cards while those downstream are the losers now the very scary part however is that our environmental security economic development and political stability or all greatly greatly dependent on the management of the world's watersheds now here's the trillion dollar question though is water a commodity it's a commodity now as the demand for water grows and our water infrastructure crumbles still being a reality that our world is running out of breath drinkable water becomes more

interest time with edward harris and they ok now it's the end of the week and that means it's time for edward harrison and i to put you the viewer in the driver's seat letting you steer the show with your comments questions and concerns all sent to us throughout the week here twitter you tube and facebook time to dive right in first up an old favorites mitch writes in to say quote i am a facebook equal cia face hugger however that does not mean people should as facebook there's nothing wrong with fighting fire with fire making your opponent overextend or turning your weakness into a strength and your enemy strength or weakness ok i'm going to be honest i don't really get woman chooses trying to say here but if it is trying to say that facebook is in cahoots with the cia my thought remains the same facebook stinks and what are your thoughts comments concerns. whatsoever on facebook. if you really want. if. the head of facebook were. just getting everyone to report on where they're what they're doing and where they've been for the last ten years that he is the best it is a couple of very

treasury secretary the secretary timothy geithner's point of view you got it and in today's big deal edward harris and i are talking about the end will be i asked report and what it says about our current post crisis monetary policy experiment it all starts right. now our lead story today a personal appearance by way of general motors now like the beleaguered city the american car manufacturer is based in general motors just can't seem to catch a break yet they keep on trucking pun intended now only twenty four hours after g.m. announced its latest and massive vehicle recall on monday the company reported a june sales increase of one percent compared to a year ago beating analyst estimates for a sick. point three percent decline all as a vehicle recalls rose to record levels in the u.s. now the automaker has recalled more than twenty five million vehicles already exists year and minute we still have six more months to go in two thousand and fourteen but the problems have apparently not repeat not kept customers away from g.m. showrooms now g.m. has been struggling for months with a series of recal

the validity of a country coupling regulatory policy and for the dubious and in today's big deal edward harris and i are discussing an old british summit held. brazil right now sorry no more soccer for you above for fun you know what this means for the murder market but the brits sunbeams it all starts right now. now our lead story today actions and consequences massive fines placed on foreign banks by the united states or garnering a lot of pushback from the international banking community now this comes following the nine billion dollar fine that french bank b.m.p. perry boss has agreed to pay the u.s. government after conducting billions of dollars worth of business with sudan iran and cuba all of which are not on america's good list no they're not but the curious thing about this situation is that france france is supposed to be on america's good list aren't they but important ally in fact there is another u.s. ally currently being slapped with fines by banking regulators as well german commerce bank the german bank has been accused of conducting business with an iranian state sponsored sh

the practice of mixing regulatory and foreign policy like oil and water and in today's big deal edward harris and i are discussing the annual brics summit mean how the result right now and don't forget you can see all segments featured in today's show on you tube you tube dot com slash investor t. and on hulu dot com dash to slash us now before we go to break here are a look at some your closing numbers the bell on that. well. technology innovation all the developments around russia we've got the future of covered. listen they are legendary hard to make a list of get along here a plug in that sax player that make their lives play. live live. live. i've lived. lives. little endless lists live cross-talk rules in effect that means you can jump in anytime you want. a little. she grew. to believe most sophisticated. doesn't do. anything. to teach. you and. this is why you should. only. welcome back now with all the fun that u.s. banks have been slapping on foreign banks recently they sure haven't made themselves any friends however it has demonstrated that the u.s. won't allow its currency to be

the practice of mixing regulatory and foreign policy like oil and water and in today's big deal edward harris and i are discussing the annual brics summit mean how the result right now and don't forget you can see all segments featured in today's show on you tube you tube dot com slash investor t. and on hulu hulu dot com dash to slash us now before we go to break here are a look at some your closing numbers the bell on that. we like what you comedy news from ti to comedy news to be a bare fisted no holds barred fight to the dead. but the truth vampire fighting into the necks of the corporate elite billionaire freaks well they're going. well that's what you get with my new show projected in night. welcome back now with all the fines that u.s. banks have been slapping on foreign banks recently they sure haven't made themselves any friends however it has demonstrated that the u.s. won't allow its currency to be used in ways that contradict its foreign policy aims that's for sure yet no friends but they got that point across but as the world's reserve currency such actions might prove disruptive

down with me to talk about arjen tying debt and there's quite a bit of it and in today's big deal edward harris and i are covering the latest tech stories of this past week and we're looking into everything from microsoft to amazon from a recent latest acquisition you won't want to miss moment and it all starts right now. with. our lead story today. now why have consistently and loudly voiced my opinion about facebook i'm not a fan today i'm giving them nothing but congratulatory praise thursday facebook stock skyrocketed as much as seven point six percent to an intraday high of almost seventy seven dollars given the company a total market cap of one hundred ninety seven billion dollars that's equivalent to the combined values of both u.b.s. and american express it's not small now when measured by market cap facebook is now the fourteenth most valuable company on the s. and p. five hundred and in order to surpass a market capitalization of two hundred billion dollars the stock would need to be at seventy seven dollars and ninety four cents trading at that number which you could very well do now

video the crash course which focuses on the very subject financial crisis and in today's big deal edward harris and i are discussing the latest companies from the world of decline it all starts this very moment. with. our lead story today the napster crisis and the central banks that are causing it now does the federal reserve while lee accommodative super low interest rates and bond buying program risk triggering the next world financial crisis the answer yeah likely yes so wednesday the federal reserve released its latest minutes from the june seventeenth and eighteenth open market committee meeting and the minutes show that if the economy progress is as the f o m c expects it will. the final reduction of asset purchases will occur following the f o n c's of tuber meeting the ultra easy monetary policy being employed by major central banks around the world has created the ultimate bubble and sovereign debt that's the big story that we're running with here now the new york times writes welcome to the everything boom and quite possibly the everything bubble around the world nearly every asset c

more important in terms of points except in the retelling or the consumer and in today's big deal edward harris and i are discussing who burned air b.n. b. corporate expansion and the fundamental value of these companies and i'll start right now. with. our lead story today argentina now the land of polo ponies well done carnegie and tango is dancing with another i just love that line now argentina has until wednesday to make an interest payment to bondholders or will officially default for the second time in thirteen years argentina claims it's willing to pay bondholders who agreed to take less than thirty cents on the dollar in a debt restructuring after its two thousand and one fault but federal judge thomas agree has said that argentina can not pay those bondholders without also paying so-called holdout bondholders who have refused to accept the thirty cents on the dollar offer and have won a series of u.s. court cases against argentina now as of right now when i was there is refusing to pay the holdouts so what's the. worst case and the best case scenario in this whole calamity well the wor

weighing in on the subject you won't want to miss my interview with them and in today's big deal edward harris and i are discussing the brics new development bank china's rise and the role. geopolitics and development yeah well i want to miss a moment and it all starts right now. with. our lead story today economic patriotism so what is economic patriotism well according to u.s. treasury secretary jack lew it's keeping your multinational corporation on american soil tuesday the obama administration called for immediate congressional action to stop u.s. companies from using cross border mergers to escape the country's tax system and a letter to top congressional tax writers secretary lew wrote we should prevent companies from effectively we're now seeing their citizenship to get out of paying taxes we should not be providing support for corporations that seek to ship their profits overseas to avoid paying their fair share of taxes inversion transactions the is the term that is used to describe corporate mergers designed to legally avoid paying taxes and has become increasingly popular over the

from greece along with the latest happenings in and around the euro zone then in today's big deal edward harris and i are discussing europe the i.m.f. and it all starts right now. though there in our lead story today the economic implications of russia's involvement in the conflict over ukraine now as we all know russia has been facing increased sanctions from the u.s. when their allies as a result of the conflict in ukraine and sentiment towards russia assets has seriously seriously soured since the july seventeenth downing of a malaysian airlines jet in ukraine by a missile that the u.s. says was probably supplied by the russian military now german chancellor angela merkel has said that she's ready to back a halt on current arms sales to russia and would take part in an e.u. council session if one was convened merkel is hoping to have the e.u. sign off on sanctions by the end of this week and said that she's prepared for german technology exports to take a hit as expected blowback from such sanctions now the european commission that's the twenty eight nation regulatory arm is drawing of detai

video the crash course which focuses on the very subject financial crisis and in today's big deal edward harris and i are discussing the latest happenings from the world because it all starts this very moment. with. our lead story today the napster crisis and the central banks that are causing it now does the federal reserve while lee accommodative super low interest rates and bond buying program risk triggering the next world financial crisis the answer yeah likely yes so wednesday the federal reserve released its latest minutes from the june seventeenth and eighteenth open market committee meeting and the minutes show that if the economy progresses as the f o m c expects it will the final reduction. asset purchases will occur following the f.o. emcees a tobar meeting the ultra easy monetary policy being employed by major central banks around the world has created the ultimate bubble and sovereign debt that's the big story that we're running with here now the new york times writes welcome to the everything boom and quite possibly the everything bubble around the world nearly every asset class

deal among some other stuff and then in today's big deal edward harris and i are discussing the chinese mobile markets and the future of apple's growth it all starts right now. our lead story today the origin time poker face argentina's president cristina fernandez his battle against holdout investors suing her country is increasing the odds that her government will default for a second time in twelve years it's almost a record now and hearing on tuesday u.s. district judge thomas decided not to grant argentina's request for more time to negotiate with holdout creditors and directed both parties to meet with a court appointed mediator to reach a settlement judge crusoe ruled that argentina is not allowed to pay its restructured bondholders until it reaches a settlement with a group of holdout creditors who have refused the country's debt restructuring offer since its two thousand and one default and are owed roughly one point six billion dollars they're not interested in renegotiating now president ferdinand has refused to budge she's not moving from her stance that argentina simply can

economy the scary stuff and it's my favorite day of the week here on boom bust attack thursday today edward harris and i are discussing super price wars and where apple technologies i want to miss the moment. our lead story today the american dream now homeownership is a staple of the american dream even for non americans in fact the american dream is a new as big buyer the chinese would have thunk it now according to a survey published by the national association realtors of. tours foreign purchases of u.s. residential real estate jumped thirty five percent last year which chinese buyers leading the way total international property purchases stood at ninety two point two billion dollars according to the and estimates and chinese customers purchased twenty two billion dollars in housing for the twelve month period ending in march now it's no secret that the chinese housing market is a little too hot at the moment so the american housing market is both a haven and a bargain compared to what they can get back at home an area of particular activity here in the us is the los angeles area between l.a.

with the world cup but the wimbledon final they're happening this weekend so in today's big deal edward harris and i are discussing money in tennis and there's always more of it in tennis and probably. not to get too. our lead story today women in the workplace or maybe more appropriately put women suing the workplace now there are two pretty prominent stories making business headlines right now involving powerful women suing their former employer one of goldman sachs and one at tinder the startup dating app company now let's start with the tender story whitney waltz a former marketing v.p. at the popular dating app is suing her former employer for a trojan sexual harassment and sex discrimination from the lawsuit itself now the lawsuit filed against both tinder and its parent company i see which is owned by barry diller alleges that tenders chief marketing officer justin in the teen and c.e.o. sean rad repeatedly called miss wolff a whore and revoked her title because quote having a young female coworker co-founder would make the companies seem like a joke and devalue it disgusting now meanwh

economy and what the remainder of twenty fourteen looks like and in today's big deal edward harris and i are discussing the latest g.d.p. numbers you won't want to miss a moment so let's get to it. our lead story today global economic fallout from the latest sanctions against russia now tuesday if the u.s. and e.u. expanded sanctions against russia to punish moscow's adamant stance on ukraine for the west the big question now is whether these latest sanctions will make president putin more cooperative or just prompt him to dig his heels in even harder so what do these latest sanctions include and who suffers the most well that year's new measures target russia's banks oil industry and military and they're designed to slowly suffocate the russian economy however the measures could increase financial pressure on europe's already sluggish economy and deny certain technology that much of the continent just relies on now british petroleum said that the new sanctions would have an adverse impact on business b.p. is the biggest foreign investor in russia and with an almost twenty percent stak