jack ross was a professor, we can always, i'm policies at st. mary's college of california and told her that the bank collage is directly inside the current us strategy have been inflation. the fed cannot raise interest rates high enough to bring down inflation because inflation is mostly supply side. we can't do anything about that. so they're trying to take inflation down by raising interest rates, not as crushing demand alone, right. but when they raise it up a certain level between 5 and 6, i've been predicting you're going to start getting financial instability. and we see that already now with the silicon valley bank because the tech sector is the most exposed right now. and, you know, there's, there's like $250.00 companies that, that have their money and silicon valley bank, a lot of them start ups. and if they, if that bank goes belly up and they lose that money, well hope to start ups are going to go. i got a crash, right? that's where the government i think, is going to really jump in and bail it out. and i already signs the doing it.

and professor of economics that jack ross was told us that the collapse is actually directly tied to the current us strategy of coping inflation by raising rates. the fed cannot raise interest rates high enough to be mostly supply side to can't do anything. and when they raise it up a certain level between 5 and 6, i've been predicting you're going to start getting financial instability. and we see that already now with the silicon valley bank because the tech sector is the most exposed right now. and, and, you know, there's, there's like $250.00 companies that, that have their money and said bank goes belly up and they lose that money. well hope to start up the gun ago. i got a crash. i. that's where the government, i think, is going to really jump in and bail it out. and i already signs the doing it. but we don't now the contagion between silicon valley bank is tech banks. i, you know, the tentacles of contagion are, are very wide spread and we don't really know it because there are these tentacles, these debt pentacles are always very opaque. you know, we saw that back with the ho

i, jack ross must hold off to the bank. collapse is directly tied to the current us strategy of coping. the fed cannot raise interest rates high enough to bring down inflate, trying to take inflation down by raising interest rates, letters, crushing demand alone. right? but when they raise it up a certain level between 5 and 6, i've been predicting you're going to start getting financial instability. and we see that already now with the silicon valley bank because the tech sector is the most exposed right now. and, you know, there's, there's like $250.00 companies that, that have their money and silicon valley bank, a lot of them start ups. and if they, if that bank goes belly up and they lose that money, well hope to start ups are going to go. i got a crush, right? that's where the government i think, is going to really jump in and bail it out. and i already signs that doing it. but we don't know the contagion between silicon valley bank and other tech, financial funders, and other commercial banks that fund these tech banks. you know, the tentacles of contagion are, are very wide spr

jack ross was professor of economics and politics at st. mary's college of california says that international criminal court move is a desperate bid to further isolate the russian economy. so it sanctions, policy has not been affected. affective le russia's economy has not really been impacted seriously. it's, it's a currency is not collapsed. it's still selling oil, revenue and other other industrial commodities. unemployment rate is probably better than some places in europe, inflation rates, not that great, great. and you know, the growth rate. well it slipped a little bit. not much, but that's true throughout the world many economy. so the sanctions have not had the effect on russia and you might, might interpret these, these moves, you know, what the i, c c in the price caps is kind of a desperate moves they want regime change. they man and us need only thing. they can get it by getting read a potent and putting up i wanted to price on his head so to speak. you know, a new york times report says that more than 40000 people in somalia h

jack ross was a professor of economics and policies at st. mary's college of california told us that the bank collapse is directly tied. the current u. s. strategy of curbing inflation. the fed cannot raise interest rates high enough to bring down inflation because inflation is mostly supply side. we can't do anything about that. so they're trying to take inflation down by raising interest rates. low is crushing demand alone, right? but when they raise it up a certain level between 5 and 6, i been predicting you're going to start getting financial instability. and we see that already now with the silicon valley bank because the tech sector is the most exposed right now. and, and, you know, there's, there's like $250.00 companies that, that have their money in silicon valley bank. lot of them start ups. and if they, if that bank goes belly up and they lose that money, well hope to start up the gun ago. i got a crash, right? that's where the government i think, is going to really jump in and bail it out. and i already signed the deal yet. but w

lay off record the tech sector accounts for more than a 3rd of all redundancies for live now see jack ross was an e. com. all right, so i'm for the politics professor at st. mary's college of california. jack, thanks so much for bearing with us. and joining us here today, jo button states that the u. s. economy is on the right path. and is this really the case considering that the statistics about these record layoffs? no, i don't believe so. you know, the lay of said, beginning to appear now, particularly in the good sector after the federal reserve raised its rates and a record pace here over the past year. and it hasn't really hit the service sector yet, that they're still hiring going on, which is part time. you know, when a site that unemployment rate, it's only for full time permanent workers and we get about $50000000.00 part time temp gauge workers in this country. and people who are have dropped out of the labor force and so forth. when you look at the unemployment rate is really around 78 percent, not 3 and a half percent. first of all, and even that is a, is an under estimation

we just speak to talk to jack ross, miss a professor of economics at st. mary's college of california who says that international, the international criminal court move, well, he says it's a desperate bid to further isolate russia. so it sanctions policy has not been affected. affective le, russia's economy has not really been impacted seriously. it's, it's currently not collapsed. it's still selling oil and revenue and other other industrial commodities. unemployment rate is probably better than some places in europe, inflation rates, not that great. great. um and the, you know, the growth rate. well it slipped a little bit. not much, but that's true throughout the world many economy. so the sanctions have not had the effect on russia. and you might interpret these moves, you know, with the i c, c and the price caps is kind of a desperate moves they want regime change. they made a us nato, a new thing. they can get it by getting ready for a potent and not putting up, wanted to price on his head, so to speak. you know, quote a post out here in moscow as th

now jack ross, i was convicted in 2020, he's serving a 12 year sentence, and goldman sachs itself. this power house financial firm here in the united states also pleaded guilty to corruption charges. they've paid billions of dollars in times in to malaysia and will pay billions to the united states as well. but there is one key suspect that is still at large and hasn't been brought to justice. he's described as the mastermind of this scheme, a man by the name of joe lo, a malaysian business man. again, officials are still looking for him to bring him to justice or kristen salumi reporting on this from new york. thank you very much. a staying in malaysia and the former prime minister more he had in yes, seem has been arrested by anti corruption investigators. he is due to be charged in court on friday. the charges include abuse of power and money laundering, or he had in was prime minister for 17 months between 20202021. fairly 46000 people worn relief centers in southern malaysia as a days of torrential rain, flooded their horns. florence louis has this update from your horse state

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jack. yeah i can go ahead so it's not. i believe in the chat. ross, we're going to the sign out sheet now for those of you seeking, please use that to sign up we'll leave that will be posted a few times through your benefit okay i do think we can address another question or two here, if that's all right with you jeff and other panelists. no that's fine. go ahead. right. yeah, we have an interesting one here about how this sort of played out the time at the time when the present moment was made, an open court than anyone in the press or other observers pick up. that's something odd or suspicious was going on. give me the second half of that question. anybody in press or other observers pick up? that's something out of the ordinary. it was going on. well, no, back then there was a uniform, monolithic. there were three networks, abc, nbc, cbs, two national newspapers, the times in the post and two weekly magazines, which were hugely influential time and, newsweek and they were uniformly disdainful of president nixon. so you had a hounding of him without

jacked up. joe biden had to come through and straighten it up. host: we talked about how democrats view themselves, how are they looking at joe biden? guest: if you asked a mike rossbout joe biden they will talk about their support for him he was able to shepherd through a lot of the key priorities they hoped to run on. you haven't too many really throw their hat in the ring except for marianne williamson at this point. i haven't heard of any democrats who support her it will be interesting how they end up wanting -- throwing their hat into the ring. a lot say they don't want to run it yet and you see that reflected and a lot of pulse of democratic voters but at this point it's hard for democrats to say they don't want biden when there's really no one else they can point to is that i think they would make a better choice. host: susan in south carolina, hello. caller: good morning. concerning the ukraine work, and how the money is being used i've been seeing the commercial about wanting people to send money to feed the jews and ukraine so i called the number and i asked them, i said we've already sent $100 billion there how come the jews are being helped? host: bef

ross: oh, my god, butters. drew: everybody, it's jack champion! ross: hi, jack. ering] thank you. ross: welcome. thank you. love this. i know. thank you so much. i know. we're drooling over this. drew: where did this piece come from?