marshall auerbach thank you so much research associate levy economics institute it's been a pleasure thanks lou thanks for having me. well cross the world gamers tried to get their hands on preorders for nintendo's latest product the classic this week only to find out that those preorders were gone in a matter of minutes so what happened well some buyers spend one hundred ten dollars for something called tiding to help them it's a bot or rather a computer program that is made to do one thing and one thing only and in this case it was set to preorder s.n.a. yes classics as fast as it could with their creator reporting a ninety three percent success rate and some ask why spend one hundred ten dollars for something that only cost eighty will head over to e-bay and you'll see why bids on those exact same preorders are going for twice what you would pay for an in-store purchase with bids as high as three thousand bucks. that's all for now and check out the show on youtube youtube dot com slash bus r t thanks for watching the next time. i'm going to do just that if you're watching. swashin

trade act of one nine hundred seventy four let's take a deeper look now please welcome marshall auerbach research associate eat levy economics institute thanks for joining me look it's been said that in economic war with china is everything that was actually said by steve bannon former advisor to donald trump before he left the white house people really reacted to that do you think we could potentially enter into a trade war with china. it's always a possibility and ban in is not the first person who has made this kind of a threat i mean the tensions build up repeatedly because you have a very massive trade imbalance in china's favor and the two countries play the game of pre-trained with the according to very very different rules and expectations which i think could lead to political problems and conflict down the road do you think the u.s. would actually be able to see any type of result that would sort of preserve relations but get what it wants out of this. well so far they have been very successful you know that the there is talk now that they're going to use trade as leverage on th