and here in the studio i'm joined by dan hunt bosh a senior expert at that is money institute a former china correspondent welcome to you great to have you with us now we understand well we know of course that that controversial extradition to with the spock's this movement it is off the table protest is one that but of course they are calling for greater democracy reforms so you think they can get them i don't think they can get them but in a way they're back in the game. we now see all these spectacular social media activities that they're doing the light show as you and that they composed and this whole shows that they're winning back the hearts not only in hong kong but internationally for them it's not anymore about just the extradition or it's a much longer. fight that they're in but at the same time we have to the knowledge the strength in this thing is really with beijing and they show that they want to use it now absolutely it's been a very tough fight so far i mean during these 3 months you see more than a 1000 people arrested trials are due to begin soon we understand that t

much in the way of rates, and the real problem is that financial institutions need some kind of yield curve so that they can earn moneyinancial institutions don't really earn a lot of money, they're not as healthy, they can't expand given the capital constraints on them. and if they can't expand, they can't lend you money. they can't lend somebody money whether it's a company or consumers. and without credit extension that's pretty robust, countries don't grow. and so i think we've gotten ourselves into a bit of a, bit of a global trap. and the way out of this isn't continuing to lower rates, although you get a little shot in the arm. it's like going for a vitamin shot to a doctor, and you feel good evidently. i've never had one, but, you know, for a little bit. and then it stops working. so you're going to end up needing, you know, fiscal stimulus. i don't know that qe works in any material way. maria: no. i think in europe you're talking about the need for fiscal stimulus like labor reform and, you know, things that are structural, not monetary. >> right. well, one is, in effect, simply running deficits. and the sec

if you talk to crypto people, they are always like, institutional money is coming. he mantra at the end of 2017, through 2018. there are more custodial solutions that would theoretically allow institutional money. how much of a market gap do you think this product will address in terms of money that's theoretically on the sidelines, not in bitcoin, that would be with the right product? >> we believe this could be a game changer for institutions. there has not been an institutional quality vehicle for bitcoin access. bitcoin does not have traditional custody solutions yet and it forces institutions to open up accounts on different otc platforms. what this does is bring all of that into one security that they can trade on there's additional brokerage form, use the same trading and clearance processes they are used to with any other security. romaine: what type of security or assurance does this provide to make sure folks have some sort of confidence? >> that's one of the main aspects of this product, is storage. the trust is using best practices in terms of bitcoin sto

accounts i mean they're buying a lots and lots of it in the institutional money is pouring into big going this is not no it's not a hobby for. cypherpunks anymore this is becoming a factor in global finance it's changing the global financial architecture so what do you what do you say well i think in both cases like an alternative store of value is kind of the final insurance policy for the central banking system which are going crazy so if if if you have negative rates and never negative for you then bonds more and more 17 trillion and increasing but they then you need some place to hide and then people really i think think about what is money what could service money. in terms of stock the flow rate should both it's really very hard money. people realize ok this this could serve as a spot of store for the and i won't be from a put fully a management view want to be dogmatic i would be pragmatic and i think one can play this very well in a combined book folio one other than have to bet the house an idea of these so it's actually quite. easy thing to play and i t

big money outside has entered into higher education in a way that has affected the values of the institutionsve this example. think of the college emissions bribery example. they're different. in some ways they're on the same spectrum where big money is trying to influence how an institution functions. >> how does this get undone? this is not a one off. this is corner cutting epic bending with a way big tech works. how do you undo this at a university level? >> in the case of public education and public institutions, it comes down to state's funding institutions at the highest level. let's get real. is that actually going to happen? >> it probably won't but it should. >> when we think of institutions like university and madison or unc schools, right? those schools were once -- >> get me out of should and get me out to what's real. >> big money public education is going to be more distorted. >> eddie glaude, thank you. >> mark sandford will be joining us live to talk about launching his primary launching against the president. that's at 11:00 a.m. right here on msnbc. ♪ applebee's handcrafted

despite his sex offender status, the financier spent time with renowned scientists, and gave money to institutionsing mit. in palm beach florida, chief reiter had retired. did you think about this case often after you left? >> this was the case that never really left me. >> reporter: did the justice system fail these victims? >> not only in my opinion, but in the opinion of others that have worked a long time in the system, this is the worst failure of the criminal justice system that i or they are aware of in modern times. >> reporter: it turned out reiter wasn't the only person in south florida who hadn't forgotten jeffrey epstein. in november 2018, the "miami herald" published an explosive series about epstein's sexual abuse and the deal that led to that short jail term. and, that same month, the u.s. attorney for the southern district of new york quietly began a new federal investigation. it's likely epstein never saw what was coming. >> jeffrey epstein arrested after flying in from paris expected to face federal charges related to sex trafficking. >> i was crying tears of joy. and i was, like

well-known fact there is tremendous corruption within the country and a lot of the money disappears the most notorious institution within the country is the gas company interestingly enough the gas company that vice president biden's son was appointed to and set $50000 a month after the vice president was asked to look into the corruption and do something about the ukraine. but in any event corruption is a big problem. funds get diverted so i will just close by saying that every american that is interested in what's going on back and forth about the call the president had with ukrainian presidential look at the transcript and read it takes two minutes and it won't take long to figure out the mischaracterization is off-the-wall. it is amazing to me people would that was a standard in ordinary regular conversation from another had a stay is characterized the way it is. it was a congratulatory call with aat lot of banter. he has met with a lot of heads of state. sometimes we even meet to gather. i don't know people think it is scripted or they are focused directly on issues there's always a lot of banter that could

money. he was celebrated not only by the right but by the right wing of the democratic party. he wrote that book and funded by institution money. it's not an academic book or argument. the question is, what happened to universities on the one hand on the basis of this funding? what possibilities does this close off? what students will be criminalized if they stand up in protest? students that are using their speech, engaging and rowdy speech, inflicted speech, how do we drop these lines between what's acceptable and what's not? what is platforming, elevating someone to a paid platform, the university of california and how is it that we engage in these questions? these are fundamentally material questions. the material consequences are clear. the impact of white supremacist speech is private. we know that perfectly well. just as the impact of the trumpet and white house is violent. uptick in white supremacist from armed training camps in the northwest from forces that need to be physically defeated. it's also material and thinking about how these questions emerged. thinking and diagnosing in a way that this book does powe

did convicted sex offender jeffrey epstein try to buy back his reputation by giving money to prestigious institutionsdid it work for a little while? our brian stelter weighs in next. >>> jay-z come in after a donation for a chicago nonprofit. i had a heart problem. i was told to begin my aspirin regimen, and i just didn't listen. until i almost lost my life. my doctors again ordered me to take aspirin, and i do. be sure to talk to your doctor before you begin an aspirin regimen. listen to the doctor. take it seriously. ♪ go where my baby lives b[ growl ]olle♪s good boy. hey. hey. you must be steven's phone. know who's on your network and control who shouldn't be with xfinity xfi. simple. easy. awesome. i can worry about it, or doe. something about it. garlique helps maintain healthy cholesterol naturally, and it's odor-free, and pharmacist recommended. garlique >>> a director of the influential mit media lab resigned yesterday after expo say in the new yorker detailed the extent of steps he and other lab officials took to cover up their ties with convicted sex offender jeffrey epstein. >> the article

money than you could buy producing in the united states. you have to remember that general electric is substantially a financial institution today it makes half its profits just by moving money around in a complicated ways. and it's very unclear that they're doing anything that sort of value to the economy. so that's one phenomena let's go financial ization of the economy. going along with that is the oil sure into production. the trade system was reconstructed with a very explicit design of putting working people in competition with one another all over the world. and what it's led to is a reduction in the share of income on the part of working people. spend particularly striking in the united states but happening worldwide it means that an american workers in competition with super exploited worker in china. meanwhile highly paid professionals are protected they're not placed in competition with the rest of the world far from it and of course a capitalist free to move a workers aren't free to move labor can't move but capital can well again going back to the classics like adam smith as he pointed out the free circulation of labor is the fou

i'm constantly listening to tape to get a read on the big institutional money managers are up to. and to do that, i need separate the signal from the noise. what i do mean from that on any given day, there might be monster moves in individual stocks the swings are all significant when you see the cloud stocks get killed, forget about it. the natural conclusion to draw and something must be wrong with the cloud. well when a really low group bounces, it's not a stretch to assume that pain is not over but that's just too easy, people the truth is some of the moves are a signal and some of them are noise. it tells you the stock will probably keep moving the same direction. noise on the other hand is, noid to borrow a line from one of my favorite characters, macbeth, noise is a poor player that struts and frets his hour upon the stage and then is heard no more it is a tale told by an idiot full of sound and fury signifying nothing in other words, while single carries the message, there is no take away from noise shakespeare would have been a dynamite investor. distinguishing one from t

a world where pensions and other huge institutional investors are not making the money they need. ou see a short-term change in that? you are so involved in some any of these big institutions as customers as an advisor. lulu: there is a lot of liquidity around. there is money to be invested and in a way, that is why many there's on the u.s. market are puzzled and frustrated they have been short and the market continues to work its way up. that money wants to find a place and in this troubled world, the u.s. and the u.s. dollar seems haven, solative safe if we can find some stabilization of the economic situation that money can go back -- wek, the u.s. needs have not been investing in our capital equipment. if we can just get some predictability, stability, i think both china and the u.s. and other countries can put money to work for their economies. carol: we would be remiss not to ask you generally a little about your market outlook. people are talking about recession, they want lower rates. in 30 seconds, how do you see the economic outlook and the market outlook? lulu: i don't t

that is no matter how much money we pump into these financial institutions, until we change the rules that brought us to this crisis, we are not safe. >> coming up -- >> i think she started to see that she's really going to be a lightening rod. lightening rod award winning interface. ♪ ♪ award winning design. ♪ ♪ award winning engine. ♪ ♪ the volvo xc90. our most awarded luxury suv. ♪ ♪ and my side super soft? with the sleep number 360 smart bed you can both... adjust your comfort with your sleep number setting. but can it help keep me asleep? absolutely, it intelligently senses your movements and automatically adjusts to keep you both effortlessly comfortable. and snoring? no problem... and done. so, i'll wake up ready for anything? oh, we've got your back. so, you can really promise better sleep? not promise. prove. only at a sleep number store. now, save up to $500 on select sleep number 360 smart beds. only for a limited time. >>> several 2020 democratic contenders are saying brett kavanaugh should be impeached. senators kamala harris and elizabeth warren and julian castro are cal

[laughter] but also institutional and organizational barriers that if you cannot raise money you cannotwin. it is a self-fulfilling prophecy. how do the candidates that you work with experience that? >> so i want to shadow women who were running for various levels of office in different parts of the country. one of the main characters is now a congresswoman in virginia who turned the red district blue and now she knows she has to raise $1 million she even made sure she had the network now somebody like catalina cruz did not have that powerful network so she was relying on small donations ten or $20 in the beginning her primary opponent that was the establishment had exponentially fewer and that this was a grassroots effort and volunteers on her campaign to do something as major as fundraising but it is interesting to see how they fought and in some cases it was the organization and she came to the city to meet with the democratic donors when she cannot get the people invested with all of these different meetings because people were focused on the governor you have to say that it's nice

clintons, by the right wing of the democratic party, wrote that book entirely funded by right-wing institution moneyit was not an academic book. it's not an academic argument. the question is, whatsapp happened universities on one hand on the basis of his funny that is infiltrated universities? what possibilities does this close off? what students will be criminalized if they stand up and protest? against the charles murray's of the world, against richard spencer, milo yiannopoulos of the world. students that are using of course their speech engaging in rowdy speech, conflicted speech. how do we draw these lines between what is acceptable and what is in question how do we draw lines between what is platforming, in other words, elevating someone to and invited paid platform, and how is it we engage in these questions? but these are fundamentally major questions. battle in terms of consequence, the material consequences are clear. the material impact of what white supremacist speech is a violent spirit we know the purpose of will. just as the imperial impact of donald trump and the white house is viol

and having the money going through a legitimate transparent financial institution relationship allowsus to hone in on activity that could indicate financial crime, that is promptly reported and it also helps us ensure that the activity going through our credit union is above board. >> thank you. >> and we've been talking about not only the banking system but the legitimate medical wear nan businesses, but we haven't talked about the ancillary businesses.9 wear nan businesses, but we haven't talked about the ancillary businesses. as you know, there are so many other companies doing legitimate businesses with these establishments from the security companies, we have landlords, accountants, electricians, garden stores, and they're also affected by a lack of a financial system to engage in. isn't that correct? >> yes, it is. >> and when you talk about your work with fincen, and i appreciate it closely because i work closely at fincen as well. my husband worked at fincen at one time. under the fincen guidance banks are required to file three separate types of suspicious activity reports fo

entire world is this notion of negative yield, a world where pensions and other institutional investors are not making the moneyed. do you see a short-term change in that? you are so involved in so many of these big institutions as customers and as an advisor. i think there's a lot of liquidity around. there is money to be invested. that is why many bears on the u.s. market are puzzled and frustrated that they've been short, and the market continues to want to work its way up. , and wants to find a place in this very troubled world, the u.s. and the u.s. dollar seems to be a relative safe haven. find some if we can stabilization of the economic situation, that money can go back to work, the u.s. certainly needs to have a capital cycle. we have not been investing in our capital equipment. i think if we can just get some predict ability, stability, i think both china and the u.s. and other countries can put money to work for the economies. carol: we would be remiss not to ask you a little about your market outlook. people are talking a lot about recessions. they want lower rates. how do you see the economic outlo

sponsorship i we don't believe that a cultural institution national international institution should be receiving money from a multinational company the continues. to o endanger the climate to pollulute the climat. the day of protest wraps up in montreal regretted tune berg is highlighting the issue of air travel in russia. harvest on offefer check a l little busines news stories on n google joins e and i could get a thought with reports that chinese companies could be the next to a casualty of the us china trade war. ththat's right tom some multiple rereports now saying that the trump administration i is considering the possibility of delisting chinese companies from u. s. stock exchanges preventing investors in the u. s. from investing in those companies. bloomberg reports that the actual mechanisms for doing this are still being discussed but if it does happen it would be a radical escalation of trade tensions between the two countries which already been escalating for months talks are of course set to resume next month. after weeks of *-*- for tat terrace between what are the twowo biggest econonom

opportunities of the financial sector to a level that is not sustainable for a long time institutions have made good money from the difference between long term and short term interest rates that time is now over bankers eat their young you know just. barreled little baby bear in a bear market and everybody gets in a. they've destroyed the economy in so many ways there was only one place to go and that was to destroy themselves and now these banks are imploding the interest rate model is dead as as talked about as referenced you can make any difference between the difference between different time values of money and so now this is the end game of monitor there is asian and neo liberalism we get to watch and a life time the social fallout will be spectacular we already see uprisings all over the world get ready for the global insurrection against banker occupation so break up fireworks maybe it's time to go big yes so in particular these are the european banks we see the european banks suffering the most we see their stock prices has have collapsed we see their bonds collapsing we see like for example j.p

opportunities of the financial sector to a level that is not sustainable for a long time institutions have made good money from the difference between long term and short term interest rates that time is now over bankers eat their young.

opportunities of the financial sector to a level that is not sustainable for a long time institutions have made good money from the difference between long term and short term interest rates that time is now over bankers eat their young you know just like daddy bear will eat their little baby bear and the bear market and everybody gets eaten you know they've destroyed the economy in so many ways there was only one place to go and that was to destroy themselves and now these banks are imploding the interest rate model is dead.

money from b.p. should people be boycotting these institutions and surely there are people at all these organizations that understand what you do about the environment decided they have to get b.p. money to keep going they don't have to there's been a understandable reason why they have come to rely on big sponsors like b.p. this isn't a general campaign against corporate sponsorship for the arts this is a very specific story about companies like b.p. and shell and it is important to make that case because there's no reason at all why the r.s.c. shouldn't find another sponsor for this is to take it scheme it's just that his mother pointed out very compellingly he just said look you're providing a benefit for these kids but at the same time you're denying. that the business that your ian is going to destroy their future well they've obviously have their own reserve are making these decisions but aside from i mean what we have to understand always he consumer boy cotton or going to win this as nobel laureate economist or a stiglitz cools at 3rd world war for the environment is but any view is i want to