out counterpart exposure and also moved on so what scared them well it could be massive derivates mosher $43.00 trillion euros of as to made derivatives on the books in 2008 derivatives played a big role in the financial crash in the form of collateralized debt obligations and betting on top of these financial assets people basically made bad on the market and people made bets on top of those bets and it turned what originally was a few $1000000000.00 of assets into a few trillion dollars and that's exactly what happened to do a job bank here bloom 40 trillion dollars off of only a few $1000000000.00 of assets through providing longs and shorts on both sides of the trade now that in it's of a self is fine banks actually do this all the time but the bad news is what are these underlying assets even if it's only an estimate $100000000000.00 worth of assets under this that's enough to drive clean it's market cap currently at $7.00 it's only $15000000000.00 then there will be an absolute need of a bailout in 2007 merrill lynch owned a $7200000000.00 of safe c.e.o.'s but by the time the losse

tuesday the brought trees down. 8000 lightning strikes in four hours across northern england and mosher heavy and thundery, a dry day across much of wales, central england and northern ireland. stills and gusty winds, not as strong as we ireland. stills and gusty winds, not as strong as we saw ireland. stills and gusty winds, not as strong as we saw on tuesday but allow for strong gusts in a near the heavy showers. while we have the sunshine, four, 20 five celsius where we have frequent showers, more likely 18 or 19. as we go into thursday, low pressure is still close by, pulling into the north sea but it will continue to generate showers. they get going through the morning, particularly in the eastern counties of england and scotland but a more widespread through the day across northern england into scotland, may be parts of north wales and the midlands. by and large, much of wales central and southern england have a dry and warm day with a high of 25 lcs and showers in northern ireland although mostly mainly dry. the isobars are further apart so the wind will be lighter by friday. the

joining us now to discuss, author of the coming collapse of china and steven mosher, president of theulation research institute. gordon, the companies are giving much by way of answers tonight, but if this is true, what exactly are they contributing t to? >> they are certainly contributing to china's behavior to control its citizens. by the way, that is by no means an exceptional circumstance, and it is by no means of the worst. google has these artificial intelligence partnerships with universities, and it is building a partnership with the university of science and technology of china, which has a direct connection with the chinese military. all this time that google is refusing to work with the pentagon on ai and cloud computing. this is near treasonous. >> laura: [laughs] this -- i feel like a broken record on this. gordon, i've been talking about this for how long? 20 years? you've been on this for decades as well. how serious is this collaboration between big tech and the chinese government through its offshoots subsidized companies, and how dangerous could this be for u.s. geop