like the pension accounts to pay back that debt and you keep the keep the rest i mean that's what ray dal you know is essentially talking about when he says billionaires like himself or henry kravis or steph stephen schwarzman they get to borrow for free at the fad and then destroy the livelihoods of the bottom 50 to 90 percent of the population sells $500000000.00 in stock i don't know how to pronounce his name kalanick he's the guy who is out. said he gets $500000000.00 and by the way his new his replacements of course praise thing. m.b.'s you know mohammed bin solomon from saudi arabia essentially he was saying well we all make mistakes about him out chopping up a journalist. of course transforming the taxi business around the world and becoming a monopoly in the taxi business and one of the founders there for half a 1000000000 who was caught doing a lot of nasty things and his successor praising the decapitating m.b.'s guy over the the saudis yeah yeah he said because we all make mistakes like having cars have i don't repeat all he equated it with that here's the bottom 99 percent thi

ray dal leo who by the way is going to be on the network tomorrow and i'm sure is going to not only react to the things that you've said but expand on some of the things that he has said himself in the past, including from a recent "60 minutes" interview where he said, quote, i think the american dream is lost for the most part we don't talk about what is the american dream and it's very different from when i was growing up. he said he was in favor of the rich paying more in taxes. he also said -- >> so am i. >> he said the current form of capitalism isn't sustainable what are your thoughts about that >> too intellectual concepts for me america has done well since 1776 with a capitalistic oriented society and we are the most prosperous economy in the world and we think the model somehow is broken. it's ridiculous. we have to try and arrive at certain fundamental beliefs. if i said to you, i worked all year long and everything i worked for the government took away you would say that doesn't make any sense if i worked all year long and took away 90% that would make sense to bernie. if i too

trade headlines kayla was discussing, we're set for record close >>> bridgewater associates found ray dal yoe wayed in at the national committee on u.s./china relations yesterday. >> there's a trade war there's a technology war there is a geopolitical war, and there could be capital wars. that is the nature of the environment, and how that's approached is going to determine what our futures are like. >> for more let's bring in larry adam from raymond james and john rutledge very good afternoon to you both. >> good afternoon. >> john, you think a trade deal is coming, is that right >> i think both of these guys need a trade deal. trump's got an election in a year he's got a softening growth economy. you've got impeachment hearings, and he needs a win and the win would be signing a trade deal and sending the stock market up some more. >> larry, is ray dalio right to think this war is going to be multi-tiered and it's going to extend to other areas like technology and capital regardless of what happens short term with ag purchases and other trade deficit related things >> i absolutely agree.