ford which president of strome our consultants and university of massachusetts professor emeritus richard wolfe welcome i by self to the amazement of several high school teachers am a college graduate but i've may never learn what my plumber does richard will vocational trades always be a safe career bet. no i mean the harsh but necessary truth is. they never were they often were ways of getting a decent job for some but we have been automating at a higher and higher rate for a long time now the artificial intelligence people that i talked to indicate that an awful lot of jobs we now take for granted will as has happened so often in the past be gone soon it's a kind of tsunami we're worried about but don't know what quite to do about it in our capitalist system where we rely on private investment to deal with these overwhelming social problems so the short answer is no it's not a guarantees not a reason not to do it but it's not a guarantee of a good job absolutely not well we already spend our day interacting with robots one of my sisters is a now retired to a dental hygienist and she was stil

economic system professor richard wolfe host of economic update thank you so much for that excellent insight today and thank you for an cases of kobe 1000 have surpassed 230000 worldwide as the globe continues to grapple with controlling the spread of the virus here in the u.s. officials are reporting the number of confirmed cases has eclipsed 10000 to date more than 150 people have died in the u.s. president donald trump spoke thursday afternoon about the situation and what his administration is doing to push a vaccine forward. so we slash red tape to develop vaccines and therapies as fast as. it can possibly be done long before anybody else was even thinking about doing this and as you know earlier this week we began the 1st clinical trial of a vaccine candidate for the virus and that was launched in record time it was just a few weeks and that would have taken years to do not so long ago. and a spokesman for the iranian health ministry said the virus is killing one person every 10 minutes in the country as the death throes toll rose above 1200 in spain the health ministry says the

countries around the globe plan more law found more spending we'll talk to economics professor richard of wolf about the latest stimulus plan on capitol hill and if it will be.

passed 2 trillion dollars stimulus plan to keep firms afloat we heard from economics professor richard wolfe though he thinks the measure is won't be enough. we are going to have a worse condition of unemployment now when employment goes up a little more like this every conceivable still szell problem we have i got a little child that you do forest you name it goes ribbit that's one of the reasons you can't i it's a billy predict the next fall out of all of this everything that government has done since we 1st learned about the a coronavirus in december of last year has been too little and way too late and my judgment as best i can see it now is that this bill assumably in the form it takes one final repair will also be true little and too late. well the u.s. is now the center of the pandemic with the largest number of cases globally more than 123000 americans have tested positive for the virus and more than 2200 have died the york state has been by far the worst hit with more than 50000 cases that is almost half the total nationwide 893 people in the state and almost as many people have cal

a 2 trillion dollars stimulus plan to keep firms afloat we heard from the economics professor richard wolfe who does think though that the measures won't be enough. we . were just conditional on the employment now when unemployment goes up a little more like every conceivable still szell raglan we have i got a little child that. forest you name it gold read it that's one of the reasons you can't i have the belief predict the next fallout of all of this everything that government has done since we 1st learned about the coronavirus in december of last year has been too little and way too late and my judgment as best i can see is that this bill are still mostly in the form of well it. will all still be true little and julie will admit the economic turmoil hewas all produces have started to pay consumers to take their current that is storage units to fill up amid collapsing demand prices internationally have tumbled as the coronavirus pandemic shrinks economies benchmark oil prices on wall street are hovering above $20.00 a barrel but in the world of physical oil where. change hands trading has

passed 2 trillion dollar stimulus plan to keep firms afloat we heard from economics professor richard wolfe who thinks the measures won't be enough we. were just conditional on the employment now when unemployment goes up a little more like this every conceivable struggle szell raglan we have i got a little child that you do forest you name it goes with it that's one of the reasons you can i still believe predict the fallout of all of this everything that government has done since we 1st learned about the coronavirus in december of last year has been too little and way too late and my judgment as best i can see it now is that this bill are still not really in the form it takes one on and we will all this will be true little and truly america is now at the center of the cove in 1000 pandemic with the largest number of cases globally over 123000 americans have tested positive for the virus and more than 2200 have died at this point hospitals around the country are struggling with shortages of equipment staff in one new york city hospital under trash bags when they ran out of protective clothi

passed a 2 trillion dollar stimulus plan to keep firms afloat but we heard from economics professor richard wolfe who thinks the measures won't be enough. we are going to they were it conditional on the employment now $100.00 employment goes up right along right there's every conceivable struggle szell raglan we add i grow a little child that you poorest you name it gold read it that's one of the reasons you can't i have to believe predict the fallout of all of this everything that government has done since we 1st learned about the a coronavirus in december of last year has been too little and way too late and my judgment as best i can see it now is that this bill are still not really in the form it takes one. will also be true little and julie. the united states is now at the center of the cove in 1000 pandemic but the largest number of cases globally are one 123000 americans have tested positive for the virus and more than 2200 have died new york state has been by far the worst hit with over 50000 cases that's a little under half of the national total and 883 people have died in the state emerg

pressing issue how will they sell the exit strategy from containment if we can always professor richard wolf who believes action should have been taken sooner. we are going to have a worse condition of unemployment now when unemployment goes up right along like this every conceivable store szell problem we. grow a little child that you did for us you name it gold's read it that's one of the reasons you can i possibly predict the next fall out of all of this everything that government has done since we 1st learned about the a coronavirus in december of last year has been too little and way too late and my judgment as best i can see it now is that this bill are still madly in the form it takes one finally there will also be true little and too late so many thoughts about where this is going to go for a few want to watch the full version of that with richard wolffe accounting artie's boom bust and plenty more about the challenges facing the global economy too in our society dot com. now wiki leaks attitude in the sun has been denied bail in the u.k. as health concerns of a covert 1000 strike fe

trillion dollar stimulus plan to keep the firms afloat we heard though from economics professor richard wolfe does think that the measures won't be enough. we are going to worst condition of unemployment now when employment goes up a little more like every conceivable store szell raglan we had. a child that you did you name it gold's really it that's one of the reasons you can either believe predict the stall out of all of this everything that government has done since we 1st learned about the a coronavirus in december of last year has been too little and way too late and my judgment as best i can see is that this bill assumably in the form it takes one and finally there will also be true little and tooling. i mean the economic turmoil he less oil produces have started paying consumers to take their crude at a storage units fill up amid collapsing demand prices internationally have tumbled as the coronavirus pandemic shrinks economies benchmark oil prices on wall street are hovering about $20.00 a barrel at the moment but in the world of physical oil their actual barrel still changed hands tr

you know their loans to pay their responsibilities that must be attended we spoke to economist richard wolfe he says that confidence is slipping in governments and once we could be on the brink of another great depression because lots of the markets today down 10 percent roughly here in the united states in new york city where i'm sitting is a clear very profound statement of the entire investment community which is not the small people who have a few shares i'm talking about the people who manage pension funds who manage bank quarter volleyers and so on have a massive loss of confidence in the government of the united states or in the private economy to get out of this disaster after a cut in the interest rate last week and even bigger double the size cut this week and the announcement of stimulus plans we do not see a recovery a turnaround we see that these are interpreted as signs that this situation is out of control and i think you see that in the business community you see it in the mass of the working class you see it in average people everywhere are we are out of stock in our superma

cubes to eskimoes thank you mark president hillary ford which in us amherst professor emeritus richard wolfe pleasure holland thank you. thank you for watching the big picture if you see us somewhere else you can now also watch our team america live at youtube dot com slash our team america and we're live on direct t.v. channel 321 on the pluto t.v. app 279 if you have dish we're 280 and all of our shows are available any time anywhere on any device at youtube dot com slash the big picture r t m holland cook in washington and at holland cook on twitter where if you follow me i'll follow you question more. your government and our government and all the other major governments of the world know what's going to and when it's going to. but they haven't told you and they haven't told me they haven't announced. imagine something as big as the earth. is going to cause tidal waves or earthquakes volcanoes erupt and it's going to chill. so very for a while right. my great grandfather's. nobody would care about the law or prison so you'd have wallace those should have. a terrible life between now and

issue how will they sell the exit strategy from containment we heard from economics professor richard wolfe who believes action should have been taken sooner. we are going worst condition of unemployment now when unemployment goes up right along right every conceivable still szell problem we. grow a little child that you did war just you name it gold's really it that's one of the reasons you can i possibly predict the next fallout of all of this everything that government has done since we 1st learned about the a coronavirus in december of last year has been too little and way too late and my judgment as best i can see it now is that this bill are still mostly in the form of a splint there will also be true little and too late. so much information to process of all this going on you can watch the full version of the interview with richard wolffe if you fancy it artie's boom bust show on this plenty more about the challenges facing the global economy and all of us right now on our web site r t don't come. here russia is registered its 1st 2 deaths from covert 19 so far it currently has $840.

cubes to eskimoes thank you marc president hillary ford which in us amherst professor emeritus richard wolfe pleasure holland thank you. and thank you for watching the big picture if you see us somewhere else you can now also watch r t america live at youtube dot com slash our team america and we're live on direct t.v. channel 321 of the pluto t.v. 279 if you have dish we're 280 and all of our shows are available any time anywhere on any device at youtube dot com slash the big picture r t m hall in washington and at home and cook on twitter where if you follow me i'll follow you question more. believe named weird things by the way this called superstition or magical thinking believing weird things like that is not a bug in the system it's a feature that comes equipped in the software of our programming to try to connect things in the environment just in case there's a real connection. in this community there are people who believe that it's ok. it's really hard there are no jobs and you see that i've got kids that ask and as a parent. i can come up with lots of arguments there's a lot of con

its peak here in the united states like we're seeing across europe host of the economic update richard wolfe thank you so much for your time and expertise my pleasure thank you. vehicle production for top u.s. automakers may be shut down well into april now this is according to reuters ford a general motors and chrysler all say the original plan to restart plants on march 30th is highly unlikely michigan's governor gretchen whitmer has banned non-essential businesses from operating until at least april 13th but the report says what more has not said whether or not auto production is considered essential meanwhile a number of factory workers tell n.b.c. news plants should have been shut down even sooner than last week now some of the employees say the nature of their workforces them to actually be within recommended 6 feet for social distancing and surfaces are difficult to disinfect all 3 automakers have had employees test positive for the coven 19 but deny any wrongdoing united auto workers union president rory gamble says we are doing all that we can to protect our health and safety during

joined by professor emeritus at the university of massachusetts amherst and host of economic update richard wolfe thank you so much for this time there's a lot to get into this volatile market a lot has happened in the last 48 hours alone now i want to start by asking you st louis fed president james bullard he's been very vocal lately appeared in the media almost every day you could say will he said the economy will take a huge short term hit but it will essentially bounce right back up now this is after he just said that the unemployment would skyrocket to 30 percent now to be clear that's worst than during the great depression in 1933 it was about 25 percent now is this bounce back going to happen or are we going to see more of an al shaped recovery. the answer the honest answer is that nobody knows and i am are amazed that mr willard would be as confident about such an iffy proposition as he seems to be it would be nice to believe all of that but there is no historical basis for doing it let me pick up on one point you made in 1033 the depth of the great depression unemployment was registered

richard, what are you learning? >> reporter: from monday the 23rd, the new york stock exchange has decided to close the trading floor. but, wolf electronic trading will continue. so the market is not being closed. only the floor. the famous floor that you see every day where traders and brokers and designated market makers come together. the actual market will remain open. apparently there have been several cases of traders and people on the floor having been tested positive for the virus, and basically the exchange said the only way to realistically continue was to go to an all-electronic trade system. the first time it's happened, the market has been closed before, of course 9/11 being a major example. but this is the first time that the floor is being closed but trading will continue. they're very keen to express this, this is only the floor that's being shuttered temporarily. >> for practical purposes, for viewers watching, richard, they want to trade stocks starting monday, how does this impact them? >> reporter: not one jot. to any retail investor, anybody watching, they would go online to their online brokerage as usual

richard attenborough. lovely, lovely man. he was able to keep us on the air. and we have the cartridge machine over here. courtesy of brown wolfg eye, good morning. it used to be a full—service radio station because we had a bit of everything. we did the vet, the doctor, the gasman. fletcher. i think we invented ebay. we did tradio on the morning market. the minute you played to the tradiojingle, the lines were full. if anybody had a problem we would try and help them sorted out. we all used to hate doing furry friends, but it was in the clock and you had to do it. the proposition was that we are from your area. to be honest, we all used to hate doing what's on's. because we found it a bit nonky. we are part of your community, get engaged with us. and that message was heard loud and clear. people loved it. these were just great segments that were an appointment to listen. which i think is perhaps lacking these days. i homed in on radio aire because i tried ringing my local radio station and i could never get through to the actual dj, that was always a phone operative, whereas radio aire they were not flush with cash, so they d

wolf mirbaum, sammy mirbaum, maulta spitzer, esther spitzer, nonum pitser, moe shay wax, hanna wax, leah wax, rachel freed, joseph freed, ribca befrt, samuel bester, cati rans felled, adolf ransfelld, sophie marcus stein, richardein wagna lova, will hea pay roots, anna knoll, heinrich knoll, holda drymer, peery lay ah stein, laya folk foggel, jacob wise, golda wise, hanna wiese, esther wiese, mirriam wiese, moe shay wiese. we would like to invite alman -- > >>>ser to lead the recitation of the morning kaddish. >> we offer kaddish as a prayer of remember rarns, but the words of the kaddish reaffirm our faith in a higher power, a power that endouz us with the ability to learn from the past and to choose good over evil. please rise if you're able, and please remain standing following the kaddish for a moment of silence, as we remember all victims of the holocaust and all victims of bigotry and hate. [ speaking foreign language ] [ speaking foreign language ] [ speaking foreign language ] >> you may be seated. ♪ ♪ ♪ ♪ >> i would now like to invite holocaust survivors to join together with members of the diplomatic community to light memorial candles. following them, we invite all our guests to light a candle. ♪ ♪

richard must run an ad in an antiques magazine. >> somebody picked up on it, and i started getting calls from israel and calls from all over the country. >> another example -- this silver cup with a wolf's-head crest. >> it drove me crazy. i wasn't able to find out what the crest was. >> after much effort, historian bill ralph, a member of the research team, figures out it was from a group called wolf's head. sounds like a secret society. >> and it -- in fact, it is, and it was. it was the third secret society at yale. >> fascinating stuff. but can the siblings expect a return on that kind of research? did you ever say to richard, "i got your latest bill, and we're not gonna do any more research until we sell some of this stuff"? >> i didn't put it like that, but i questioned him. "are you sure we're discovering enough things of importance to pay this bill?" and, richard being richard, "oh, yeah, yeah, yeah. don't worry about it." >> i told john i had calculated we ought to be able to do $600,000 without a problem. >> that's because his team has found plenty. check out these letters apparently given to andrew green as a gift, penned by thomas jefferson, james madison, and james monroe.