rigging scandal which came to light back in two thousand and twelve joining me now from london steve kean the author of can we avoid another financial crisis and the world's first crowd funded economist at dot com steve thanks for joining me now let's talk about this case do you think the u.s. government actually has a solid case here. or has a rock solid case this is a classic case of collusion and manipulation and the trial is. will just go into the court and so there we're guilty what's the fall on that's that's frightening but let's look at what a lot of people are asking which is essentially who sets and enforces the rules and where was the oversight in this panel this is a huge scandal. well the problem is that if you look away a lot of our actually came from an actual concept of using it as a by sustaining interest rights. mainly profit bonds but also some government bonds around the world is that libel was seen as being the world's broadest market for the buying and reselling of bombs on the basic reason behind that was that the conventional economic theory says that banks have to

behavior will continue right the heads will roll but be anything the big dogs thank you so much steve kean author of can we avoid another financial crisis and the world's first crowd funded economist at patron dot com thank you. what do you usually well look for in a partner do you like a rugged good looks or the guy who always makes you laugh maybe she's the girl with the prettiest eyes or maybe you should be rocking a high credit score instead two thousand online daters were surveyed and sixty nine percent agreed that if your rocking a high credit score you basically had the most important quality it beat out humor attractiveness ambition courage and modesty fifty eight percent even agreed it was more appealing than a flashy car there's a bit of research that supports this too apparently in a two thousand and fifteen paper. researchers analyzed more than fifteen years of new york federal reserve data and found that if you had a higher credit score you were more likely to form a long term relationship with someone someone of a similar credit score so this love really is a numbers game aft

economy and is the global economy back on track joining me to discuss from london is economist steve kean author of can we avoid another financial crisis steve thanks for being here i want to first get your take ten years on what's your take on the health of the global economy today. it's basically if you can imagine the financial crisis like being attacked was on bees in that we're still in the side of the walking dead we haven't got rid of the fundamental cause it hasn't even been identified of course by the people supposedly in charge of the global economy so i was still carrying the legacy much in the same way that japan is carriage of its financial crosses from nadi right through for a quarter of a century what signs did you see leading up to the crash that most of the mainstream economists either missed or ignored. very good question i look at the level of private debt and how fast it's growing and the two factors are completely ignored by the mainstream because they treat debt as simply a transfer from one person to another so one person spending increases the other doesn't have th

steve schmitt worked in the burge w. bush administration, senior advisor to the kean parking lot campaign. paign. steve is not shy in general. he was particularly no shy to the president's remarks today. as soon as the president finished speaking steve posted this, quote, a completely unhinged performance by the most powerful man in the world. quote, that performance will send shivers down the spine of every allied leader and inspire every adversary. everyone sees the unfitness. joining us one steve schmitt. steve, thank you for making time to be here tonight. it's nice to see you. >> good to see you, rachel, thank you. >> you have been critical and outspoken about this president a number of occasions in the past. can i ask you, reading your response today, i want to know if you see this as kind of a marginal advance in what you see as offensive behavior by the president or do you see this as something qualitatively different, a big leap? >> i would say qualitatively different. the moral obtusity on display at that disgraceful news conference today are bone chilling. this is a moment in the

keane, thank you. >> good talking to you, john. trish: now that he's no longer the west wing, steve bannon says he's putting them on notice.ng coming out. coming up, he preserved our union despite the civil war. president abraham lincoln about the challenges of today. father jonathan morris is here to weigh in next. millions of you are online right now, searching one topic. that will generate over 600 million results. and if you've been diagnosed with cancer, searching for answers like where to treat, can feel even more overwhelming. so start your search with a specialist at cancer treatment centers of america. start with teams of cancer treatment experts under one roof. start where specialists use advanced genomic testing to guide precision cancer treatment... ...that may lead to targeted therapies and more treatment options. start where there's a commitment to analyzing the latest research and conducting clinical trials-to help each patient get the personalized cancer care they deserve. start at one of the cancer treatment centers of america hospitals near you. the evolution of cancer care is here. learn more at cancerce