if there were fraudulent land dues to take these loans those houses were lost and that's how warren buffett became one of the biggest landlords in america today he's the he ended up with all of those homes now that those homes are in the proposition of private equity groups like warren buffett the 2021 variant of a housing crisis is to pump money into the economy so that all the assets held on the balance sheet of warren buffett and other banks go up in value and the people that lost a lot of wealth in 2008 i rarely people of color are now getting raked over the coals again through disinflationary pass at their assets again remember because it is on confiscated won't i say that to the folks of color because it's one of the only assets they can have that people like warren buffett can steal right and you see again the rhetoric in the cable news on on twitter blew check twitter is that they'll be talking ever more about how anti-racist they are and yet they're. policies themselves what they're actually doing have racist the results they're excluding as sherrod brown points out black families

it now heads to the senate for what could be an uncertain future >>> and warren buffett betting big on beshg sure once again and admits to one serious mistake in annual letter to shareholders. >>> robinhood has big plans for more kacash in 2021 it's monday, march 1, 2021, and you are watching "worldwide exchange." ♪ if you like pina colada and getting caught in the rain ♪ if you're not into yoga if you have half a brain ♪ >> good morning, everyone. i'm seema modi in for brian sullivan kicking off the first trading day of the month, a look at stock futures. we're higher across the board. the bond market, which has been driving the action, you'll see yields have been coming down from their recent highs that were hit last week if we take a look at what's happening around the world, you'll see it's mostly a higher session overnight in asia with the expectation of the south korean market, we did end the session higher across asia and in europe, trading just got started. we're actually higher across the board there. >>> the u.s. with its third coronavirus vaccine in its arsenal. the cdc dire

victoria, warren buffett is sitting on a ton of cash.heap out there. maybe he has been burnt. he mentioned precision castparts being a disaster. what are your thoughts on the idea there is nothing out there to buy? >> well i think, charles, you have to love the sentiment that warren buffett gave in that letter as you mentioned. when you're talking about not betting against america that is part of what he is talking about on his investment styles. cheap is a relative term, right? you look at some of these stocks that really had a runup. you look at their valuations, their multiples and their high. i think after the pullback last week. you have an opportunity here to look to say, are they cheaper relative to where they were? is this an opportunity to go ahead and buy some stocks that perhaps you didn't have in your portfolio that you would like to have? so stocks are cheaper. and i think maybe you can use that to your advantage? charles: of course we heard cheryl talk about the giant position in apple that warren buffett has. i kind of thi

warren buffett avoided controversies in his latest missive to shareholders.he 15 page letter steers clear of u.s. politics. let's get to dani burger who has been looking at the details. he avoided controversy, but disappointed some by not mentioning these things at all. how surprising was it buffett didn't address the global pandemic in detail? dani: in terms of not getting into controversies, that's not that surprising. the letter was classic buffett in terms of talking about investments, some of the big hits he had, some of his misses. he mentions the pandemic on one page but in terms of one company he invested in, a furniture company that did well despite the pandemic. if you were looking for a different warren buffett, someone who would talk about reddit, robinhood, politics, you would have been disappointed but perhaps you don't know warren buffett if you expect him to discuss gamestop. he did miss some of the topics investors care about and often, his letters are seen as an opportunity to address those big topics. in terms of u.s. politics, he did repea

crisis is to pump money into the economy so that all the assets held on the balance sheet of warren buffett and other banks go up in value and people that lost a lot of wealth in 2000 in a guy rally people of color are now getting raked over the coals again through this inflationary pass at their assets in. los angeles is the symbol of the california dream the heart of hollywood cinema and the temple of luxury and yet today los angeles is the homeless capital of america in the last few years the number of homeless people has increased from 33255000 beneath the business towers the situation has become tragic. when i was a kid in lived here it was nothing like it is now i left for almost 2 decades and i came back a few years ago and it just it just blows my mind it's just going to increase because every month the cost of everything keeps going up there's no regulation so . apartment owners and landlords can raise the money you know the rent. whenever they like but nobody's paychecks are getting bigger. outraged by the situation of these homeless people gave up his job as a sales assistant he

. >>> warren buffett's berkshire hathaway announces a buyback as the investors says tres re ce.he imo dealdash.com, the fair and honest bidding site. an ipad was sold for less than $24; a playstation for less than $16; and a 4k television for less than $2. go to dealdash.com right now and see how much you can save. remember, shipping is always free. want to save hundreds on your wireless bill? with xfinity mobile, you can. how about saving hundreds on the new samsung galaxy s21 ultra 5g? you can do that too. all on the most reliable network? sure thing! and with fast, nationwide 5g included - at no extra cost? we've got you covered. so join the carrier rated #1 in customer satisfaction... ...and learn how much you can save at xfinitymobile.com/mysavings. >>> welcome back to "street signs. china's factory activity grew at its slowest pace in nine months in february as weaker overseas demand put a toll on the country's output. >>> warren buffett's berkshire hathaway has bought back a record $24.7 billion of company stock in 2020. nearly five times the previous high in his annual investo

think there is definitely a put option in there the fed will step in and take care of that and warren buffett there that ultra low interest rates around the world the minish the appeal of the bond market instead is focused on the equities market or berkshire hathaway have started bargain hunting amid the market come back i think with names such as chevron of arrives in an apple now given that valuations are so high in the equity of the market where investors supposed to look for bargains in this quiet. well that is of course the $64000.00 question where do you find bargains as an environment a lot of the tech stocks look wildly overvalued and you look at their price earnings multiples or just at salute a stratospheric i think one sector that has done very very well though recently has been sort of the banking sector and i think that's a sector worth looking at there we see the p. e. multiples actually being extraordinary low so this firms like morgan stanley and goldman sachs and j.p. morgan whose p. e. ratios are some about $10.13 which is a fraction of what we see for some of the tech stock

legendary investor warren buffett the sixth person in the world worth $100 billion. the bloomberg billionaires index. putting him in the company amongst five others ranking just behind mark zuckerberg. the 91-year-old added $13 billion to his net worth this year as share price of his company berkshire hathaway gro s up nearly 15% market value for than $600 billion. buffett revealed berkshire bought stakes in chevron and verizon indicating a new interest in big oil, telecom and media. buffett donated billions to philanthropic causes and in 2006 prothsed to give away almost all of his fortune to charity. a new report found the world's billionaires added nearly $4 trillion to their wealth during the pandemic. brianna? >> christine, thank you. >>> as the country marks one year since declaring a pandemic, president biden is preparing his first primetime address. where does the u.s. go from here? plus, top military brass take a fox news host to task over sexist comments about women in the military. hi sabrina! >>hi jen! so this aveeno® moisturizer goes beyond just soothing

warren buffett avoided controversies in his latest 15 page document.ly mentions the pandemic. it stays clear of u.s. politics. how to win friends and influence people as opposed to alienate people across the markets. dani burger read all 15 pages. buffett really didn't mention the pandemic? nothing vicariously? dani: not only did i read it, i have it here with me and the only time he mentions the pandemic, there is one instance or he talks about a furniture company that has done well despite the pandemic. i think the bar was set very hard for buffett this year, given not just coronavirus, but the political controversies happening in the u.s., reddit, gamestop, robinhood, you name it. he didn't address it, but it is classic buffett in this letter. perhaps it is not unusual he didn't get into those controversies. he talked about his investments, some of his mistakes, and took some victory laps, as well, but he didn't address a lot of these big issues that shareholders care about and often, we do look at buffett's letter has something where we get an idea

you mentioned warren buffett who called it rat poison squared. he also said he would not short any of the cryptocurrencies, but he would look to buy puts on a basket of the cryptocurrencies' five-year-long dated put. i think it's an interesting statement in the past. charlie munger said recently it's like a fox hunt, it's the pursuit of food -- up eatable by the unforgivable. and while bitcoin is limited, cryptocurrencies, the amount of coins that they can issue, are unlimited. so that's why they're a little bit skeptical on bitcoin. i happen to side with buffett here. i do think it can go much higher in the short term, but i think over the next five years if you had a basket, if prime brokers were willing to offer puts at a fair pricing -- >> they'll be there. liz: yeah. $48,000 rat poison at the moment, if that's what charlie munger things. thank you so much. >>> look at the nasdaq, still up about 395 points right now. we need to also tackle this issue, johnson and johnson, i mean, you'd think that johnson and johnson's stock might be popping a

while warren buffett may be right in the sense that bonds are not going to deliver the security they once were, you can still make a case for them in your portfolio. we are not going to get to 7%, 8% returns, but they can still provide a good diversifier, particularly if you look at some of the sectors that have been hit hard, and also certain regions that offer deep value. guy: good morning. the data are pretty strong, though. and you heard those comments from mike talking about what people are saying in key sectors. they are really struggling. labor inflation is there. cost inflation is there. using the fed is really going to push back on this -- do you think the fed is going to really push back on this rate move at this point? nick: i think what you will hear from the fed speakers this week is they are going to be talking down the market. powell's testimony is going to be critical because he's had a series of missteps in the past. the data points are suggesting we are much closer to the end of this then we are to the beginning, but i would also caution investors who say we are goi

with a true warren buffett tax. but when i do that 100 percent of corporations tax all corporate income at the individual rates. working out the complications it is quite easy to do. i know it is a departure but i would love to work with my colleagues across the aisle and my republican colleagues to rationalize the tax system. one of the things i proposed is the true warren buffett tax. 95% of companies are pass-through entities, and why not do it at 100%? tax all income at the individual level at individual rates? income is income. we have worked out the complications and it is actually quite easy to do. i know it is a departure but i would love to work with my colleagues across the aisle and my republican colleagues as well to rationalize and simplify our tax system. capital gains, the reason we have a lower capital gains rate makes some sense because you don't want to tax inflationary gains. a better way of doing this is call income income, tax at the same rate, remove the inflationary gains. i don't like social

guest: you want to look at which jobs warren buffett created?nk when you mention a millionaire's name, you should mention how many jobs he created. warren buffett invest in american companies. why compare yourself to someone else? if you're doing alright all right, why not compare yourself to yourself? there are plenty of prospects for bettering one's self and one's bank account in the united states. people at calvin coolidge ensured that is really true, and we have to do that, too. host: amity shlaes is the co-editor of the biography of calvin coolidge in the chair of the calvin coolidge presidential foundation. thank you for your time. coming up, we are going to talk with the institute for women's policy research president and ceo c. nicole mason as she discusses the newly established gender policy council and the impact it could have on women's equality. we will have that discussion when "washington journal" continues. >> tonight, the catholic theologian and distinguished senior fellow talks about some of the people he profiles in "not forgot

crisis is to pump money into the economy so that all the assets held on the balance sheet of warren buffett and other banks go up in value and people that lost a lot of wealth in 2008 the rally people of color are now getting raked over the coals again through this inflationary pass at their assets. this is crude oil. soon they need to actually physically pump it out of the ground you would have well well well well well well. there's a lot of money with the oil and with that comes. a lot of a lot of people from all over the country. if you don't make a $100000.00 a year. as a minimum there is an issue. here in the. they were told 16 hours a day it's hard work for the workers not used to work and so they want to relieve their stress of how do they relieve their stress these men move back out like these men that comfort these many. people have been murdered up here people been raped there are massive drug issues up here you have a boom you have everything else that comes along with money. is out top stories medical experts are divided off to a job. dr is criminally charged for inventing its o

to good schools like the sol national university i'd rather become a big investor like talkin warren buffett he's my role model. so he paged through books most of the children his age would point boring and his hard work has paid off. when the benchmark comp sci index began to recover from its biggest steve in a decade last april 1 june invested in samsung electronics with his quite substantial piggy bank savings. i started to earn money by selling toy cars when i was 7 and i saved about 18000 euros a seat money. his parents 1st approached then they changed their minds and was stunned by his passion and 40 percent return yet they will live in a different world now it could be better to become a one of a kind type of person by developing their own talent and having time to improve it rather than just study hard and getting into good companies. look i think that with . a number of south korean families share similar thoughts under 18 investors are behind more than 2 thirds of the total value traded in the nation's shares. as a value investor my dream is making long term profits so that i can h

crisis is to pump money into the economy so that all the assets held on the balance sheet of warren buffett and other banks go up in value and have people that lost a lot of wealth in 2000 in a guy rally people of color are now getting raked over the coals again through this inflationary pass at their assets. a british m.p. calls for a ban on all men going out after dark following the horrific murder of their ever art we got reaction to the demand. won't solve the problem to make me feel say if he might be. forced to bring in a big new order anyway i think you're going to get just such a negative reaction. medical experts are divided after a german doctor is investigated for developing and illegally administering his own proving to volunteers there are certain procedures that we normally follow when developing drugs and vaccines those procedures were not followed he was just ingenious.

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. >>> apple shares jumping more than 5% after getting support from warren buffett and announcing all u.s. stores opened. >>> square has opened its in-house bank for business. the payments company says the bank calls square financial services will underwrite and originate loans taken out by square sellers throughout its capital program. the company says the main purpose will be to offer business loans and deposits. square got conditional approval from the fdic to operate a bank late last year. >>> twitter will label tweets that share misleading information about covid vaccines. the labels will include links to relevant information from official bodies such as at cdc. twitter plans to enforce a five-strike system for repeat offenders that could lead to blocked accounts for a permanent ban. twitter is applying the labels to a combination of human and automated review systems. those are the latest headlines. marcus and laura, back to you. >> seema, thank you. >>> the head of nike's north american business stepping down, ann herbert's departure comes days after a report that her son used

crisis is to pump money into the economy so that all the assets held on the balance sheet of warren buffett and others banks go up in value and that the people that lost a lot of wealth in 2008 the rally people of color are now getting raked over the coals again through this inflationary past their assets. everything in here is given to me basically these 4 tables that were given to me a really ugly so i'm in the process of painting the only make in a little personal so that's another way of cutting costs this is the corning share . this is my chair from comfort i love it so it's just something that actually when i bought it it was a big. and it was $1300.00 so i made payments on the only thing in the house it's really expensive for me. so this is my kitchen and her financial difficulties have gotten worse since she started to accommodate her niece jennifer an unemployed single mother who has 3 children to take care of. lindsey and jayden fortunately jennifer receives food stamps. there i must own the forests they. accordingly how many kids you have and your income they put in some much onl

crisis is to pump money into the economy so that all the assets held on the balance sheet of warren buffett and other banks go up in value and 50 people that lost a lot of wealth in 2000 in a guy rally people of color are now getting raked over the coals again through this inflationary pass at their assets. the or tactics that can be used to get innocent people to confess to crimes they didn't commit i don't even think people in the us really get that the police are allowed to lie to you the person who falsely confessed actually came to believe the lie that they were told about their own behavior once a false confession is taken the case is closed and nobody really can tell the difference between a good confession and one that isn't. in. los angeles is the symbol of the california dream the heart of hollywood cinema and the temple of luxury and yet today los angeles is the homeless capital of america in the last few years the number of homeless people has increased from 33255000 beneath the business towers the situation has become tragic. when i was a kid in lived here it was nothing like i

. >>> in his annual letter to shareholders, warren buffett delivered much of what we come to expect.admitted mistakes, commented on the markets and talked up america. he dished out criticism of some long-held practices in corporate america. first up, let's start with the numbers. berkshire earned $42.5 billion in 2020. that was down 48%. $21.9 billion of that was from operating earnings that's the metric that buffett says is the most important those were down 9% profits for berkshire for the fourth quarter were up 23%, thanks in large part to the gains we saw in the stock market berkshire has a lot of big holdings those holdings were up every year in his letter, buffett gives an assessment of the company, highlighting what he thinks are the most important performers this year for the first time, the investment in apple made that list. berkshire owns 5.4% of apple, which is worth almost $110 billion. buffett called it one of berkshire's family jewels along with their property casualty group, bnsf railroad and berkshire energy they accumulated the purchases starting late in 2016 and we

i went to divert for second and go to warren buffett because he is encouraging investors to quote neverinst america. susan, is he saying this because they are more signs that the virus is winding down? susan: made mention of the virus once in reference to his furniture company. we know he's been a big believer in the us economy as a whole and says there's no better place than corals and incubation with unleashed talent, never bet against america reiterating pretty much what he said against-- last year. six largest company in the us and profits jumping by a quarter in the final three months of 2020. biggest holdings, apple now with $120 billion worth and it's incredible only spent $35 billion to build that apple starting in 2016. 's second-largest investment bank of america 31 building, american express and the new a billion dollar plus stake in verizon buffett had it cash file of $130 billion on the balance sheet at the end of last year and said he could not find any company to buy so instead he used the money to buy back shares, $24 billion instead and said he's not a fan of us treasur

crisis is to pump money into the economy so that all the assets held on the balance sheet of warren buffett and other banks go up in value and people that lost a lot of wealth in 2008 the rally people of color are now getting raked over the coals again through this inflationary pass at their assets. the trouble with donald trump is that he exploited entirely the counter and like my legacy he was much more successful than hillary clinton at appealing to people on the level of culture and heart and national identity and all that sort of thing. as with demagogues throughout human history here exploited emotion especially dark emotions like fear and hatred and resentment to serve only his own interests not the interests of the nation at large. hello again arouse erupted within one of america's leading global think tanks offered published an article saying that the u.s. should forget about promoting human rights and democracy in its dealings with russia taking a look through his candid more open. there seems to be a war over russia brewing at the atlantic council the atlantic council is a an imp

crisis is to pump money into the economy so that all the assets held on the balance sheet of warren buffett and others banks go up in value and people that lost a lot of wealth in 2008 the rally people of color are now getting raked over the coals again through this inflationary pass at their assets. which. can. welcome back now it's being called the country's longest que his sperm to the u.k. food bank and volunteers at the london community kitchen warn the $800.00 person 2 kilometer line will only get longer r.t. correspondent lisa ali went to the site to find out more. the execution has to be equivalent to a military style operation 0 margin for error you can imagine with the numbers that were facing this community center in northwest london functions as a place of support for homeless people even supporting victims of domestic violence but it's its use as a food bank providing seriously much needed food support for families across london which is caught in the headlines and those volunteers and the people running this food bank say that since the covert pandemic began they've been almos

before so they're living like hedge fund managers and living like an griffith they're living like warren buffett who did to just sit around and get the transfer payments from the government all day long for doing nothing so now the average person is having the exact same spirit experience as a paul singer or as a stand druckenmiller so how they going to go back here are you now going to go to these population and say ok fun times over we need to put that money back into the hedge funds accounts and you got to go and get him a job that is completely worthless and get minimum wage so fun you know i don't see how they're going to go back i don't see how you go back as well that's that's going to be the problem hence you're living so well but it really really really relies on one thing and that is the rest of the world by taking your dollars that you're earning sitting at home and sending you actual labor that they have to go to a factory that if them put together the self build it for you and send it to you if they're if they start to look at these charts and go away how are these people making so

crisis is to pump money into the economy so that all the assets held on the balance sheet of warren buffett and other banks go up in value and people that lost a lot of wealth in 2008 really people of color are now getting raked over the coals again through this inflationary past their assets. like say everything in here is given to me basically these 4 tables that were given to me are really ugly so i'm in the process of. the only my can.

crisis is to pump money into the economy so that all the assets held on the balance sheet of warren buffett and other banks go up in value and people that lost a lot of wealth in 2008 the rally people of color are now getting raked over the coals again through this inflationary pass at their assets and. this is boom bust so when business here you can't afford to miss my marriage of love and then washington coming out the new with coded 19 backfeeding could be authorized by the f.d.a. as early as next month we'll tell you how it compares to the other options on the market a lot fewer as lawmakers are seeking to clarify federal regulations on 1st go current thinking so what does that mean for your digital portfolio we'll discuss that you've heard.

crisis is to pump money into the economy so that all the assets held on the balance sheet of warren buffett and other banks go up in value and people that lost a lot of wealth in 2008 the rally people of color are now getting raked over the coals again through this inflationary pass at their assets. and. the trouble with donald trump is that he exploited entirely the counter and lightman legacy he was much more successful than hillary clinton at appealing to people on the level of culture and heart and national identity and all that sort of thing. as with demagogues throughout human history he exploited emotion specially dark emotions like fear and hatred and resentment to serve only his own interests not the interests of the nation at large. welcome back this is our team international nice study has revealed that up to 470000 people in the u.k. have missed out on vital heart medication since the start of the pandemic researchers found that doctors who have been overloaded with kovan pages covert patients excuse me have prescribed 25 percent less medicine for heart conditions and they have

crisis is to pump money into the economy so that all the assets held on the balance sheet of warren buffett and other banks go up in value and that the people that lost a lot of wealth in 2008 the rally people of color are now.

crisis is to pump money into the economy so that all the assets held on the balance sheet of warren buffett and other banks go up in value and people that lost a lot of wealth in 2008 really people of color are now getting raked over the coals again through this inflationary pass at their assets and. some control for a middle class. muslim or very hard working people who want to get ahead that have either have some some health issues or have some strict about luck a full time job won't always pay for a place to live and missing just a month's rent can get you a victim to gunpoint if anything bad happens to any thing that just throws your budget off slightly. better catch up real quick or you're going to have a judgment of possession against you and get addicted to anyone that's homeless is history like garbage people look at you like a monster or someone bad or you chose to be there most of the time it's not the case see how it is to be pull in the world's richest country. welcome to redact to deny this is a comedy show where americans in america covering american news are called foreign ag

crisis is to pump money into the economy so that all the assets held on the balance sheet of warren buffett and other banks go up in value and people that lost a lot of wealth in 2008 the rally people of color are now getting raked over the coals again through this inflationary. their assets. i'm after a chance and welcome to another local additional going underground potentially less than 48 hours ahead of boris johnson's u.k. government releasing its full spectrum review of foreign policy his campaign is against weapons sales to saudi arabia hope for a change in defacto british involvement in yemen the world's worst humanitarian crisis in a moment we'll hear from the saudi capital but 1st to an oscar winning director bryan fogle whose new bafta nominated film the dissident provides new evidence about the murder of washington post journalist jamal khashoggi joins me now from california brian thanks so much for a coming on just tell me why you decided to tackle the subject of the killing of the washington post journal.

crisis is to pump money into the economy so that all the assets held on the balance sheet of warren buffett and other banks go up in value and people that lost a lot of wealth in 2008 the people of color are now getting raked over the coals again through this inflationary. their assets. we can use and the studies revealed that up to 470000 people in the u.k. have missed out on vital hot medications since the start of the pandemic research has found the doctors who've been overloaded with patients have prescribed 25 percent less medicine for heart conditions and that they've carried out 100000 fewer operations the money needed it's led to tens of thousands of cases of heart failure being missed a medical expert says that people have misinterpreted the government's appeal to study home. what has happened is. due to the pandemic the message to people the message that people interpreted and under stude is the national health service is very busy it is full of patients with disease and therefore don't knock on our bill that is not what the message was but that is what people understood as this i

luckily i mean our largest landlords in america is black rock is number one then we have warren buffett these are more time with my billionaires so they have plenty of money but they're not getting paid so we're that comes into play and what when that cracks who knows like. that that could be a next catastrophe but they seem fine right now maybe blackrock is being actually you know let's not say them but maybe some of these landlords are being paid through that same taxpayer facility of these p.p.p. loans and stuff like that there's programs from the taxpayer to pay for this the same money printing that makes the rent be paid by somebody different and then you know this the the data on gold because you know how do you how do you protect yourself during these times writes how do you acquire the assets that the fed or the government or it's going to allow to go up in price and can't stop from going up in price right so we've talked over and over recently about the bond vigilantes no longer can exist we talked about the gold bugs that used to also cause the government to be honest like the

crisis is to pump money into the economy so that all the assets held on the balance sheet of warren buffett and other banks go up in value and people that lost a lot of wealth in 2008 really people of color are now getting break over the coals again through this inflationary past their assets. welcome back this is our t. international now a dispute has erupted within one of america's leading global think tanks and after it published an article saying that the u.s. should forget about promoting human rights and democracy in its dealings with russia with more here's are to scale up and. there seems to be a war over russia brewing at the atlantic council the atlantic council is a an important washington d.c. think tank dedicated to promoting human rights and democracy we now have 2 of its experts who have come forward and said that quote democratizing russia may not actually be in the foreign policy interests of the united states this is some of what they said policymakers should award a human rights 1st broached to russia democratization in russia would not necessarily be good for u.s. foreig

crisis is to pump money into the economy so that all the assets held on the balance sheet of warren buffett and other banks go up in value and people that lost a lot of wealth in 2008 the rally people of color are now getting raked over the coals again through this inflationary past their assets in. the world is driven by a dream shaped by. the day. thinks. we dare to ask. it is good to have you with us today half a 1000000 british patients have missed out on vital heart medication in the year of the pandemic this according to a disturbing new study a covert focused doctors prescribe to 25 percent less essential heart medicines and carried out $100000.00 fewer cardiac operations done when needed it's led to tens of thousands of cases of heart failure being missed with a subsequent spike in severe diseases and deaths expected one medical experts warn that people have misinterpreted the government's appeal to stay home. what has happened is. due to the pandemic the message to people the message that people interpreted and under stude is. the national health service is very busy it is full of

with a true warren buffett tax. but when i do that 100 percent of corporations tax all corporate income at the individual rates. working out the complications it is quite easy to do. i know it is a departure but i would love to work with my colleagues across the aisle and my republican colleagues to rationalize the tax system. capital gains there are lower capital gains rates to make some sense you don't want to tax weird inflationary gains. from a standpoint taxed at the same rate but we move the inflationary gain by a indexing the asset. to simplify and rationalize the tax system. billy go to professor reich first you disagree with this chart where i show income income taxes and benefits, 26 times differential if you add in income taxes and add benefits which by the way, according to phil gramm, $45000 average benefits from different welfare programs the lowest 20 percent in 2020 alone. income went up five.5 percent. total savings one.$6 trillion. the economy will take off with the pent-up demand. >> and out of th

profits more than doubled last year for a warren buffett back company.ct profits to rise as much as 166% in the fourth quarter aided by government incentives and china's rebound from the worst of the pandemic. haidi: the ftse russell will begin adding a government bond index in october. at the same time, the index is adding india to the watch list for potential reclassification, downgrading malaysia as well. let's catch up with china. a disappointing year for assets like the yuan. we have seen foreign interest swapping into chinese bonds as a haven. >> chinese bond inflows have called for the renminbi. the inclusion is kind of disappointing and against market expectations for about twice the pace. this reduces my calculated pace of inflows to about .3% of gdp or something closer -- from something closer to .7. so it's slightly disappointing. haidi: what about malaysia? >> a number of investors expected malaysia to be kept on the watchlist for reduced market accessibility. the fact is probably slightly positive. it's mitigated by the fact that malaysia ha