6 Burst results for "Otmar"
"otmar" Discussed on Bloomberg Radio New York
"AM here in London I'm Roger hearing and I'm Caroline have can you listen to me but I guess it's a break you up in the market is all about said the trade war between the US and China really the tensions escalating wall street's launch yesterday we school the S. and P. five hundred index stop by one point six percent US features the interestingly are actually slightly higher at the moment by two tenths of one percent on the S. and P. five hundred the talks the ultimo ideal show you on we can the mice in five weeks on Tuesday the the official is currently it's a seven sports of one for at to the dollar so that's a gain of two tenths of one percent Chinese those listed in the U. S. also fell on the ball was dropped four percent for example else whether the MCI Hong Kong index is down about one and a half percent right now Hong Kong Linda's tumbling locus standi downgraded at that outlook since the protests began in June and I see index shed more than eight percent US treasury yields trading their one month low at one point five three percent this off the jury Powell spoke yesterday receiving treasury securities purchases but basically this is to do with the repo market the total in money markets not Q. P. R. the dollar also holding a a run of a couple of days of gains of the project on the spot in Texas just slightly we can't right now okay but day breaks out on customer seminal spring you'll in use you need to start your day let's get a check of the top headlines with daybreak is a Brian Fallon joining us live from taking Brian good morning now today's news that's of course you'll be talking about the ratcheting up of trade tensions but breaks it also a pretty big story I it's been confusion all week where are we on this now yeah well the process seems to be moving inexorable you toward a breakdown of the talks and and into something like a blame game Irish prime minister Leo Varadkar spoke with Boris Johnson over the phone for forty minutes yesterday and after all that he emerged and said that they're still why differ this is over the border issue and it will be very hard to reach any kind of deal by next week at this point it looks like the two sides are not going to be negotiating in Brussels today that's what we've heard but there is still hope tomorrow or Friday Johnson and I Kerr will have talks once again so maybe that's the last the last hope to get a deal done by next week yes we still see ads hello speaking all of Europe the European economy they resisted malaise isn't that among said the ECB community that's been real backlash about ECB policy and now the former chief economist piece of prop has come out pacey trying to calm people down what what he's saying so first of all there is a memorandum that made the rounds of which a number of the C. B. officials signed to this this includes prior chief economist Otmar is seeing and you're against stark as well as a central bankers from France and Austria and the Netherlands in this memorandum criticized Mario Draghi over the way he was leading policy policy discussions and it raised the alarm over the longer term impact of negative interest rates and alleged that the institution is financing governments with its bond buying program the resumption of Q. we it came out in an interview with Bloomberg and said that everyone should keep quiet beef be common and there's well there is a great need for discussion these discussions should be done behind closed doors and they should not be airing their laundry in public he also did point out that he has to acknowledge that that that policy course has stirred anxiety he pointed out that the steps that were taken were meant to be relatively temporary temporary in the beginning and now they're likely to stay in place for a very long period of time and possibly have increasing adverse side effects Brian thanks so much for that brand founded they break into joining us live on the land from taken to get the news you need to start your day you just type D. A. Y. B. on the summit yeah that's a very interesting ACB story meanwhile let us take you to one of our top interview so we now christening until G. eva has given her first major address as the head of the International Monetary Fund talking about the World Wide effects all of the US China trade will I she's been speaking exclusively to pre book about the possibility of a further slowdown hapless of course there is a big issue of trust there is also in my view the risk of complacency we are decelerating we are not stopping.
"otmar" Discussed on KFI AM 640
"KFI AM six forty more stimulating talk hi and welcome back to coast to coast founder and director of the palmistry institute in Los Angeles of Vernon ma hobble we combines astrology and palmistry making predictions about trends for the United States based on repeated patterns that he sees and thousands of palms he reads any continues no research particularly within the field of dermal Todd glyph fix the fingerprint biometrics and he's also been a consultant by the New York police department his institute service to restore the art of palmistry to its previous dignity and respect Vernon welcome back good to have you always thank you George I really appreciate hi sings done really good actually thank you very much my my new book talk to the hand came out a little less than a year ago so I'm happy about that super let's talk about palmistry for a moment there will get into some of your predictions first of all when you talk about its previous dignity and respect what happened things go awry absolutely is yours the ancient cultures like the Greeks said the Hindus the Mayans the Romans they revered all mystery they used it as a tool for self realization and they use that as a tool for understanding what a person should do as their dharma if you will their their true talents their true abilities in life so it it that they they they respected it they reviewed it and they saw it as a is an important tool to allied themselves into society so that they would be happy and one of the things that I see on a daily basis is that our society is we have intelligent people we have people that are in dishes we have people that want to go places and move forward the problem is is that are western society this particular society kind of way lays us away from our true talents and our abilities and because of that people are doing sometimes the wrong job the the wrong careers we're in the wrong we're living in the wrong places sometimes were the wrong partners so mystery is a divination tool that can have is is gives in truth incredible insightful this so that we can align ourselves with our true life's purpose and our true life talent I'm looking at my palm now Vernon in lines are going everywhere why do we have these on our hands in the first place in our fingerprints requested George according to the Vedic view we are not this body we are spiritual souls the body is simply a physical vehicle and the soul the eternal soul what's in Sanskrit called the chief Otmar is Sakshi Ananda it means it's full of knowledge and bliss any turn allergy and this soul resides within the innermost core of the heart according to the date is it's one ten thousands the size of the tip of a hair I need it's infinitesimal but yet this soul is so powerful in the spiritual world is actually even brighter than the sun because it's it's a fully spiritual entity where is the sun is amazing but it's still a material entity that will die out one day where is our soul is an eternal battery if you will and this soul is residing as they said within the innermost core of the heart and it sends its message into the agency of the hand so that the hand is actually like a computer print out of the souls message and so when you're looking at the lines you're looking at the fingerprint patterns called the dramatic less six you're looking at the sun you're looking at the shape of the hand with the with the figures look like you're actually reading the soul this and this is how this all expresses itself in the material world through through the material body and into our hand so a qualified plan this can look at these lines that are going everywhere and ascertain a person's true nature their temperament their emotional nature the psychological nature and put them in alignment with their life purpose now why does it seem to stop at the Palmer the bottom of the of the back of the the front of the hand here or the bottom of the hand you mean the lines the lines yeah they just don't go that you would think that go down your arm or something they just yeah well they had the head proper the Paul proper itself is kind of like the the television screen and everything's contained with it within the palm proper and the the the figures itself and even George if you look at your fingers themselves you'll see thousands of lives on the figures you'll see fingerprint patterns you'll see rage patterns you'll see all kinds of lines going up and down different compared to other people right every single area of your hand is completely different from every single handed in the in the in the world who we are individuals the date is say that the soul is simultaneously one and different which means that it's called in Sanskrit it's verse called Mikio nifty and che to not straighten on them and that's a Sanskrit verse and it means that the soul is one but but different and what that means is that our soul is made of the same substance spiritual substance as everybody else the difference is that we are individuals so your hand it reflects your individuality and what I see as my job is to bring out our personal identity are true individuality and it's our it's our individuality that that makes us who we are and my job if you will is to find out what each person that comes to me what is there what is their individuality what that what what we're supposed to do and when we're doing what we're supposed to do individually we become powerful we become confident we because we are able to take control of our lives but too many times people don't know what their individuality is we go through a lot of cookie cutter type of education and we are in a sense sometimes not allowed to bring out our individuality and sometimes we fear bring out our individuality but what I see on people's hands is that if we bring out our individuality and were fearless about that we will become successful and will become for self I got a great idea for a movie a normal guy family man everything's got a nice job his fingerprints are identical to a serial killers in the chase him they come after him and he has no idea what's going on that be great movie I think it would be incredible I think would be a credible I've published would like it we'll be able to talk about our site is it conceivable out there with the billions of people that two people have the same fingerprint is it possible no if you know what George the these fingerprints and modern academia and health practitioners have said we have finally proved to what Thomas have been saying for thousands and thousands of years that these fingerprints are formed in our mother's womb at seven months actually fully formed in the only the first aspect of the head that our is fully formed perfectly at seven months so what they mean is that the fingerprints on the tips of our figures are a record of of our souls journey what we accomplished what we did what are like challenges our our entire psychology is within our fingerprints and the interesting thing is that if a person let's say is nefarious there there there there are nefarious character they're they're they're coming in on this planet to do let's say not good stuff to actually see that on the fingerprints when I gave classes to the NYPD I would talk to them very much about how to spot let's say harden criminality within the fingerprints and the interesting thing is that our finger prints they they use our fingerprints law enforcement users are fingerprints for identification purposes only which they should but they're all unaware of the amazing and and unbelievable understanding of our psychology and our souls purpose and our emotions within these fingerprints and of course that's the job of the promise to bring that out but now Abby we have ten fingerprints on our figures and there's not one fingerprint that's ever been replicated there there like a snow flake also yeah that's that's bizarre how did you get interested in reading palms well when I lived in New York I grew up in New Jersey and New York and all my friends used to hang out in the Lower East Side I regularly used to hang out in this area where I saw a person named Patrick it will just reading people's problems on the table and say mark street and one day I got another courage to ask him you know what are you doing and he asked me to sit at this table and watch him and I watched them for five years he became my teacher and palmistry proved itself to me I mean I did come to a little bit of a skeptic I mean I was born in New York so but he he was a Patrick was able to tell people more about themselves people would walk away from the table completely astounded at people would even say Patrick you've taught taught told me more than that you know my guidance counselor my psychologist my career consultant and here's a guy this you know charging just a few Bucks you know on the Lower East Side and telling people their entire you know life purpose in their challenges and what they're here to do and so I I II I stayed with them for five six seven five five years then learn the the western astrological science of palmistry and then I went to India and I learned the Vedic style which is different business oh my god it's it's it's it's it's a total it's it's it's a whole different way of thinking it I have to say it's my way of of of of looking at at the hand but yeah it it is like apples and oranges very much so but I mean they do compliment each other the Vedic aspects use certain planets at the western promised don't use in the western Thomas use aspects of the basic problems don't use and so so to merge to both the systems is that the western model looks at the best career a person should get into and their character and the the Vedic model is very good for pinpointing events long term and short term yes both both long term and short term so Charles are complementary but like I said I came to it as a skeptic but it proved itself to me and I've been doing it for thirty years and I would never do anything else and the reason is because it it empowers people I wanna I wanna help people to find what they're born to do what what they're acclimated to do and when when we know what we're we're here to do we'll be happy and are even are the challenges that come with in our career will will happily move past them and slay the dragon if you will moms tell you who you are or who you will be wow oh my god what a question it date they do say they do talk about where we've come from they do talk I sometimes only need to look at the last two or three life times to see what a person's inclinations are in temperament and sometimes you can't even predict if you will where a person will go according to what they have achieved but having said that we always have free will another words god gives us free well otherwise you know we might as well just be robots or something but we we always have that free will to choose but at the same time if you look at the last three or four lifetimes sometimes you can kind of you can kind of figure out were were a person is going to go and if they're going to go in the wrong direction or or direction that's going to stop them you've got to alert and one of the things I see this is very very powerful is that we become who we associate with used to tell me that we're like crystals a crystal reflects everything around it the crystal itself has no real color but it reflects everything around it so we become who we associate with if we if we be hazardous to say that the if you associate with criminals are going to become a good criminal the associate with this is people are going to become a good business very positive person if you're going to associate with saintly per people you're going to become saintly so I always see this and and hands George.
"otmar" Discussed on Bloomberg Radio New York
"Let's go live to Frankfurt web Lindbergh's German banks report to Steve Erin's is standing by for good to have you with us. So this is a story that's been. That we, we've brought to the to the monkeys attention and yesterday's session. But it must be being discussed way you are still today. He must make make fun, comfortable reading I suppose, if you work at the top of some of these German banks. Oh, well this particular gemin- Bank. Yes. That's right. Absolutely. It's, it's certainly uncomfortable. Reading for top management south uncomfortable, reading for everyone else at the Bank, really, because there's so much uncertainty. I think the freighting cuts that we've reported previously clearly more concerning for most of the people because it will affect them personally, but the sweeping overhaul now planned potentially plan for the management board as something that's also a big question for for everyone. I think what does it mean for the Bank, and replacing up to three people on that board would be pretty massive move, really again. It would be a massive move. And how does it tie into the broader strategic overhaul? All that he's taking place joys your Bank. I think the CEO Christian serving he clearly feels he doesn't really have much ammunition left. It's just last shot at fixing this Bank to share price. Recently had yet another all time, low at one year after he took over SEO and unveil stores. Turnaround plan, clearly didn't really convince investment hasn't worked quite as planned. So now just about just a little over year later. He needs to unveil a new one. He recently stepped back for murder talks with another Bank Commerzbank, and so really don't have many options, and so this overhaul, now that he's working on that he plans to present probably at the end of July that needs to be compelling needs to be convincing Anna needs to be bake because banks problems are so entrenched. Only every really big plan. I think can can get it out of that hole, and any sense as to what you're talking about replacing CFO. That's no small task any sense. Of where replacements for any of these holes again. Come from do we have any save on that yet Steve? Yes. So we, we've been told reported that the likely if he choose to replace complained head chief regulatory officer name city Matra, if he choose to replace the likely candidate do take that role would be a lady Karen dome and Richie Goth, Ritchie, de best and banking. Head may even be replaced by setting himself on an interim basis. The CFO role, we don't have any names yet. But given the precedents, it's likely would be another internal internal candidate not from the outside. And so that's certainly question. We're still looking at okay. See, thank you very much. Thanks for joining us from Frankfurt named as German banks reporter, Steve, errands, and somebody who's normally based in Germany, as we know is my co host, Matt Maala. He's actually on location in central in pull Chagall. He comes to us, having well hope footed it from doing a key interview on Bloomberg TV MAC and morning. Once again, what's the latest from center? I'm back. I had to run up the hill here to speak with Otmar Issing, the former chief economist, the European Central Bank, one of the founders of the so it was quite cool to get a chance to talk with him at this the twentieth anniversary of the euro and also to get his take on what exactly Mario Draghi is doing to the currency because he told me he doesn't believe that. President Trump quite understands the inter inter interface between currencies and trade. But it is obviously incredibly important to monitor the value of a currency in your own economy. Yeah. We have Mary Ajayi pushing back against suggestions that they talk. It's the euro I had one Japanese finance ministry senior person talking about how it's just a by product of key. It's not the aim. We will no doubt that compensation still ahead. We get to take on UK inflation. Those numbers out ahead of tomorrow's Bank of England rates decision. This is we see the Tory leadership race continue. They'll be Moonies play on Latin no downs today..
"otmar" Discussed on Last Podcast on the Left
"And at first they were like, well he was mad and upset because he felt that all of his research would go to waste. But then I don't think that that is true at all believe that he got depressed because he knew he was about to get fucking hung, or or what should happen is that he should have been gotten by the Russians and she'd been forced to deal with the Russian work prisons and feel that that what is that? And he knew that it was coming. His work is trash though, there's workers tracks literally garbage. And he continued for as long as possible. I mean, even his last experiment any continued killing people goes last experiment was about a month and a half before the camp was liberated just killed eleven female doors. We don't even know what the experiment was about. No idea. No idea what the aim was just know that eleven debt eleven were killed and in his last days. Our she wits. I mean, he created a fake pile of research notes because he knew full well that what he'd been doing all along was wholly and completely criminal in every way imaginable. And he wanted something to point towards wins that when they got there it was like, no, look, that's that's my research. I didn't do all that other stuff because all that other stuff other notes those were all sent to professor Otmar Freiherr von sure Wilhelm institute look at all that paper. Yeah. But you gotta raced to those a part of the way that they try to distance themselves from the crimes that they allowed to perpetrate an actually ordered him to do. So he got the they try to erase every every bit of evidence of crimes and also what happened at Auschwitz. And it's it's a shame that we now, but we knew because at least witnesses came out and von for sure, but he kept mangoes notes until the sixties and then burn them in a bonfire. This is I have this internal question. And I'd like it. Because obviously, I'm only barely. I the more. I read about it the less I understand, and we're doing our best to to go through his crimes piece by piece and talking about them. But my my question for a story that there's entity out there that knows far more than me of obviously like if the Nazis felt that they were right? Why did they want to erase the evidence? Like if they really felt that they were correct. And they were waiting to be the ones that were in troll control of the entire world. Then why they then me? They must have somewhere inside knew that they were being criminals, but they were pushing this agenda for so long. Well, it was that they knew that they were they knew that other people thought of them as criminals, they didn't see themselves as criminals, and they didn't see what they were proud of their shitty results. When when they so proud of everything they because they knew that how they got there. They would be punished for that. They knew that other people didn't want that they knew that they were forcing their will upon others. I mean, there's a reason why the movie was called triumph of the will. Because they were imposing this upon others. It's for their own good. They don't know that this is what's best. They don't know. This is what they actually want. I mean, it's like it's dictatorship. It's fascism. It's all kinds of bullshit. This is what's best for them. But. But if they fight back, and if they don't if they catch me doing this type shit, and if they get Nepal, our they they're going to get all weird about it. It's complete dourness as well. Yeah. Total cowardice. And as soon as you know, lick with any bully. Yeah. I know. Yeah. That's why how many comedians were killed because Hitler had a directive basically saying that they couldn't stand be made fun of there were so vain..
"otmar" Discussed on The Economist Radio
"I think this is something which doesn't it's not consistent. I think nationally of arrangement of the a union the main responsibilities on the national level and this composition of single month, replace e- supranational institution, the and the responsibility of national governments. This is still what's make the monster union of well as you see not negative on the festival. I have to say that scene. Particularly Hanky speaking form the expectations coming from friends in the US, for instance, of fines in the rest of the world a little bit by way of consequence in comparison with these expecations the success is there, but we have a lot to be done. Still, of course. And I expect that we will continue to improve the governance of the Johore via would also mentioned the fact that in my opinion when time comes we should improve the legitimacy the democratic legitimacy of very important decisions that are taken by the Johore via in having a parliament of the your name needy sub component of the European parliament which corresponds to MP's of the your area. Isa long-term historic process. And so I see a lot of additional reasons in the present period for the European to continue to improve their own union. I know that it appears a little bit bizarre in the eyes of of a number of British citizens. But I really trust that it goes sponsors to the pitied in which we are that we are experiencing where you know, unity is a must volley Europeans. Everyone agrees that changes needed. If the euro is to withstand its next crisis. But there's disagreement over what precisely needs to be done. Many like Otmar Issing think men the countries should keep their own finances and check other's like JEAN CLAUDE Trichet think that the your area needs to improve its architecture. The euro may be twenty but in many ways, it is still a work in progress. You're listening to money Tokes the economist. And if you enjoy journalism, why not consider taking a subscription, just go to a communist dot com slash radio offer for twelve issues for twelve dollars or twelve pounds..
"otmar" Discussed on The Economist Radio
"Yeah. Hello and welcome to money talks. I'm Philip Coggan. The boss will be calling missed this week. We look back on twenty years of the euro, the annual fiction media extremely skeptical that could minute transition from eleven national currencies to a new one. We asked have we reached peak smartphone? And what does this mean for the big manufacturers and one research firm as constant numbers and decided that in ten biggest market sales falling in seven of them. And I speak to Bruce stays -ly alster of the joy of work about ways to make would joyful if you town of notifications on new phone, it doesn't make you immediately, abandon your sense of responsibility. But gives you a breathing space to elect went check emails rather than to fill. They're being pressed on the all the time. But I on the first of January nineteen ninety nine eleven countries in the EU fix their exchange. Rates and adopted a shed monetary policy under the European Central Bank with the common currency, the euro to reflect on the Serie and look to the Knicks twenty years here is Rachida shamburg. The best of the euro twenty years ago was divisive it supporters. Sources the pinnacle of fifty years of political and economic cooperation in Europe. It's critics thought currency union which shackled together economies that were to dispute and that it would be doomed to fail. But the euro is still here having survived the near death experience of the debt crises of two thousand nine two thousand twelve and today, it's more popular than ever with the public. I'm Rachida Sean book, the economists Europe economics correspondent and to look at the early days. I spoke to Otmar Issing a founding member of the executive board of the European Central Bank. The who is widely regarded as the architect of the euro about what the weeks leading up to the birth of the currency were like. Extreme hot work. I've felt personally responsibility to design strategy for the policy of this new institution. Remember, it was the time, especially the annual sex in media extremely skeptical that they could minutes this transition from eleven national currencies to a new one. The Germans concerns took it up at GM which had to hire a petition and the pundits paying too. It was a total surprise if you look on the numbers of financial data. Let's say end of December ninety eight and moved on January nine hundred nine he wouldn't find any trace of something specially happening. So it was a move transition which meant much beyond my expectations. I also asked him about his own misgivings at the time. Not to create a misunderstanding. I've always in favor of a monetary union is the cover nation stone of a non process of continuing integration within Europe. But starting for me, I ten ninety nine eleven countries. I think this was not anti mind. So I found it very very risky, but I saw chums and he's supposed to reason why accepted my nation. Areas. Weaknesses the came via after debt crises engulfed the currency union, Greece Ireland, Portugal Spain and Cyprus O'neil bailing out. I ask Shawn Claude Trichet who served as president of the European Central Bank. During much of the crisis about the euro-zone response to it in the crisis proving that history in the making is at stake there because we paint force the stability and go back in the crisis. We created the European stability mechanism, which by the way is an enormously powerful institution with a Coble capital of more than seven hundred billion euros. We have created the macroeconomic imbalance procedure a my p which was a new way of looking at economic imbalances. We have created the banking union all things that I'm just mentioning did not exist before the crisis. So they came as, you know, going in real time lessons of experience and how can the next? Twenty years be better than the first twenty picks a case of Italy because for current politics. It's in the headlines Italy has saved tens of billions of euros on the action of interest rates to the lowest level like in France and Germany if Italy would have used the savings to reduce it stepped. It would be in a position even better than Germany, but they spend this money for consumption, and if Italy, for example, complaining that there should be needs for anti funds for European unemployment insurance chemo whatsoever. And at the same time is spending. Huge amounts for social benefits..