25 Burst results for "Seventy Two Billion Dollars"

Why Is American Money Used Around the World?

BrainStuff

04:35 min | 5 months ago

Why Is American Money Used Around the World?

"As of January twenty twenty Japan and China each own more than one trillion dollars in US Treasury securities followed by the United Kingdom With three hundred and seventy two billion dollars and Brazil two hundred eighty three billion according to the International Monetary Fund more than sixty one percent of the world's cash reserves are held in dollars. The euro is in for second place at twenty percent when even an economic powerhouse like China holds a trillion. Us Dollars Reserve. That's a good sign that the dollar is still considered the mightiest of the global currencies. But the dollar wasn't always the world's defacto currency so what changed before World War. Two all global currencies were backed by gold and each government. Guaranteed that it's money was good for certain amount of gold then came the Bretton Woods Agreement of nineteen forty four which created the World Bank and the International Monetary Fund and also established the US dollar as the new gold because the US held most of the world's gold supply the dollar continued to dominate during the post World War. Two boom years. A We spoke with Jonathan David Kirschner a professor of Political Science and International Studies at Boston College. Who Co edited. A book called the future of the dollar he explained the rise of the dollar order was on four pillars the robustness of the US economy the widespread belief in the American model of finance the wealth of US financial institutions and America's leading role in international affairs Kirschner said most of the world's monetary relations were orchestrated between the US and its political allies and military. Dependencies it was natural to be conducted in dollars. The Bretton Woods fixed exchange rate scheme collapsed in the nineteen seventies when Richard. Nixon took the dollar off the gold standard during a period of domestic inflation and many industrialized economies chose to float their currencies on the open market. At that time some economists began to predict the downfall of the dollar not that it would lose value but that it would lose. Its dominance as the world's de facto currency over the decades. Most of those pillars that made the dollar king of the postwar Connie have been toppled recessions stock market bubbles and the global financial crisis have revealed cracks in the American financial bottle and the US has lost some of its political dominance with many governments and corporations choosing to do business with China or Europe instead yet the numbers show that the dollar is still the currency that nations and individuals turn to as a safe harbor in economic storms. Kirschner said the ultimate reason is a simple one. The lack of plausible alternative. Not The dollar. Then what there have been periodic calls to shift more Reserve Holdings to the euro the Chinese are mb or even back to gold but the dollar still reigns supreme when countries shop for a reserve currency that stable secure and liquid that is easy to convert back to local money. The dollar is still the default in fact some countries such as Panama and El Salvador use the US dollar as their own legal tender the US government doesn't have to give approval for another country to use the dollar as its official currency. So what about a one world currency not going to happen? Kirschner says the first reason is political. There's simply no political will to have one world government or one world currency the second reason we won't see an earth dollar anytime soon or the whole world using the US dollar for their official currency for that matter has to do with an economic theory called optimal currency area. That states that a single currency only operates effectively over relatively small geographic area the size of a country for example not a continent or the world. That's because different regions might be experiencing very different economic conditions at the same time. One Country might be in recession. While another is booming. Kirschner said if you only have one money in the whole world and you only have one monetary authority which means you only have one. Monetary policy in reality different regions or countries would need monetary policies more tailored to their individual needs. That's one of the reasons why the euro hasn't supplanted the dollar as the defacto global currency the Bureau Paean Union itself is not an optimal currency area. It's too spread out. Which means that. E with authorities have to enact monetary policies that somehow serve economies in very different financial conditions like Germany and Greece.

United States Jonathan David Kirschner International Monetary Fund China World Bank Bretton Woods Professor Of Political Science Brazil United Kingdom Bureau Paean Union Reserve Holdings Official Japan Boston College Nixon Germany Europe
What do the two trade deals mean for the economy?

The Conservative Circus

08:09 min | 8 months ago

What do the two trade deals mean for the economy?

"It's been an amazing week in the center ring we have just good dental she is a Deputy Assistant to the president and deputy director of White House communications just go what has been the most common response you've been the hearing regarding the passage from the business community thanks for having me on this afternoon the as you've seen on on the business channels and then the headlines in the of the stock market the business community community is thrilled with this president and the agreement that he's getting around the world that will open up markets for their businesses for our workers for our Rangers in agriculture producers and obviously our manufacturers so there's elation across the economic sector and it should be felt across the country because of this the two landmark agreement that the president got done this week alone are going to add hundreds of thousands of new jobs and billions hundreds of billions in new economic growth for our country just so you know what I find amazing is when the president first or what but actually is running for office a twenty sixteen he said that he was going to address these issues are been there when he became president he embarked on these issues add to his tactics spoke the market but most importantly is spooked the pundits especially you know the Democrats than those pundits on CNN MSNBC and we were told that this trade war with China was going to take the economy in the opposite has happened a yet Jessica it doesn't seem like the president is getting his due I normally an agreement of this magnitude and this historic presidents would have dominated the news for weeks and it had prior to the impeachment sham that China was all over the news in as you said everyone was saying that this president is going to destroy our farming community and drive up prices in the eye the opposite has happened in fact we have he has opened up markets for our agriculture community lowered barriers to increase purchases and has created and an economy in which everyone can grow and thrive so we need to continue to remind people of what folks are saying when he took office what folks have been saying all along and we were very pleased to see that we thousands of statements of support have come in and the plotting both of these a major trade agreements and yet I don't think the average citizen actually get to see much of the details how significant these policies truly are because the media still obsessed with the Democrats impeachment jam in the center ring of the because of the circus we have Jessica did all she is a Deputy Assistant to the president and deputy director of the White House communications you know right here in the great state of Arizona we have the Navajo Nation that was interested in this trade deal because their jewelry China was still near designs as selling get as their own your was selling a rip offs how much will this deal impact the economy in that it will tap down on this type of theft as the president promised he was going to take action to end of the fast and the technology transfer that the Chinese had been doing to our businesses over the last two decades in fact he's the only president that has gotten them to the table to agreed to enforceable measures that would stop this bad behavior and the president made sure that in the first phase of the agreement there's enforceable language that will allow the two countries to settle disputes and resolve them within a process that ensures that there is accountability and transparency with and the ways in which the Chinese used to operate and also we have he made sure that the force technology transfer well not entirely and fully address the problem has been has been resolved to an extent within this first phase the green it and will be written as a top priority for the second phase as well and in the meantime the president is keeping the terrorists on the Chinese to ensure that he have leverage and that they continue to knit and crochet at the table and good faith over the next several months in Z. you'll with coming up with the phase two to phase three was coming up with the next coming up next with China and other terror of do you think that this wind here is going to give up business leaders give our farmers give everyone involved more confidence in the president or do you think they're still apprehension to the way that he's going about trying to address this issue well I think as you know there is the top derangement syndrome in which folks just cannot believe that this president is getting anything done but they were the facts are on his side and you're seen the results play out across the economy and it through our national security efforts and and so I feel I think the and then prove all ratings within that that has with the president's approval ratings have risen over the course of the past many months despite the impeachment chance to win the Democratic Party is leading on artisan politics and impeachment well this president is focused on policy and wins for the American people and our national security it's cool it it is going to show that the names I fares are just obsessed with attacking this president but I have no substance and it and and policies on their side to promote so we feel we feel very defiant in that sense and focused on the positive things are getting done delivering land for the American people and this president is surely a fighter and he's definitely getting can ten you fighting for the American worker as he has done and she just this week with these two major trade agreements Jessica ditto with the White House in you know it's it's really a shame she was a because this president has had an incredible week and if you were anyone else other media would recognize that the country would be celebrating get here's some more things that are going on a report it General Motors and Ford took fifteen hundred temporary temporary workers and make them permanent gave them permanent time slots you got to know at what if you're gonna do that they're pretty confident as are forecasting to the future because you don't want to make somebody permit and then like fire them or you can't make a temple get now they're confident they're growing especially in the truck division you've got the USMC AEG gate being side got to China deal going through we got another seventy two billion dollars on the wall if he's reelected that wall is going to be finished we've got middle income federal tax cuts that are being promised it as part of the campaign of twenty twenty that's right we're talking about a middle class tax cut tax cut to point is what I'm hearing and that's something else that is going under the radar is that president trump revisit protecting public student a right to pray in school Obama certainly didn't do that I think George W. bush may have been too busy to do that but that is something that president trump promised to do and that this week actually did do yeah there's separation of church and state thing is kind of crazy is that public school children can't pray in school actually yes they can and the president has seen to that ladies and gentlemen this week has been another winner for

Deputy Director Deputy Assistant To The Presid White House
"seventy two billion dollars" Discussed on On Purpose with Jay Shetty

On Purpose with Jay Shetty

01:34 min | 1 year ago

"seventy two billion dollars" Discussed on On Purpose with Jay Shetty

"This is what I'm getting myself involved in and that preparation is so key I know for fact that when when I got married to my wife I look back and I always give this advice to other people just like really like a Juanita value this moment I wanted to experience a fully like you're wearing. Tom Goes to fos like it was one of the best days of my life like I wish I could relive. Again because it was so beautiful and so mazing to be there and I always say that <hes> people that I know that are getting married. I'm just like really experienced favorite and if you're listening right now and using J. will my wedding's Garneau whatever it may be then then you can save the moment you spend together but let's look at the money behind a wedding right the amount of time and energy that gets invested money gets invested into a wedding seventy two billion dollars. Every single year are spent on weddings things.

Garneau Tom seventy two billion dollars
"seventy two billion dollars" Discussed on KYW Newsradio 1060

KYW Newsradio 1060

01:42 min | 2 years ago

"seventy two billion dollars" Discussed on KYW Newsradio 1060

"Crippling death, the tops more than seventy two billion dollars as Puerto Rico struggles to emerge from twelve years of recession. The government says restructuring even a portion about four billion dollars while winding down the role of the government development Bank is a significant step forward. The Bank oversaw the islands debt transactions and was a lender to the central government and municipalities in total Puerto Rico holds one hundred twenty billion in debt and pension obligations on Jan Johnson. At one twenty five time for money news on KYW. Here's Donna Wilson from Bloomberg US, don't so posting gains. The Dow Jones industrial average up the re hundred eighty finally points to twenty six thousand nineteen S and P five hundred up one point six percent. The NASDAQ climbing two point one percent, it's the outcome of the main terms that boosting the market today healthcare stocks have rising because the house and Senate won't likely repeal ObamaCare or implement Medicare for all, but we're investors. See a potential downside is in the banking industry. Though. Stocks are mixed as banks might face more scrutiny from democratic lawmakers. Well business is a little frosty at Wendy's. The chain says North American sales slipped over the summer quarter. But it wasn't a big drop just point two percent and people on pretty satisfied would rental car companies, according to JD power customer satisfaction as the highest in the surveys twenty three. History with money news from Bloomberg going KYW, I'm done Wilson. This holiday season give the gift of music, visit guitar center for great deals, including our.

Donna Wilson Bloomberg Puerto Rico government development Bank Bank Jan Johnson JD power guitar center Senate Wendy Medicare seventy two billion dollars four billion dollars twelve years
Before using birth control apps, consider your privacy

Financial Quarterback With Josh Jalinski

01:41 min | 2 years ago

Before using birth control apps, consider your privacy

"On. Let's talk about, how there's truly an app for everything out there this past week the US food and drug agency the FDA they approved. The first over the counter digital contraceptive app, is the first one ever yes, I said an app to prevent, pregnancy and no it's not, called Pokemon go it's called natural cycles here's how, it works, the basal body temperature readings and monthly, data is fed into the app at tells users whether or not they should be having unprotected sex let me tell you on. Women's health apps. Huge business users paid natural cycles a ten dollar monthly subscription fee and that includes a thermometer but that's not how the company's making real money natural cycles privacy policy states. That using the app every. Person grants the company and any of its partners don't know who they are yet Broadway Rights. And I'm, gonna quote the. Policy now to use reproduce distribute modify adapt prepare publicly display publicly. Performed communicate and, otherwise utilize exploit a user's anonymised, information wow that's a lot right there doubt the company says it selling customer data third parties. Isn't. Part of, their business plan they say we've never, shared any data for financial, purposes but later on. They said I can't. Say we'll never, share the data there's no guarantees in life of what will happen which means of course that all your data will be. Sold to who knows who and for what, purpose so here remember always that, you're the product

Facebook Netflix Instagram Mark Zuckerberg United States Congress FDA Basketball Hulu Spicer Crown America Egypt Official Seventy Two Billion Dollars Three Hundred Dollars Five Hundred Dollars Four Thousand Pound Forty Five Dollars
Toyota to invest $500 million in Uber for self-driving cars

24 Hour News

00:22 sec | 2 years ago

Toyota to invest $500 million in Uber for self-driving cars

"Carol hey Toyota playing catch up with General Motors alphabets Waymo when it comes to self driving car technology Toyota investing another. Half billion dollars an, Uber technologies, with plans to manufacturers Sienna minivans loaded with Uber software source tells Bloomberg move, values Zuber at about seventy two billion dollars testing. Slated to begin on overs ridesharing network in twenty. Twenty

Bloomberg Toyota Uber Technologies Robert Half Sienna Minivans General Motors KYW Zuber Steve Philadelphia Seventy Two Billion Dollars Forty Nine Percent Fifty Two Percent Billion Dollars Five Percent
"seventy two billion dollars" Discussed on KCBS All News

KCBS All News

01:34 min | 2 years ago

"seventy two billion dollars" Discussed on KCBS All News

"At the super micro Intel money ask record for the NASDAQ fresh records on Wall Street the NASDAQ over eight thousand for. The first time up seventy two points to. Eighteen and the s&p at twenty eight ninety six on a gain of twenty two points the Dow above twenty six thousand for the first. Time since February of two hundred fifty nine points to. Twenty six thousand forty nine the Wall Street Journal reports that Toyota will invest five hundred, million dollars in Uber as the two companies work together. On self, driving technology that investment would value Uber at seventy two billion dollars apple. Fans are eagerly counting down the days until the company's anticipated iphone launch in September and they may, have more options at the high end Bloomberg reports the, dapple will debut. Three versions of its lead screened at ten model although saying that none of the designs will be. Brand new instead dubbing this year for the iphone the focus. Will be on a broader range of sizes colors and, prices the top shelf model will have. A six and a half inch screen making it the biggest iphone yet GBH insights analysts no predicts that apple. Could sell, over two hundred million iphones in the next fiscal year beginning in October. Of the MoneyWatch Jason Brooks KCBS a tasty cake it's all about making happy happen no matter what, the situation helping your friend move yeah third time this, year what do. You say we put a smile on that face a tasty cake peanut butter candy cakes sure why not So? What do you think I have to say that's a, delicious cake great so. You're. Happy now Beep Good enough for. Me another happy ish customer tasty, cake making happy. Happen.

apple Wall Street Journal Intel Toyota will Jason Brooks Bloomberg seventy two billion dollars million dollars
Musk's Tesla buyout plan could test Wall Street's nerves

News and Perspective with Tom Hutyler

03:28 min | 2 years ago

Musk's Tesla buyout plan could test Wall Street's nerves

"A proposal to pull off one of the biggest buyouts in u._s. history has rocked wall street tesla's c._e._o. elon musk tweeting that he's gearing up to lead a buyout of the electric carmaker That would cost nearly seventy two billion dollars ending the company's eight year history of stock market trading NASDAQ suspended trading of tesla sock at one point yesterday with insight into this. Development I'm joined on the KOMO news I by drew Harwell national technology, reporter for the Washington Post hey. Drew how are you hey great how are you very well thanks this obviously, was a surprise to investors but given the source maybe shouldn't have been a surprise Yeah I mean Ilan has always complained about being public being public means yet to go out every quarter and defend a company that burns a lot of cash has a lot of debt critics so you know going private would allow. Him to avoid that and maybe focused more on the long-term okay so he he mentioned taking, the, company private at four? Hundred, twenty. Dollars a share? Which would, of. Course require that seventy two billion dollars, we talked about any idea where this would come from That's the big question Ilan funding with the. Cure yesterday typically when a company does something like this They they mean that they. Have banks, of private equity investors somebody rich to chip in we. Don't know anything about that yet I mean I, really like it but that's a huge public seventy billion, dollars that's something that company. Don't typically finder the couch cushion and. You know Meanwhile company with a. Ton of debt that needs to spend billions more to. Build out there Factory and sell the cars and really make a profitable business so Not going to be an easy, thing to find again I guess you have to consider the. Source but this is how this kind of thing is typically handle is? It No, it really isn't I. Mean everything has sort of gone. Backwards from from how you'd expect because the, Yuan I tweeted about it sorta surprised the market. After, the stock spiked they then froze trading then, they put out a letter and then today finally about twenty. Hours later You really expect that to be kind of an official announced that the trading. To have been stopped already so they're still crazy fights and no documentation everything does things that, are, on way Yvonne. You know, it seemed like he maybe got out in front of company here and and he did it in, a way that people sort of scratching their, heads any idea what. Kind of impact we might see. If in fact he does take tesla private Well we would get hit, me Visibility, into, the company and you know Oh far less about how it performing but it. Would also, be an entirely different company I mean the people who are buying into it wouldn't, be, the public. Sort of retail shareholders normal normal people it would be whoever decides that they, want to be, a part of it the grand enterprise and it would help consolidate even. More power under He, already, owns twenty. Percent of the companies already chief spokesman in engineering and everything but it would, be his company what he would do behind the scenes would be You know there'd be very little oversight into it So I think it could make. A very, different style automaker could make the company Surprisingly seen what we're three thank you. So much through the article again titled tesla suspends share trading after you'd on tweets he wants to take the carmaker, private by drew

Washington Post Tesla Robert Muller President Trump Ilan Rudy Giuliani Moller Yvonne Komo New York Donald Trump Reporter Cure Attorney Special Counsel Harwell Official Rene Merle
Richard Waters, US and CEO discussed on Orlando's Morning News

Orlando's Morning News

00:28 sec | 2 years ago

Richard Waters, US and CEO discussed on Orlando's Morning News

"Armed with some good third quarter numbers Disney see Disney CEO is taking the company's next battle going toe to toe with giants have streaming like Amazon Netflix Telling investors the company is sticking with his plan to go direct to consumers with its offerings at its, pending, acquisition, of FOX's entertainment assets I also says the FOX film studio will continue to work on, sequels to avatar, in x.. Men in pre-market trading stock down slightly at one sixteen

Richard Waters United States CEO Disney FOX Elon Musk Facebook Amazon Netflix Google Apple Writer Seventy Two Billion Dollars
Elon Musk's Tesla buyout would reengineer take-private deals

Red Eye Radio

02:25 min | 2 years ago

Elon Musk's Tesla buyout would reengineer take-private deals

"The president making a bold prediction at a dinner last night with business leaders from companies, like, FedEx, Boeing PepsiCo and. Fiat Chrysler Mr. Trump says he thinks the next quarter gross domestic product could be in the fives. Last month the government reported second quarter GDP was. Four point, one percent the fastest pace in nearly four, years day two of Rick gates time on the witness stand in the Paul Manafort fraud and tax evasion trial defense attorney Kevin downing cross examined the former Manafort deputy pressing gates on his, own lies, special counsel Robert. Muller CBS's Paula Reed gates admitted to having an apartment in, London visibility an, extramarital affair but denied that he used funds embezzled for Manafort for. The tryst he also acknowledged he may have submitted personal expenses to President Trump's inaugural committee. For reimbursement it's possible gates. Conceded engage we'll be back on the stand in, the morning tesla CEO Elon Musk's all his net worth jumped. Substantially yesterday On a stock runup. That be prompted by proposing to take the car company private CBS's Jill Schlesinger the reason why this is so rare is that it's expensive to do right now Tesla's worth about sixty billion, dollars given, the price that musk has talked about four hundred twenty bucks a bio would, cost about seventy, two billion dollars that would be the biggest leveraged buyout ever according. To some analysts who track this proposal prompted regulators to suspend trading and Tesla's stock on. Wall Street the Dow gained. One hundred twenty six points to twenty five thousand, six twenty eight NASDAQ up twenty four this is CBS news Progressive, will compare rates. For you so you get the best deal even if it's not with us saving you time and money now. That's progressive call or click today have you ever thought about saying goodbye to your, job just walking into your boss and saying I quit and how would you like to commute to work without ever leaving your home will not. Long ago a, thirty nine, year old entrepreneur from billionaire. Family spent twenty million dollars. In three years to. Find the best home based business in North America he researched seventy different companies and when he, found the only one. That had real long term potential he bought it and right now he's looking for. People to help him turn this company into his next billion dollar success story so if you're serious about making money from home without having to leave. Your home we'll grab a pen because I'm about to.

Tesla CBS President Trump Elon Musk Robert Rick Gates Paula Reed Gates Gates Paul Manafort Fedex Boeing Pepsico North America Fiat Chrysler Kevin Downing Manafort Muller
"seventy two billion dollars" Discussed on KYW Newsradio 1060

KYW Newsradio 1060

01:44 min | 2 years ago

"seventy two billion dollars" Discussed on KYW Newsradio 1060

"Business leaders from companies, like, FedEx, Boeing PepsiCo and. Fiat Chrysler Mr. Trump says he thinks the next quarter gross domestic product could be in the fives. Last month the government reported second quarter GDP was. Four point, one percent the fastest pace in nearly four, years day two of Rick gates time on the witness stand in the Paul Manafort fraud and tax evasion trial defense attorney Kevin downing cross examined the former Manafort deputy pressing gates on his. Own lies the special counsel Robert Muller CBS's Paula Reed gates admitted to having an apartment in, London visibility an, extramarital affair but denied that he used funds embezzled for Manafort for. The tryst he also acknowledged he may have submitted personal expenses to President Trump's inaugural committee. For reimbursement it's possible gates. Conceded engage we'll be back on the stand in, the morning, tesla CEO, Elon Musk his net worth jumped. Substantially yesterday On a stock runup. That he prompted by proposing to take the car company private CBS's Jill Schlesinger the reason why this is so rare is that it's expensive to do right now Tesla's worth about sixty billion. Dollars given the price that musk has talked about four hundred twenty bucks a it would cost, about seventy two, billion dollars that would be the biggest leveraged buyout ever according to. Some analysts who track this proposal prompted regulators to suspend trading and Tesla's stock on Wall. Street the Dow gained one. Hundred twenty six points to twenty five thousand six, twenty eight NASDAQ up, twenty four this is CBS news Progressive will compare rates for you so. You get the best deal even if it's not with us saving you time and money now that's progressive. Call or click.

gates Tesla President Trump Elon Musk CBS Rick gates Paula Reed gates Paul Manafort FedEx Boeing PepsiCo Robert Muller Fiat Chrysler Kevin downing Jill Schlesinger Manafort special counsel
Elon Musk proposes taking Tesla private

Vickie Allen and Levon Putney

00:59 min | 2 years ago

Elon Musk proposes taking Tesla private

"The compound I'm sorry Long I can't comment further on an. Exact location Tesla's CEO Elon Musk may take company private CBS Jill Schlesinger why that's unusual the reason why this. Is so rare is that it's expensive to. Do right now Tesla's worth about sixty billion dollars given the price that musk has. Talked about four hundred. Twenty bucks a bio it would cost about seventy. Two billion dollars that would be. The biggest leveraged buyout ever according to some analysts who track this this is CBS news you have enough things to worry about every day. Insurance shouldn't, be one of them you can leave worry behind when liberty stands with you Liberty. Mutual insurance More. News more often this is. WCBS NewsRadio eight eighty radio dot com station.

Elon Musk Tesla CBS Jill Schlesinger CEO Sixty Billion Dollars Two Billion Dollars
"seventy two billion dollars" Discussed on The Dan Patrick Show

The Dan Patrick Show

03:50 min | 2 years ago

"seventy two billion dollars" Discussed on The Dan Patrick Show

"Trying to make eye contact see if they recognized who and this is back in the embryo stages of my career when i was at cnn and we were trying to tell them what cnn was and i remember trying to interview people and you're just going this is going to be painful and it goes back to i had the late dan quiz in berry was a closer for the kansas city royals at yankee stadium and i went out there and working at cnn i got my suit and tie on i see cuisine berry in the dugout and i said excuse me dan can i ask you a question he goes you just did and i went oh and then i just froze and then i go can i ask you another one he goes you just did and then by that time i whipped yes seeing bill murray did that to me on the red carpet he was walking by and i said hey bill can i get a second he said you just and the left and i was like probably better than anything i was gonna ask you yes we club who is that guy that the you're in the locker room and the other players said go talk to him oh that was randy johnson who told you to do the mark grace and luiz gonzalez and man did they set me up so randy's pitching that day at wrigley and i go in and i see schilling and grace and lease kansallis and randy's at the other end the locker room and i said you know gracie i said oh units pitching today goes yeah go talk to him no seriously go sale oh he'd love it i seriously and i go okay so i walked down there and i said hey unit didn't turn around when a randy then turn around i'm getting sweaty thinking about now there's nobody else there because nobody ever went up to randy johnson on game day before he pitched you never went up to it including his teammates by the way and i go okay hey just wanted to say alot and then he turns around and just looks at me and i look back at grace and the other guy and they're just laughing and i realized i got set up their guns olice and shit oh they were like hey how was the conversation oh man dude is loquacious i couldn't shut him up he loves me poll question mclovin by the way steve garvey will join us coming up in about fifteen minutes okay the question is which sports city would you buy stock in and las vegas has hanging really tight at number one so everyone wants to go to vegas to blow away yeah we're saying in the next five years if you look at these cities as stock is a stock so i think vegas makes sense because they're going nowhere but i mean they're starting zero okay the raiders aren't there for two years so what happened with the the golden knights the raiders have a young quarterback new coach you know okay but if i said boston is going to be at the epicentre certainly loss now with lebron but you're buying that stock i mean you're you're buying google or apple here yeah exactly i mean especially with brady but then again brady's leaving can this boston keep up this run by the way speaking of stocks here's something for you this could be a stat of the day from darren revolt back in two thousand blockbuster had a chance to buy net flicks for fifty million dollars so blockbuster goodbye net flicks for fifty million now i don't know how valuable net flicks was back then but for fifty million today blockbuster has one store in the country net flicks is worth one hundred and seventy two billion dollars stat of the day ahead of the day of the day here comes that what stat of the stat of the day brought to you by continental tire the extreme context sports continental tires new as oltra highperformance summer tire tested to the limits.

seventy two billion dollars fifty million dollars fifteen minutes five years two years
"seventy two billion dollars" Discussed on KQED Radio

KQED Radio

03:15 min | 2 years ago

"seventy two billion dollars" Discussed on KQED Radio

"Today in a collaboration with wnyc in new york we're looking at puerto rico's debt crisis and when we left off financial reporter jayne scene was taking us through the series of events that led puerto rico's governor to announce that the territory could not pay back its debt and we're going to go back to jane who's going to pick up the story now so puerto rico says in two thousand fifteen that it can't pay its debt back so all these bondholders and banks and also the hedge funds by now had started to buy in and they're coming come knocking on the door and saying you have to pay me back and then to make matters worse perico had no way to declare bankruptcy so it has seventy two billion dollars in bond debt that it owes and no way out okay james so just take a step back and define when we say bankruptcy what does that mean bankruptcy is essentially kind of protection it's when you have more debt than you can pay and so you go to the court and declare i'm bankrupt i can't pay this debt and what the court does is there's a kind of litigated process by which you then whether you're an individual or a company or a city you say here's everything i have here all my assets so then the court basically looks at what you say you have and what you owe and then the people you owe it to who are called your creditors and the court helps decide which creditors get paid how much and win and the creditors will they'll never get everything back but they're all fighting to try and get back as much as they can the more different creditors you have and the more assets you have and the more different claims you have on those assets the more complicated the whole thing is and that sums up for rico in a nutshell right so why exactly can't puerto rico declared bankruptcy so states aren't allowed to declare bankruptcy but cities or counties or other public entities can and unlike other places in the us puerto rico didn't have that option because when congress rewrote the bankruptcy laws back in the eighties inexplicably left puerto rico out no one knows why but that meant it had no way to actually declare bankruptcy so then puerto rico actually tried to pass its own law to allow itself under the territory's law to declare bankruptcy but wall street said wait a minute no you can't do that that's the conditions under which we bought this debt have changed so they sued and the whole thing ended up going all the way up to the us supreme court and then the us supreme court basically said nope sorry puerto rico your territory you can't create your own bankruptcy law so they weren't able to declare bankruptcy so the responsibility then went to congress so congress had to create a law that would allow them essentially to go bankrupt and that's how we ended up with this law called promise aw.

wnyc new york puerto rico reporter seventy two billion dollars
"seventy two billion dollars" Discussed on KQED Radio

KQED Radio

04:29 min | 2 years ago

"seventy two billion dollars" Discussed on KQED Radio

"Today in a collaboration with wnyc in new york we're looking at puerto rico's debt crisis and when we left off financial reporter genes is seen was taking us through the series of events that led puerto rico's governor to announce the territory could not pay back its debt and we're going to go back to jane who's going to pick up the story now so puerto rico says in two thousand fifteen that it can't pay its debt back so all these bondholders and banks and also the hedge funds by now had started to buy in and they're coming come knocking on the door and saying you have to pay me back and then to make matters worse perico had no way to declare bankruptcy so it has seventy two billion dollars in bond debt that it owes and no way out okay james so just take step back and define when we say bankruptcy what does that mean bankruptcy is essentially a kind of protection it's when you have more debt than you can pay and so you go to the court and declare i'm bankrupt i can't pay this debt and what the court then does is there's a kind of litigated process by which you then whether you're an individual or a company or a city you say here's everything i have here all my assets so then the court basically looks at what you say you have and what you owe and then the people you owe it to who are called your creditors and the court helps decide which creditors get paid how much and win and the creditors we'll never get everything back but they're all fighting to try and get back as much as they can more different creditors you have more assets you have the more different claims you have on those assets the more complicated the whole thing is and that sums up for rico in a nutshell all right so why exactly can't puerto rico declared bankruptcy so states aren't allowed to declare bankruptcy but cities or counties or other public entities can and unlike other places in the us puerto rico didn't have that option because when congress rewrote the bankruptcy laws back in the eighties inexplicably left puerto rico out no one knows why but that meant it had no way to actually declare bankruptcy so then puerto rico actually tried to pass its own law to allow itself you know under the territory's law to declare bankruptcy but wall street said wait a minute now you can't do that that's the conditions under which we bought this debt have changed so they sued and the whole thing ended up going all the way up to the us supreme court and then the us supreme court basically said nope sorry puerto rico your territory you can't create your own bankruptcy law so they weren't able to declare bankruptcy so the responsibility then went to congress congress had to create a law that would allow them essentially to go bankrupt and that's how we ended up with this law called professor i mean juan gonzalez welcome to all of our listeners and viewers around the country and around the world before we move on with the rest of the show there is a major vote on puerto rico in the us senate today yes there is there the senate will looks live we'll finally vote on what to do on the socalled chromosome bill this is the bill which would establish a means for puerto rico to restructure its seventy two billion dollars in debt rico's government owes one hundred and eighteen billion dollars in bonds in an unfunded pension liabilities it has already defaulted on much of it mrs speaker i rise in opposition to this legislation the people of the enchanted island deserve better the puerto rican people are our fellow americans they pay our taxes they fight in our wars president obama signed into law in two thousand and sixteen people puerto rico need to know that they're not forgotten part of the american family and congresses responsiveness to this issue even though this is not a perfect bill at least most us in the right direction.

wnyc new york puerto rico reporter seventy two billion dollars eighteen billion dollars
"seventy two billion dollars" Discussed on Latino USA

Latino USA

04:25 min | 2 years ago

"seventy two billion dollars" Discussed on Latino USA

"All right we're back we're looking at puerto rico's debt crisis and when we left off financial reporter jayne scene was taking us through this series of events that led puerto rico's governor to announce that the territory could not pay back its debt so puerto rico says in two thousand fifteen that it can't pay its debt back so all these bondholders and banks and also the hedge funds by now had started to buy in and they're coming knocking on the door and saying you have to pay me back and then to make matters worse puerto rico had no way to declare bankruptcy so it has seventy two billion dollars in bonn debt that it owes and no way out okay james so just take a step back and define when we say bankruptcy what does that mean bankruptcy is essentially a kind of protection it's when you have more debt than you can pay and so you go to the court and declare i'm bankrupt i can't pay this debt and what the court then does is there's a kind of litigated process by which you then whether you're an individual or a company or a city you say here's everything i have here all my assets so then the court basically looks at what you say you have and what you owe and then the people you owe it to who are called your creditors and the court helps decide which creditors get paid how much and win and the creditors while they'll never get everything back but they're all fighting to try and get back as much as they can the more different creditors you have and the more asset to have and the more different claims you have on those assets the more complicated the whole thing is and that sums up for rico in a nutshell all right so why exactly can't puerto rico declare bankruptcy so states aren't allowed to declare bankruptcy but cities or counties or other public entities can and unlike other places in the us puerto rico didn't have that option because when congress rewrote the bankruptcy laws back in the eighties it inexplicably left puerto rico out no one knows why but that meant it had no way to actually declare bankruptcy so then puerto rico actually tried to pass its own law to allow itself you know under the territory's law to declare bankruptcy but wall street said wait a minute no you can't do that that's the conditions under which we bought this debt have changed so they sued and the whole thing ended up going all the way up to the us supreme court and then the us supreme court basically said nope sorry puerto rico your territory you can't create your own bankruptcy law the responsibility then went to congress the congress had to create a law that would allow them essentially to go bankrupt and that's how we ended up with this law called promise i maker kansallis welcome to all of our listeners and viewers around the country and around the world before we move on with the rest of the show there is a major vote on puerto rico in the us senate today yes there is of their the senate will looks like will finally vote on what to do on the socalled but oh miss bill this is the bill which would establish a means for puerto rico to restructure it seventy two billion dollars in debt puerto rico's government owes one hundred and eighteen billion dollars in bonds in an unfunded pension liabilities it has already defaulted on much of it mrs speak rising up sition to this legislation the people of the enchanted island deserve better the puerto rican people are our fellow americans they pay our taxes they fight in our wars president obama signed into law in two thousand sixteen people puerto rico need to know that they're not forgotten part of the american family and congress's responsiveness to this issue even though this is not a perfect bill at least moses in the right direction.

puerto rico jayne scene reporter seventy two billion dollars eighteen billion dollars
"seventy two billion dollars" Discussed on Inside the Hive with Nick Bilton

Inside the Hive with Nick Bilton

04:28 min | 2 years ago

"seventy two billion dollars" Discussed on Inside the Hive with Nick Bilton

"That you to have when we talk about this is that the response from from the silicon valley platforms that that are abused to facilitate this kind of interference the response is often throw their hands up you know post mortem apologies but if we know the step is happening now and i'm sure they're doing things beneath the surface no question and and we hear things all the time about what what people are kind of accused assume that they're doing what like on tangible level and a realistic level what could facebook and twitter be doing that there in google be doing that they're not doing now why think twitter for one thing is never going to do the thing that they should be doing check them off platform which is to shut themselves down and save save the universe from from what we're all going through i'd say that half jokingly half serious i think that you know they should be they should be really spending every effort they can twitter and we'll just go to twitter for a second talking about the the bought problem these botts are smart and they're becoming smarter and they are fully aware of what what is happening you know that the bots are have better photos and better bios and they're able to to use machine learning to respond to things in certain ways and appear real and and however you go look at real donald trump's twitter and the the most recent hundred people that followed him or the recent one hundred replies to his tweets and fifty percent sixty percent or botts and it's so obvious from from mine in your eyes and yet twitter does nothing they should literally i said to twitter investor last week like why do they do nothing jack dorsey doesn't care or is it that they they can't fix it and the person responded i honestly truly don't know it's not that they can't fix it i don't believe the jack doesn't care i just don't know but it it kills this person they said it kills me and i think that it would be very easy to come up with solutions on that platform one of the things as an aside like one thing that people forget is if you and i are fighting arguing right we would never do but let's pretend that we're arguing over our favourite whisky and and it turns into a real debate or over the immigration policy whatever someone's gonna come up to his john holmes gonna come up to us and say hey guys i'm friends with both of you let me help let's figure this out you guys are friends you don't need to fight like this and we would talk why the fuck can't social media do that if they if they if they can build an algorithm which i could probably do with my novice coding skills that says oh this person and this person or going back and forth and arguing they're they're both mutually friends with this person let's send that personal lert to go talk to them like imagine if they did something as simple as that know change everything you're right i'm thinking about what homes would say to both of us might not be that diplomatic but i definitely i'm okay with people hating each other like life is what it is that's okay what i'm not okay with is is is abdicating responsibility and i feel like that is it is very horror just from the perspective of a citizen you get this in the story of i'm really excited that going to publish it probably tomorrow when people listening to this podcast that this is happening right now and that there's something less than like one thousand percent maximum effort to stop it i think that is i think that's very frustrating but but i won't believe i wanted to actually ask nick about something else that happened this week that has nothing to do with fake news disney is gonna pay like seventy two billion dollars for the film and tv assets among other parts of twenty th century fox bob eiger has been on the show who was the first guest on the show in and you interviewed him you know it's great it was a one year ago last week that he came on that was our first podcast is that right well happy anniversary making thank you thank you thank you very much what's.

seventy two billion dollars one thousand percent fifty percent sixty percent one year
"seventy two billion dollars" Discussed on Intersections

Intersections

01:48 min | 2 years ago

"seventy two billion dollars" Discussed on Intersections

"Buckets but it's not unlimited and let's see which ones china chooses to concentrate on and work with the ones that work for us and what about the other ones and see what we can do about the ones that don't promise return i think that's maybe the sort of with willett change the indo pacific and the situation in the industry i think we shouldn't start anticipating huge changes until we actually see these projects being undertaken on the ground you look at the for instance it's low hanging fruit which promise early returns which have actually been implemented some of the strategic ones but there's a lot chunk of that now seventy two billion dollars worth of investment which was promised which hasn't happened it josh she spent time working on pakistan as well how do you sense the current mood in pakistan on that china pakistan economic corridor came in with much promise we have hud some concerns recently from donny's about looking at the lunka example debt cetera and from the chinese on the security front have been a couple of series incidents recently so anything to say about that but also as we think about not just south asia but you've talked about gonna linking the south oak and of raising the line between south and southeast asia because that's what's happening on the ground both bureaucratically and conceptually here you and i were in singapore recently for a conference and we did hear concern from the kind of south east asian perspective by where they fit into the new pacific one could think of it as the hyphen in the novus if it's not possible without the southeast asians but there's concern about going to wear the fit in what about austin centrality cetera.

indo pacific pakistan donny south asia southeast asia singapore china willett josh seventy two billion dollars
"seventy two billion dollars" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:06 min | 2 years ago

"seventy two billion dollars" Discussed on Bloomberg Radio New York

"Lowering tariffs on daily consumer goods i mean is this in any way a recognition that they've got to be willing to move somewhat i mean it can't be just a a stalemated type of position or stasis on the part of the chinese exactly it seems to be from a chinese perspective that there are willing to have conversations but it's all about the rhetoric and what's interesting is a new vice premier that has been appointed he's likely from a trade perspective to also be heavily involved in discussions given his experience in the us it was quite interesting to see a how mu should the response was from china at the g twenty people saying that there's a little bit of communication challenges going on here but of course also china heavily involved in what was happening with the npc doesn't look like there's a war of words at least at the moment but what kind of retaliation could we say from china in terms of directed at the us quotas tariffs m areas like agricultural products which could hurt a lot of obviously us farmers etc as well as potentially electronics so they would probably be the key areas to look for one of the things catherine that the administration here in the states has been really focused on this issue of theft of intellectual property mean what could the chinese do to satisfy the concerns on the part of the united states it's all about transparency and i think from the chinese side we do need to see more transparency and this whole new area in terms of social media crypto currencies this is where we're likely to see policies being announced by the chinese regulators both domestically as well as international companies who are involved in china let's talk about that takes based in because ten seven which of course is listed in hong kong has now actually overtaken facebook it's got about seventy two billion dollars more valuable than facebook because of the slump that we've seen coming through in facebook how widespread g think these tech selloff is going to be is it purely going to be linked to facebook we just at the cusp of what's happening here in terms of the data breach in terms of the data breach when we look at facebook there's a fundamental story there but when we look at tech stocks generally speaking they had such a strong runup last year the.

china npc theft united states hong kong facebook seventy two billion dollars
"seventy two billion dollars" Discussed on WBZ NewsRadio 1030

WBZ NewsRadio 1030

01:51 min | 3 years ago

"seventy two billion dollars" Discussed on WBZ NewsRadio 1030

"Purposes will probably be rebuilding m four houses because many of them don't have insurance now here's my thought dean we be used eminent domain it in this country repeatedly for example built the interstate highway right why don't we declare eminent domain on puerto rico rather than throwing not only billion dolars rebuilding it with the realization will probably be another hurricane few years and uh apt put more money any chink or money i mean it's to 1940's we roane a lot of money at puerto rico i intentionally from standpoint of our tax uh abatement that they pay no federal income tax on money earned with in puerto rico in addition to that they've had a low interest loans uh uh incentives for trade uh i uh towards who tourism and so forth uh we've we've encouraged water from the silk route karp these three relocate down there and steal their dear uh income level is very low that tells me along with the debt that either is a lot of graft and corruption are great deals incompetent to complacency so when you say in a domain dancing this tongueincheek atome seizing eminent domain we should we should just put a lot of high waste on on put a no good laugh i get it so when you do emin until may what would what would you accomplish well right now the country's pretty which devastated to die you the land is very law and we relocate others van essential personnel and support personnel for the military bases in her there to this country them i mean the to the mainland year and part of the deal is were buying them out with the seventy two billion dollars but during debt that we're going to end up paying tax payers anyway and part of it is bringing to the mainland nick have bitter lifestyle usually with their anyway and then what do you do with.

dean puerto rico income tax the deal seventy two billion dollars
"seventy two billion dollars" Discussed on Radio Free Nashville

Radio Free Nashville

02:01 min | 3 years ago

"seventy two billion dollars" Discussed on Radio Free Nashville

"A so puerto rico seventy two billion dollars in that the federal government says oh we're going to help you here's the help and remember what did the congressmen say time and time again vote for this because it isn't going to cost us a penny three and a half million people in need and the congress says we're going to do something as long as it doesn't cost us a penny so they set up a control board made up of seven individuals four of them republican three democrats the majority com from the financial service sector the very sector that was involved in the selling of these bad bonds to the people of puerto rico until the government and setting up and they're they're now they make all this isn't the governor does it doesn't run puerto rico the legislature doesn't couldn't run puerto rico know they have the ruined everything through and there is a veto power of this control board of seven of six men and one woman said you're heading off at noon to this protest yet trump tower would you call precedent tremp ah racist i think his policies are racists they have been races against the muslim community because they build with eight they've been field because it's because of their religion let's be clear the latino community what can i say i think it is races one you use your justice department to undermine a new set up a special commission on voting rights and security which we all know means we want fewer black brown people to be able to vote i think that because y look when i see though oh signs black lives matter if anybody understands it's a kid me that was born in mateen 53 once separate but equal was still the law of the land i'm a member of congress and you're interviewing me now because there's the voting rights act because there's a civil rights act without which i would have never been given an opportunity and to corrupt the voting process something that so many thousands literally gave their lives bore i think is a racist attack against our community well i wanna thank you so much in and.

congress puerto rico mateen voting rights act voting rights civil rights seventy two billion dollars
"seventy two billion dollars" Discussed on WBZ NewsRadio 1030

WBZ NewsRadio 1030

01:33 min | 3 years ago

"seventy two billion dollars" Discussed on WBZ NewsRadio 1030

"More comfortable tonight as humidity drops off partly cloudy skies a low of sixty six warm day tomorrow plenty of sunshine less humidity then we saw this afternoon high of eighty five mainly clear tomorrow night a low of sixty seven then a warm day monday mostly sunny nice weather for watch ching these solar eclipse a high of eighty seven breezy very warm and becoming more humid tuesday mostly sunny skies a high of eighty eight i'm accuweather meteorologist steve travis wbz newsradio 1030 unlike medical and wbz news a day of protests ends peacefully in boston as tens of thousands of gown who protesters watch for brought breed above in common oval well legal few dozen free speech demonstrators who gathered there the small group of demonstrators clashing with police is the gatherings were disbanding police making twenty seven arrests nobody waltch colleague the day a successful one for boston divers are expected to exhibit of mysterious object with steel legs that's puzzled onlookers since it was filed lodged underwater off a rhode island beach divers will go underwater to get a closer look at the metal object in crews hoped to pull it out some time around the end of next week massachusetts booming economy bringing with its luring housing costs for those looking to rented apartment or by a home particularly in great who busted governor baker this week it up they get a digital seventy two billion dollars in housing subsidy funds in state and federal tax credits for 25 projects in the state in sports the red sox in geika zoom in the midst of a weekend series had fed the two teams wrap it up with a sunday game.

massachusetts tax credits accuweather steve travis boston seventy two billion dollars
"seventy two billion dollars" Discussed on WSJ What's News

WSJ What's News

01:46 min | 3 years ago

"seventy two billion dollars" Discussed on WSJ What's News

"The federal funding from medicaid they would lower that showed dudayev overwriting tweaks um there are also probably new work requirements and taken together they would reduce spending on medicaid by 700 in seventy two billion dollars over ten years so isn't in the short of this that states would be forced to end medicaid expansion without the help without the help of the federal government will they would most likely tighten up eligibility requirements there are some states where they've had gas they would have to end the medicaid expansion programme or at least not let new people on and make it harder to join now the republican senators like all the other senators they're back in their states and you know they're hearing this from the governor's how much pressure is on the senators well i think what's interesting about the role of the governor's that not that many senators are having town hall this week so they're they're hearing relatively little from their constituents now i'm sure they're getting phone calls and emails and letters from their constituents and their hearing from other hospital groups and other industry groups but the governor is have a you know a big influential role and they specifically highlight the impact in their steve it's not just some abstract idea they're seeing this is how many people in your state would suffer so i think they have a really influential voice in this to beat especially when they're governors from the same party as these republican senators is there more pressure on the loser's or more pressure on these governors well this is the one who are going to vote on the bell so i would say they're the ones feeling the most pressure right now i'm speaking with christina peterson of the wall street journal and you're listening to what's news.

federal government christina peterson wall street journal seventy two billion dollars ten years
"seventy two billion dollars" Discussed on KGO 810

KGO 810

01:34 min | 3 years ago

"seventy two billion dollars" Discussed on KGO 810

"I mean it's just crazy it's just crazy at seven hundred seventy two billion dollars would be cut for medicaid remember donald trump swore when he was a when he's run for president that he would not touch medicaid was not gonna cut medicare was not going to cut social security seven hundred seventy two billion dollars cut for medicaid the the aama which is the nation's largest physicians organization issued a statement on monday saying quote medicine has long operated under the precept a primo non nocere i think i'm saying that correctly or i do no harm the draft legislation violates that standard on many levels now again i i just i i have to be honest with the until you i don't get it what am i listening i i mean how do you try to force through legislation and that's what they're doing they're trying to force through there had been no open hearings there's been no given takes and they say obamacare was was became the laws being written behindcloseddoors and partially true however before it was written behind closed doors there were my understanding is like a hundred hearings and it took amendments from the gop this is now we're we're gonna closer embarrass ourselves no no hearings now outside now with that were rightness in secret.

president social security gop donald trump seven hundred seventy two bill
"seventy two billion dollars" Discussed on KGO 810

KGO 810

01:32 min | 3 years ago

"seventy two billion dollars" Discussed on KGO 810

"I mean it's just crazy it's just crazy at seven hundred seventy two billion dollars would be cut for medicaid remember donald trump swore when he was a when he's run for president that he would not touch medicaid was not gonna cut medicare was not going to cut social security seven hundred seventy two billion dollars cut for medicaid the the aama which is the nation's largest physicians organization issued a statement on monday saying quote medicine has long operated under the precept a primo non nocere i think i'm saying that correctly or i do no harm the draft legislation violates that standard on many levels now again i i just i i have to be honest with the until you i don't get it what am i listening i i mean how do you try to force through legislation and that's what they're doing they're trying to force through there had been no open hearings there's been no given takes and they say obamacare was was became the laws being written behindcloseddoors and partially true however before it was written behind closed doors there were my understanding is like a hundred hearings and it took amendments from the gop this is now we're we're gonna closer embarrass ourselves no no hearings now outside now with that were rightness in secret.

president social security gop donald trump seven hundred seventy two bill