24 Burst results for "Twelve Trillion Dollars"
Women are perceived to become liabilities the moment they become mothers. And that's just not true
"You know I grew up in the Philippines. I had really strong female role models my mother my grandmothers. We had a female President Corazon Aquino when I was growing up and I grew up as an empowered girl you know part of the Ywca of Manila's one of their team leaders. When I was thirteen and a started organizing leadership conferences for girls when I was eighteen and then so when I left the Philippines to come to school I left Venus. This empowered girl and then I went to Mongolia College. Which is the first ever and oldest college for Women in America which has a strong tradition if educating female leaders that would change the world and right out of college and I was working at Goldman Sachs. I was sparked of launching the Investment Banking Women's Network for Goldman and so all of these experiences. Really you know allowed me to appreciate the importance of having strong female role models in women leaders all around. I think there's a surprising number of similarities. I also grew up with a very strong mother. Who set a wonderful example of how to work hard and achieve your dreams but also have a clear opinion and share that I also went to an all women's college so Wellesley and it was a really powerful example for me to see all the leadership roles filled by women because that was just the assumption. Why wouldn't the leadership refilled by a woman? I think couple of differences. I grew up in a lot of other countries. As well you came from the Philippines. I I grew up in China for three years in Japan in Ecuador and France and so seeing gender equality quite differently in all of those countries and comparing that to the United States was a real surprise for me it was it was so different from country to country in China for example. There's a saying that women hold up half the sky and that struck me as clearly women would would have half of the opportunities would be just as strong and through both school but then also work and now I have three young daughters six year old and almost four year old twin girls and so I care about gender equality even more But this has been with me from his as far as I can remember. We NEED TO ACCELERATE GENDER EQUALITY. So we can have it in your daughter's life exactly that quite a bit actually at the rate we're going. The whole world stands to benefit if women participate in the economy identically. Demand according to Quinlan's research at McKinsey it would boost the world's economy annually by twenty trillion dollars. That's the size of China and US economies combined. It's all countries align their gender equality efforts with the progress made by their most impressive neighbors. The world's economy could grow by eleven percent that's twelve trillion dollars. A remedy for inequality is a daunting task and it starts at home from the United States may seem like a developed nation but the United States for the last decade has been ranking in the twenties to thirties and the global gender gap report and so there is a lot of progress that needs to be achieved and one of these areas is an economic empowerment so the gender pay gap still persists here in the United States. The gap has narrowed since nineteen eighty. But it's been stable over the last fifteen years and as of last year on average women have earned only eighty five percent of what men earned and based on this estimate. This means it would take an extra thirty nine days of work for women to earn what men did. As of last year there is also the perception that this gender pay gap is imaginary. The latest survey shows that around half of the men believed that there is no gender pay gap so this is very much like half of the men are denying climate change. You know. It's the same principle of denying Ariel that exists which makes it even more problematic to solve when we think about the intersection of race and gender gap. It gets even worse with African American women getting paid the least on average a second area around economic empowerment for women as access to capital for women. Women receive less than ten percent of venture capital funding and ever ge US women are starting more and more companies access to capital is not as easy for women as it is for men. If you're a woman of color the probability that you'll get funding from a venture capitalist is less than one percent so there is a lot of work we need to do around economic empowerment women.
Trumps speech revealed aa divided union
"I. Today's PODCAST president trump's delivery of his third state of the Union address to a very divided house chamber. The president highlighted the stock market spy election in. US stock markets have soared seventy percent adding more than twelve trillion dollars to our nation's wealth. Transcending anything anyone believed leap to his possible and the unemployment rate the unemployment rate is the lowest in over half a century and very incredibly the average unemployment right under my administration is lower than any administration in the history of our country as well as healthcare socialism and the corona virus outbreak. A few of the most notable moments of the night though the first lady's presentation of the Presidential Medal of freedom to conservative talk show personality rush limbaugh a surprise appearance from along Widodo Venezuelan opposition leader and a memorable moment from house speaker. Nancy Pelosi at the end of the president's address Speaker Pelosi physically ripped up her draft out of his speech Aiming Java's joining us now from Washington. Which I guess we're going to? We got hashtag everything nowadays Hashtag rip it up. Rip The speech trending Amen. Yeah you know. In the old days you used to try to get the sound bite out of the speech that everybody would play on television. Now you try to get that mean that's going to go viral. And this one certainly only did last night that she was asked about that afterward and she said it was simply the most appropriate response given her choice. The the implication being that she could have done something more dramatic and and that was the most polite way she could think of in the moment to express her displeasure with what she had just heard in the house chamber. Brian aim and I need to know. Do you think she she plans to do that. That's a really good question. You know she was. She was holding those notes The the presented speech that she was given by the president throughout the night and sort of holding holding them up and checking against them and following along. Hard to say whether that was preordained. You and there was this moment at the beginning where she reached out to give a handshake to the president. Not Clear to me whether under the president intentionally snubbed her or simply didn't see it because he was focused on giving her the document and then turning back to give his speech maybe she felt frustrated. that he he hadn't shaken her hand. Yeah that's what I I was when I was about to question you aim and that's what I thought I wondered if it was in response to that moment where right you couldn't quite tell. Was He purposely ignoring her. Didn't just look at her and realized that she was extending her hand to him and yet she turned telling the moment he left when he didn't shake her hand. Looked like she the expected him to shake her hand and he didn't and she looked like she felt snubbed. Not Clear to me that the president actually saw the hand go out but look she did not introduce the president with the traditional RUFFLES and flourishes in terms of the language is my distinct honor and privilege to announce she simply said ladies and gentlemen the President of the United States so Ah this was a a a Nancy Pelosi who went in there sort of In in a way dealing with an impeached president not to give him all the honorifics so I I think the pump was primed for this whether it was intentional and preset or not they were. They were on a collision course. And we saw what happened as this ever been this. This partisan partisan because I have to say I didn't like ripping it up. I didn't like the fact that I didn't tell me. Give you some history here is this is this. The way of the world have been Congress people who've decided that they're not showing up before to object. You have to really go back to the nineteenth century I think to see this kind of partisanship. I mean I mean you read about the pre civil war era in American in the American Congress and reading about duals fistfights on the four. Somebody got Brian with a cane and amen because we say it's never been this bad because there there were times when people were dueling. Yeah but it's never been wasn't going anywhere good at the time that that it was this bad before right. I mean so. There's a famous stain. There's a staircase In the bottom of the house chamber marble staircase and there's a stain on that staircase. And it said Eh. Legend is that that's the bloodstain of a reporter who was beaten nearly to death by congressman for asking a rude question. And it's still there from the nineteenth century. I don't know if that's true within the Apocryphal thing that they said but but those years were brutally partisan and physically brutal. We haven't seen actual fisticuffs yet in in Congress. But you do get the sense watching this. That maybe we're not that far from it it was you know the see-saw partisanship that cheering and booing You know it was America's political division on display last
Trump Promotes Low Unemployment and Rising Wages in State of the Union
"President trump deliver his third state of the union address Tuesday evening before a joint session of Congress telling them the state of the union is stronger than ever before president trump focusing on his accomplishments telling lawmakers and the American people about low unemployment economic growth and Wall Street by election U. S. stock markets have soared seventy percent adding more than twelve trillion dollars to our nation's wealth the president also giving broadcaster Rush Limbaugh the presidential medal of freedom that comes after Limbaugh announced he's got cancer meanwhile in the democratic response Michigan governor Gretchen Witmer talking about the economic struggles of the working class as well as stagnant wages in Washington Jill NATO
Great American Comeback? Trump's economy has both boom and gloom
"A great night for president Donald Trump and not so much for Nancy Pelosi and the Democrats this is the one o'clock reporter good morning I'm rob carpenter breaking now is a war fighters that we have the best in the world and they either want to fight to win or not fight at all we are working to finally end America's longest war and bring our troops back home a packed house on Capitol Hill president Donald Trump addressing Congress spurs third state of the union speech with a great economy and a booming stock market the president calling the changes since he took office whoa the great American comeback by election U. S. stock markets have soared seventy percent adding more than twelve trillion dollars to our nation's wealth transcending anything anyone believed was possible this is a record it is something that every country in the world is looking up to they admire hello see tweeting Democrats will never stop extending the hand of friendship to get the job done for the people the trump campaign tweeting she might as well rip up any plans for attracting independent voters hello she telling reporters afterward that she tore up her copy of the speech because it was a courteous thing to do considering the alternative adding it was such a dirty speech trucks Iverson
Warren: Medicare for All plan will not raise middle-class taxes 'one penny'
"So I want to talk about politics and I don't spend a lot of time on presidential candidates but these numbers just came out the just silly I am an independent I will not make a decision on if I'm going to vote at all I don't like trump personally how could you come on but look at the economy look at the Supreme Court appointments look at the stock market all the stuff that people talk about it's relevant and then I wanted to bring this up now because these numbers were just released in it's actually laughable it's so laughable because I saw it on fox and I thought it was a lie because they tend to exaggerate if it involves a Democrat but there right Elizabeth Warren's her Medicare for all plans okay single payer in other words you pay into Medicare you get all your coverage you lose your doctor you lose your company's insurance plan she's going to take all the money that you pay and then put that towards thanks for this Medicare for all land we should have a drum roll fifty two trillion dollars okay a fifty two trillion dollars over ten years and that's the estimate for health coverage and coverage for long term care somewhere by our own folks they're saying she would have to find twenty trillion dollars in new federal spending twenty trillion so motherly pointy boy the he's the first or second one of the other tied in terms of Democrats out there with Biden Bernie says the same thing he will give the numbers but he says I haven't figured it out yet but it's going to cost middle class taxpayers more so they would eliminate all private health care all of it so you lose your doctor hospital everything they tell you where to go and then it will also change military spending and then it would cause tax hikes for corporations in middle class families and they think they're gonna be president and so he will always confounded by trump I'm not as far as I'm concerned if the vote were today even with all this jargon about impeachment he wins in a landslide and my man Ben who is producing today and I love them he likes Elizabeth Warren but even then even better is a smart kid even Ben says there's no way America can pay for that health care plan I am not campaigning for trump but folks anybody out there anybody out there listening right now willing to man up woman up family up business up in pay fifty two trillion dollars twenty point five trillion in new money they have to find some somewhere folks we can't find a trillion some days we can't find a billion twenty trillion a new swimming so as you sit out there and wonder who you're going to vote for thank you thank you my choice will likely be more any he's coming back after a heart attack or Elizabeth ward or trump honestly I'm saying right now in western Pennsylvania Democrat is the cave man trump wins big all the cops I knew all the teachers I know all the carpet as I know trump all the truckers item all Democrats trump why would they be who in their right mind who's out there working right now I would say Hey honey excited about giving up our doctor in our healthcare plan and pay more in taxes who she says Elizabeth Warren apologize and drinking Elizabeth Warren says she would pay for eight billion of it with private insurers money in the rescue says she would take from the wealthier that can't happen on paper you can't tax them enough to find twelve trillion dollars it's impossible in any way shape or form so as we go to break the votes today you have health care for all worn for burning we have trump today the both today with all the piece was left out there the votes today if trump we have Elizabeth Warren or burning careful more taxes for you which candidate you both for
"twelve trillion dollars" Discussed on WAAM Talk 1600
"SAT J s mindset dot com line folks Bill is one of the best forensic economic analysts in the world. Bill. Welcome back to operation freedom. Okay. Bill allots a lot's been going on in the financial world this week and had like to have your take on Bill halter's big financial radar screen. So your take on what occurred this past week with the Federal Reserve. Well, the Federal Reserve of. And the other large central banks, basically pulled their skirts up. That's a good way to put it. What we've been saying? For years now. Is that? Fed the other central banks. They cannot normalize their balance sheet, they never normalized their balance, sheet say, normalized, they've bought all these. Monetize debt is what they've done. They can't monetize it. So basically. Their stuck. They can't raise rates. You saw what happened when they raise rates, what three quarters point in total? Culminated back in December, we had a near meltdown. And then they reversed and said, we're going to stop tightening now they're going to start lowering rates again. And you've got over twelve trillion dollars in debt globally. It's trading at negative interest rates, which is I guess you could say it's an impossibility. If the system were to have negative interest rates that is definition of the snake eating its own tail. Well, I in fact, global negative yielding debt hit a record just now of twelve point three trillion this week, correct? Right. So that and see people say, well, okay. Well, what's the big deal there? That's a huge deal. People are in, quote, if you want to call this investing money. Let's say today and because of negative rates getting less out getting less out when there will bond..
Uber loses more than $1bn in first quarterly report since IPO
"And Yuba has reported a quarterly loss of over one billion dollars. That's among the largest of any public company on more than its rival lift lost in all of twenty eighteen but the ride hailing firm, laid out a Paul, the bringing costs down the company, CFO says they'll cut back on customer promotions and will reign in marketing expectations. So to discuss all this. We've got Bloomberg intelligence analyst, Matthew blocks with us in the studio. Matt, great to see you again. How will the results then competitive expectations, they were pretty much in line. I mean the company had provided a range on the kief entre metrics when they published the perspectives. Most of those metrics came in at the veteran that range and that was laws. You wear analysts had kind of estimated that come, so, you know, no big surprises really all natural numbers. Did you say much to reassure investors about the outlook and this is what people are looking for incrementally? The they made some encouraging comments nothing specific. They didn't give any specific financial guidance US companies tend to give a range for the next cool tool. Revenues, I didn't do anything like that. But they did say through q one to q two they'd seen an easing of the competition that's been putting a squeeze on profitability. That's kind of giving them something about the kind of the potential to kind of still easing losses and make some kind of money on their by sharing business going forward. So I'm wondering what explains the share price reaction was at to with outlook was at the fourteen percent increase in revenue even though we're still talking about an awesome making company. I think is that outlook that I mean, if you think about it, they make a direct margin of minus four and a half percent on that right sharing business, which you'd think that if you're going to be in a business, you need to be making some margin on that the reason they haven't been this because they being incentivizing drivers been incentivizing customers as grow this business to the encouraging signs, as you mentioned that going to kind of ease the promotion activity that doing the competition seems to be doing the same kind of sales marketing promotional pressure on the business for the next couple of looking at lowering marketing expenses. Expectations as I said, you bring that up. But also the other thing is the question of how it's going to grow into Asian because one number analysts have their eyes on the growth of gross bookings, and that slowing so going to grow to the valuation, as a business gets bigger. You expect that, that growth naturally, but sales growth in gross bookings is really a key metric for this business until that she's thought to make some real profits. It's a combination of raising the number of rights kind of use of the service, which is partly through how much they use the ridesharing. But also how much of these things that you very these new businesses like freight got things like mopeds and scooters. They took about twelve trillion dollar market opportunity, and they need to convince people can really growing about one percent point one percent of the moment says about how they can grow into that. He they see and just very briefly analyst commented in a note. Another key question is, how as they cut losses if that even happens that would impact long term, demand, Yuba services could open a door for analyst to spend time digging into more fine grain metrics, a great. I think I do. Competition. Is that the position of markets, but people lift are expanding as well. You've on the east side at delivery, just those kind of businesses. So I think we're kind of looking at a few years of intense competition, the spaces people Bill platform. So it's going to be fluctuating. But convince people that they can kind of
"twelve trillion dollars" Discussed on Bloomberg Radio New York
"He's told A J P Morgan spool to think about yields climbing with a hit full percent five percent or even higher, but he declined to give a full cost of where the heading by year's end to four five. Whatever today is extraordinary low, and when governments bought twelve trillion dollars of sovereign debt that had to have it affecting tenure and now America's reverse a little bit ECB hasn't Bank of England has Bank of Japan hasn't. They might have to one day. So I I don't I think four percent when you having really good growth is not a bad number J P Morgan CO, Jamie diamonds speaking exclusively to Bloomberg the loss on the tenure yield was at four percent, by the way was in twenty ten and also Jamie diamond was last year calling for that ten year yield to hit five percent that didn't happen. Then did it Federal Reserve? Vice chairman Richard Tarata has pushed back against speculation. It will cut interest rates. He says the central Bank is in a good place on the current policy. Stalls will bring inflation back to target these comments echo, those chairman. Jay Powell last week's news conference inflation has been running on the soft side recently. We think there's some temporary factors to at least some of that. So our baseline view is that inflation will begin to move towards our two percent of Jackson, but we're certainly looking at the data closely that was fed vice chairman, Richard Travers at speaking exclusively to bloom back in top corporate, news comments Bank has met estimates for revenue of two point one six billion euros in the first three months, the German lender added one hundred twenty three thousand you retail customers fueling better than expected results for net interest income the numbers should give a boost to chief executive Maltin zioka off to the breakdown over merger talks with Deutsche Bank for more on that story. I'm joined by Bloomberg intelligence Eubanks on list. Philip Richards, great to have you in the studio. Thanks so much for joining us. So other signs from this set of results that komo's Bank actually has a credible standalone strategy off to those merger talks with door. She failed. There are some signs. Lending growth is better than expected. Numbers are up. But also some of the beat today was many different by charges and they've said in outlook statement, that's not sustainable going forward. Villes? I've only two percent holidays. So no, I think conditions L still very tough is the lowest of any banking you. Yeah. That profitability certainly key. Who is there? Anything management can do to boost ratings or the week prospects now entrenched this very low. I mean, the main way you have to do is w so the top nine differently candidate Lucille language, mostly can but the margin pressure. We've continued to full food is dragging down. That's why dentist income is not growing that thing with the Ken on cost for the fact is very hard to cut those on self number within Germany. I said that is failing to come through. So both mine is this very differently candy. It's komo's Bank now in play then as it were of the banks may look to merge with the Bank. Did we hear anything of note today on that on that today? And this update is being nothing on the cool on the moment, which is an ongoing now but Kennedy album play. This is way we took that sub team sent to Tabango for the biggest savings. The biggest even apple but the banks today but apps as well UniCredit is the most likely through this subsidy hype Ryan Bank. But also, I n g they have a retail operation code diva by Jimmy mainly online business, the cost saving potential is pretty limited. Thanks, you mentioned the conference call is still ongoing. I'll let you get back to it, very briefly. What would be your top question? The first one is back to what can they do banks? They have to give some source quiz faculty. Simply not good enough that needs to move. This behalf of the send three four percent to get it to cost to capital. Great to have you with us Bloomberg intelligence Eubanks, unless Philip Richards and thank you for taking the time to speak to us. We'll let you get back to that conference call on comas Bank and just to take a check on comas Bancshares as well. We have seen them react, positively in today's session to that earnings reports right now, though Hsieh's up nine tenths of a percent. Let's get the latest on the global news now with John Kerry's. Yeah. Good morning navy around his back peddling on promises. It made his of the two thousand fifteen nuclear agreement to the country says it will receive high a uranium enrichment if new tariffs owned reach within ninety days around said it would respond to the latest US sanctions. The Trump administration increase the president Bryant refusing to extend waves than on eight countries to impose a vein in oil. Elsewhere you as President Trump support Stein. Waiting food to North Korea through a United Nations agency. Bloomberg's Peter pay says Trump and South Korean president moon. Jae-in discuss the noose conic of food shortage by the phone coach focus on north coast weekend weapons tests. The two spoke also about North Korea's chronic food shortages with Trump reportedly telling mood that providing food to the heavily sanction country would be a positive measure US allies have been so far cautious. We're doing so out of fear that the food would be your support that countries weapons development in so Peter fable, daybreak Europe, South Africa heads to the polls today this amongst the twenty fifth anniversary of the first democratic post apartheid elections in nineteen Ninety-four. Bloomberg's ammo Imbaba has more. While opinion polls point to the ruling African National Congress extending its quarter of a century. Hold on power from poor Sunday's a decisive win to quote, a position in his faction ribbon. Potsy a narrow victory could embolden his critics and may force the party into coalitions. Limiting his policy options in Johannesburg Columba. Bloomberg daybreak Europe. And the Danish -pointment is his cool did general election for the fifth of, gene. But if the Nick Wrigley, oh says climate change in immigration talk of ages concern, most pose the outgoing centre-right government would be defeated by more left-leaning block, which is led by the social democrat. Their forty one year old leader method Frederickson has pledged greener policies and has embraced the tough stance on immigration luring voters from the right one of the new parties running in the election is the controversial hard-line movement of revenues powder. Dan, convicted racist in Copenhagen, Nick rebelo. Bloomberg daybreak Europe cable news twenty four hours a day on Erna, take token twits at pump by more than twenty seven. Nine hundred journalists and unlistenable the one hundred twenty countries, I'm young guarantee. This is Bloomberg Nara. Leeann thank you so much now.
"twelve trillion dollars" Discussed on Rich Dad Radio Show
"I can load up again. Forecast book came out because I have a bubble model. Gold did bubble up seven point seven times and several years more than the stock market in a lot of other market, and it did crash like every bubble, but it based out, you know, between thousand and fourteen hundred for good while and I think it may have one more drop. I'm just looking for the deflation play in deflation just does not work into goals advantage from what I see. But I now see that the the lowest I see it going. It's more like seven hundred and then you'd have a long-term market, but you know, the gold intimately goal goes with commodities more than anything already thirty year commodity cycle. What peak in nineteen eighty almost all commodities and gold and silver, and they all crash together in early to mid eighties in how they make happy told me as four hundred. So so Herod you big deflationary period coming you. Yes. I do. I mean things go in stages. You get mild inflation, you get high inflation. You get falling in place, and you get deeply, and this is the condruct way that Russian economists in discovered in the early nineteen hundreds and it plays out over and over again. It's just like every business Eichel innovation growth. Boom. Shake out to see. The Lakers leaders are maturity boom in the clients. It's the same thing. So deflation is the next step. I always ask the conham, especially the the gold bugs like Peter ship. That's all I hyper inflation all this time on said, okay. We printed twelve trillion dollars on top of the normal reserves in the last, you know, nine or ten years, and we got zero one two percent inflation the most countries. What do you think would happen if we hadn't printed twelve trillion dollars, which normally any other time in history would have obviously inflation? Mary and the answer is we would have been in deflation, we started at deflation period that I predicted decade before two thousand eight two thousand twenty three I call it the winter season demographics peak in a fall bubble boom. And then that bubble burst and all the debt around it. And that that destroys money in debt in in in wealth, and in that causes less money swirling around and you get deflation and assets, you get deflation and consumer prices and that was the Connie from nineteen thirty to nineteen forty two. That was the winter season. We were going into that. And how did the central banks stop that? Or put it off print trillions and trillions of dollars of money. And when that started wearing out Donald Trump gives a trillion and a half of three money tax breaks businesses when they have the highest profits and all history compared to GDP. What's the bad news here? So. Title the greatest opportunity..
Why the race to 5G is a bet on a multi-trillion dollar economic impact
"This marketplace podcast is brought to you by g. suite by Google cloud, a suite of cloud based productivity tools that includes g mail, docs, slides, sheets, and drive. You can make real time updates to the same document without having to keep track of multiple versions. And since all the tools are cloud based, your whole team can access the same document and work on the same page at the same time, make it with g. suite by Google cloud learn more at g. suite dot com. Why the raise to five g. is a bet on a multi trillion dollar industry from American public media. This is marketplace tech demystifying. The digital economy I'm Ali, would. The next generation of wireless technology. Five g. could be a huge deal. The speed, the number of devices that can be connected could spawn entirely new businesses that we haven't even thought of yet. Last year chipmaker Qualcomm and tech research firm. IHS technology put out a report that said five g. could enable twelve trillion dollars an economic output across the world by twenty thirty five. Not to mention some twenty two million jobs the report quite sincerely compared five g. to electricity. Now, compare that to four g. which just in the United States contributed about half a trillion dollars to the economy in two thousand sixteen and even a whiff of that potential is why there's a race to get to five g. I between companies and even countries Scott Tong for marketplace, reporter and former China correspondent. He said the US was a four g. winner and China doesn't want that to happen. Again, companies the innovation that was built on this technology, right? Whether it is. As social networking or gaming or video. A lot of those companies that built their products on top of this infrastructure or American company. So the US was kind of the hub for this, you know, giant economic boost for the country, and that is why so many countries. I mean, you had the European Union, Japan, South Korea, all investing billions in this tens of billions. And then of course there's China which has invested more than any of these competitors as far as the infrastructure. So the assumption is, if you're, I kind of build this ten lane superhighway in the sky that you know, if you build it, they are going to come right that these companies in these innovators are going to come to your country. What are people saying about the challenges of rolling out this infrastructure? One of the great big challenges that comes up over and over with five g. is how expensive it is to build the network on. One reason is because of the nature of the frequency where these signals are going to be transmitted is the. The cells are going to have to be really close together. So every little physical piece of the infrastructure is going to have to be much closer together than it is now. Now they don't have to be this big giant cell phone towers. The nature of the technology is could be a small little pizza box size thing on top of a light pole. But all those have to be installed, you have to negotiate with the city or the owner of a house table to put it there. So one of the price tags that one of the consulting firm said was on the order of three hundred billion dollars in the US to build this out. So what is the timeline for the rollout compared to some of those other places? So the first five g. phones, there's talk that they'll be coming up in the next year in two or three years. There's talk that some of the networks will be commercial ready to move into this internet of things. These machines at talk to one another will be out in the market. You know, what's the broader timeline? Well, eleven folks in the industry. Talk about a five year rollout and even more broadly that each of the past generations. Of wireless technology. Three g four g each of those generations has been about a decade. So maybe that kind of order of magnitude Scott Tong. It's a marketplace reporter and our former China correspondent tomorrow on the show. We'll talk about the tension between companies who want to roll out five g. infrastructure and the cities who want some say in that process. And now for some related links? No. The new pixel phones that Google announced yesterday are not five g. enabled. That's not a knock. I'm just pointing it out because it's related. But Google did announce its own new smart speaker with a display attached. It does have built in YouTube. So if you like so many people use your smart speaker as a kitchen device, you now have kind of a little kitchen TV. Also, unlike Amazon's echo show and the newly announced Facebook portal, the Google home hub does not have a camera built in. So other than collecting all your data, it's maybe a little more private. Now I ran a little Instagram pole earlier this week to see how people felt about the portal, the echo, the Google smart speakers, and even apples kind of sort of Syrian abled home pod, and people were not that enthusiastic. So let's increase the sample size Email me. Are you into smart speakers in general, or do you think they're the world's cleverest. National voluntary in-home wiretap. And does a screen or a camera make a gadget like this more of a must have or more of a? No. Thank you. Never in a million years kind of thing. MP tech at marketplace, dot org is my Email address, and this will be part of a conversation later this week. Also I got a great Email from sell about how he loves to listen to marketplace tech and make me smart with his teenage daughter. But he said she asked him, why does she always say she's a nerd for being smart? He writes, I didn't know how to answer that, but unconsciously, you're saying all the young girls in the world. If you're smart, you're nerd. There are so few girls in the stem field and you've done numerous stories on this subject. I love it that you're smart and educate all of us on a daily basis. You are a leader to all the young girls in the world. So please stop saying you're a nerd. Thanks for the Email, Chris, and that was super interesting because I guess I thought it was a good thing, like owning it reclaiming the term I like being a nerd, but now I'm gonna think on it some more because you make a good. Point I'm Ali would, and that's marketplace tech. This is APN.
"twelve trillion dollars" Discussed on WCBM 680 AM
"Start out by explaining wanted etf actually is in how it works the acronym etf stands for exchange traded fund it is an investment vehicle that you can use to invest in the stock and bond markets the is heavily linked to the idea of index investing i'm going to explain that in a little bit too which means it's a method where the investment vehicle attempts to mirror a particular index let let's say like the s and p five hundred or the dow as opposed to managing the investment to beat out perform the index according to invest appeal and gary gas snow the author of the exchange traded funds manual the first real attempt at anything resembling an etf was the launch of the index participation shares for the s and p five hundred in nineteen eighty nine however the next attempt to follow three years later with deterrent detoro stock exchange the investment was called the toronto thirty five index participation units which tracked the toronto stock exchange thirty five index another three years later the american stock exchange released the s and p five hundred depository receipt which was called the spd dr or spider it became very popular and then remains to this day as one of the most actively traded to this day as it became clear that the investing public had interest in this idea of index or passive investing the industry exploded rather quickly from one atf and nine thousand nine hundred ninety three the market grew to one hundred and two funds by two thousand to nearly a thousand by the end of two thousand nine and over fourteen hundred by the end of december two thousand eleven with over one point one trillion dollars worth of wealth accumulated in these investment vehicles now that in comparison to at the time the mutual fund industry is quite small as a mutual fund industry had nearly twelve trillion dollars of assets pulled away but how does it work more we're gonna take pick that up we're coming up on a break again again this is rod beryllium here every week on wonderful wcbs i'm here to offer you safe retirement solutions give you a little bit of advice a little bit of information and some tips on how to achieve a safe and successful retirement income plan my local phone number again if you want to schedule your complimentary visit all you have to do is pick up your phone and give me a call my local number is four ten to six six one one two.
"twelve trillion dollars" Discussed on News & Talk 1380 WAOK
"The x y z generation one of them were forty i'm a each state did go and the ones that we need a why they won't stay stay well by lauda university law we go get paid man no question who's gonna who's gonna make them pay the money like what arm is going to march into europe and martin to the vatican and march to the queen and made them pay up this twelve trillion dollars well according to what's going on america go have to pay me my brother in law tribulations all right by twenty twenty four oh unless they paid okay just sit back you're what you're seeing the best of bowl also you you said you wanna take it and get it in gold bullion but but most nations on earth no longer use the gold standard so would they declare gold worthless today after they give you twelve trillion dollars in gold well what would you won't you won't some money with what the white man pitch on it that they could call worthless they can just call they call gold worthless at any given time you know we used to trade in salt now salt is abundant and his worthless so what what will make gold any different couldn't they just declared goal worthless today after they give it to you and i just got a bunch of rocks i mean that's one of the majority nations majority of what a lotta touches trading and go that's what got the doctors you but that's all they gotta do at one point in time by trade in silver then they decided not to all the i do say no gold worthless tomorrow when there's not you can't eat it you can't build it so what are you gonna do if all the gold you guys got you got apollo roxette in there well we can work on some manage man with the fight where's your bitcoin or whatever they got doubt by by a court of law call they got the man okay so as we don't have an army to enforce it we don't have a landmass where we can administer it to us we don't have a free and independent the country we don't control the financial system where we could actually enforce any money they gave to us or anything they gave us they could declare it worthless the next day he would have got nothing other the whole thing so i'm not quite sure how this plan is going to work and where where's that going to take us not to mention the fact that they just ain't gonna do it up and said how exactly gonna make them do it he was going to say please give me twelve trillion dollars going to say you know you're right i'm sorry about all this stuff we did here's all the money that we had and congratulations and we'll we'll just sit here on the side you know the us pins the you'll just pay passed a seven hundred billion dollar military defense bill the make sure that china can't come get their money you think they're just gonna give us the money where they have he'll be forced to buy vital mall call my brother okay the four hundred a year years is up man wants to see man i know you you make me acord okay by human rights violations we must be a rep rep ray reparations we must be give me they got to pay for what they have done the people in america handed the planet man but as i say you said to america and the planet the problem is that then don't the indians who are occupied by the british don't they have a claim the vietnamese occupied by the french the aborigine in south america in australia new zealand the china who was colonized by the british the entire african continent the entirety yourself america every native american tribe here year in the us soon they all also been compensated by the european been wrong we'd be compensated for look you look at right now in the care cabbie countries they gotta play going on that what you know it or not so just sit back to why we won't be on the board administration this man don't you pay i talk your way out you bought it a products we all in this together take all of you own aboard navy all y'all all all right look i disagree you if you wanted something being owed is just a question of how exactly that will be administered.
"twelve trillion dollars" Discussed on WCPT 820
"Yes he's stabilized he did he and he rescue the auto industry but the way we will go about it you know what i mean he was giving out like whatever credit and you know you know what you know how he did it i don't know i i did it with with a great deal of savvy yeah well well i mean he did his way i think the berlin the important thing is he did it okay you say lousy economy but don't give him credit for the job market being down to four percent you know what i'm saying we all we basically economists say we have full capacity when it comes to jobs don't you you can't give him credit for that what he did give him credit for what he did but he also also give him credit for putting twelve trillion dollars on the death and that's another comparison i wanna make you talking about he's talking about trump blew out though the bottom to the economy would a three and a half he put twenty true onto the day we were at eight trillion on the debt with bush he put twelve tree on the debt and y'all all trump for three and a half art berlin thanks i can't argue i you know you can't argue clearly a trump supporter you know i mean i wonder wonder how well he's doing financially should've asked him i should've kept him on a guess but you know come on the this administration is doing everything it can to over blida rate the obama legacy everything that president obama did for the good of this country including its reputation and clothing the good that it did with our allies trump is destroying he is doing his best to destroy everything obama and that's been the mission of republicans since the day or bama was elected you know what they did on inaugural night they met and vowed to try to make him a one term president they failed they failed there are still people out there including this president and.
"twelve trillion dollars" Discussed on KHNR 690AM
"Barack obama barack obama the president who offered all of america free healthcare and free welfare and free food stamps and put out free college tuition and free contraceptives barack obama the democrat who took this notion that government will take care of you and government will give you everything and it's all three barack obama the parent who said yeah you can eat as much candy as you want it's free the responsible parent barack obama the responsible parent wedded like twelve trillion dollars to our debt by giving away free stuff that's responsible college should be free healthcare should be free contraceptives should be free welfare food stamps it's all there for the taking housing credits free it's all there that's responsible.
"twelve trillion dollars" Discussed on KFI AM 640
"Kfi am six forty well there is no question that we living in a world in disarray and that a lot of the conditions that we are facing today on bought about in large part by the withdrawal and incremental withdrawal the a foreign policy from the obama administration and so we're living in a world very different from the world in the past in part because the trump administration has inherited some very awkward and particularly situations these situations i mean what's happening now i mean i'm i'm beginning to feel tension between russia china us it seems like there's an alliance between china and russia they're getting closer and closer that's not a good thing what's happening herb under the table that a lot of americans reason the wall they're always rivalries the question is competition doesn't necessarily lead the conflict well we've got to do is to manage the competition without bringing ourselves to the brink of war in the case of china it's very important to understand the chinese game plan and let me put it in some context the chinese recognize the fact that they are the middle kingdom in asia or at least they think they are all nations the thirty six thirty six nations that's around china are regarded as the periphery china sees itself as the center the chinese are attempting to create their version of a contemporary silk road the one band one belt one road concept which would give them commercial advantages in the future as a consequence the chinese do not want war what they want is to maintain the position they're in and to see it grow if you look at the gdp of china today it's about twelve trillion dollars the gdp of the united states about eighteen trillion dollars you know you gotta give china credit for coming along as fast as they have oh it's remarkable it really is i mean i do give them credit but i i wanna make a point here between the two two nations united states clearly has advantages it's growing more rapidly because you can't believe the chinese statistics but the one thing that is very important to note is the chinese rely on stem science technology and we relied very heavily on facebook and a lot of nonsense our economic growth is related to communications and exchanges their economic growth is related to engineering and.
"twelve trillion dollars" Discussed on 710 WOR
"There's no question that we are living in a world in disarray and that a lot of the conditions that we are facing today brought about in large part by the withdrawal and incremental withdrawal the of a foreign policy from the obama administration and so we're living in a world very different from the world in the past in part because the trump administration has inherited some very awkward and particular situations and with these situations i mean what's happening now i mean i'm i'm beginning to feel tension between russia china us it seems like there's an alliance between china and russia they're getting closer and closer that's not a good thing what's happening herb under the table that a lot of americans just eyeball reason the wool they're always rivalries the question is competition doesn't necessarily lead the conflict well we've got to do is to manage the competition without bring ourselves to the brink of war and the case of china it's very important to understand the chinese game plan and let me put it in some context the chinese recognize the fact that they are the middle kingdom in asia or at least they think they are all nations the thirty six thirty six nations that surround china all regarded as the periphery china sees itself as the center the chinese are attempting to create their version of a contemporary silk road the one band one belt one road concept which would give them commercial advantages in the future as a consequence the chinese do not want war what they want is to maintain the position they're in and to see it grow if you look at the gdp of china today it's about twelve trillion dollars the gdp of the united states is about eighteen trillion dollars but you know you gotta give china credit for coming along as fast as they have always remarkable it really is i mean i do give them credit but i i wanna make a point here between the two two nations the united states clearly has an advantage it's growing more rapidly because you can't believe the chinese statistics but the one thing that is very important to note is the chinese reliance that is science technology and we relied very heavily on facebook and a lot of nonsense.
"twelve trillion dollars" Discussed on WGIR-AM
"And the answers that wall street has for us i'm sorry you're just not answers they're not answers i accept no when i think that you know that isn't to say that people in retirement shouldn't have money in the market yeah i mean you had i don't know ten twelve trillion dollars move into the market between two thousand or between nineteen eighty and two thousand and the vast majority of that came from baby boomers saving for their retirement and that's really what sort of drove the market values to what they are today i mean when you're looking at a a market where a you know there's interest it's this thing with facebook recently as as interested me over the last two days facebook has lost more market value then ford motor company is the entire company is valued at all right let's think about that let let's think about that i mean ford motor company which has tons and tons of capital invested right they have real value real assets right there there there are machines there is their factories there there's this network of of dealerships there's there's all of the offshoots they're they're pretty little properties saone there's the there's the finance you know ford motor company financial and all that stuff i mean when you consider the assets that that company has and it's total value is less than facebook lost in the last two days there's something wrong with the way markets are held value i think now i might be warning about this but it it goes against everything that that i learned when i was in in business school i think the world's upside down in this era well this new territory with online companies yeah and you know and then you go through this whole period of time worth billions of dollars were made and lost and in this inane climate in the nineties of you don't really need prophets to sustain you know who needs prophets you know you just need you just need to go public right that's exactly right i mean that's what it was.
"twelve trillion dollars" Discussed on Marketplace All-in-One
"When the economy literally doesn't work for everyone then the economy doesn't work and we've seen some we've seen some some data points to that effect there's a pretty recent study that says that gender equality would add twelve trillion dollars to the global economy the economic policy institute put out a report just last month actually looking at sort of fifty years after this kerner commission report which looked at racial and wealth inequality in america and said that it's you know marketplace did some reporting on this as well it is still happening that the the racial inequality and the wealth gap is still extreme in this country so you know what's interesting actually and now that the tax law not tax bill but now that the tax law is in effect and we are seeing people are seeing some of the benefits of it in their paychecks companies are repatriating money as you mentioned all of those things it is interesting to see what the the perceived effect is of economic policy at the national level trickling down to people in their pocketbooks as the economy seems to be doing pretty well right and now what is happening with those things like economic inequality and on not saying we have the internet right but this is something that's in the news right now but which is gonna play out over the next eighteen months to three ish years right what economic policy that's going into place now is gonna mean in terms of some of the big issues whether capitalism works whether inequality is is being i was about say whether inequalities being equally distributed what i meant was whether the income inequality gap is narrowing or widening right all of those things are playing out sort of in real time and the challenge honestly for those of us mulling i don't know how you feel about this in in in tech and and sort of the stuff that you really focus in on closely but the the cia i was thinking about this the other day the challenge is for those of us who are in the news every single day is to not get lost in the moment but to say listen in six months we need to revisit this we need to revisit the tax law we need to revisit the north korean negotiators we need to revisit whatever it is and say listen what actually is the longterm effect of what is.
"twelve trillion dollars" Discussed on AM 970 The Answer
"Briefly one minute ago the prevalence rates tweeted from bush one to present our country capitals he has lost more than fifty five thousand factories six million manufacturing job in accumulated trade deficits of more than twelve trillion dollars last year we had a trade deficit of almost eight hundred billion dollars bad policies and leadership capital be capital p cabral l must win all caps on went again hashtag maga this is not the way to win this is the way to lose it was actually the way to lose the elections it also way to lose four percent growth across the board tariffs do not work his economic advisor on this is the charming an affable no growth democrat peter navarro i wish anyone listening inside the beltway right now which somebody please go talk to peter about his rhetoric about developers like donald trump when he was running for mayor of san diego in the 90s or when he was running for congress in san diego as a left wing democrat with hillary clinton campaigning for him in the ninety then peter vanish into obscurity i summer uh in orange county sat next to the crosby stills nash and young concert and very top road the pond suave didn't dopesmokers it rose to the top of the uh uh arena great great great concert and peter is very wonderful night sky egypt at no lick about trade done no elect about this stuff he just needs some attention and you you get into a conversation about trade with peter navarro in real economists like john hoover a john taylor of hoover are going to roll their eyes austin goals be at the university of chicago so you got taylor from the right goals be from your everybody's roller is it there's jerry coun serious economists serious business people peter navarro is an academic at a political lefty a political activist nogrowth they're not gonna get no growth any bit pond everyone in the white house outta went wilbur ross is pick and what brought the naive about this either in charge of exports she wants to get his export totals up by at by stopping imports and it just causes inflation look i am from the steel town copper well republic the the us steel you name it all those meals are closed and they have been closed since the '60s right they began to close in the '60s and never gone by the end of the seventy and.
"twelve trillion dollars" Discussed on KDOW
"We do student loans and sell car that's it we manufacture very little we also are all our jobs the consumer is not doing fantastic how can you say the consumers to and fantastic when hall's hole debt which arkansas earth at the highest ever at twelve trillion dollars and they're talking and they are working for chart to check hey check the paycheck we never had so many people working two and three jobs this is all nonsense but as long as the stock market keeps going up they can sell that they can say anything and we will but we've because people really think the stock market is the economy and as long as they keep that fake narrative going and as long as they keep printing money and as long as ceos are tied their compensation i do stocks how high their stock does that's how they get compensated this stock market will keep going and people keep believing the economy is terrific but people also be saying i don't feel it i don't feel it i know i go shopping every seri down the public's was big supermarket i love going shopping for my wife because i get to talk to everybody that average says the same thing to me i don't feel this well i hear on cnbc infarction i don't feel it because it's not happening for them it's all mehta earnings your strong they say frankly when we look at economic growth it still looks pretty solid earnings growth folks robust no earnings growth is not robust we're he earnings growth coming from a handful of stocks you have the thank stops there that's where most of the growth is coming from four stocks at apple and microsoft and that's where it is think.
"twelve trillion dollars" Discussed on LA Talk Radio Channel 1
"Mean it goes on and on and on and on and on hundreds of cryptocurrencies and there there's hundreds of new ones being created every single day there's pumping dumps and then there's there's crypt as that are that have great potential that have whatever application networks whatever okay so cryptocurrencies i believe personally are the answer to a new global monetary system be cuts for the first time in history we are not being governed by centralized government number one number two the cryptocurrencies in another shell their value is one hundred percent based off of the people's faith now i understand that's the same thing is a fiat currency moneybased our people's faith but here's the difference free art is money based off people's faith while it's being inflated well cryptocurrencies have what's called a market cat this is something that a centralised currency knows nothing of we don't know what a fucking market cap is skewed by like we don't know what a market cap is when we're printing twelve trillion dollars year and that's what we're printing house about twelve trillion dollars a year if not a little bit more when we when it comes to a market cap that means that there is literally an algorithm that's an unbreakable in unbreachable algorithms that says once this amount of coins is created no more will be created so with bitcoin it's twenty one million and it's supposed to worshippers they said you know the algorithm says in the year two thousand one hundred forty that will be the last year the last bitcoin is created but at that point it's going to be worth so much money no why that's the thing why is it gonna be worth money will get into that later tensor question how is that a solution it's a solution.
"twelve trillion dollars" Discussed on Bloomberg Radio New York
"On existing employees thank you courtney and now we're going to continue our coverage of the bloomberg love business forum with an interview between bloomberg's francine look wall and paul palmer the ceo of unilever who spoke about the company's commitment to sustainability stds themselves up busy as they as an objective that everybody subscribes to what's this to every forcibly eradicate poverty in the next fifteen years and do that in a more sustainable an equitable way so you will not be surprised that i haven't found any co either or would not subscribe to that of yet the challenge is that seventeen goals aren't at sixty nine to really internalize that into a business model that's where the difficult kiss we've created a commission the business unsustainable welcomes to xe help explain it to the business community goal simply was two weeks about a thousand ceo and we more or less chief showing them the enormous benefits of integrating the sustainable development goals into that business strategies we reckon this looking at four areas food that lens use energy cities and health and wellbeing this four areas that that it was an opportunity of about twelve trillion dollars that can be a lock three hundred eighty million votes that can be generated and then obviously depending on each of the businesses and business models whether you focus on and wits goal do you you'll ever it's if you want to but the opportunities that we have is enormous and it is really an ankle see to some extent bed we are at a point business community also on the stance that not acting will actually cost more than excellent still so either industry companies that trade and as.
"twelve trillion dollars" Discussed on Bloomberg Radio New York
"Workers this holiday season relying on existing employees thank you courtney and now we're going to continue our coverage of the bloomberg level business forum with an interview between bloomberg's francine look wall and paul palmer the ceo of unilever who spoke about the company's commitment to sustainability cds themselves busy as they as an objective that everybody subscribes the what's his every forcibly eradicate poverty in the next fifteen years in a more sustainable an ethical so you will not be surprised that i haven't found any co either who would not subscribe to that the challenge is that seventeen goals at sixty nine five to really internalize that into a business model that's where the difficulty as we've created a commission the business unsustainable thomas to actually help explain it to the business community goal simply was two weeks about a thousand ceo and we more or less chief showing them the enormous benefit of integrating the sustainable development goals into their business strategies we reckon this looking at four areas food at lens use energy cities and health and wellbeing this four areas that that it was not with unity of about twelve trillion dollars that can be a lock three eighty million votes that can be generated and then obviously depending on each of the businesses and business models whether you focus on and wits goal lu lu you'll ever it's if you want but the opportunities that we have is enormous and it is really an ankle seek to some extent that we are at the point business community also on the stance that not acting will actually cost more than excellent during this rules are companies that trade and as a message oh absolutely i always say that assad was leadership from the top dislike the fist routes from the half and people need the internalized 4wheel leaders are the ones that not.
"twelve trillion dollars" Discussed on The Young Turks
"You whose more powerful the ceos and executives in the lobbyists that give hundreds of billions of dollars to the politicians to set the rules on their behalf or the guy just across the border who affects your wages lore are you insane of course is the people who are bribing i mean donating to politicians that's why your wages are low option yunus chart before these divergent night he seventy productivity and wages were going along excellent so far since then productivity america productivity has been excellent the like continues to skyrocket but your wages flat line the difference between those two lines is twelve trillion dollars it didn't go to mexican immigrants it went to the riches people the country wakeywakey all of this is fear mongering and try to get you to go in the wrong direction well why don't we break and and come back we've got some updates on a hurricane harvey in the relief effort we're breaking everybody and later in the show um this story about how you could buy verification on instagram is amazed ball i love that story that was i did not know that i love sharing makes me sick it's too expensive what you had to pay right i like that old school sorry about us drop it.