Search results “Trade is good for the economy”
Is Free Trade Bad For The Economy?
» Subscribe to NowThis World: http://go.nowth.is/World_Subscribe "The Da Vinci Code" brought attention to a little known Catholic institution, Opus Dei, yet some think the book negatively portrays it. So, what is Opus Dei? Learn More: Beatification Brings Opus Dei Into the Open http://www.nytimes.com/2014/09/27/world/europe/beatification-portillo-opus-dei.html?_r=0 "Beyond reverence, there is always a hint of mystery, even politics, at play whenever the Roman Catholic Church decides to advance someone toward sainthood." Controversy Over Opus Dei http://abcnews.go.com/US/story?id=93081&page=1 "When teenage "Julie" told her spiritual director she was thinking about leaving Opus Dei, she says she was told she would never be happy and would go to the devil if she did." Opus Dei http://www.bbc.co.uk/religion/religions/christianity/subdivisions/opusdei.shtml "Opus Dei is a Catholic organisation with around 85,000 members worldwide and about 500 members in the UK." Watch More: How Powerful Is The Vatican? https://www.youtube.com/watch?v=Ga1Rg0VGC3Y&list=UUgRvm1yLFoaQKhmaTqXk9SA _________________________ NowThis World is dedicated to bringing you topical explainers about the world around you. Each week we’ll be exploring current stories in international news, by examining the facts, providing historical context, and outlining the key players involved. We’ll also highlight powerful countries, ideologies, influential leaders, and ongoing global conflicts that are shaping the current landscape of the international community across the globe today. More from NowThis: » Subscribe to NowThis News: http://go.nowth.is/News_Subscribe » Like NowThis World on Facebook: https://go.nowth.is/World_Facebook » Connect with Judah: Follow @judah_robinson on Twitter – Facebook: http://go.nowth.is/LikeJudah » Connect with Versha: Follow @versharma on Twitter – Facebook: http://go.nowth.is/LikeVersha http://www.youtube.com/nowthisworld Special thanks to Lissette Padilla for hosting TestTube! Check Lissette out on Twitter:https://twitter.com/lizzette
Views: 192859 NowThis World
Why International Trade and Investment Are Good for the US Economy: A Story in Eight Charts
Cross-border trade and investment are an important source of economic growth. Consumers enjoy greater access to cheaper, higher-quality, and more varied goods. Increased trade creates higher-paying jobs and leads the most productive firms and industries to innovate and raise standards of living worldwide. This doesn’t mean every single person will be better off, but on balance, the benefits from international trade and investment outweigh the costs. The benefits to the US economy are narrated and visualized through eight charts, focusing on the significant expansion of trade and investment in past decades, the benefits to workers in export-intensive industries, the changing nature of trade in a globalized economy and the positive role of multinationals, how trade relates to overall unemployment, and trends in US manufacturing. This video is part of an effort by the Peterson Institute for International Economics to invigorate its dissemination of reliable economic data and analysis to the broad public on important issues of general interest. Narration and Charts: Cathleen Cimino Animation and Sound: Daniel Housch and Jeremey Tripp
Views: 13607 PetersonInstitute
Are Trade Deficits Good Or Bad For The Economy?
Yaron Brook answers a question from Barbara: "Is a trade deficit good or bad for the economy?" www.laissezfaireblog.com
Views: 13179 Ayn Rand Institute
Globalization and Trade and Poverty: Crash Course Economics #16
What is globalization? Is globalization a good thing or not. Well, I have an answer that may not surprise you: It's complicated. This week, Jacob and Adriene will argue that globalization is, in aggregate, good. Free trade and globalization tend to provide an overall benefit, and raises average incomes across the globe. The downside is that it isn't good for every individual in the system. In some countries, manufacturing jobs move to places where labor costs are lower. And some countries that receive the influx of jobs aren't prepared to deal with it, from a regulatory standpoint. Anyway, Jacob and Adriene can explain the whole thing to you in 10 minutes. *** Crash Course is on Patreon! You can support us directly by signing up at http://www.patreon.com/crashcourse Thanks to the following Patrons for their generous monthly contributions that help keep Crash Course free for everyone forever: Mark, Eric Kitchen, Jessica Wode, Jeffrey Thompson, Steve Marshall, Moritz Schmidt, Robert Kunz, Tim Curwick, Jason A Saslow, SR Foxley, Elliot Beter, Jacob Ash, Christian, Jan Schmid, Jirat, Christy Huddleston, Daniel Baulig, Chris Peters, Anna-Ester Volozh, Ian Dundore, Caleb Weeks -- Want to find Crash Course elsewhere on the internet? Facebook - http://www.facebook.com/YouTubeCrashCourse Twitter - http://www.twitter.com/TheCrashCourse Tumblr - http://thecrashcourse.tumblr.com Support Crash Course on Patreon: http://patreon.com/crashcourse CC Kids: http://www.youtube.com/crashcoursekids
Views: 632694 CrashCourse
Imports, Exports, and Exchange Rates: Crash Course Economics #15
What is a trade deficit? Well, it all has to do with imports and exports and, well, trade. This week Jacob and Adriene walk you through the basics of imports, exports, and exchange. So, you remember the specialization and trade thing, right? So, that leads to imports and exports. Economically, in the aggregate, this is usually a good thing. Globalization and free trade do tend to increase overall wealth. But not everybody wins. Crash Course is on Patreon! You can support us directly by signing up at http://www.patreon.com/crashcourse Thanks to the following Patrons for their generous monthly contributions that help keep Crash Course free for everyone forever: Mark, Eric Kitchen, Jessica Wode, Jeffrey Thompson, Steve Marshall, Moritz Schmidt, Robert Kunz, Tim Curwick, Jason A Saslow, SR Foxley, Elliot Beter, Jacob Ash, Christian, Jan Schmid, Jirat, Christy Huddleston, Daniel Baulig, Chris Peters, Anna-Ester Volozh, Ian Dundore, Caleb Weeks -- Want to find Crash Course elsewhere on the internet? Facebook - http://www.facebook.com/YouTubeCrashCourse Twitter - http://www.twitter.com/TheCrashCourse Tumblr - http://thecrashcourse.tumblr.com Support Crash Course on Patreon: http://patreon.com/crashcourse CC Kids: http://www.youtube.com/crashcoursekids
Views: 880614 CrashCourse
Economic Development: Last Week Tonight with John Oliver (HBO)
State and local governments offer large financial incentives to attract employers to their part of the country. John Oliver explains what communities get, or often don't get, in return.  Connect with Last Week Tonight online... Subscribe to the Last Week Tonight YouTube channel for more almost news as it almost happens: www.youtube.com/user/LastWeekTonight Find Last Week Tonight on Facebook like your mom would: http://Facebook.com/LastWeekTonight Follow us on Twitter for news about jokes and jokes about news: http://Twitter.com/LastWeekTonight Visit our official site for all that other stuff at once: http://www.hbo.com/lastweektonight
Views: 6647749 LastWeekTonight
The Economics of Immigration: Crash Course Econ #33
Is Immigration good or bad? Immigration is a touchy subject in the United States. The 2016 election has been filled with debate about the subject, and both proponents and opponents have lots of reasons for their stance. But, this is a show about economics, and when it comes to the effects of immigration on economies, there is actually a lot of consensus. It turns out, immigration is economically beneficial. Crash Course is on Patreon! You can support us directly by signing up at http://www.patreon.com/crashcourse Thanks to the following Patrons for their generous monthly contributions that help keep Crash Course free for everyone forever: Mark, Eric Kitchen, Jessica Wode, Jeffrey Thompson, Steve Marshall, Moritz Schmidt, Robert Kunz, Tim Curwick, Jason A Saslow, SR Foxley, Elliot Beter, Jacob Ash, Christian, Jan Schmid, Jirat, Christy Huddleston, Daniel Baulig, Chris Peters, Anna-Ester Volozh, Ian Dundore, Caleb Weeks Want to find Crash Course elsewhere on the internet? Facebook - http://www.facebook.com/YouTubeCrashCourse Twitter - http://www.twitter.com/TheCrashCourse Tumblr - http://thecrashcourse.tumblr.com Support Crash Course on Patreon: http://patreon.com/crashcourse CC Kids: http://www.youtube.com/crashcoursekids
Views: 331999 CrashCourse
Expanding trade can be good for our economy: Furman
Former President Obama chief economic adviser Jason Furman on President Trump's trade negotiation strategy.
Views: 489 Fox Business
What do I do? Full-time independent stock market analyst and researcher: https://sven-carlin-research-platform.teachable.com/p/stock-market-research-platform Check the comparative stock list table on my Stock market research platform under curriculum preview! I am also a book author: Modern Value Investing book: https://amzn.to/2lvfH3t More about me and some written reports at the Sven Carlin blog: https://svencarlin.com Stock market for modern value investors Facebook Group: https://www.facebook.com/groups/modernvalueinvesting/ In this week's stock market news we discuss the impact of trade tariffs and what a global trade war would mean for stocks, will it be the trigger that will crash stocks. Also why an upbeat economy and economic growth above expectations isn't good for stocks. We discuss the S&P 500, Canadian stocks, European index and why emerging markets usually fall the most.
Warren Buffett & Jamie Dimon: Stopping Short-Termism, Economy and Trade (2018)
An interview with billionaire and CEO of Berkshire Hathaway, Warren Buffett, and JPMorgan Chase CEO, Jamie Dimon. In this interview, the gentlemen discuss how they are planning on stopping short termisn in the markets and why. They also talk about the state of the economy and give their views on trade. Books on Warren Buffett and Jamie Dimon, including their favourite books are located at the bottom of the description❗ Like if you enjoyed Subscribe for more:http://bit.ly/InvestorsArchive Follow us on twitter:http://bit.ly/TwitterIA Other great Stock Market Investor videos:⬇ Ray Dalio on Hedge funds, Success and Life/Work: http://bit.ly/RDVid1 Charlie Munger on Common sense and Investing:http://bit.ly/CMVid1 Billionaire James Simons: Conquering Wall Street with Mathematics:http://bit.ly/JSVidIA Video Segments: 0:00 Introduction 0:50 Why is this such an important move? 2:08 Where have you seen it gone wrong? 3:05 Have you seen this playout the wrong way? 4:28 What does this mean in practice? 5:43 How could you do this a J.P Morgan? 7:04 What do you want to hear from companies? 8:33 Views on the economy? 11:05 The stock market looks affordable? 11:39 You are still buying stocks? 12:03 How big a problem is Italy? 13:28 Will the Euro be here in 5/10 years? 15:32 Have you had trouble when finding employees? 18:09 Thoughts on trade? 21:10 Made progress in healthcare? 22:56 Have you heard from employees on healthcare? 24:40 Are you going to run for president? 25:02 Business leaders in government is a good thing? 27:27 Bitcoin? 27:48 Uber? Warren Buffett Books 🇺🇸📈 (affiliate link) The Snowball: Warren Buffett and the Business of Life:http://bit.ly/TheSnowball The Essays of Warren Buffett:http://bit.ly/TheEssaysofWB Tap Dancing to Work: Warren Buffett on Practically Everything:http://bit.ly/TapDancing Warren Buffett's Favourite Books🔥 The Intelligent Investor: The Definitive Book on Value Investing:http://bit.ly/TIIBG Security Analysis: Sixth Edition:http://bit.ly/Securityanalysis Common Stocks and Uncommon Profits and Other Writings:http://bit.ly/CommonStock Jamie Dimon Books 🇺🇸📈 (affiliate link) Last Man Standing:http://bit.ly/LastManStandingJD Jamie Dimon’s Favourite Books🔥 Undaunted Courage:http://bit.ly/UndauntedCourage A Short History of Nearly Everything:http://bit.ly/SHONEBB The Intelligent Investor:http://bit.ly/TIIBG Security Analysis:http://bit.ly/Securityanalysis Sam Walton: Made in America:http://bit.ly/MadeInAmericaJB Interview Date: 7th June, 2018 Event: Squawk Box Original Image Source:http://bit.ly/WBJDPic Investors Archive has videos of all the Investing/Business/Economic/Finance masters. Learn from their wisdom for free in one place. For more check out the channel. Remember to subscribe, share, comment and like! No advertising.
Views: 4814 Investors Archive
Learn Why Trade Has a Positive Impact on Jobs and the Economy
Take action here to help US manufacturing thrive in the global economy: http://bit.ly/12UVZkX
Views: 2366 NAMvideo
Trump takes credit for the good economy. Here's what economists say
Unemployment is down, the GDP is growing at over 3 percent, the stock market hits record highs nearly every day and President Trump says it's a function of his policies. Does he deserve the credit? Economics correspondent Paul Solman reports.
Views: 352123 PBS NewsHour
(EU4) 12 Ways to Improve Your Economy Without War or Trade
Here's a guide on how to improve your economy.
Views: 301987 darkfireslide
EU and Global Trade - real economy
In just a few years 90 percent of the world's demand will be from outside Europe. So this edition of Real Economy explores the world of trade, and deals with our largest and emerging partners across the world. Now if you are wondering why we are talking about global trade, think about the fact that Europe's free trade agreement could potentially add 275 billion euros to the EU's GDP. That is like adding a country the size of Austria or Denmark to the economy. It would also mean an additional 2... READ MORE : http://www.euronews.com/2014/05/06/eu-and-global-trade What is in the news today? Click to watch: http://eurone.ws/1kb2gOl euronews: the most watched news channel in Europe Subscribe! http://eurone.ws/10ZCK4a euronews is available in 14 languages: http://eurone.ws/17moBCU In English: Website: http://www.euronews.com/news Facebook: http://www.facebook.com/euronews Twitter: http://twitter.com/euronews Google+: http://google.com/+euronews VKontakte: http://vk.com/en.euronews
Views: 6000 euronews (in English)
Fed Claims Economy Is Great...Which Means Prepare For A Crisis!
The Fed is patting itself on the back. Its manipulation of the economy has put it "in such a good place." Have they really done it? Does central planning work? Of course not! A serious financial crisis is ahead.
Views: 13719 RonPaulLibertyReport
Growing trade deficit could be good sign for US economy
CNBC's Steve Liesman discusses why a larger trade deficit could be a good sign for economic growth, after the U.S. trade deficit just posted its biggest monthly increase in nearly three-and-a-half years
Views: 821 CNBC Television
The China trade war risks to the economy, Trump's 2020 hopes
Dow Jones Newswires Editor Glenn Hall, Savills Studley Chief Economist Heidi Learner and FBN's Charlie Gasparino on U.S. trade tensions with China, the economy and President Trump's 2020 efforts.
Views: 6062 Fox Business
The deceptive promise of free trade | DW Documentary
Global trade is a hot topic of the G7 summit in Canada. Is free trade truly free - and fair? What roles do US President Trump, economic powerhouse China, and the EU play in global trade? When it comes to global trade, it would seem that trickery, threats and deception are the order of the day - yet all this takes place largely beyond the reach of the public eye. Donald Trump has made "America First” his agenda and rallying cry. Along with aiming sharp criticism at global export champion Germany, Trump has also introduced punitive tariffs and warned of further measures. Will this fresh wave of protectionism lead to economic isolationism and threaten global free trade? And what about those for whom free trade’s promise of prosperity increasingly rings hollow? Around the world, many people have come to regard themselves as the losers of globalization. If the true winners of free trade and globalization are not ordinary citizens, has the time come to revise the liberal orthodoxy of free trade? This documentary visits Germany, Switzerland, the United States and Cameroon to explore these issues by way of some everyday examples, including the trade in onions, floor tiles, and bicycles. _______ DW Documentary gives you knowledge beyond the headlines. Watch high-class documentaries from German broadcasters and international production companies. Meet intriguing people, travel to distant lands, get a look behind the complexities of daily life and build a deeper understanding of current affairs and global events. Subscribe and explore the world around you with DW Documentary. Subscribe to DW Documentary: https://www.youtube.com/channel/UCW39zufHfsuGgpLviKh297Q?sub_confirmation=1# For more documentaries visit: http://www.dw.com/en/tv/docfilm/s-3610 Instagram https://www.instagram.com/dwdocumentary/ Facebook: https://www.facebook.com/dw.stories DW netiquette policy: http://www.dw.com/en/dws-netiquette-policy/a-5300954
Views: 803964 DW Documentary
Milton Friedman - Free Trade In A Global Economy
Friedman looks at the opportunities presented by the global economy. http://www.LibertyPen.com
Views: 6610 LibertyPen
USA vs China: Trade War? - VisualPolitik EN
The risk of a large-scale trade war between the United States and China has never seemed as clear as it is now. Everyone knows that Donald Trump is a president who’s committed to protectionist policies. Perhaps that’s why his recent threats to China don’t surprise us: either decrease the trade deficit or the United States will respond with several tariffs. Now, is a commercial war good for the United States? Is the trade deficit such a great threat as Donald Trump states? Is China competing in an unfair way? How can the difference between imports and exports be reduced? We will tell you all about it today. And don't forget to visit our friend’s podcast, Reconsider Media: http://www.reconsidermedia.com/
Views: 411821 VisualPolitik EN
Understanding the International Economy: World Trade, World Bank (2002)
Soros had been building a huge position in pounds sterling for months leading up to September 1992. Soros had recognized the unfavorable position of the United Kingdom in the European Exchange Rate Mechanism. About the book: https://www.amazon.com/gp/product/1586482785/ref=as_li_tl?ie=UTF8&camp=1789&creative=9325&creativeASIN=1586482785&linkCode=as2&tag=tra0c7-20&linkId=3754bcbc6cdc5b55feb8f21a6b662402 For Soros, the rate at which the United Kingdom was brought into the European Exchange Rate Mechanism was too high, their inflation was also much too high (triple the German rate), and British interest rates were hurting their asset prices.[42] On September 16, 1992, Black Wednesday, Soros's fund sold short more than $10 billion in pounds,[35] profiting from the UK government's reluctance to either raise its interest rates to levels comparable to those of other European Exchange Rate Mechanism countries or to float its currency. Finally, the UK withdrew from the European Exchange Rate Mechanism, devaluing the pound. Soros's profit on the bet was estimated at over $1 billion.[43] He was dubbed "the man who broke the Bank of England".[44] The estimated cost of Black Wednesday to the UK Treasury was £3.4 billion.[45] On October 26, 1992, The Times quoted Soros as saying: "Our total position by Black Wednesday had to be worth almost $10 billion. We planned to sell more than that. In fact, when Norman Lamont said just before the devaluation that he would borrow nearly $15 billion to defend sterling, we were amused because that was about how much we wanted to sell." Stanley Druckenmiller, who traded under Soros, originally saw the weakness in the pound. "Soros's contribution was pushing him to take a gigantic position."[46][47] In 1997, during the Asian financial crisis, the prime minister of Malaysia, Mahathir bin Mohamad, accused Soros of using the wealth under his control to punish the Association of Southeast Asian Nations (ASEAN) for welcoming Myanmar as a member. Following on a history of antisemitic remarks, Mahathir made specific reference to Soros's Jewish background ("It is a Jew who triggered the currency plunge"[48]) and implied Soros was orchestrating the crash as part of a larger Jewish conspiracy. Nine years later, in 2006, Mahathir met with Soros and afterward stated that he accepted that Soros had not been responsible for the crisis.[49] In 1998's The Crisis of Global Capitalism: Open Society Endangered Soros explained his role in the crisis as follows: The financial crisis that originated in Thailand in 1997 was particularly unnerving because of its scope and severity.... By the beginning of 1997, it was clear to Soros Fund Management that the discrepancy between the trade account and the capital account was becoming untenable. We sold short the Thai baht and the Malaysian ringgit early in 1997 with maturities ranging from six months to a year. (That is, we entered into contracts to deliver at future dates Thai baht and Malaysian ringgit that we did not currently hold.) Subsequently Prime Minister Mahathir of Malaysia accused me of causing the crisis, a wholly unfounded accusation. We were not sellers of the currency during or several months before the crisis; on the contrary, we were buyers when the currencies began to decline—we were purchasing ringgits to realize the profits on our earlier speculation. (Much too soon, as it turned out. We left most of the potential gain on the table because we were afraid that Mahathir would impose capital controls. He did so, but much later.)[50] In 1999, economist Paul Krugman was critical of Soros's effect on financial markets. "[N]obody who has read a business magazine in the last few years can be unaware that these days there really are investors who not only move money in anticipation of a currency crisis, but actually do their best to trigger that crisis for fun and profit. These new actors on the scene do not yet have a standard name; my proposed term is 'Soroi'."[51] In an interview regarding the late-2000s recession, Soros referred to it as the most serious crisis since the 1930s. According to Soros, market fundamentalism with its assumption that markets will correct themselves with no need for government intervention in financial affairs has been "some kind of an ideological excess". In Soros's view, the markets' moods—a "mood" of the markets being a prevailing bias or optimism/pessimism with which the markets look at reality—"actually can reinforce themselves so that there are these initially self-reinforcing but eventually unsustainable and self-defeating boom/bust sequences or bubbles."[52] In reaction to the late-2000s recession, he founded the Institute for New Economic Thinking in October 2009. This is a think tank composed of international economic, business, and financial experts, mandated to investigate radical new approaches to organizing the international economic and financial system. https://en.wikipedia.org/wiki/George_Soros
Views: 2528 The Film Archives
Global Trade Is COLLAPSING as Economy Enters PANIC MODE! China Slowdown Accelerates!
LOOK THROUGH MY BOOKS! http://books.themoneygps.com SUPPORT MY WORK: https://www.patreon.com/themoneygps PAYPAL: https://goo.gl/L6VQg9 OTHER: http://themoneygps.com/donate ————————————————————————————————— MY FAVORITE BOOKS: http://themoneygps.com/books ————————————————————————————————— AUDIOBOOK: http://themoneygps.com/store STEEMIT: https://steemit.com/@themoneygps T-SHIRTS: http://merch.themoneygps.com ————————————————————————————————— Sources Used in This Video: https://goo.gl/UpprQe ————————————————————————————————— #stocks #invest #finance
Views: 24211 The Money GPS
DARKSTREAM: Trade war is good for the U.S. economy
Support the stream: https://streamlabs.com/voxdayvoxiversity Back the Alt★Hero: Q campaign: https://www.indiegogo.com/projects/alt-hero-q/x/19185338#/
Views: 3260 Darkstream by Vox Day
Productivity and Growth: Crash Course Economics #6
Why are some countries rich? Why are some countries poor? In the end it comes down to Productivity. This week on Crash Course Econ, Adriene and Jacob investigate just why some economies are more productive than others, and what happens when an economy is mor productive. We'll look at how things like per capita GDP translate to the lifestyle of normal people. And, there's a mystery. Crash Course is on Patreon! You can support us directly by signing up at http://www.patreon.com/crashcourse Thanks to the following Patrons for their generous monthly contributions that help keep Crash Course free for everyone forever: Mark, Jan Schmid, Simun Niclasen, Robert Kunz, Daniel Baulig, Jason A Saslow, Eric Kitchen, Christian, Beatrice Jin, Anna-Ester Volozh, Eric Knight, Elliot Beter, Jeffrey Thompson, Ian Dundore, Stephen Lawless, Today I Found Out, James Craver, Jessica Wode, Sandra Aft, Jacob Ash, SR Foxley, Christy Huddleston, Steve Marshall, Chris Peters Want to find Crash Course elsewhere on the internet? Facebook - http://www.facebook.com/YouTubeCrashCourse Twitter - http://www.twitter.com/TheCrashCourse Tumblr - http://thecrashcourse.tumblr.com Support Crash Course on Patreon: http://patreon.com/crashcourse CC Kids: http://www.youtube.com/crashcoursekids
Views: 817880 CrashCourse
China's trillion dollar plan to dominate global trade
It's about more than just economics. To learn more, visit https://reconnectingasia.csis.org/map/ Subscribe to our channel! http://goo.gl/0bsAjO China's Belt and Road Initiative is the most ambitious infrastructure project in modern history. It spans over 60 countries and will cost over a trillion dollars. The plan is to make it easier for the world to trade with China, by funding roads, railways, pipelines, and other infrastructure projects in Asia and Africa. China is loaning trillions of dollars to any country that's willing to participate and it's been a big hit with the less democratic countries in the region. This makes the BRI a risky plan as well. But China is pushing forward because its goals are not strictly economic, they're also geopolitical. To truly understand the international conflicts and trends shaping our world you need a big-picture view. Video journalist Sam Ellis uses maps to tell these stories and chart their effects on foreign policy. Vox.com is a news website that helps you cut through the noise and understand what's really driving the events in the headlines. Check out http://www.vox.com. Watch our full video catalog: http://goo.gl/IZONyE Follow Vox on Facebook: http://goo.gl/U2g06o Or Twitter: http://goo.gl/XFrZ5H
Views: 3246036 Vox
What limiting foreign trade would mean for the U.S. economy
President Donald Trump ran on a campaign promise that he would “put America first” by pulling out of multilateral trade agreements. But for many top industries, outsourcing in the global market is essential for business, not to mention vital to Americans’ standard of living. Is it feasible in the 21st century for America to go it alone? Economics correspondent Paul Solman reports.
Views: 5852 PBS NewsHour
Free Trade, Flaws of a Market Economy, International Monetary Fund: Joseph Sitglitz (2006)
The first major protest in Seattle, Washington against the World Trade Organization (WTO) and its role in promoting economic globalization came as a surprise to many, considering the positive impacts globalization was supposed to bring. About the book: https://www.amazon.com/gp/product/0393330281/ref=as_li_tl?ie=UTF8&camp=1789&creative=9325&creativeASIN=0393330281&linkCode=as2&tag=tra0c7-20&linkId=8f99f38c891c395fa4121f515b9a1fe3 According to Stiglitz, this was the first step in a widespread recognition that globalization was all "too good to be true." Along with globalization comes a myriad of concerns and problems, says Stiglitz. The first concern being that the rules governing globalization favors developed countries, while the developing countries sink even lower. Second, globalization only regards monetary value of items, rather than other factors involved; one being the environment. The next concern is how developing countries are controlled by globalization and the negative effects it can have on their democracies. Developing countries borrow a large amount of funds from other countries and the World Bank which essentially causes them to give up the benefits of their democracy because of the strings attached to the loan repayment. The fourth concern regarding globalization is the notion that it does not live up to its original expectations. Globalization was advertised to boost countries economically; however, it has not shown improvement in developed nor developing countries. Last but not least, the new system of globalization has basically forced a new economic system on developing countries. This new economic system is seen as the "Americanization" (Stiglitz, Page 9) of their policies as well as culture. This has caused quite a bit of resentment and financial damage. In addition to these concerns, Stiglitz highlights that individual persons and whole countries are being victimized by globalization. Globalization had succeeded in unifying people from around the world — against globalization. Factory workers in the United States saw their jobs being threatened by competition from China. Farmers in developing countries saw their jobs being threatened by the highly subsidized corn and other crops from the United States. Workers in Europe saw hard-fought-for job protections being assailed in the name of globalization. AIDS activists saw a new trade agreement raising the prices of drugs to levels that were unaffordable in much of the world. Environmentalists felt that globalization undermined their decade long struggle to establish regulations to preserve our natural heritage. Those who wanted to protect and develop their own cultural heritage saw too the intrusions of globalization. — Stiglitz, 2006, p. 7 Stiglitz then goes on to provide an overview of how we might "reform" globalization, by noting representatives of the world's national governments attended the Millennium Summit and signed the Millennium Development Goals, pledging to cut poverty in half by 2015. Additionally, the International Monetary Fund (IMF) had previously been focusing more on inflation, rather than employment and income; however, they have shifted their focus in hopes of reducing poverty. Stiglitz states that countries who seek financial assistance have in the past been asked to meet an outrageous number of conditions, in exchange for the aid. This was one of the most common complaints towards the IMF and the World Bank. They have heard these complaints and have since greatly reduced the conditionality. The G8 group met for their annual meeting in 2005 and had agreed to write off debt owed by the 18 poorest countries in the world as an attempt to help with the global poverty issue. As regards the aspiration to make trade fair, originally, opening the market was done in hopes of helping the economy; however, the rights between the developing and developed countries have been skewed, and the last trade agreement actually put the poorest countries in a situation in which they were worse off than to begin with. Stiglitz focuses on the limitations of liberalization briefly to say the results of liberalization never lived up to the expectations; the developing countries were not able to follow through because their economic and political systems simply could not cope with the pressures. Finally, Stiglitz also argues that protecting the environment is one of the most important issues and countries must work together to lessen the effects of global warming. Successful development in countries such as India and China has only increased energy usage and also the use of natural resources. People from all over the world must adjust their lifestyle in order to reverse the effects of global warming. http://en.wikipedia.org/wiki/Making_Globalization_Work Image By World Economic Forum [CC-BY-SA-2.0 (http://creativecommons.org/licenses/by-sa/2.0)], via Wikimedia Commons
Views: 9313 The Film Archives
The benefits of a strong US economy for Trump's trade talks
Roll Call Congressional reporter Alex Gangitano and Fox News contributor Fred Barnes on the impact of the strong U.S. economy on the Trump administration's trade negotiations.
Views: 2171 Fox Business
Trade war is good for the U S  economy   DARKSTREAM by Vox Day
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Views: 54 Ron Gibson
Trade war is good for the U.S. economy | DARKSTREAM by Vox Day
SJWs Always Double Down: Anticipating the Thought Police (The Laws of Social Justice) https://amzn.to/2I0VNX6 SJWs Always Lie: Taking Down the Thought Police https://amzn.to/2DVLGAx Cuckservative: How "Conservatives" Betrayed America https://amzn.to/2I6q7jn This is a mirror channel, the official channel of Vox Day is here https://www.youtube.com/channel/UCGJNdaSwFeP3pLd1MhN0dRg/videos please subscribe to Vox Day, click the bell, to receive notifications when he goes live https://voxday.blogspot.com/ Vox's main blog https://periscope.tv/voxday Catch Vox's Darkstreams live https://www.castaliahouse.com/ Vox's publishing house https://infogalactic.com Replacement for Wikipedia https://news.infogalactic.com Right News https://technews.infogalactic.com/ Right Tech News https://crypto.fashion/ Right Threads - Buy Vox's Shirts!
Views: 1012 OpenMind
Would a Clinton presidency be good for U.S. economy, trade?
Outside Advisor to President Obama Robert Wolf and former Chrysler CEO Bob Nardelli on Hillary Clinton's policy on the economy and trade.
Views: 289 Fox Business
Investor nervousness over trade policies, economy
ROBO Global CIO Bill Studebaker on the state of the markets and the investment opportunities in robotics and AI.
Views: 2335 Fox Business
How the blockchain will radically transform the economy | Bettina Warburg
Say hello to the decentralized economy -- the blockchain is about to change everything. In this lucid explainer of the complex (and confusing) technology, Bettina Warburg describes how the blockchain will eliminate the need for centralized institutions like banks or governments to facilitate trade, evolving age-old models of commerce and finance into something far more interesting: a distributed, transparent, autonomous system for exchanging value. TEDTalks is a daily video podcast of the best talks and performances from the TED Conference, where the world's leading thinkers and doers give the talk of their lives in 18 minutes (or less). Look for talks on Technology, Entertainment and Design -- plus science, business, global issues, the arts and much more. Find closed captions and translated subtitles in many languages at http://www.ted.com/translate Follow TED news on Twitter: http://www.twitter.com/tednews Like TED on Facebook: https://www.facebook.com/TED Subscribe to our channel: http://www.youtube.com/user/TEDtalksDirector
Views: 1456023 TED
How Trump's Trade Policies May Impact the Global Economy
Nov. 10 -- Philippe Legrain, London School of Economics visiting senior fellow, discusses the ramifications of Donald Trump's trade policies with Bloomberg's Joe Weisenthal, Scarlet Fu and Oliver Renick on "What'd You Miss?"
Views: 11888 Bloomberg
China trade tensions the biggest unknown for the markets, economy?
OceanFirst Financial CEO Chris Maher on the state of the U.S. markets and economy.
Views: 1886 Fox Business
UBS' Qian on China's Economy, Trade Tensions
Sep.18 -- Eugene Qian, chairman of the UBS China Strategy Board, discusses the impact of the new tariff on China's economy, how they will react to the new tariffs, opening up their markets and their China strategy. He speaks exclusively on "Bloomberg Markets: Asia" from the Annual Meeting of the New Champions in Tianjin.
How Does German Economy Compare to United States Economy?
How do US economy and German Economy compare? Can German economy beat United States economy soon? 🐻 SUBSCRIBE TO OUR NEW CHANNEL: Fuzzy & Nutz 🐿️ ►►► http://bit.ly/fuzzyandnutz WEBSITE (You can suggest a topic): http://theinfographicsshow.com SUPPORT US: Patreon.......► https://www.patreon.com/theinfographicsshow CHAT: DISCORD.....►https://discord.gg/theinfographicsshow SOCIAL: Facebook...► https://facebook.com/TheInfographicsShow Instagram..► https://www.instagram.com/theinfographicsshow Twitter........► https://twitter.com/TheInfoShow Subreddit...► http://reddit.com/r/TheInfographicsShow -------------------------------------------------------------------------- Sources for this episode: https://pastebin.com/NMWsUwcm
Views: 610254 The Infographics Show
Adam Smith was no uncritical apologist for capitalism: he wanted to understand how capitalism could be both fruitful and good. If you like our films take a look at our shop (we ship worldwide): http://www.theschooloflife.com/shop/all/ SUBSCRIBE to our channel for new films every week: http://tinyurl.com/o28mut7 Brought to you by http://www.theschooloflife.com Produced in collaboration with Mike Booth http://www.YouTube.com/SomeGreyBloke #TheSchoolOfLife
Views: 911241 The School of Life
Mexico drug trade hits local economy
Subscribe to our channel http://bit.ly/AJSubscribe The Mexican state of Sinaloa has become synonymous with drug trafficking. But the state's economy also revolves around legitimate farming and tourism, industries that are now under threat by drug traffickers and their allies. Al Jazeera's Adam Raney reports from Culiacia, Mexico. At Al Jazeera English, we focus on people and events that affect people's lives. We bring topics to light that often go under-reported, listening to all sides of the story and giving a 'voice to the voiceless.' Reaching more than 270 million households in over 140 countries across the globe, our viewers trust Al Jazeera English to keep them informed, inspired, and entertained. Our impartial, fact-based reporting wins worldwide praise and respect. It is our unique brand of journalism that the world has come to rely on. We are reshaping global media and constantly working to strengthen our reputation as one of the world's most respected news and current affairs channels. Social Media links: Facebook: https://www.facebook.com/aljazeera Instagram: https://instagram.com/aljazeera/?ref=... Twitter: https://twitter.com/ajenglish Website: http://www.aljazeera.com/ google+: https://plus.google.com/+aljazeera/posts
Views: 6969 Al Jazeera English
Total War: Attila - Round Table Review #1/4 ~ Economy and Trade!
Total War: Attila - Round Table Review #1/4 ~ Economy and Trade! Round Table Reviewers: Admiral Price: https://www.youtube.com/user/AdmiralPrice Warrior of Sparta: https://www.youtube.com/user/1984warriorofsparta Malakith Skadi: https://www.youtube.com/user/MalakithSkadi ----------------------------------------------------------------------- Green Man Gaming Link: http://www.greenmangaming.com/?tap_a=1964-996bbb&tap_s=2555-b18801 Green Man Gaming Discount Code 20% Off: LIONHE-ARTG20-GAMING ----------------------------------------------------------------------- Check Out EPIC Gaming Laptops from XMG: http://mysn.co.uk/shop?acc=c4ca4238a0b923820dcc509a6f75849b Get £30 OFF XMG Orders with this code: XMG-LIONHEART (Note these cannot be used in conjunction with any monthly special offers nor any other affiliate schemes) ----------------------------------------------------------------------- Steamwork shop Attila Mods I'm using: http://steamcommunity.com/sharedfiles/filedetails/?id=434870578 ----------------------------------------------------------------------- Check out my First Impressions of Total War: Attila here: https://www.youtube.com/watch?v=Z-3nX5UlQfg New Upload Schedule: http://youtu.be/e-JbECZRYSA Check Out My New PS4 Gaming Channel - Deadly Duo Gaming: https://www.youtube.com/channel/UC54GEeD-46UtFzK6ZHaqY9Q Missing My Uploads - Subscribe to Email Updates everytime I upload a new Video: http://www.youtube.com/subscription_manager?feature=feed How To Use the New Google+ Comment System on YouTube: http://www.youtube.com/watch?v=LdKNk-tSbhw&feature=c4-overview&list=UUIeaxRCoSLFLHvrCInghqcw Please Comment, Thumb UP and Subscribe! ----------------------------------------------------------------------- Playing on Hard Difficulty Connect with me! Email: [email protected] Twitch: http://www.twitch.tv/lionheartx10 Twitter: https://twitter.com/#!/lionheartx10 Facebook: https://www.facebook.com/Lionheartx10 Steam: http://steamcommunity.com/groups/LionheartsLegion 2nd Channel: http://www.youtube.com/user/LionheartsDen Donate: http://tinyurl.com/a7mlfuz
Views: 8015 lionheartx10
Global Economy Warning: US-China Trade War Seen Reducing 2019 Earnings - The U.S Economy Collapse!
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Views: 495 Financial Discuss
Art Laffer: A trade war would be damaging to the US economy
Former Reagan economic advisor Art Laffer on the current state of the U.S. economy and why a trade war would hinder economic growth.
Views: 2932 Fox Business
U.S. economy, consumers to suffer in China-U.S. trade frictions: Indian expert
As trade tension between the world's top two economies is escalating, Indian global trade expert explains why U.S. economy, consumers are set to suffer.
Views: 551 New China TV
Ray Dalio on U.S. - China Trade Tensions, Markets
Ray Dalio, hedge fund giant Bridgewater Associates, joins 'Squawk Box' to discuss markets, interest rates, the debt market and U.S.-China trade tensions. The dispute between the U.S. and China over trade deficits and surpluses is rather trivial compared to the broader philosophical differences between the world's two biggest economic superpowers, Bridgewater Associates founder Ray Dalio told CNBC on Thursday. "The trade war, I think, can be worked out," the billionaire investor Dalio said in a "Squawk Box" interview on CNBC. But he argued the conflict goes "way beyond the trade war." Dalio, co-CIO and co-chairman at Bridgewater, said the two nations' polar opposite methods of governing is the broader, more difficult issue to reconcile. "It goes back to Confucius in 500 B.C.," he said. "It's basically a top-down versus a bottom-up type of approach," said Dalio, whose China unit of Bridgewater last month launched its first onshore Chinese investment fund. "When you look at the 2025 plan in China, the government believes that they should have a plan for making China great" and will coordinate all aspects of public and private enterprise to achieve their goals, he said. "That type of activity is objectionable to the United States" in its free market economy. The China 2025 plan is a state-backed industrial policy that's provoked alarm in the West, and is core to Washington's complaints about Beijing's technological ambitions. Dalio appeared on CNBC from the Greenwich Economic Forum in Connecticut where he later spoke to the elite gathering of investment thought leaders. » Subscribe to CNBC: http://cnb.cx/SubscribeCNBC About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more. Connect with CNBC News Online Get the latest news: http://www.cnbc.com/ Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC Follow CNBC News on Facebook: http://cnb.cx/LikeCNBC Follow CNBC News on Twitter: http://cnb.cx/FollowCNBC Follow CNBC News on Google+: http://cnb.cx/PlusCNBC Follow CNBC News on Instagram: http://cnb.cx/InstagramCNBC #CNBC #RayDalio Ray Dalio on U.S. - China Trade Tensions, Markets
Views: 50339 CNBC
Trade War Collapse! - Economy Collapse! - Casualties of Trump's Trade War
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Views: 2070 Financial Discuss
Marc Ross discusses impact of China-US trade conflict on global economy
CGTN's Mike Walter spoke to Marc Ross to find out what was in store for the U.S. and Chinese economies as a result of the trade conflict. Ross is the Founder of Caracal Global; he works with companies at the intersection of globalization and politics.
Views: 1377 CGTN America
WATCH: President Trump talks about the state of the economy and trade
At a campaign rally for Martha McSally in Mesa President Trump talked about the state of the economy and trade wars with Canada, Mexico and China.
Views: 49 12 News
Trade wars and debt: The biggest risks to world economy | Counting the Cost
A trade war and a new Cold War are threatening to rip apart the global economy. That's the springtime message from the International Monetary Fund (IMF) and the World Bank. Bankers and finance ministers from the IMF's 189 member countries met in Washington, DC, on the 10th anniversary of the global financial crisis. And although optimistic about economic growth over the next couple of years, the IMF warns that ageing populations, lackluster productivity, rising debt and the possibility of a global trade war could lead to a downturn. "While the sun is shining, we are seeing more clouds accumulating on the horizon than we did back in October. Global debt is at an all-time high," said Christine Lagarde, the IMF's managing director. According to the IMF, global debt came in at $164 trillion in 2016, a historic peak. The IMF bails out failing economies and tries to create financial stability, while the World Bank lends to poor and middle-income countries. Together these two United Nations institutions aim to raise global living standards. But there's danger ahead, even if the world economy is projected to grow by 3.6 percent in 2018. Assessing the IMF's report card, it provided a "fairly positive picture," says Gregor Irwin, chief economist at Global Counsel. "Global prospects are good, one or two clouds on the horizon, concerns about protectionism, concerns about financial vulnerabilities in China." Irwin believes China's rising debt as well as a looming trade war between China and the US could pose a threat to the global economy. "Growth prospects remain good in China, nobody's expecting a major slowdown tomorrow in Chinese growth, but the big concern about China is that debt to GDP is still rising. It's projected to rise further still, and it's very high by the standards of other countries or by historical standards, and frankly it looks unsustainable. So that is a genuine concern over the next few years over the stability of the global economy." Irwin says that the US and China "are not in a trade war yet, but there's a risk of a trade war. One of the concerns about a trade war is it wouldn't just involve the US and China, but it would inevitably drag in other countries as well and they'd be caught up in the crossfire between the US and China. Right now, I think it would be fair to describe US policy as unpredictable and also quite aggressive. Equally, I think when you look at China's policy stands - also what the Europeans might do if there are any measures targeting China, I think we can expect to see retaliation, and that's where the trade war scenario really begins to potentially become a real one." Also on this episode of Counting the Cost: Cuba's post-Castro era: Cuba's president Raul Castro has passed on the baton to his chosen successor, Miguel Diaz Canel. The change comes at a time of growing economic uncertainty for the Caribbean island's 11 million people. President Canel has some tough challenges ahead, as Latin America editor Lucia Newman reports from Havana. Saudi Arabia oil: Reports say Saudi Arabia would like to see oil prices at $80-100 a barrel. The kingdom needs $83 a barrel to balance the budget. And it wants to give a boost to its oil giant Aramco, before a widely anticipated IPO. A deal between Saudi Arabia and Russia to limit global oil supply to 1.8m barrels a day has worked. The world is no longer drowning in oil. But the fear among other producers is that higher oil prices will throw off the delicate balance of supply and demand and drive up US shale production. China censorship: A public outcry in China forced its most popular social media network to reverse a decision to ban gay content online. Sina Weibo, China's equivalent of Twitter, received a backlash when it blocked videos and comics referring to homosexuality. The gay community is cautiously welcoming the development, as Adrian Brown reports from Beijing. Netflix: Netflix added 7.4 million more subscribers between January and March this year - the fastest growth in its history. Those quarterly results helped shares hit an all-time high on Wednesday. Because Netflix does not use advertising it doesn't have the same issues over data privacy as other streaming video providers. Facebook and Google insist on being called technology companies.That's despite depending on ad revenue business models. But Netflix, because it spends big on original content, is happy to be called a media company. Reports say it now wants to buy movie theaters. More from Counting the Cost on: YouTube - http://aje.io/countingthecostYT Website - http://aljazeera.com/countingthecost/ - Subscribe to our channel: http://aje.io/AJSubscribe - Follow us on Twitter: https://twitter.com/AJEnglish - Find us on Facebook: https://www.facebook.com/aljazeera - Check our website: https://www.aljazeera.com/
Views: 7881 Al Jazeera English

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