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Naayagi Episode 537, 20/11/19

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Naayagi Episode 537
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Naayagi (Nayagi or Nayaki) is a 2018 Tamil language family soap opera, a serial with daily episode, starring Vidya Pradeep, Papri Ghosh, Ambika, Dhilip Rayan, Vetri Velan, Meera Krishnan and Suresh Krishnamurthi. It is the story of Anandhi, heir apparent to a business empire but separated at birth from her parents who were killed treacherously by their aide Kalivardhan. The show replaced Deivamagal and is produced by Vikatan Televistas Pvt Ltd. This Tamil daily serial airs on SUN TV, every Monday to Saturday at 8:00 pm. Here is today’s episode. Yesterday episode link above.

Economics Educational

Markets aren’t convinced the long-term outcome is favorable, economist says

Lindsey Piegza, chief economist at Stifel, and Michael Gapen, head of U.S. economic research at Barclays, joins “Squawk Box” to discuss the latest economic data as well as the what they are watching in the macro economy.

Economics Educational

Softbank’s WeWork Rescue: Savior Economics or Sunk Cost Problem?

In the aftermath of the collapse of the WeWork IPO, Softbank stepped in with a rescue offer for WeWork, investing $3 billion in increasing its equity stake in the company to 80% and $5 billion in additional debt for the cash-strapped company. In this session, I look at whether this rescue mission is designed to protect Softbank from further losses or a symptom of a sunk cost problem. I also use this episode to highlight the pointlessness of fair value (price) accounting and why smart money is over rated. Finally, I examine the consequences of the WeWork fiasco for Softbank, the company, and how investors perceive the company.
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Relaxing Ocean Sounds – Soothing Background with Waves for Study and Meditation

Ideal background for any activity you may have at home or office, these ocean sounds of waves will accompany your meditation sessions and will help concentrate while studying.

Economics Educational

How economists make predictions | CNBC Reports

The IMF’s World Economic Outlook is one of the most closely-watched set of forecasts in the world. How do economists get to the predictions in it? CNBC’s Elizabeth Schulze gets an inside look at the process from Washington.

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Economics Educational

Global Capitalism: The Economics of Taxing Wealth [November 2019]

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Get your copy of **Understanding Marxism by Richard Wolff out now!**

Global Capitalism: Live Economic Update
The Economics of Taxing Wealth
with Richard D. Wolff
Wednesday, November 13th, 2019 at 7:30 PM

In connection with Wolff’s discussion of the main topic above, he will also cover the following issues at the November 13, 2019, event:
– Current wealth tax proposals by Bernie Sanders, Elizabeth Warren
– How US already taxes wealth (of some, not others}
– How other countries tax wealth
– How US enables/allows wealth to escape taxes
– Redistributing wealth: pros and cons- The protest movements in Chile, Lebanon and beyond and how they differ from those in Hong Kong
– The overdue critique of “libertarian” capitalism

**Special message/appeal to internet viewers: please help sponsor GCLEU on Patreon at the $3 (or more) level. Your support helps cover the costs of producing and distributing these talks. Visit us at

Link to the mentioned Q&A of our book “Understanding Marxism”…

Economics Educational

5 Signs Of Deutsche Bank Collapse! Prepare For The Economic Collapse 2020 Stock Market CRASH

Will The Deutsche Bank Collapse Happen In 2020?

Deutsche Bank, Europe’s second-largest bank, the biggest bank in Germany, one of the world’s ten largest banks by assets, and of course the bank for derivatives trading, is in huge trouble.
And of course, this matters: The International Monetary Fund was the first to warn about it as being “the largest net contributor to systemic risks” to the global financial system.  When Deutsche Bank Collapse will happen, the rest of the global financial system will shake and turn into an economic collapse.

There’s a simple rule When it comes down to Banking trouble: The louder someone in the government minister insists on TV that everything is just fine, the bigger the problem really is.
For instance, if a government minister says that everything is fine with a bank, you know it’s not. It’s terrible enough that a government minister should feel the need to say anything at all, so when he does, you know it’s a red flashing sign. Deutsche Bank (which goes by the symbol DB on the New York Stock Exchange) could be a contrarian’s dream. But just because something is cheap and is down 84 percent doesn’t make of it a good buy. Dropping share prices signal a company that is in danger and stock market crash is on the horizon. 

So what’s wrong with Deutsche Bank? 
Well, everything is wrong with Deutsche bank. It is coping with adapting to a changed competitive situation where its business model and cost structure no longer make sense. Not to mention that tightened regulations have made the banking industry a nightmare of rules.
And as reported by the Financial Times, Deutsche Bank is facing a mind-boggling number (7,000) regulatory actions and lawsuits. Deutsche Bank is the most important domino in European’s very shaky financial system. Loss of confidence in financial institutions can happen in hours, and once it’s gone, there’s virtually no way (other than a bailout) to get it back.  The Deutsche Bank situation generally is a serious concern, because we’ve seen what happens when a major global financial institution goes bust, and it did turn into a devastating stock market crash.

When Lehman failed, it nearly took down the entire financial system with it. Deutsche Bank is of similar scale and importance (you might argue it’s actually more substantial, though I think at that point it’s basically irrelevant – if you’re big enough to bring down the entire financial system, then you’re large enough. When Deutsche Bank Collapse will happen , at least in the same way that Lehman failed, then every other financial institution will face the same questions and economic collapse will hit the world.

One thing is for sure, and If Deutsche Bank collapses, it will cause the entire EU to implode.
 And if this happens, prepare for economic collapse, the likes of which this world has never seen. 

So can Deutsche Bank be the next Lehman?

A quick comparison of the stock charts of Deutsche Bank and Lehman Brothers looks like it may fail with a huge stock market crash (stocks going to zero) maybe around January 15, 2020. The parallels between Lehman Brothers and Deutsche Bank declines are alarming.

Deutsche Bank is dead. It is limping along and hoping to somehow fix itself, but it will not get the chance.

Economics Educational

America v China: why the trade war won’t end soon | The Economist

America and China are edging closer to signing a deal in the trade war. But that won’t mark the end—the issues at the heart of the conflict will be very difficult to resolve. Read more here:

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The world’s leading superpowers are locking horns. Over the past 16 months America and China have been trading blows through tariffs on goods. The impact is being felt on industries worldwide. But what is the story behind the America-China trade war?

So the trade war, what have you guys been looking at? The US doesn’t like that China is growing so fast and set to overtake America as the biggest economy in the world if it hasn’t already by certain measures. Basically China and the US are caught in this race of imposing tariffs on each other so the US slaps a high tariff on certain products then China retaliates.

It’s multiple industries across multiple markets, it’s huge. And I think right now would be a really good time to look at what’s happened how it could impact the world from now on.

At The Economist, we’ve been covering the trade war extensively Soumaya Keynes is our trade and globalisation editor based in Washington, DC.

How did this whole trade war kick off? How did this whole trade war start? For a long time there have been frustrations that past American administrations had with the Chinese. On the 2016 presidential campaign trail you started to see some really tough rhetoric.

China’s economic rise has been dramatic. In 1978 China’s GDP at market prices was just 6% of America’s. Last year it had grown to 66%. When considering local spending power China has already overtaken America. This unprecedented growth began with President Deng Xiaoping. He started opening up China’s economy to the world in 1978 and the country quickly became “the world’s factory”. Over the next decade, exports as a share of GDP tripled and by 1988 15% of China’s exports went to America. The World Trade Organisation opened its doors to China in 2001. And it was America that ushered it in.

After joining the WTO, China became an economic superpower. But people had expected the country to also become more like a Western capitalist economy. That didn’t happen. America now claims that China achieved its growth by not playing fair. Are those claims justified?

The Trump administration has been using tariffs or taxes on imported goods to try to force the Chinese to change their ways. In July 2018 America imposed tariffs of 25% on $34bn worth of Chinese products. That almost doubled the average tariff rate on Chinese imports from 3.8% to 6.7%. And it’s American firms that have to pay that tax. But with every increase from America, came an increase from China. Since the start of the trade war China has more than doubled its average tariff rate. America’s has tripled. The fight has become overtly political because China’s tariffs are hitting President Trump’s voter base. Many counties where Trump won in the 2016 election were here in the Great Plains and these are the counties most affected by China’s tariffs.

As things stand now, a ceasefire in the trade war could be drawing near. The two leaders are hoping to agree on a “phase one” deal soon which could mean some tariffs being lifted The Trump administration wants China to buy more American produce and tighten up their intellectual property rules. If that phase one deal is signed will it be the beginning of the end of the trade war?

Even if there is a phase one deal there will be a lot of issues still to be resolved. But there’s more to the trade war than just tariffs. America has also imposed restrictions on some Chinese firms especially ones in the tech industry.

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Sanggol na tinangay ng yaya, naisauli sa tulong ng Wanted sa Radyo

Naibalik na kina Princess at Eric ang kanilang sanggol na tinangay umano ng kanilang yaya na si alyas “Minda” sa tulong ng Wanted sa Radyo. Depensa ni Minda, ‘di raw niya kinidnap ang bata, ipinasyal lang daw niya ito dahil pinayagan naman daw siya ng lolo ng bata, bagay na pinabulaanan ni lolo Isagani.

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