Posts filed under “Video”

Rogers: Dollar to Be ‘Devalued’

Jim Rogers on Bloomberg TV

The U.S. dollar will be “devalued” as policy makers seek to weaken it, undermining the greenback’s role as an international reserve currency, said Jim Rogers, chairman of Rogers Holdings in Singapore.

“They think that if you drive down the value of your money, it makes you more competitive, now that has never worked in history in the long term,” said Rogers. The ICE’s Dollar Index has gained 19 percent since Rogers said in an interview on April 27 he expected a dollar rally “about now.”

The dollar is “going to lose its status as the world’s reserve currency,” Rogers said yesterday in a televised interview with Bloomberg News. “It will be devalued and it will go down a lot. These guys in Washington, they want to debase the currency.”

click for video

Rogers Says Dollar to Be `Devalued,’ Buys Commodities
Ron Harui and Mike Schneider
Bloomberg, Nov. 25, 2008

Category: Currency, Markets, Video

Lawrence Summers: ‘Beyond the Crisis’

The usually provocative Lawrence Summers takes a middle-road approach to evaluating the future of the economy.

Here’s the entire conversation between Larry Summers, George Soros, and Robert Merton.

via Big Think

Category: Bailouts, Credit, Derivatives, Video

What Citigroup Says About Health of Banking System

WSJ’s Deputy Markets Editor Dennis Berman tells colleague Evan Newmark what he thinks about the Citigroup bailout. He says the rescue raises questions about the viability of the rest of the U.S. banking system.

(Nov. 24)

Category: Credit, Markets, Video

What’s on the Markets Mind This Week?

Barron’s Associate Editor Michael Santoli discusses what to expect from the markets this week. (Nov. 24)

Category: Video

Wilbur Ross on Geithner

Fox News:

November 21, 2008

Category: Bailouts, Federal Reserve, Video

How Will Obama’s Team Spend Money?

Robert Rubin made his name as Treasury Secretary by taming deficits. Two of his protégés, Timothy Geithner and Lawrence Summers, are set to start off in a very different direction in Barack Obama’s administration.

Source: WSJ

Category: Bailouts, Politics, Video

US to Guarantee Over $300 bn in Citi Assets

The U.S. government has agreed to guarantee over $300 billion of Citigroup’s troubled assets. CNBC’s Charlie Gasparino & Steve Liesman deliver this breaking story.

click for Video

Category: Bailouts, Credit, Video

The Week Ahead In Japan, Europe

Look Ahead in Asia: Deflation Fears 11/21/2008
Japan is set to report consumer prices, with markets watching for any wider-than-expected slowdown in inflation. Michael Kitchen reports.

U.K. Chancellor Alistair Darling will be delivering his pre-budget report on Monday, which means tax cuts may be coming. But some companies are wondering how their businesses outside of the U.K. will be taxed by the British government.

Category: Inflation, Markets, Video

The Cheapskate’s Guide to Shopping

As food prices soar, Cheapskate Columnist Neal Templin offers grocery shoppers a battle plan this holiday season.


Category: Markets, Video

The great deflation of Wall Street

Veteran journalist William Greider on the current financial crisis and what he calls “the great deflation of Wall Street.”

click for video


Bill Moyers
PBS, July 18, 2008

Category: Credit, Finance, Real Estate, Video