Welcome to Crash Course, a podcast about business, political, and social disruption and what we can learn from it.

I'm Tim O'Brien. Every week on Crash Course, I'm going to bring listeners directly into the arenas where epic upheavals occur and

I'm going to explore the lessons we can learn when creativity and ambition collide

with competition and power.

Listen to Crash Course every Tuesday on the IHeartRadio app, Apple Podcasts,

or wherever you get your podcasts.

This is a room work surveillance.

China has again and again reacted to hawkish talk from the Fed by allowing more currency depreciation.

Cash is a legitimate asset class.

It insulates you from clients in the capital markets, both bonds and stocks.

China's not just a commodity powerhouse, drive a commodity price, it's a manufacturing

powerhouse and it's been

pulling in manufacturers all through its supply chains in its southeast Asia

in East Asia.

Bloomberg surveillance, your link to the world of economics, finance and

investment on Bloomberg Radio.

Good morning I'm Michael McKeown, along with Tom Keene.

It is 7 a.m. on Wall Street, 11 a.m. in Reykjavik, where Prime Minister

Sigundur Gunlogsen faces a no-confidence vote, his name in the Panama Papers.

The leak documents that show politicians, criminals, celebrities worldwide using banks and shadow

companies to hide their finance is a

big story not clear how ugly but something to watch over the coming days

...