Money talks: Tricky trading
Money Talks from The Economist
The Economist
4.4 • 1.2K Ratings
🗓️ 15 August 2017
⏱️ 15 minutes
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| 0:00.0 | Attention at all passengers. You can now book your train tickets on Uber and get 10% back in Uber credits to spend on your next train journey. |
| 0:11.0 | So no excuses not to visit your in-laws this Christmas. |
| 0:16.5 | Trains now on Uber. T's and C's apply check the Uber app. Hello I'm Simon Long, the finance editor at The Economist. |
| 0:30.0 | This week on Money Talks, might artificial intelligence make as many jobs as it takes. |
| 0:37.0 | Technology always cuts both ways, and I wouldn't exclude that in the long run AI will reduce |
| 0:41.2 | a number of jobs, but at this point in time AI actually creates a lot of jobs. |
| 0:47.0 | And how fidget spinners have transformed the toy industry. |
| 0:50.0 | The exciting thing for fidgeters is that people reckon that this has created a whole new market for fidgeting |
| 0:56.0 | So although spinners might be the last big thing we've got a new generation of fidget toys |
| 1:02.0 | But before we turn to toys, we're going to talk about trade. |
| 1:06.0 | This week there have been a number of important developments. |
| 1:09.0 | NAFTA, trade talks begin on Wednesday between Canada, the US and Mexico. |
| 1:14.0 | And on Monday, President Donald Trump signed a memorandum, prompting an investigation into Chinese |
| 1:18.8 | trade practices. |
| 1:20.5 | The theft of intellectual property by foreign countries costs our nation millions of jobs and billions and billions of dollars each and every year. |
| 1:30.0 | For too long this wealth has been drained from our country while Washington has done nothing. |
| 1:36.0 | They have never done anything about it. |
| 1:39.0 | But Washington will turn a blind eye no longer. |
| 1:44.6 | Today I'm directing the United States Trade Representative |
| 1:48.9 | to examine China's policies, practices, and actions |
| 1:52.2 | with regard to the forced transfers of American technology |
| 1:57.3 | and the theft of American intellectual property. |
... |
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