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US betting the farm? & Banks begin massive layoffs

The US and China are entering a new round of trade talks, and the White House is betting the farm as China tables an offer to increase purchases of American agriculture. Professor Richard Wolff joins the show today to give us his take on the future of global trade and growth. Plus, bank profits may be soaring, but many global giants are slashing jobs left and right in bids to restructure. Bartlett Naylor of Public Citizen is standing by to break down the banks’ moves and its effects on the markets.

US betting the farm? & Banks begin massive layoffs
The boom/bust cycle is as old as Western banking itself. Our hosts break through the mainstream headlines to find the stories that matter, and help you navigate the booms and the busts.