The News with Rick Sanchez - July 25, 2019 (20:00 ET)
Richard Wolff: Absolutely we’re in a recession!
Economist and co-founder of “Democracy at Work” Prof. Richard Wolff, author of “Capitalism's Crisis Deepens: Essays on the Global Economic Meltdown” joins Rick Sanchez to share his insights about Americans’ uncertain economic future and how President Trump’s policies have foreigners fearing for their investments in the US.
Why Facebook must be stopped
Facebook was hit with a $5 billion fine for mishandling consumer privacy. Media accounts gushed with adjectives like “stunning” and “historic.” But consider Facebook’s size – they will pay off the fine with one month’s worth of revenue. Rick Sanchez explains the danger in letting corporations grow too big to rein in.
Rick Sanchez: How US ruined Puerto Rican economy
Rick Sanchez gives us a crash course in the history of Puerto Rico and he explains why the US seizure of Puerto Rico in 1898 hurt the island’s economy and stunted its development.