The 500 billion dollar number that they threw out there is like a starting budget at this point. They still don't even know what a lot of thing is going to cost. Right now it's pretty much fully backed by the public investment fund, which is sauty arabia's sovereign wealth fund. But you can or number two, but people are making a ton of money o us.
Bloomberg Intelligence Senior Global Banks Analyst Alison Williams breaks down earnings from Citi and Wells Fargo. Bloomberg Opinion Columnist Justin Fox explains why inflation is even worse if you measure it properly. Bloomberg Businessweek Editor Joel Weber and Bloomberg News Saudi Arabia Correspondent Vivian Nereim share the details of Vivian's Businessweek Magazine story MBS’s $500 Billion Desert Dream Just Keeps Getting Weirder. Steve Russell, Portfolio Manager at Emerald Advisers, discusses investing in cryptocurrency technology.
Hosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan.
See omnystudio.com/listener for privacy information.