This week's bloomberg business week cover story is the tale of a half a trillion dollar mega project on wrong. It began when soudy rabia's crown prince, mohammed bid salmon, set out to build the city of niom in an effort to revolutionize life. Blumberg and new sadi arabia correspondent vivian nerhime help us understand this massive desert disaster.
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.