Boom Bust Season 2 Episode 10 Ron Paul: US "Foolish" to Take On ISIS and Melissa Bell On New Media
- TV-PG
- September 15, 2014
In season 2 episode 10 of the show Boom Bust, renowned economist and former US Congressman Ron Paul weighs in on the controversial topic of the United States' involvement in the fight against ISIS. Paul argues that US intervention in the Middle East has historically done more harm than good, and that intervening in the fight against ISIS is no different. He also criticizes the decision to arm rebels in Syria, pointing out that it often leads to those weapons falling into the wrong hands.
In the second segment of the episode, Melissa Bell, Co-founder of "The Hatchet", discusses the impact that new media is having on the news industry. Bell argues that traditional media outlets are struggling to keep up with the pace of new media and that this has resulted in a loss of trust from the public. She also suggests that new media has given a voice to marginalized groups and is therefore a positive force in society.
The third segment of the episode focuses on the oil market. The hosts discuss the recent drop in oil prices and its potential impact on the global economy. They examine the role that OPEC has played in the market, as well as the role of US shale producers.
Finally, the hosts provide an update on the US economy, discussing the latest jobs report and GDP growth numbers. They also examine the impact that trade tensions with China are having on the US economy. Overall, the episode provides an informative look at a range of economic issues, with insights from an array of experts.