hello and welcome to crossfire all things are considered i'm peter lavelle the spiral downwards depending on who you believe in the media the civil unrest in america is the result of systematic racism this explains protests and rioting but it does it the commanding heights controlling the financial system media and the business world are loath to admit it it's the economy stupid for the. race always trumps class. to discuss this and more i'm joined by my guest jason nichols in l the code city is a professor of african-american studies and in new york we cross to margaret kimberly she is the editor and senior column.

hello and welcome to cross talk where all things are considered i'm peter lavelle speaking to west point graduates trying to say we're ending the air of endless war 4 years ago on the campaign trail he said the same thing why is it so difficult for this president to make good on this promise why make the promise again if it can't be kept.

hello and welcome to cross top where all things are considered i'm peter lavelle as the culture war rages on a baited the billionaire class is only getting wealthy or their wealth has skyrocketed 20 percent or i've 180 $4000000000.00 since the start of the pandemic slash law how will his back shape the coming recovery and is a permanent underclass the new normal. to discuss this and more i'm joined by my guest richard wolffe in new york he's a professor emeritus of economics at the university of massachusetts amherst as well as the author of the recent books understanding socialism and understanding marxism and in chicago or which he has a chief marketing strategist bubba trading all right gentleman stop rules in effect that means you can jump in time while i was appreciate todd let me go to you as you just heard in my introduction you know that we have an ongoing deep recession i think is of this morning the i.m.f. came out with their global projections and a contraction of about 5 percent globally the u.s. doesn't do much better the industrialized world is.