go and i was thrown out of hamburger joints in columbus, georgia. david: they would just say, we don't serve you? colin: it was even worse than that. i stopped at a little hamburger joint late one night, and i knew i could not go in, so i just went to the window and asked for a hamburger, and this nice white lady from new jersey said i , i'm sorry. i don't know why, but i can't serve you. you can go around the back. i said, no thanks. so i went on to the base, that was in early 1964, and then the civil rights act of 1964, the accommodations act, was signed in july, just before july 4. hanand on july 5, i went back to that hamburger joint, and they served me. and what america discovered is that segregation was not just a burden for blacks. it was a burden for whites. we are living in a crazy system. david: you went to vietnam and you were injured. colin: yeah. david: and you came back to the states and you went back again to vietnam. colin: about five years later, i went back and got injured again. yeah. david: and when you came back, your career really took off a bit. you became

. until now, my only experience of him has been as the mayor of hamburg. it is probably a good starting point, but there is more to say about him in the sense that hamburg is really a global town. it is a global trade town and this is really what surrounds him. he has a global and european outlook on things. he takes generally a long-term perspective. you can think that though he has thebeen known yet on european stage, he will really enter onto the european stage with an agenda of a kind of fostering. matt: he has a tough act to follow as finance minister. it is certainly one of the most important positions for germany. what are the chops for this job? his qualifications? guest: his biggest qualification is basically that he has a has consolidated the finances of hamburg. fiscalset up a sort of policy system for germany which was not implemented. he is more focused on national politics and national finances. what we learned from this is that we will probably see spending continue. merkel backed him when we had the problems in hamburg. with him as well have first cap and seemed quite po

-- hamburg, he has introduced strict discipline. we cannot expect he has opened floodgates for more massive german spending. it will be shown in the reforms but i don't expect, nobody really expects that in european policy. seeingn that we are slowing growth, the threat of these tariffs, perhaps impacting germany's economy. issues on the top of her priority list, only a short window to get the signal in europe, europe is standing together and have entered a new phase. just to give more confidence in europe economically, so that we can move ahead. the trade war, she will put this top on her agenda. she has been saying we need to talk with the u.s.. i do expect there will be some movement on this. mark: thank you. next, chicago's fed president reacts to the jobs report. charles evans joins us. this is bloomberg. ♪ >> leverage has been building over the last year or so. mark: live from london i'm mark barton. vonnie: i'm vonnie quinn. this is bloomberg markets. markets are breathing a sigh of relief following today's jobs report. we are seeing the 10 year yield up. making a run for 2

businesswise than kim jong-un. donald trump sat with vladimir putin in hamburg for a couple of hours with no agents or very few agents in the room. that is his style and he believes he can do the talking and knows what to say. i think a lot of analysts are worried that kim jong-un will come with his grandfather, his father, a playbook, and he will have an donald trump may not. mark: donald trump has more to lose. is donaldde, what trump have to gain realistically from this? what is the best case an area? -- scenario? >> north korea is out in the gold, we have no diplomatic relations, china does, south korea would like to have at least something approaching standard diplomatic relations. there are steps you can take along the way to denuclearization that would be viewed as a positive on the world stage, occasion, a sense they will abide by some international norms when it comes to trade or on sanctions. a lot of things between here and there. if donald trump would say, what the heck, it is not working so let's see if we can make it work. he may a scenario where bring out dennis rodman

a hamburger, as the president once suggested. david: many thanks. the february up, job report shows robust job gains but moderate wage growth. this is bloomberg. ♪ david: is his number "markets: balance of power". shery: robust hiring but muted which growth in february. 313,000 jobs were added last month, bidding the consensus, and average earnings are up 2.6%, as he estimates by 2/10 of a percent. the data is concerned that the fed will raise rates asked this year -- always great to talk to you, let's talk about the labor market and how much insight these latest numbers give us about how much slack there is. surprisinglyas a strong number as you pointed out, and it continues and eight ht yearend -- eight your trend. there is still slack, and we had a 2.9 percent increase in wages of the previous month but we are back down to 2.6, and that is well below where we should be to make a meaningful difference to most workers. shows our prime age participation sign a large job, meeting the headline number. how will the job creation in february -- is the economy pulling in people in peopl

come from everywhere. we have great investors from hamburg, germany, tel aviv, prague sweden. ,we want to keep doing that, finding companies ready to scale up and help them become successful. caroline: plenty of companies become globally successful, one successful in the u.k. you just invested in. you put more money to work in their latest round. an institutional investor, an unnamed one. i want to talk about the new investors coming in today. .e have a company in germany you have softbank, vision fund putting phenomenal amounts of money into companies in the u.k.. is there a lack of capital in europe or is everyone getting , into the party? davor: we still think there is a funding gap in europe versus other markets like the u.s. this is where i think you see some of the new players coming into the market because they see that increasingly europe is building global champions. spotify, some of the global leading companies are homegrown in europe. we are seeing a lot more international capital interested in investing in these companies. i think what we also see is a lot more new ent

investors from hamburg, germany, tel aviv, product, sweden. and backo scale up them to help them become globally successful. caroline: plenty of companies become globally successful, there is a company you invested round.latest it has a institutional investor in that particular round. a an end one, i want to talk about the new investors coming in to europe as just today, have a company in germany joining tencent and you have softbank vision fund putting phenomenal amounts of money into companies in the u.k.. is there a lack of capital in europe or is everyone getting into the party? davor: we think there is a funding gap in markets, and this is where i think you see some of the new players coming into the market because they see that increasingly europe is building global champions. spotify, some of the global leading companies are homegrown in europe. we are seeing a lot more international capital interested in investing in these companies. will we also see is a lot more new entrepreneurial ventures being started. many more than we saw a decade ago. caroline: what about the like

hamburg in the next g20 which is called the global forum on excess steel capacity, to do with the substance of a problem. with in other issue, rather than taking lateral action, what we would advocate is that we create these institutions so we can go to the bottom of the problem. otherwise, you get into tit-for-tat, and everybody loses, and we do not solve the substance of the problem. mike: one other problem they will be discussing, or one other issue is one that involves tech companies around the world, particularly companies like amazon, google, and facebook, the tax digital companies across international borders. the oecd in the middle of that. this a major issue? angel: we just submitted a report to the ministers about that particular issue. is, this is not about taxing digital companies. this is about how you tax and increasingly digitalized world economy. even the store on the corner is offering digital services, you know? you can order through the internet. so, how do capture that? otherwise, ministers run the risk of a very fast eroding fiscal base that means a base in wh

pain how he might have a hamburger or coke with cam, so given the cover of south korea delivering the message, i think it was obvious he would accept the invitation. betty: he might get to do this chance to do that. a lot of members of the white house on the media this morning, in the sunday morning shows. mike pompeo joining as well. i want us to play for you when you said about the upcoming talk. >> never before have we had north koreans and a position where their economy was in risk and a leadership under pressure that they would begin conversations with us on the tim -- the terms that kim jong-un has conceded with. betty: i think the argument is, are these concessions or perceived concessions? i don't think north korea has absolutely conceded anything? sean: optically they have. the economy is stronger at kim jong-un has released the market forces. north korea is much more engaged and active than people realize. these are the most serious sanctions they have ever faced here in the maximum pressure campaign, which i think is moderate pressure because we have sanctions with the chin