of denver. he joins us live from cambridge and that this is a fascinating story. and why has he given up his title? i mean, he says it's because his values are not quite in line with approaches, trends, modern methods of institutions. what exactly does that mean? well, i think it's a subtle but at the same time, very clear statement that the prince is fundamentally opposed to the direction that the country is going in under king abdullah, his brother. and that these claims that we have been hearing from the harsher my kingdom of jordan, but all is well within the royal family. that there has been reconciliation that the prince allegedly wrote this letter of apology a month ago. all of that is now put into question based on today's development. a, tell us a little bit more about him. he's very popular amongst the jordanians. how is it gone down with them? well, it's tough to know for sure. because this defiance by the, by the prince has really rocked the kingdom. so, you know, polling people for

of denver. and we had no idea where denver was. and my parents bought a a cart we started driving across america, and my mother said they said denver is the mile high city that we are not going up so maybe we are going the wrong direction laughing anyway we ended up in denver. my father started teaching at what was the university of denver actually had a whole international department is called the social science foundation, and he started teaching. he became a professor and he used to say there is nothing better than being a professor in a free country. >> so you had a perfect british or american accent at that time and you became more of an american accent, is a right? >> we had arrived on long island november 11, 1948, so we had thanksgiving came up and we were singing, we gather together to ask gods blessing. and i and i heard somebody asking and i thought who is asking? and i've been asking and from then on i asked. [laughing] >> so you were not wealthy but your father was a professor, and

ryan patel is a senior fellow at the school of management at clairmont graduate university and he joins me now from denver, colorado. always good to have you with us. >> thanks, rosemary. >> so, deutsche bank has global markets on a knife edge with this prediction of a major u.s. recession on the way, blaming the federal reserve's plan to control inflation with the aggressive rate hikes. but are there other factors at play here? and do you agree with this dire forecast? >> i feel like when you and i get together, we're breaking down this news, it's not always great. deutsche bank was really aggressive to the fed. they went further in the report saying how the last 40 years has failed, hasn't done its job in these type of sessions. in my view deutsche bank was also saying the recession was going to be minor. really, this report is really strictly focusing on the fed's ability to not control inflation. they believe, and they're putting in the report, that they won't be able to get it under control. i also think there's other factors in play here, not just inflation, but also the global ec

. >>> we're back now with our series, crypto universe. as digital currency like bitcoin explodes, so are crimes tied to it federal authorities are now expanding their efforts to deal with it, including one scam costing americans millions here's pete williams >> reporter: steve belcher of denver recently divorced and single again found someone on a dating app who seemed like a good match after several weeks of messaging she mentioned bitcoin and a website he could use to invest in it. he didn't want to miss out on another hot prospect after failing to cash in on apple and google >> i was like, wow, if i would have got in earlier on these technologies and this business, you know, i would have done okay at this point in my life. >> reporter: so he started sending the website money and getting payouts as he watched the value of bitcoin skyrocket. he poured more and more in and the website showed his bundle ballooning as high as $8 million but when he decided to take more of his money out, he discovered he could not. >> that's when i -- the re