and the u. s. as are going to go, well, you know, in china they're kind of making fun of us because we are, we do have some boundaries on, in production, in arizona. they're building them up and they're kind of share pictures now on the internet. look at this plants a years later, these things happen. so in china they build it in 6 months, but over here it takes a year. we just have the foundation, doug. so that's kind of going around on in twitter now, especially amongst the chinese will for your diplomats or kind of laugh and like, and we forced to chip makers a. com here it's a, that's a good idea. we have to produce something here locally. otherwise, we're always going to be at the mercy of china for chips. speaking of chips and high tech hallway, was in the news in 2021. and that came to a head with the arrest of the woman who is the daughter of the founder of while way . and i guess she was the ceo. she was released at china, sent a jumbo jet to come collect her. and she was met on the runway

it's something that the u. s. can possibly even remotely when, if they can't even beat the taliban, chance of confrontation and extremely high. as you mentioned in afghanistan, we left point $80000000000.00 and equipment, the entire russian military budgets. 50000000000. so it's, you know, this was we were literally chased out of the, or the country by the taliban after spending $2.00 trillion dollars. that, that's an extraordinary success. if people think we can defend taiwan, they're, they're, they're lunatic. so china has so many land base cruise missiles that can go through the 1st island chain all the way down to guam. that's taiwan is in the 1st island chain. she jin ping has said before 2025. taiwan will be reunited. so i think taiwan is on the clock. well, how that's going to affect us is 40 percent of the world's semiconductor. still come out of taiwan. when china has control of that, we're going to have to big for chips. we won't be able to make f 150. we won't be able to, to do anything here without chi

s. intelligence had been surprised by this, of course, you know, if u. s. intelligence has been completely gutted in china is, you know, stacy but came out earlier this year. the united states lost the entire network in china. there was over 30 people executed. they were hacked in all the cia assets or in china, had been gone for 2 to 3 years. so it doesn't surprise me. they have no intelligence on this. i mean, we're under, like you just said industrial, we're in an institutional collapse of some kind. you can see at the military, you can see it in the money printing. you can see in the lack of being able to get anything done. and that's where we're at also like if you turn into the cable news and particularly amazon be c like half of the tv presenters are like celebrity intelligence. bimbo. so they're, they're cia agents, f, b i, agents. and they're like on television instead, which kind of reminds you of the end of the roman empire, like there's a sort of bimbo vacation going on and you know, who doesn't want to be a celebrity instead of like going ou

now, returning back to the concern trolling of, you know, from the u. s. i want to make a note of like hillary clinton has a mullet now to kind of like tony blair has a mala, i thought it was bobby clark who played on the philadelphia flyers back in the 1970 s. she opened her mouth right now, she probably would be missing all of her teeth as a very karen hair do. i can't. i can't say minds not like needing to be a little bit fixed. i hope mine looks a little bit better than hers, but there is also elizabeth warren in the press and we just mentioned it at the end of the last episode. so i want to bring it up again here because you know, this is that the regime right? whereby everybody else gets the blame except for that mike. so hillary clinton was a new saying it's bitcoin, which is jeffrey. i sang the us dollar as reserve currency. it's bit coins fault, it's not the fault of j. powell or the treasury, or the congress or the mismanagement over the past few decades of the u. s. economy . it is a bit coin here. we see. as a reminder, elizabeth warren said, w

i think the u. s. things well, there could be worse things when, but right, just to be clear, the geothermal energy that all sound will be using to mind big coin, which is a fact stranded energy or energy that's not being used. it's, it's ecologically in that it has no ecological footprint. whatsoever, as a matter of fact, it pulls away from those industries that cause ecological problems. also in el salvador, the economy is set to grow and their carbon imprint footprint is said to decline again, that goes against those people that have been supporting the white elephant projects on climate change. we're finding out, for example, in great britain that the wind energy projects that they've built over the last 20 years are becoming years less because something like less than 10 percent utilization last year because we have a collapse of actually the wind flows around the world due to the ex, credible pollution that generates by 8000000000 people around the world. so again, help me understand, you know, h

you're in a china orbit or in the u. s. orbit. we'd be kind of be couple. well though we're still highly dependent on china for everything. i can use an analogy that china's gone into 1984 and the united states is going into blade runner. so china is highly controlled, it becoming more controlled, they're going to keep making mistakes like they did with bitcoin like they did in this year with the power shortage. you know, they told everyone to meet emission targets, they wouldn't let the coal producers, they wouldn't let the electrical producers increase their price. so they kind of slow walk electric production all the sudden there's no power. they're going to keep making these mistakes as they've centralized. as i've said before, china grew from capitalism. they were the wild west the capitalism, 20 years. finally, when they took over the world economy and they do own the world economy, keep in mind they produce twice. the electric chrissy united states does half of the world's raw materials flow into china for, for processing. their economy is far, far b

what were they going to do with all these dollars that the u. s. was throwing off by running a trade deficit by spending abroad by buying out or in companies they found they really couldn't do anything but recycle all these dollars to the united states by buying treasury bonds. because if they didn't recycle these dollars, there, it would go up and their exports a big price out of the market. so my explain how are going off though actually created a new form of international exploitation. and the herman ton a meeting abrupt burnam said, my god you showing, this is the biggest industry. this is great. will you come and join me at the 2? 0, he told me the ca and the state department were the biggest buyers, the super imperialism. and the duke got an $85000.00 grant for me to explain to the treasury department how the united states was getting a free ride. exploiting the rest of the world and making other countries pay for the military spending that was surrounding the rest of the world, military bases and taking off. you are not for a gold standard,

it's yet in u. s. the market valuations are still pretty crazy. but yeah, you know, it is headed towards one of those moments. one of those crises and then it will be time to take hard look at what you know you can find value in the us. so, i mean, you know, look, if you would, if i. 2 looked at in the 19 thirty's, if you would have bought the dividend aristocrats in the big well maybe they weren't dividend risk press. they'd cut all the demons. but you know, the what would turn into dividend aristocrats, the big blue chip companies that will be in time to do it now is the time to get out frankly. right next sam bruno from financial underground dot com. thanks for being on the special christmas dears kaiser report special. thanks, maxine stacy, great to be with you. all right, that's going to do for this additional kaiser report, special pre recorded christmas day years. event put the economic and monetary financial big picture into context with the legendary nick jam bruno enjoy your new years eve. will see you in 2022. ah ah ah. oh, when i want

so the u. s. dollar will be replaced the digital dollar. and if you don't spend it in 6 months, it expires worthless, that type of thing was, is coming to the world, a fee of money there simultaneously trying to increase the surveillance stage by looking at every transaction that exceed $600.00, which is to say all transactions, so they're trying to corral the population into a game where that's not fun. everyone loses. so do you think that big pointers will successfully succeed from us? yes i do because i what i see is grandiose ambitions that are matched by something making really do you know, it reminds me when they introduced all these, you know, cashed disclosures back in the sixties and seventies. they had all $10000.00. that was the, when you added something, a transaction over $10000.00 in cash or carrying more than $10000.00 in cash. if you had to report it in inflation has will not a weight completely. so it's completely, it's almost meaningless. and so basic and $600.00, my gosh, that's they, they basically want to surveil everyt

u s. dollar would plunge me, right. i should mention that if we can hear, i believe it's your dog in the back. yeah. that's, that is my dog in the background. apologies for that. whenever you hear someone at the front door package from amazon or whatever, you know, a bar. so that's, that's what happened there, and i thought, you know, i thought you train the dog to bark whenever he hears the word j. powell. now we're speaking of bar b, r j. pow. did you see what the former fed governor of wash came out and said, he explicitly accused the fed up purposely causing inflation. these guys, after they retire, they normally go on and say some sort of wishy washy kinds of things, but they usually don't come out with a full scale blast like that. this guy came out worst, came out and accused the fed, or purposely doing inflation and blowing asset bubbles. quite refreshing to see i was hoping that someone died during the after the f o m c meeting would actually ask how a hard question on this. but now they keep lot of in the soft

it looks like the u. s. in the military. industrial complex is looking to to increase the conflict in ukraine. nato is already expanded into many countries. there are numerous countries on the, on a, on the border that, that were part of the soviet union. and there are no part of nato. so, given the proximity of ukraine to, to russia, given the proximity to moscow, only 460 miles that the russian demands, the red lines are completely understandable. r t spoke to susanna murphy, a former advisor on russian affairs to ex us president, ronald reagan, who played a major role in relations between america and the soviet union. in the final years of the cold war. she says, the only way forward for both countries is by developing a constructive relationship. you can watch the full interview on r t international on friday at 8 30 am moscow time. but here's a quick preview of what was discussed. it is more important in my view, important than ever that switch that you are, the united states and russia develop a constr

the u. s. by supporting thank the companies like berks and by supporting stock by bags and clubs like warren buffet. they are driving the world c global complex, which is unconscionable. because you know, just because bill gays wants to make a few more $1000000.00, we're going to go to war. the rest of the world is so sad. this is america today ah, the you leaders join nato in promising tough sanctions against russia and a quote high price for any escalation of tensions and the break away don bass region of eastern ukraine. cnn fires producer after he's charged with sexually abusing children. questions are now being asked as to why it took 18 months for the police to make an arrest after a criminal complaint was filed last year. a new study finds the divisions in u. s. society could be reaching a tipping point with sociologists concluding that republicans and democrats may not even be able to unite in the face of war. and has global concerns spread over the o micron covariance the w h o europe

that's happening to the u. s. 2. and yet remember, these are big is a huge long term trends, and we're just taking a snapshot and time. the important thing is to get the big picture right, because most people don't get the big picture and they thought they're focused on their day to day stuff. you want to get the big picture you want. you don't want to be left behind. and, you know, when these historic trends play out, so i think that's what's going to happen. it's, yes, you're absolutely right there. the nation state is power is going to have to be broken and it's going to be broken. i think through bankruptcy and losing wars which is clearly have a question about cycles because i know you study the big picture as you talk about it. they've got the 4th turning, which is the generational cycles that we've talked about a few times. then you have the 3 cities trap, which is a kind of one power giving way to another power, in this case, the u. s. giving way china. so if you've got a china, of course, is emerging on a pu

s. and e. u. leaders sounds pretty aggressive . we see plenty of fake news about russia allegedly planning and aggressive invasion. china shrugs off a us boy cancer this winter olympics pointing out that the american diplomats weren't even invited or european states imposed mandatory vaccination. discontent sweeps the blog that been processed on the streets and politicians have declined what like grounded shopping state to collision.

of the u. s. economy is a big claim. here we see, as a reminder of elizabeth, warren said, wondering why your thanksgiving groceries costs more this area because community corporations are charging americans extra just to keep their stock prices. hi, this is outrageous. her statement is indeed outrageous. i mean, suddenly, out of nowhere, these corporations all suddenly became greedy and had nothing to do with the 6 trillion dollars printed last year in treasury bonds that were given to the people essentially and base money supply that had nothing to do with that. and she refuses to mention that that is the same problem with hillary, clint as identifying is that their us dollars reserve currency is under threat because a bit coin. they, that the, to that concern trolling goes hand in hand. gray. bitcoin is a light. and when that light is flicked on, like we say in el salvador there goes hillary clinton and elizabeth warren to cockroaches, warning for their lives to escape the light. and um they, they really, they really

as the u. s. dollar has declined. he knows that rolling over this debt over and over and over until we've hit 0 and now negative real rates. well, that's not actually paying off her debt. and there are many, many funny means, but we're not going to talk about that at the moment because i want to get into the fact that here paul probably was saying that the bottom 99 percent the bottom 99.5 percent that they benefit somehow from inflation, because inflation, you know, inflates away the debt that you have. well, right now, the stock buybacks another story that max might have been covering quite rationally and quite interesting lane calmly over the past few years. is that stock buybacks have been hollowing out the economy, hollowing out industry, hollowing out corporations by swapping the productive assets and the assets. you know, full stop and swapping them with debt. so this past quarter, the 3rd quarter of 2021. we saw a total of $234000000000.00 in stock buyback running at an annual rate. that's a trillion dollars.

we have 2 cities trap, the u. s. that we're with dynamic with the rising power. and in the end of the dominant power, establish power, that is going to be a huge trend that plays out. i hope it doesn't turn into war in jury. well, could. let's look at the positive side. okay. we're heading, it's almost new years eve. everybody's ready to party, they want their want to look forward to 2022 and beyond. so, you know, maximize lived in europe for a long time. and one thing you do notice is that in the history books that these were huge empires. they were colonial powers. you talk about africa, they ran most of africa and divided the love. well, when the british empires at their peak, they have like dickensian times, right? horrible times of the ordinary person. same in france, you see, you know, prior to world war one, world war 2, you had very malnourished people. you have all this fountains around that were donated by a wealthy person because there was so much like disease amongst the ordinary people even or well wrote about a down and out in paris and london. so,

as russia's top diplomat notes, the u. s. has torn up practically every treaty with moscow, sergey lab wars. the kremlin won't take kindly to even more harsh sanctions threatened by his american counterpart at toxins. we'd the trove of documents appears to show the u. s. government failed to prosecute cia employees suspected of child sex abuse. was your headlines this hour, my colleague and your farmer will be here in just about an hour's time with a full and fresh look at your new stay with us. this is our jan fashion. ah, i max kaiser, this is the kaiser re port one of the many paradoxes of big coin is that it wants everyone to attack it. that's what makes it strong. acid makes security go higher. that's it makes the price go higher. and now we've got some new delinquents on the same attacking bitcoin, stacy, well max, we have what are called concern trolls in the i guess you could say there's slipping into the big coin world from the monetary universe of theat. and they are looking very troll, like 1st of all, i use this p

that's by design, the u. s. by supporting bankrupt companies like hurts and by supporting stock buybacks and crooked like warren buffett. they are driving the world to global conflict, which is uncomfortable because, you know, just because bill gates wants to make a few more $1000000.00. we're going to go to war with the rest of the world. it's so sad, but this is america today. i think you're going to do that song of the thing . it because, you know, of course, everything is copyright. that's the only thing that's still a productive asset. you could say in the united states, but, you know, the other thing, this inflation and inflation propaganda happened to, after it was reported by oliver darcy, who, i guess he works at sienna, or knows people who works at sienna. and what we're saying is that sienna and executive and reporters were meeting with the white house meeting with jen to fax, and they all decided that we need to have like, better news, economic news. it needs to be present as like a sure cheerful, ha

and i want to show you when i look at the u. s. dollar, when i look at u. s. dollar monetary policy, when i look at global monetary policy, this is what i see, and i see it's so much so that i actually tweeted it. the dollar after yet another round of free money injected into markets by the fed. this was referring to a new york post article in which you see this image of a woman before and after woman with the world's biggest lips is getting even more injections. you know, when i look at the u. s. dollar as it was in 1971. that's what i see when i look at the u. s. dollar. now this is what i see on top of that, this woman is getting more injections and the fed keeps on talking 1st. they say they're going to taper, i'm going to reduce the size of my lips on the, on the us dollar. but, you know, they'll inject it with more, you know, they'll inject more silicon into the economy, more free money, more free credit, more stimulus into the economy and we'll get even more absurd lips on this economy . oh, yeah. well, you know, this has been going on since alan gre

the u. s. government's bidding. it's after the social media giant worked with a washington think tank in suspending. more than 3000 accounts from 6 countries for alleged state backed propaganda. also ahead the u. k. royal college of midwives apologizes for news supposedly inclusive guidelines describing mother's us post natal people. a former n h s nurse believes an influential lobby group is steering the conversation is easy yet can now the example of stem wool going in with diversity.

well, of course the u. s. dollar, as paul craig, mom pointed out his back. my men with guns and violence does have some power in which is value. so it's certainly they do have a monopoly on force around the world that they can apply almost anywhere on earth without any sort of consequence. so there is that, but in terms of what jamie diamond said here was an interest, a response from gobber go back suits with a van act that e t fund. he said the monetary value though, looks over a trillion dollars exactly what you're saying. so it, okay, there's no intrinsic value, but there's monetary value, which is the trillion dollars market cat, right? the because is perfect money and then it has no utility value to order intrinsic value to interfere with price discovery. if it's d monetizing gold, silver and the dollar, that's why gold is people are selling their gold to buy bitcoin because gold is a less perfect in terms of being a perfect store value them bitcoin. and so it's being ah, that a d monetized. and that's what we're seeing happening and the numbers speak f

s. banking system still runs on cobol, which hasn't, it says 60 year old software program, right? but with this energy grid. and it's interesting because the energy underlies everything, as you mentioned under the economy, can't move forward without energy, without the oil production without energy production. we can't have anything, right? so they're trying to reduce the energy, perhaps, maybe to make their economy look better. but they're, they've built these systems, these renewable energy grid. they've invested a lot. and now all the things they thought were, what it was can be like, the past doesn't necessarily equal what the future returns will be i the winds are not there. so just look at some of the data. what happened in the united kingdom, especially this past summer? britain, the wind powered output as a total percentage of installed capacity, hit just 11 percent between february and march of 2021. that amounted to the countries longest spell of low wind and over a decade repo

twitter faces a barrage of accusations that it's doing the u. s. government bidding. it's all after the social media giant worked with a washington think tank in suspending, more than 3000 accounts from 6 countries for alleged state back to propaganda. the u. k is well, college of midwives apologizes for new supposedly inclusive guidelines describing mothers as post natal people. the former and a chess nurse believes an influential lobby group is steering the conversation is easy. yeah, to know, for example of stonewall going in with diversity offices and telling people how to reset her thing king of that name based and in a landmark ruling, a woman born with a spinal defect wins her case against the doctor who 20 years ago is said to have failed to advise her mother poorly properly about having children on our website, you can see our guests way in on the verdict because what i do now with medicine now in 20 years time, we may judge my actions as a doctor to as completely wrong but there is something rather bizarre about somebody saying, and i mean, this is a sensiti

that's what i see when i look at the u. s. dollar. now, this is what i see on top of that, this woman is getting more injections, and the fad keeps on talking 1st, they say they're going to taper. i'm going to reduce the size of my lips on the, on the us dollar. but, you know, they'll inject it with more, you know, they'll inject more silicon into the economy, more free money, more free credit, more stimulus into the economy and we'll get even more absurd lips on this economy . oh, yeah. wow. you know, this has been gone on since alan greenspan, the 1980s. bernanke, you, janet yawn j powell, they live. they say that they might be reducing rates or tapering, but in fact, they're just going to print more money. and i think that to give people an idea of how bad the situation is or to be more honest about it, they should inject their lips with some kind of feller every time they testify before congress because they are in effect lying. and over the years you'd have, like alan greenspan lips would be stretching from echoes building and wa