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great again he wanted to bring all the production back into america. which in a cost basis was you know completely nuts but that was a policy it was an all time arcade it was sort of you know going in on on themselves whereas the rest of the world was used to an america which was outward going and it was a fundamental change in the whole situation china you know basically china did the right thing i think strategically in she didn't really respond to what america did . just let america get on with it in a sense and try not to response but she did make 2 mistakes in my view the 1st was that when the situation escalated if a hong kong she decided to tear up the treaty with britain i think that was i can understand why they did it but i think that's a mistake. i think the other thing is. if you like very very. cecille view is that taiwan should be. a big china and i think that's going to be a problem thanks to see beginning to really make itself felt in the next 6 months or so i mean we've already got you know increased presence in china seas the american
great again he wanted to bring all the production back into america. which in a cost basis was you know completely nuts but that was a policy it was an all time arcade it was sort of you know going in on on themselves whereas the rest of the world was used to an america which was outward going and it was a fundamental change in the whole situation china you know basically china did the right thing i think strategically in she didn't really respond to what america did . just let america get on...
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is the brand brand america. i remember living in france, you to be talking to a french person saying how, how america is a cultural chernobyl. while they're writing their harley david motorcycle drink and coca cola eating at mcdonalds and wearing their ninety's. and clearly we were winning the brand war for many decades. but yeah, in china now with all of these big branded purveyors, i think nike and these other folks. well, start paddling this brand china, and word that's going to come back into the u. s. and once america loses its ability, that soft power associated with our branding or hollywood, our cultural export. then we have a different world that we're living in. but should we be sorry about this because the chinese culture has been around for 5000 years. gerald, they've got plenty to offer the world in terms of culture. a lot of start up. i mean, they got a lot of good things going on over there. why, why she re care? well, the reason we should chair is because it's run by the commune. so there is no f
is the brand brand america. i remember living in france, you to be talking to a french person saying how, how america is a cultural chernobyl. while they're writing their harley david motorcycle drink and coca cola eating at mcdonalds and wearing their ninety's. and clearly we were winning the brand war for many decades. but yeah, in china now with all of these big branded purveyors, i think nike and these other folks. well, start paddling this brand china, and word that's going to come back...
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at every single day this is a history of the usa america. the news is moving at a lightning speed slightly over the subject seem to be in play they say you know coronavirus impeachment fight in trump carbon copy topics but just happens to be a different order an angle of the day but one of the stories being miss what you need to know welcome to a new season of news viewers who are our goal is going to be to cover both stories which others miss and give you the 360 view of the topics you need to know so on today's show we are going to bring back into the spotlight the day when independent investors expose wall street manipulation and why it seems a robin hood has decided to get more active in politics and the cancer culture is obvious here in america but now it is spreading around the world with countries now becoming angry at the u.s. for allowing this strategy to infiltrate their borders we will have a live report from one from the streets of one of those countries which also happens to be one of our closest allies. eyes and while the impea
at every single day this is a history of the usa america. the news is moving at a lightning speed slightly over the subject seem to be in play they say you know coronavirus impeachment fight in trump carbon copy topics but just happens to be a different order an angle of the day but one of the stories being miss what you need to know welcome to a new season of news viewers who are our goal is going to be to cover both stories which others miss and give you the 360 view of the topics you need to...
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ok, and that's america today. that's america today and it's a big problem world. well, i think it's like the fiano system, it encourages that and it, it basically has caused the situation that they say that they wanna stop, for example, at warren buffett a, he's oh it, 1st of all he's always talking about like, oh, how he pays fewer taxes. less a percentage of his income taxes than the secretary. yet he doesn't like willingly pay more. in fact, he always like strives to like pay less and taxes. well, on top of that, for the, of a few decades, he pointed out what was true, which was that share buybacks is a bad thing because you're betting against america. and, you know, you could, you could use that money. usually the debt money to buy your share back or you could invest in america and invest in production. well, he's one of the top 10. berkshire hathaway is for sure. top 10 share buyback. queens big tact except intel big banks except wells fargo buffet incinerator most cash ever and q 2, the rest lags funded by debt since 2012 share buybacks have totaled $5.00 tr
ok, and that's america today. that's america today and it's a big problem world. well, i think it's like the fiano system, it encourages that and it, it basically has caused the situation that they say that they wanna stop, for example, at warren buffett a, he's oh it, 1st of all he's always talking about like, oh, how he pays fewer taxes. less a percentage of his income taxes than the secretary. yet he doesn't like willingly pay more. in fact, he always like strives to like pay less and taxes....
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itself wouldn't it make sense for america to bomb itself. yet really were max i mean it's you know we we've been you know look i love america and i love the ideals of mary so i love the founding documents we strayed a long ways away from what was written in those arguments i mean that's true says the old soldier is the only acceptable forms of money what happened there right now and you know the vietnam war you know millions of people kill for you know it domino theory i mean it's tragic some of the things this country has done and it's a long list and which is not to say that there are many great people and great benefits of this country but you know honestly some of the people that you know that rule and lead the military industrial complex you know i want to spend time like yes it's not a nice group of folks now over the past few years america seen a drop in life expectancy it's an extraordinary outside of wartime and can you relate directly to the consequences of u.s. dollars global settlement layer you kind of match alluded to this earl
itself wouldn't it make sense for america to bomb itself. yet really were max i mean it's you know we we've been you know look i love america and i love the ideals of mary so i love the founding documents we strayed a long ways away from what was written in those arguments i mean that's true says the old soldier is the only acceptable forms of money what happened there right now and you know the vietnam war you know millions of people kill for you know it domino theory i mean it's tragic some...
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like doesn't it if america wants me america should may not follow china in the censoring crackdown band yeah we have i mean we're going to have to get our own game playing together and figure out it's going to be essential zeeshan if you look at a few of the air promising areas the united states a commie you know electric field bugles with test low space x. bitcoin changing money these areas are decentralising using american creative ingenuity ingenious we're going to look for all solutions the economy around this type of area and we can outcompete china but it's not going to be done by the will playbook we've got to take new 8 years of this right i remember back in the eighty's when i was the story on wall street when i was working on wall street that japan was going to take over the world and the u.s. had to get used to being number 2 and then they unleashed the internet and japan could not really do what america did on the internet that was to create all these world class internet companies through the magic of interest of american entrepreneurial as i'm and so then we had a huge 199
like doesn't it if america wants me america should may not follow china in the censoring crackdown band yeah we have i mean we're going to have to get our own game playing together and figure out it's going to be essential zeeshan if you look at a few of the air promising areas the united states a commie you know electric field bugles with test low space x. bitcoin changing money these areas are decentralising using american creative ingenuity ingenious we're going to look for all solutions the...
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vacation and now it's orthodox christmas by the way for those in that part of the world outside of america so you know we had a lot of stories happen we saw that china they're saying a new report is saying that they're going to overtake the united states much faster than had previously i'm just been anticipated we saw goldman sachs there saying that the commodities bull market is back and you're going to see that ripping the face off the world financial markets and you see of course more stimulus checks going out in america and continuation of lockdowns so we enter 2021 on this and this is why you know max keiser is prediction about $20000.00 by the end of the year came true and that happened exactly as he had said back of the beginning of the year so that happened and i want to 1st look at i guess i will look at that news about china because i guess that's the most important really the 3 cities trap is that big giant story overarching all economic story is china it's over take us as the world's biggest economy by 2028 report predicts center for economics and business research says it expe
vacation and now it's orthodox christmas by the way for those in that part of the world outside of america so you know we had a lot of stories happen we saw that china they're saying a new report is saying that they're going to overtake the united states much faster than had previously i'm just been anticipated we saw goldman sachs there saying that the commodities bull market is back and you're going to see that ripping the face off the world financial markets and you see of course more...
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morgan kind of sets the tone of america business mores and there are crummy well when you look at the economy and you try to ask yourself well how did this all happen how do we have mass homelessness how do we have all these bubbles all over the place out how is the structure they con me so financial ised and then you're just hoping that you know somebody is nice to you that some somehow somebody is going to come in to rescue the system when over and over we've seen especially since 2000 they come into. if you change can morgan and j.p. morgan and banks in general are filled with people like this who will literally built their grandmother rather than not get their christmas bonus so we're going to look at some data you know when i saw a lot of people tweeting that story. it's a recent story so it made me think of what lynn alton who is a financial analyst was recently looking at terms of macro economics and the situation in america whereby you know we have a problem with the voters the deplorable people in this country who keep on voting for a populist you know sort of politicians tha
morgan kind of sets the tone of america business mores and there are crummy well when you look at the economy and you try to ask yourself well how did this all happen how do we have mass homelessness how do we have all these bubbles all over the place out how is the structure they con me so financial ised and then you're just hoping that you know somebody is nice to you that some somehow somebody is going to come in to rescue the system when over and over we've seen especially since 2000 they...
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america? i think you're wrong. if you listen to our guests are free, can guess dan collins, he'll say that their wages in china are actually very similar to here. there's a purchase in price parity. they have a huge middle class, the biggest middle class in the world, much bigger than here. and they actually work for their income. we here don't have to work for our income, where gifted it from by them, they're biting bucks. so the other thing is that yes, the wages in china have long been suppressed. and partly at the behest of those multinationals that are american own there american, there on wall street, there given funds from our pension funds, our state and local pension funds, all of our pension funds invest into these, these big box retailer. and in fact, the, the c e o is of those have benefited from the price that wage disparity. that is now closed. that is over. so china will be fine if wal mart pulls out. if kmart pulls out of, i think came, are actually bus. if target, if lowes of all of the big box ret
america? i think you're wrong. if you listen to our guests are free, can guess dan collins, he'll say that their wages in china are actually very similar to here. there's a purchase in price parity. they have a huge middle class, the biggest middle class in the world, much bigger than here. and they actually work for their income. we here don't have to work for our income, where gifted it from by them, they're biting bucks. so the other thing is that yes, the wages in china have long been...
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we want to take it to the rest of central america. allow as many people as possible to just a click of a button, be able to drop the word expanding to it as soon as we can to help out what's going on at the beach and the strike team. and yeah, we are also sponsoring in partnering with duck willow farms. the leaders of big point lakes big shot, the shot and me and who are going to lead this effort to bid point nice lake at the plan. so. so what happened at big point beach were doing and the plan, starting in soon? willow farms. we will work for corn. are you want to mention? we are in the mission. if i came in and i said, you know, here's a $1000000.00 in the us dollars. i want you to walk away from that because you're a dangerous man. what would you tell me? you would? what i mean, this is the attitude that's permeating throughout your generation. i take it, you're millennial or gen g or something like that. and you guys are, you're going to be running the world in probably 5 or 10 years. well, and you're going to be, it's all going t
we want to take it to the rest of central america. allow as many people as possible to just a click of a button, be able to drop the word expanding to it as soon as we can to help out what's going on at the beach and the strike team. and yeah, we are also sponsoring in partnering with duck willow farms. the leaders of big point lakes big shot, the shot and me and who are going to lead this effort to bid point nice lake at the plan. so. so what happened at big point beach were doing and the...
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what's the attitude of the people in america well when they can stop vomiting for 5 minutes and look around at their family that the mare everyone forgot about and they can't find the kids anymore. they then decide well maybe it's time to think about. some other country and that's i think we've seen this before usually you know people go on the move the history of the world as migration people are constantly moving to find a better land a better but more hopeful. except for the fact that ok if you get kicked off twitter or if you get kicked off facebook well create your own app create your own website except a.o.s. 8 of us and all the stripe the financial services cut you off and you can't do that same with america you can leave if you want we're totally 100 percent free to leave if we want how i do it big how ever i want to say however try to open a bank account in any country as an american you can't so therefore yes you can take bitcoin with but you have to pay your utilities you have to pay you know you need a bank account for a lot of the basics of life like utilities internet a
what's the attitude of the people in america well when they can stop vomiting for 5 minutes and look around at their family that the mare everyone forgot about and they can't find the kids anymore. they then decide well maybe it's time to think about. some other country and that's i think we've seen this before usually you know people go on the move the history of the world as migration people are constantly moving to find a better land a better but more hopeful. except for the fact that ok if...
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the imperial citizens of america is that our media so our media hyper propagandizes us and fills us with fear and hate for each other but people outside the world so they leave you stupid and this is an example there's this guy call. he himself is targeted as some like his twitter handle is called by american media that he's like some sort of agent of the chinese state because he's chinese and i think he lives in america but he travels all over the world and anyway he posted this tweet that you know if you had listened to alternative voices and said or just listening to c.n.n. what the understanding you might have had a long time ago so here he says how it started and that's a c.n.n. headline from a 2017 china's metro station in the middle of nowhere ha. what imbeciles these people are and then how it's going well that's today and there's a huge city around that station you know as the previous article pointed out they have 5 year plans right so this is how they do it they build the infrastructure 1st the metro lines the train lines and then they build the city around. because this is ar
the imperial citizens of america is that our media so our media hyper propagandizes us and fills us with fear and hate for each other but people outside the world so they leave you stupid and this is an example there's this guy call. he himself is targeted as some like his twitter handle is called by american media that he's like some sort of agent of the chinese state because he's chinese and i think he lives in america but he travels all over the world and anyway he posted this tweet that you...
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america spent a lot of money sent you know printed a lot of money sensitive people out their incomes went up by 13 percent but china raced ahead because they're they're not having to print money they're building in o.e. think of what we could have done with those trillions of dollars instead of everybody staying home they could've been outdoors where it's much safer with they could have built 5 space based stations outside they could have built grids like the electric grid falling apart in california falling apart in texas falling apart in new england like we could have been sent people like in the thirty's sent them outside to do the new deal sort of building if you're going to give them trillions of dollars like why not build something like we could have and that would have all stayed domestically and said we sent people chileans of dollars as we said in last episode there was a 13 percent increase in income well it almost all went to china because we know everything is shut down here so we bought stuff from china bought washing machines from china we bought refrigerators made in c
america spent a lot of money sent you know printed a lot of money sensitive people out their incomes went up by 13 percent but china raced ahead because they're they're not having to print money they're building in o.e. think of what we could have done with those trillions of dollars instead of everybody staying home they could've been outdoors where it's much safer with they could have built 5 space based stations outside they could have built grids like the electric grid falling apart in...
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right, well probably the greatest colonial playground for america has been latin america. and we now from reading john perkins book, confessions of an economic man that usually involved in comparing these countries with enormous debts. and if they don't pay, we sat in the ca and the assassins, and that's not high per billy, that's the starkly fact. one country is now stood up to the eye map and the ca and a dollar. that would be all salvador, the president to cali, openly mocking the i m f on twitter, and essentially summing his nose of them. it doesn't, this gave us some hope. charles. yes, it does, and in my, as you guys know, one of my little particular interests is, is within the crypto currency universe. i see a potential for a development in local crypto currency. so in other words, you can have global currencies like if they're in the coin. but locally, i'd like to see a country like el salvador, pursue a labor back crypto currency, in other words, local crypto currency. this issued for people actually doing useful work. and of course, that, that system, it idea her
right, well probably the greatest colonial playground for america has been latin america. and we now from reading john perkins book, confessions of an economic man that usually involved in comparing these countries with enormous debts. and if they don't pay, we sat in the ca and the assassins, and that's not high per billy, that's the starkly fact. one country is now stood up to the eye map and the ca and a dollar. that would be all salvador, the president to cali, openly mocking the i m f on...
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come to america to start their companies. that's what the dollar us number one, and i think what we saw in 2020 that's going to add i think people are starting to trust america much less. we saw. busy the cloud show though, the u. s. collection in 2020, we're not going to pick size here, but it did not make america look good. no matter which side you were on. we saw the protests, we saw that government shut down businesses. and now the u. s. the paying people to not work. this is way our into been yours will say why i'm going to come to america . the wealthy in america are now being humanize. i mean sure guys like you last can go gaze. super, super, super billionaires are still be in like praise. but if you are, but if you're not worth is between 1000000 and say 50000000 or 100000000, you hated using evil capitalist. that's not a society where people want to move to start their businesses, and they're going to look for other more globally, the centralize options and big ones, going to change the world. because now what bitcoi
come to america to start their companies. that's what the dollar us number one, and i think what we saw in 2020 that's going to add i think people are starting to trust america much less. we saw. busy the cloud show though, the u. s. collection in 2020, we're not going to pick size here, but it did not make america look good. no matter which side you were on. we saw the protests, we saw that government shut down businesses. and now the u. s. the paying people to not work. this is way our into...
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then learning was year before, i think we're a part of america the 3rd from or america the me. yeah, well, we're back. this is because a report summer solutions. my name is max kaiser. i'm here with stacy herbert. right, so we were talking about shortages and the 1st half i want to talk about over supply in the 2nd half of how money i the confusion of fee money with money and how it cause an oversupply. well, it caused an over supply of the elite over production of the elite. we've covered this before, that the concept made popular by peter church. and i believe he's at wesleyan and connecticut university. so as we've been printing all this money, remember the printing of the money is in order to fix the problem of the pandemic lockdown and the wealth gap. remember, that's what they say. that's why they're printed all that money, the trillions of dollars, and they expanded on the feds balance sheet. but also the government debt, you know, the treasury printed a whole bunch of bonds to send to people. well, billionaire wealth, reaching 20 percent of g d p risk of overheating, sa
then learning was year before, i think we're a part of america the 3rd from or america the me. yeah, well, we're back. this is because a report summer solutions. my name is max kaiser. i'm here with stacy herbert. right, so we were talking about shortages and the 1st half i want to talk about over supply in the 2nd half of how money i the confusion of fee money with money and how it cause an oversupply. well, it caused an over supply of the elite over production of the elite. we've covered this...
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only 10 percent of what america pays for. oil met ends up being paid abroad because it's paid all of the oil is imported, american companies, and this money that we pay. the oil companies really never leaves this country. it's profits, it's rents, it's machinery that we use to produce the oil. so the trade balance and the investment balance is really a problem. almost the entire problem with the american balance of payments, like the budget deficit is military spending. well, regarding your question about a demo stand of that was supposed to cost $2.00 trillion dollars. hardly any of this was given to us. it was all spent in the united states. so basically because of all of that is the military industrial complex. and the military industrial complex basically operates on a cost plus basis. in other words, it, it maximizes the cost of the weapons that reduces like the $35.00 and the markup on how much it's able to spend. so the military industrial complex, basically all the government things, you know, we need to make our prof
only 10 percent of what america pays for. oil met ends up being paid abroad because it's paid all of the oil is imported, american companies, and this money that we pay. the oil companies really never leaves this country. it's profits, it's rents, it's machinery that we use to produce the oil. so the trade balance and the investment balance is really a problem. almost the entire problem with the american balance of payments, like the budget deficit is military spending. well, regarding your...
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and jamie says the best way to euthanize america is to print money well certainly the u.s. dollars euthanize the u.s. dollar and it could be better for everybody after it's gone so hopefully you know for the majority of people and i don't think it's going to be so good for them jamie diamond of the world but for the bottom 99 percent i think it's going to be better if it's not the reserve currency because remember you have to run. on a massive trade deficit to have the u.s. dollar as the world's reserve currency sure they get to you know be men with guns and thug thuggery and you know beat people up that they don't like like in iran or venice well or whatever and they get to shut them off from the grid but at the huge cost to your own domestic population. now we look at another big queen story and of course i mean this is kind of funny because everybody hates iran mosque of course on wall street everybody hates him in the mainstream media that he keeps succeeding he keeps delivering results for his shareholders whether it's in tesla or space x. he keeps like like everybody
and jamie says the best way to euthanize america is to print money well certainly the u.s. dollars euthanize the u.s. dollar and it could be better for everybody after it's gone so hopefully you know for the majority of people and i don't think it's going to be so good for them jamie diamond of the world but for the bottom 99 percent i think it's going to be better if it's not the reserve currency because remember you have to run. on a massive trade deficit to have the u.s. dollar as the...
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latin america just as recently as maybe 2 years ago. and he was commenting on that point. it was not being at that time, but it sounds like in a short 24 months. there's been a sea change. there's been a big change. why just suddenly explosion of interest. there was i think it's lightning finally coming online and being usable. peter was just down there, we were just with him in some odd and brought him over to guatemala. and that's what we want to do is to empower people to be able to get off. and it's, and so on. in terms of our big point, beach has done it. and just that one town, it has now spread to the entire nation to the point where politicians can no longer ignore that they're having to explore, adopting a big point standard and dropping because of what's happening in big point beach. so we want to do the same for bottom on bitcoin lake in the plan. 300000 people living on the basin there with tons of family in the united states. how do we get them to save on their fees so that once they're transacting on lightning? thanks to a
latin america just as recently as maybe 2 years ago. and he was commenting on that point. it was not being at that time, but it sounds like in a short 24 months. there's been a sea change. there's been a big change. why just suddenly explosion of interest. there was i think it's lightning finally coming online and being usable. peter was just down there, we were just with him in some odd and brought him over to guatemala. and that's what we want to do is to empower people to be able to get off....
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what america is, you can say, is like athens in florida. you have america, is the oligarchy. supporting oligarchy, abroad and fighting against democracy, whether it's a democracy in venezuela or china, or cuba or russia, and it's installing dictators. it supports people that have caused democracy, but it turns out to be an jelly, it turns out to be the latin american dictators. it turns out to be the honduran, but there is no reproach. so the fight is between america promoting this finance capital idea that other countries have to sell their industry to american buyers. it has to let americans buy control of their industry . so the other countries are karen and i kind of financial colony of the united states. the united states has managed america and some other countries against that are countries wanting to become self sufficient, independent for their own food, rely on their own technology and case. the economic assert was great at home to recycle as industrial countries are supposed to do. so the fight between china and america is a conf
what america is, you can say, is like athens in florida. you have america, is the oligarchy. supporting oligarchy, abroad and fighting against democracy, whether it's a democracy in venezuela or china, or cuba or russia, and it's installing dictators. it supports people that have caused democracy, but it turns out to be an jelly, it turns out to be the latin american dictators. it turns out to be the honduran, but there is no reproach. so the fight is between america promoting this finance...
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they're lopping zeros off much their currency in america. they seem to be dedicated at adding zeros on. but i have a question for you. i would like to get your thoughts on this shoot. this idea that mentoring a trillion coin is somehow going to mitigate the problems of the debt that america has and the debt to fault. so why can't we just be honest about this and say that amir to has defaulted on its, on its sovereign obligation because one trillion dollars as you point out with the roughly 30 trillion dollars in exposure. and if you add the unfunded liabilities of medicare medicaid, social security is closer to $300.00 trillion dollars, you know? and they could just as easily say, they're benting a $300000000.00 coin. as they say that they're mentoring a one fine dollar coin. they still believe, stacy, as i understand it, that this is a stop gap measure because at any moment now, and they've been saying the staff for 30 years, but at any moment now the g d p is going to start up, skyrocketing enough. so that income, so go up so that the tax
they're lopping zeros off much their currency in america. they seem to be dedicated at adding zeros on. but i have a question for you. i would like to get your thoughts on this shoot. this idea that mentoring a trillion coin is somehow going to mitigate the problems of the debt that america has and the debt to fault. so why can't we just be honest about this and say that amir to has defaulted on its, on its sovereign obligation because one trillion dollars as you point out with the roughly 30...
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so that he can save america. do it on the screen right now. i rescued the economy. that's really cynical on the, on the part of the policy makers out there who don't seem to care about the collateral damage of their fraud in there. really bad magic in winkie doing show. gosh, golly, i'm upset. right. well, i think like all empires and stuff like ultimately end a whole grab bag of magic tricks back to the roman empire, clipping their coins. that was like a magic trick, right? and the end of the day, we all get to this point in terms of the cynicism that you mentioned. this headline here was interesting because it ties in with an audience. when, when you're a magician, you lose your audience when they're all cynical, right? they already, they know what you're doing, you want them to be like amazed and wow and ah, this is great. well, when they start going me, whatever, most americans to day believe the stock market is rigged and they're right. new research shows insider trading is everywhere. so far, no one seems to care. no one seems to care, they say, except of cour
so that he can save america. do it on the screen right now. i rescued the economy. that's really cynical on the, on the part of the policy makers out there who don't seem to care about the collateral damage of their fraud in there. really bad magic in winkie doing show. gosh, golly, i'm upset. right. well, i think like all empires and stuff like ultimately end a whole grab bag of magic tricks back to the roman empire, clipping their coins. that was like a magic trick, right? and the end of the...
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stick save to use another analogy an ice hockey analogy does america have a rabbit to pull out of the hat to save itself from what looks like a horrible hand ok maybe you know a relatively free society tends to be more innovative authoritarian society so that's how we've leapfrog the soviet union in japan maybe we do it again with china but who knows you know this could be a very different time all right well this was a fun episode starting off 2021 on a bang maybe a dollar collapse dot com might actually comes true this year after 20 years at it john or being one of our oldest friends he's been on the show going back years and years so so great to have you on john to get your perspective a very very valuable thanks for being on kaiser report thanks max thanks stacy i enjoyed it talk to you all righty well that's going to do it for this episode of cars report with me max kaiser and stacy herbert want to thank our guest john of being out of dollar collapse dot com scenics time. the way of life of reindeer hoodies leading a traditionally nomadic lifestyle of the tundra is similar to a p
stick save to use another analogy an ice hockey analogy does america have a rabbit to pull out of the hat to save itself from what looks like a horrible hand ok maybe you know a relatively free society tends to be more innovative authoritarian society so that's how we've leapfrog the soviet union in japan maybe we do it again with china but who knows you know this could be a very different time all right well this was a fun episode starting off 2021 on a bang maybe a dollar collapse dot com...
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it's really what america is about. ah, when our mayor took our place, he was elected because of his campaign on our city, being a tale of 2 cities, the haves and i have not. and those who have not are usually the ones who weren't being buried on holiday. the city is always wanted to forget about hold island. city is wanted to forget about the people who are buried there. wanted to forget about the fact that there is a potter's field that there was a place where difficult stories are hidden. the fact that we're using it made to maintain this act as burial site, where 1000000 souls are buried, where so much of new york city history is buried is document of the inequality that has existed in the city for centuries. ah, it's no thing. they can't ride on police reports in all caps in december 2020, a group of anti fascists allowed a film crew access for 3 months. so like if people organization, if an idea that it must be opposed that channel out the gate route, they may kill their faces. but they can say what they believe i
it's really what america is about. ah, when our mayor took our place, he was elected because of his campaign on our city, being a tale of 2 cities, the haves and i have not. and those who have not are usually the ones who weren't being buried on holiday. the city is always wanted to forget about hold island. city is wanted to forget about the people who are buried there. wanted to forget about the fact that there is a potter's field that there was a place where difficult stories are hidden. the...
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their you know their entire livelihood their entire culture destroyed in former you know rust belt america the former heartland of america the manufacturing centers so they've been humiliated the american population has been humiliated for a long time and because of that humiliation of course china's risen and as a huge superpower because of all the wealth creation that they do for the world and now we have the diplomats for the last like the last remnants of empire a and they're now being humiliated that's one way i like to look at it shoot i know there'd be fallout from that a blue ghraib prison scandal for not too many years ago but now we got our diplomats being able to go over there the chinese territory this is really escalating quickly the humiliation factor is for sure and i just saw the documentary the series. getting out of my head i forget the name of it as well but it's adam curtis adam veritas can't get you out of my head you know and he was talking about how china is still sore about the op. morris from britain during the 19th century and all the opiate overdoses and fentanyl
their you know their entire livelihood their entire culture destroyed in former you know rust belt america the former heartland of america the manufacturing centers so they've been humiliated the american population has been humiliated for a long time and because of that humiliation of course china's risen and as a huge superpower because of all the wealth creation that they do for the world and now we have the diplomats for the last like the last remnants of empire a and they're now being...
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you're going to, she protest all around the world in america. i don't see the fight. i just don't see it. the people have lost it to me. you know, you have, you have a 70 percent overweight, 42 percent obese and, and i just don't see the people with the passion. so g night and rally for freedom, right? yes. like the opium wars, back new member that the u. k. flooded china with opium and got them hooked and part of their imperial ambitions. here we have, you know, 90000 dead from opiate overdose last year in america and got a question. the geo politics of that. you know, you and i are big fans in new york city as a cultural hub. and talking about the 70, that seems like we're back to the seventy's back in new york. murder rates are high, and it seems like it's going farrell. you know, the city is collapsing and i would have far reaching impact. i would think around the america in terms of new york city as being a bit of a vibrant tub for what's happening or am i over stating at general, what are you saying? they're not always stating, you know, i just was down there th
you're going to, she protest all around the world in america. i don't see the fight. i just don't see it. the people have lost it to me. you know, you have, you have a 70 percent overweight, 42 percent obese and, and i just don't see the people with the passion. so g night and rally for freedom, right? yes. like the opium wars, back new member that the u. k. flooded china with opium and got them hooked and part of their imperial ambitions. here we have, you know, 90000 dead from opiate overdose...
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but america can't build a plant in america than intel's last large fabrication plant was built in china well we had under the trying to ministration he went and asked one semiconductor to put a plant in arizona that situation where intel's manufacture is based out of outside of phoenix and taiwan semiconductor is putting in a massive $12000000000.00 fabrication plant now the only problem is in arizona the problem is him. won't be ready until probably 2024 and in this area chip you know we're competing heavily now against china china slowing a trillion dollars into manufacturing semiconductors and you know the whole supply chain with its raw materials testing equipment with chip fabrication plant so they plan to dominate this century through chips and that's really where the where the area competition is so other by the administration has promised a commission to look into this u.s. chip manufacturers are asking for some of the trillions and free money to build a plant. you know this is it just thing because america same sort of completely lost its way here so instead of just figuring ou
but america can't build a plant in america than intel's last large fabrication plant was built in china well we had under the trying to ministration he went and asked one semiconductor to put a plant in arizona that situation where intel's manufacture is based out of outside of phoenix and taiwan semiconductor is putting in a massive $12000000000.00 fabrication plant now the only problem is in arizona the problem is him. won't be ready until probably 2024 and in this area chip you know we're...
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ok. latin america, central america, they've been doing this for decades, doesn't work. and america will look at venezuela and say, hey, you know, your country is all messed up. we need to invade your country, you know, but in it. but so why they adopting the venezuelan monetary policy? why are they mimicking? is it the example of you become what you have, right? america have venezuela. so they're going to become like that as well. i think it's an extreme scenario. it could become an issue. it's not, might be the case, i don't think it's going to be that way. and the reason for that is because i bring inflation tends to happen, starts with the instability of the current at which we're seeing in the us. we're seeing all over the world. but that leads to smart money to leaving bath, that particular country. so in other words, you see large corporations is starting to have capital outflows from that place. we're seeing that today in urgent gina, that's a great example of a place where most of the smart money is out. and so you start seeing a political environment to form th
ok. latin america, central america, they've been doing this for decades, doesn't work. and america will look at venezuela and say, hey, you know, your country is all messed up. we need to invade your country, you know, but in it. but so why they adopting the venezuelan monetary policy? why are they mimicking? is it the example of you become what you have, right? america have venezuela. so they're going to become like that as well. i think it's an extreme scenario. it could become an issue. it's...
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this is a modem history of the usa, my america. oh, now t ah ah, that even putins pledge to boost the gas flow to europe finally take some heat out of the market. thumbs up to record breaking price surges this week, which of seen so me, you members questioning brussels energy policies the news moscow files that count to request to the global chemical weapons watch dog, etc. america st. questions about the alleged poisoning of criminal critic alex in a valley. despite the o. p. c. w. still refusing to cooperate with russia on the case, we get her son from russia's envoy to the organization and gave a supercilious, there's a feeling that something else. how that goal.
this is a modem history of the usa, my america. oh, now t ah ah, that even putins pledge to boost the gas flow to europe finally take some heat out of the market. thumbs up to record breaking price surges this week, which of seen so me, you members questioning brussels energy policies the news moscow files that count to request to the global chemical weapons watch dog, etc. america st. questions about the alleged poisoning of criminal critic alex in a valley. despite the o. p. c. w. still...
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been exporting its inflation of china for 20 years and now china's caught up to america and now all that money printing that's been going on for 2025 years is going to show up as real inflation that's right the purchasing power of your feet money is going to go. down commodity prices of course are going to answer a secular bull market and because it has gone or ripped the roof off the sucker alrighty stacie right max while we have been gone for our christmas vacation and now it's orthodox christmas by the way for those in that part of the world outside of america so you know we had a lot of stories happen we saw that china they're saying a new report is saying that they're going to overtake the united states much faster than had previously i'm just been anticipated we saw goldman sachs there saying that the commodities bull market is back and you're going to see that ripping the face off the world financial markets and you see of course more stimulus checks going out in america and continuation of lockdowns so we enter 2021 on this and this is why you know max keiser is prediction a
been exporting its inflation of china for 20 years and now china's caught up to america and now all that money printing that's been going on for 2025 years is going to show up as real inflation that's right the purchasing power of your feet money is going to go. down commodity prices of course are going to answer a secular bull market and because it has gone or ripped the roof off the sucker alrighty stacie right max while we have been gone for our christmas vacation and now it's orthodox...
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the country we live in is called america. well, certainly they would be the biggest property owner by the end of their crime spree us call black rock, the biggest property owner in america bray. and i want to turn now to another story because when you know the money printing goes to the top, they get a 1st 0 percent. they get to buy the assets. that all the, the continuation of the money printing increases the price of assets, increasing their wealth, but inflation heads and inflation hurts the working class the most because they're living hand to mouth, they don't have that much money left over to save. and when you're meager savings, you have is eroded to inflation. you see that in this data coming out of germany. good morning from germany where inflation pressures keep rising. germany's wholesale prices jump, 13.2 percent year on year and september versus 12.3 percent in august. this was the highest monthly annual rate of change since june of $974.00 after the 1st oil crisis. from august 2021 to september 2021. wholesale p
the country we live in is called america. well, certainly they would be the biggest property owner by the end of their crime spree us call black rock, the biggest property owner in america bray. and i want to turn now to another story because when you know the money printing goes to the top, they get a 1st 0 percent. they get to buy the assets. that all the, the continuation of the money printing increases the price of assets, increasing their wealth, but inflation heads and inflation hurts the...
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and i wasn't known from black america. i learned how to speak back to whiteness. aboriginal people here more every die. we are out wanted system now with the police were out will to states, i'm scared that more children are going to grow up in the country that think says no racism, but they're more likely to end up in the criminal justice system. then there are other fellow friends in daycare people breaking news on our at see the f. b. i raids homes in washington and new york owned by relatives of the russian billionaire alike. durham pascal, the business men's representative say. the moves linked to u. s. sanctions. also ahead on the program, poland prime minister, luscious other brussels accusing it of blocked male bounce after the commission chief britons action against warsaw for rejecting european laws. we cannot, and we will not allow our common values to be put at least a commission will act. and the options are all new on 5 years after the bomb shall darcia'll allege, trump, russia collusion, the former.
and i wasn't known from black america. i learned how to speak back to whiteness. aboriginal people here more every die. we are out wanted system now with the police were out will to states, i'm scared that more children are going to grow up in the country that think says no racism, but they're more likely to end up in the criminal justice system. then there are other fellow friends in daycare people breaking news on our at see the f. b. i raids homes in washington and new york owned by...
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there's nothing that's i've, i've said many times the business model of america is fraud. and if you took fraud out of america's business life, you would have nothing left except a bunch of the, you know, native american reservations in north dakota somewhere laughing hysterically and they predicted the whole thing. well the, the thing is, is this is a can tell in air economy. and though the cable news will say that most people are deplorable and dumb. the fact is they see what's right from that. they see the emperor has no clothes. they see the can tell you the fact they understand the magic trick. now, they're totally bored. and now you see that many, many openly corrupt dictator con, right? so the 2nd point is that it's thought that they don't care. it's that the vast majority of americans are desperately trying to mimic and ape. the fraud that they see being committed by goldman sachs, jamie diamond, all the wall street bankers, the federal reserve bank, 2 of them called for insider trading. just the last few weeks. rather than that, there's another one. okay, so that
there's nothing that's i've, i've said many times the business model of america is fraud. and if you took fraud out of america's business life, you would have nothing left except a bunch of the, you know, native american reservations in north dakota somewhere laughing hysterically and they predicted the whole thing. well the, the thing is, is this is a can tell in air economy. and though the cable news will say that most people are deplorable and dumb. the fact is they see what's right from...
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now let's go back to america 1st. so i can, you know, it's built with checks and balances throughout the entire system. you've got various branches covering the freedom of the press and other things. one of the ways that america kind of saves itself is another checks and balance system. we have a lot of power in the states and we saw that in the civil war. you know, the way out of civil war and america may go into another civil war situation where the states who are going to abide by the constitution are on one side of the civil war. and those who want to become chinese social credit score mimics are going to be on the other side. i think, you know which side i'll be up and i'll have all the bit going, hey, we're going to take a break. and when we come back, much more coming here way, the me ah, ah, i think what your mind indeed gets up again with a great decision over the last 30 years it, it was the 1st decision which did not follow the course of the event and history was an attempt to change the course and the bigg
now let's go back to america 1st. so i can, you know, it's built with checks and balances throughout the entire system. you've got various branches covering the freedom of the press and other things. one of the ways that america kind of saves itself is another checks and balance system. we have a lot of power in the states and we saw that in the civil war. you know, the way out of civil war and america may go into another civil war situation where the states who are going to abide by the...
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it's already happening in america right now. people are just getting the stamey checks and they won't stop coming. they are going to allow people to live rent free. they're going to pay them more than they will get minimum wage. and so yeah, they don't care where the price a coffee is going because it's not their money. there's just a pastor mechanism to bail out bankers. and the amazing thing is that simultaneously we're saying interest rates go negative, surrendering into a period of the global economy, where banks are charging customers and savers to have money at their institution. and then that money that they take is going to be sent to the same customers to buy free cup of coffee. and this will be a looping around now for a while until such time as true, catastrophic resulting in sue's, which would be either on the environmental front where we're seeing the bile fear of the ability support human life is collapsing. or we'll see a bond collapse which will throw in immediate screeching halt to the global economy, or we're g
it's already happening in america right now. people are just getting the stamey checks and they won't stop coming. they are going to allow people to live rent free. they're going to pay them more than they will get minimum wage. and so yeah, they don't care where the price a coffee is going because it's not their money. there's just a pastor mechanism to bail out bankers. and the amazing thing is that simultaneously we're saying interest rates go negative, surrendering into a period of the...
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if another country threaten the white bob in america. we do everything on our part, a project in water, the escaping climate change is the same threat right now. alaska has seen some of the fastest coastal erosion in the world. we lost about 3535 feet of ground in just about 3 months. while we were measuring it is bad, and that means the river is $35.00 pounds, then it was year before or they were part of america, the 3rd from america ah, the ah the, we are segregated all along my social class. most people though, also covered by 1st name. if you're born in to a 4 family, you're born into a minority family. if you're born into a family that only has a single parent that really constrains your lives, chances people die on average. 15 years old, you born in the generational poverty, it's a, it's a fight every day to meet your needs and the needs of your family. me or i see europe at least is the latest technology, the big to render is borders impenetrable. to migrants as a block southern states demand for action, despite the newcomers else
if another country threaten the white bob in america. we do everything on our part, a project in water, the escaping climate change is the same threat right now. alaska has seen some of the fastest coastal erosion in the world. we lost about 3535 feet of ground in just about 3 months. while we were measuring it is bad, and that means the river is $35.00 pounds, then it was year before or they were part of america, the 3rd from america ah, the ah the, we are segregated all along my social class....