support and political approach that they will do anything to keep happy the powers that be or the politicians at the ultimately have to respond to ok let's talk about spain's unemployment rate has recently jumped to twenty three percent suicide just soaring and greece these are the sort of conditions that you know we've seen before a lot america that leads to work dictatorships right is that in the cards now i think what we're going to see are populous politicians making hay from the current economic downturn where you're going to see is friends and people like marie le pen really going out there and saying oh we don't need this euro all our problems started when we joined the eurozone let's get out of the euro zone they're going to have those politicians in spain and italy and france they're all going to be saying that same two and they are going to get political traction they're going to get the vote and will be a scapegoat at this time who will be scapegoated i think is going to be bankers and i think it's going to be politicians who are now merged of the euro zone the one continent supercontinent idea i think those are the politicians who are going to suffer and the bankers i think are going to suffer if there is

a populist politician who is able to transform people's discontent into votes right now we recently interviewed warren pollock and he said he believes that bank holidays are eminent what are your thoughts on this i don't think there's ever going to be any kind of bank holiday in the near term future i think it's fun to imagine oh a bank holiday and like they're all hell breaking loose and all the rest of it but it's not going to happen for a very simple reason any kind of bank holiday in any country no matter how small greece portugal is going to be like a giant red flag and so the bottle and g.'s are going to go after that particular country and everybody is going to panic a bank holiday would create more trouble and more panic then simply muddling along and having the e.c.b. continue with monetization ok that was the argument for lehman brothers collapsed and the composition of lehman brothers is not far behind and ireland or portugal you know is roughly equivalent the same size it was a stomach lead to poor. and they're not going to collapse and yet because of some

wrangling that was done in the boardrooms of these banks on wall street for a lot of personal reasons we find out later animosities between these guys they simply let lehman collapse and we had this huge collapse in two thousand and eight so that was a bit of a bank holiday for lehmann and bear stearns and and there was a credit seizure in these global markets it wasn't an official bank holiday but the global credit froze right now well but that's that's different right that's basically you have a credit crunch is it going to happen again i actually don't think so because i think that these particular dogs have learned their lesson ben bernanke druggy respectively the head of the federal reserve and the e.c.b. the european central bank what they're going to do is they're going to put out as much liquidity as possible to prevent any kind of two thousand and eight liquidity crunch because that was the last quite a crisis that they know for instance at this point in time they are not afraid of inflation because they think oh inflation is so seventies we're over that so we have to worry about inflation we have to worry about liquidity crisis and so the

next time we have a liquidity crisis we're going to have so much cash sloshing in the system that there is not going to be a two thousand eight situation but think they they can create inflation they would love to see some inflation sure they can't seem to create inflation for every trillion in fresh credit they force into this this is a dead duck of an economy there's another five trillion suddenly in losses on banks' balance sheets that were not disclosed that more than cotton heated up about liquidity and it actually net net it's deflationary spiral continues unabated there is there's not there's no there's no way to stop this credit i'm not sure i'm not quite so sure look the situation and i agree with you that a lot of the losses sort of seem to sterilize a lot of the money printing going on but you do have to look at certain key commodities particular particularly copper. oil and gold no gold has

reached historic highs against the euro we have oil up there over one hundred we have copper comfortably over fifty so we're seeing that the possibility of inflation is not far away i would liken the situation to sort of like building a really big bonfire with a lot of dry tinder and throwing gasoline on it and you think well there's no fire but it only takes a single match once that match gets thrown in you know it's like an hour to the whole bonfire all right well there seems to be a bit of a split because the deflationary contraction that changing the global markets have repositioned gold from being a commodity to being a currency same thing for oil to a lot of agrees it's now currency and to some degree you could argue that maybe not so successfully with copper but so this is what's driving action in those markets versus some inflationary expectation but i want to switch gears for

a second former war reporter chris hedges is suing the u.s. government over the n d a the national defense authorization act he believes the n b a the course of corporations and banks preparing for economic meltdown to which they are will need to deploy military on the streets he's making this connection years thoughts. that they will ever deploy military on to the streets. they already have i mean if you start looking in every american city you have. homeland security agents who are stopping people when they get out of trains you know to check to see if they have explosives which is sort of ridiculous i think that you know the possibility of the united states becoming a police state. it's we're already there so i don't exactly see what exactly the point is i think that chris hedges i respect him and i wish him the best of luck i think that he's just going to be spinning his wheels but i think we saw here also is that it's pretty it's a proper tory act assuming that there is. a revolution in america and the

corporations who are going to be on the gallows this big they're taking the same d.n.a. as a way to authorize or make it easier for them so as they hire mercenaries and blackwater arrest people for no cause this type of thing but i think it's a lack of education and the fact that we have such a crowded education system in the united states sort of like paying off for a lot of people who want to you know cover over what's going on because in in more educated populace the kinds of things the things that are going on in the united states would not be allowed but they are happening in the united states the n.d.a. you know this this issue with chicago that they're going to privatized their police force or something it's a dreadful despicable but people are just saying oh it's no big deal and i think what's happening is that people are thinking it's not going to affect me so why should i care now that is the end of a democracy when people start thinking that and i think that's the point that has been reached in the united states that people say since it doesn't affect me why

should i care oh my neighbor gets dragged away by blackwater's you know people maybe he must have done something so i'm just going nor it now when you travel around europe gonzalo over the past few weeks what are some of the economic differences you notice and what you see kind of in the u.s. i would you contrast it things are seem to me being here they seem to be better than the united states there isn't the level of desperation that you're seeing in the united states and the level of panic that you're seeing in the u.s. which is really surprising the other thing that i'm noticing is that the people in europe recognize the crisis that they have but they seem to feel that oh they'll muddle along which i think is what most people think whenever they're in the middle of an economic crisis they don't think that this is the in the world the figure that will muddle along and you know it will get better just around the corner now whether that's true or not i hope it is but i don't think so i do think though that at this point in time it's looks like europe for all its problems it's over.

deadness and the problems of the eurozone seems to be in a lot better shape than the united states are so betting man would if you were to pick a country or two that you'd want to hang out during this global economic apocalypse what's at the head of the list. france i really low friends i mean i know that we're going to be at a fall in the food is great but i mean you know i could get your head you know into the game we're going to. talk to me more you know specifically about you know i think this is i think the smartest countries to go to at this point in time would be countries that you feel would be protected from a variety of threats that are currently in the air number one the environmental problems that we're having in the united states in support of fracking is concerned the possibility of nuclear accidents in europe and japan and the united states again the problem the possibility or rather if not probability that in the united states are going to have severe capital controls and you already have capital controls in europe so i think that all of these would lead you to think that. probably the southern hemisphere is where you have to go now this other him is

a mystery of being south africa australia new zealand chile argentina you're what those seem to be the countries that would be the safest to go but the same time you have certain environmental problems that are going on in chile insofar as pollution and so on jaago you also have a fairly strict control system they don't want money to just fly in fly out of chile and so you have the possibility of that then in australia new zealand you have the possibility that the australian and or new zealand government will wind up cooperating with the american government in terms of extraditions in terms of you know renditions stuff like that so each of them has pros and cons and you have to weigh them for yourself but it looks subjectively like the southern hemisphere is where you want to go alright gonzalo there are a. thanks so much for being on the kaiser report thank you for having me all right that's going to do it for this edition of the kaiser report with me max kaiser stacy herbert r. and i guess that is all the lire s p g dot com going to send me an email please do

so because the report at r t t v dot ru you can follow me on twitter of course max kaiser and i like tons of nice guys are saying by all.

the boy. a glimmer of hope for a peaceful way out of the syrian crisis as russia's foreign minister adamant in his pursuit of a diplomatic solution is into mascaras holding talks with president bashar al assad . strike in stalemate in greece people are on the streets again to protest massive job cuts as the coalition government struggles to agree on more austerity measures to appease creditors that secure a vital second bailout. and a discovery that could reveal previously unknown lifeforms russian scientists drilled deep into a subglacial lake in the coldest place on earth but explored the significance of

this rare finding with our correspondent in antarctica. live from our headquarters in central moscow you're watching r.t. with me and he said now it's good to have you with us four pm here in the russian capital two pm in damascus and syria could get another chance to settle its crisis politically as russia's foreign minister is holding talks with president bashar al assad in the capital so gay love probes visit comes amid the raging violence within syria as well as an international diplomatic standoff over how the unrest should be resolved or teaser group is following the meeting in the syrian capital. the meeting started roughly around an hour ago it is currently being held in cool doors we were able to hear. the first few minutes of the conversation between the russian

foreign minister and the syrian president here you know the atmosphere is very calm and rather friendly even the foreign minister said that russia stands for peace than an ngo meanwhile and here in syria in full view from all the syrian people now the foreign minister is accompanied by the head of the russian foreign intelligence service and they're here to deliver a message from president he communicated to president assad now the contents of this message are still on clear there are still yet to be announced now just to show you a little bit about how the russian delegation was to meet here in syria right after the foreign ministers plane landed in syria and as you said he is on what he was heading towards the mosque as it was greeted by several thousand you forwards was in full and what union flags and with cheney's flags and people were chanting thank

you washer and things you china agree with so many of them that at some point the conwell even had to pull together now all of this is in whitehall so the recent votes at the u.n. security council on the u.n. frappe resolution on syria foot forward by morocco and supported by the way it would be towed by russia and china on saturday due to its one sided approach has been. russia stands for both sides to put their weapons down and basically moscow has been painting fire time that this conflict is the responsibility of both sides both the government and the opposition which does have armed elements all of its schools. we will join your group is going to hopefully live after he does listen to comments from the foreign minister and president bashar that in the meantime let's get more perspective internationally on what's

happening in syria joining me is jeremy salt associate pastor of middle eastern historic history and politics and bill kent university in turkey thanks for joining us live on the line from ankara this visit by russia's foreign minister to syria the focus of international attention of course and carrying with that expectation that something can be achieved do you share that belief. i think what the foreign minister will do will come up with a plan for dialogue between the government and the opposition but of course has done this before and it often has been rejected but what it will do very firmly throw the ball into the other court because it is for the syrian government as a group of dialogue then we would be in the sponsibility on the other side to say whether it will take that dialogue or not. the un veto also cause an impasse within the international community but some may send same very desperate to get involved where do we go from here you have russia and china pushing diplomacy and other

countries pushing very different ways of trying to solve this conflict where do we go part of the problem in syria is that there are many many agendas different agendas there's an american agenda or gender this is saudi agenda. but they all converge on the one point of wanting to remove the syrian government from their point of view i think the. course is bringing down the syrian government not really reform it's about destroying us at government should be a kind of a glitch in the west in the middle east from the point of view of russia and china on this question from a regional perspective on the global perspective they seem to go on the red line after libya and what happened in iraq in two thousand and three they can't allow anything similar to happen in syria and of course what happened in libya with the vote at the u.n. was the warning sign and very much the u.n. support you can't seem to be used again for the same word someone who is down but i

personally don't think it's in the interests of the rest in power to. to promote dialogue i think they're anxious for this process to continue i think that they will let go just yet they want to see this government destroyed in the doing all in their power to see that it is worked on does that mean that you don't think it's possible that there's still a chance another perhaps so version of a u.n. resolution could possibly be passed in the future that in fact does satisfy both sides. i don't think so i think russia has made it clear i'm opposed or is possible russia it's making its own calculations according to its own interests and china is doing the same so we have to bear in mind the possibility that i would change their mind but if they don't change their mind i don't know that a resolution through the end that carries any possibility of intervention well actually there already is intervention a covert intervention that will carry impossible to open intervention carried out

by western states or meet the participation of turkey what already has made it very clear that the main problem in fact with this revolution was that it was very one sided and it didn't talk anything about these extremist groups that are provoking violence in the country and that bat was the problem why weren't western countries sign on to a resolution that would make it more balanced per se because they don't want to that's a very sick answer that question i mean from the beginning of this crisis the involvement of groups in what is going on has been completely under north by western governments and by the western media and it's a simple fact i mean there is propaganda one has to read the media very very carefully as to look at the state governments very carefully but i think the consensus view would have to be an honest consensus view is that since the beginning of this movement syria has been tempted by mobs of violence that very quickly overwhelm the peaceful protest movement and is fermented from outside and

the focus would be to maintain a situation process in syria to deepen it and to reach the point where the syrian government would more or less collapse all right jeremy salt joining us live on the line from ankara associate professor of middle eastern history and politics thank you very much for your analysis. well later this hour we will hear from the foreign minister of bahrain or one of the arab league members or shares his thoughts on what should be done to stop the violence in syria. yeah. the thing is after what happened in libya any country would think twice before committing to specific measures the situation in the region is extremely volatile countries are divided into tears of major and minor according to their geopolitical standing how close they are to one state or the other and their role in regional fields and so on a regime change in a minor country would not leave us and we journals going to the syria on the other

hand is very important to the reality we have to think very hard about the possible repercussions and complications we might have to deal with before we interfere in syria's openers. well public anger again has spilled onto the streets of athens where thousands of anti austerity protesters gathered in front of the part of the men police used tear gas to disperse crowds trying to break through the cordon around the parliament building well that's as greek trade unions are holding a nationwide general strike in response to massive new layoffs fifteen thousand job cuts is one of the concessions the greek government has made to appease its international creditors but the long delayed agreement on debt battle out terms has still failed to be realized and the talks continue this tuesday greece desperately needs the one hundred thirty billion euros from international creditors to avoid

defaulting in march let's discuss this further i'm now joined by philip baguettes professor of economics at king juan carlos university in madrid thanks for being with us it's taking the coalition government a long time here to agree on the reforms are they really likely to reject the bailout terms or is fear of the public reaction to painful painful new measures i should say holding them back i mean people now on the streets of athens as we speak david do the same as the promise to reform some of them only deliver the little i mean it's in the interest. only think short term so for the next elections. they will really do. because they don't want to lose votes and livingstone the. greeks are holding another nationwide strike in response to the cuts and we already see clashes on the streets of athens as i've said the government seems hugely out of

touch with public opinion do you agree with that. well it looks to me like the show the unknowns some measures then come the huge protests that. international creditors and then at the end they will. reforms and they want to continue this receiving bailout money getting. living through money to reduce the new thing that you're all about the greek prime minister reportedly has asked the finance minister to prepare a default report does that mean do you think it's inevitable inevitably i should say at this stage of default is this coming soon. well there certainly certainly to to to default. this would mean a huge loss for for you personally invested very much in the political

projects in europe. who are on the hook through the. other loads so they can. but i don't think. they want to fund you doing it because they want to receive more. but i think they . all right for that bank is professor of economics at king juan carlos university in madrid joining us on the line from prague this hour thanks for that. river. where you can see live pictures from the greek capital on our website as thousands gather in front of the parliament to protest us tara the measure is all that is taking place exactly twenty years after the european union treaty was signed max kaiser and stacy herbert check out the record after two decades the full program is coming up later here's a look. at their opportunity was last year to have

a coup d'etat and get rid of pap and rail and they could have been put in a populist government and they could have saved themselves but they failed to do that so it's finished for them ireland similarly is toast no hope for them whatsoever portugal under the bus spain no italy they have twenty five hundred tons of gold if they can hold onto it they're in good shape but i suspect that the current government will sell that italy's gold deal with the i.m.f. because they're totally corrupt and this leaves only germany if at the end of the day. well the former head of britain's m i six by agency sir mark allen is being sued by a pair of this this isn't libya he allegedly how caps are incentive for torture under gadhafi in two thousand and four they investigated may have uncovered several other backroom deals between the u.k. and the colonel first r.t.s.

ivor bennett has more. of a ducted imprisoned and tortured for six years all thanks to british government held those are the claims of two former gadaffi detainees who say they were captured by m i six flown to libya in two thousand and four abdul hakim is now libya's military commander along with sami el saadi he was part of the libyan islamic fighting group and they're suing a former british spy chief for complicity in the torture to me the most damaging aspect is that the just how much the british were involved in even just two cases of sending senior people back to libya and then the potential damages how much they knew about the nature of kid after his regime and how he and his officials were tortured prisoners that were that should have been obvious documents found in tripoli by human rights watch seemingly expose britain's key role in the libyans rendition within m i six counterterrorism chief mark allen pulling the strings

seventy allegedly writes in one letter sent to get daffy spy chief moose's. i congratulate you on the safe arrival of our last a deep mr bear hard this was the least we could do for you and for libya. the papers show the cia seized in bangkok thanks to an m i six tipoff al saadi was supposedly snatched by the m i six in hong kong both men were sent straight to libya and the notorious abu salim prison where they say they were tortured there are statements from u.k. authorities saying. that they are. they do not wish torture to happen. in the context of. those sorts of statements that. everyone would have known that there was an extremely high risk indeed or less certainty that these

individuals will be tortured but by that point the british government's love in with good daffy had already begun turning him from their sport to darling and it wasn't just good daffy you reap the rewards it's a mark alan was britain's negotiator in what was a two way deal it was in this exclusive london clubs of mark owen said to have met . his intelligence chief the alleged occasion a top secret dinner to celebrate the end of negotiations libya gets a seat at the international table in return for scrapping its weapons program and giving britain a lucrative oil contract one worth fifteen billion pounds went to b.p. in two thousand and four the same company alan had just joined even allegations the controversial release of lockerbie bomber mcgraw he was part of the saying shady deal to find them well and refuses to comment on the claims against him if t m i six hasn't denied complicity in torture but the government saying all actions had

its approval a long standing get out clause but maybe not now the secret's out so we know that ministers in the past resign from the sort of facts of complicity that those ministers themselves should face criminal prosecution in georgia a civil case against markel and could be just the tip of the iceberg of what went on behind the scenes between britain and get daffy the police have launched a criminal investigation to see just how far up the tree complicity may have gone either bennett party london. well there's more of them be on libya's alleged torture networks highlighted on our website r.t. dot com we have details on the death of libya's former ambassador to france who died just one day after being detained under the new government that more is waiting for you at r.t. that.