[000:00:00;00] live live . i am as kaiser this is the kaiser important member dr sulu mr sulu from star trek george takis got his happy dance you know ever seen. mr sulu savita i got my own up in this is bitcoin heading to three thousand and. three thousand i can feel it i can feel it on his way to five thousand. but there's other stuff to talk about.

now really stacey max of course everybody knows we are the financial war report keiser report so i do want to ask people to live tweet us on that stacy herbert he's a max keiser if you see the background of new york city behind us get nuked that could be king john on because he read an old tweet of date of donald trump from four or five months ago and apparently insulted him and now he's threatening to nuke new york city just so you know if we should you know tell us as you do. yeah it's amazing and of tweets take five months to get to north korea that seems odd i realize it's not the most developed country in the world but twitter should be happening more or less in real time korea's in the news a lot this week with pot coin sponsoring dennis rodman to go to visit kim jong il doesn't that was his father know what this kid's name yeah and suddenly the

student that had been captivity in prison for more than a year he set free see so krypto what tolly around the government regulations to sponsor a celebrity to free a guy from prison in north korea that's the power of crypto now magnify that a million times and you see why the nation state as we know it is toast. well you could have all the individual sovereignty you want there are still nation states out there and in charge of the biggest most powerful of them all the united states is a man a madman with access to social media so he tweets to kim jong un and insult them and causes maybe the background behind us a new york city to be wiped out he tweets about cutter and destroys relationships there with the cent com and a huge military base with ten thousand us soldiers there says cutter yuk he's about to he says he's speaking in miami about cuba as we record this so we don't know

what he's going to say but he's apparently going to roll back some of the. the easing of the restrictions on trade with with. us talking the globe with this big swinging it's not you know we're encouraging buildings and stuff so what i mean it's great he talks directly to the people uses social media people know what's on his mind he may be a little on the spectrum side of crazy never get stuff done so i want to talk about. this era where entering because we have a lot of political insanity happening donald trump doesn't help it but we have the rise of the millennial generation and we've been warning about this for a while but it's only been in the last year where the millennial voting block is actually bigger than the baby boomer voting bloc you're at the very tail end of the baby boomer generation x.

so we've just like floated in the tail stream of whatever gender the baby boomers do but now we have a millennial and they have new wants a new desires you could call it a fourth turning as many people call it but here's a tweet from the elections that happened in the u.k. so bernie sanders effect u.k. style generation gap hits tories corben next pm and this is mish shylock a mish talk and he refers to a tweet from. robert peston and said we're witnessing the starkest generational split a ballot box for years with the young backing labor and old tories he follows up with this and he says we are entering a period of chronic political instability and another general election in the autumn looks and navigable but i want to show you the actual chart of. of how age has become the new dividing line in british politics i think it's all across the world all that red is labor voters all the blue or tory voters these are the old people these are the young people and you see there there's

a huge difference between what's going on the tory voters are the older people they had a great set up you know post world war two we had a huge amount of wealth than the united states we had zero debt anywhere in the united states we introduced debt debt loads they were the first in on the ponzi scheme the young people are the last then on the ponzi scheme and they want to end this ponzi scheme perhaps start a new one well this war between the generations is not new you know the folks at the top with a lot of money tend to be older and they don't want to share that wealth with anyone under thirty and so you have things like huge student debts to finance college to benefit pensioners that doesn't benefit students and that's an innovation brought on by neo liberal politics post reagan that are to keep the status quo as hellacious as it is the difference i think now is that the cost of creating and distributing alternative media has dropped to near zero in the u.k.

outlets like the canary from that fabulous woman mendoza kerry amanda berry and mendoza who we've had on our show i mean she's she's that was widely quoted as the telegraph or the times and she's rocking the boat and so she's really helping to frame for this generation why they should vote for example jeremy corbyn and what that means and i think that's the big difference as we saw this youth uprising beginning with the arab spring and we saw occupy wall street and we've seen all kinds of movements black lives matter you know we've seen these moons come and now they're starting to have huge political impact well i want to point. out that the media seems to not understand them the economy nobody seems to understand who these people are after the u.k. elections apparently on the sunday talk shows on the b.b.c. and all the other sunday talk shows in the united kingdom they don't have a single guest under thirty in the united states the same the beltway is basically

run by generation x. and their lackeys they're like toadies and poodles to the generation they get whatever drugs the boomer has. left off and they're like hip to the boomer generation but the fact is you have to go online you have to go to the young turks you're going to zero ahead you're going to well are a little bit older but you have to go online to find people under thirty and what they want what they desire here in the in the united states we had the bernie bros they got dismissed by the generation x. or is on the beltway saying oh those are just bernie bros the like they're the all there we don't understand what they want what they are and who they are so in the united kingdom the korban quick is the youth quake they call it the youth for today how the twenty seven thousand election changed the political landscape the youth quake was a key component of corbin's ten point advance and labor share of the vote exceeding even bill ayers nine point gain in his first one thousand nine hundred seventy

landslide no official data exists for the scale of the youth vote but and a lead exit poll suggests turnout among under thirty five's rose by twelve points compared with twenty fifteen to fifty six percent the survey said nearly two thirds of younger voters back labor with breaks it being their main concern and i want to say bernie would have won bernie one of one bernie would have won based on those data because so he's saying a twelve point rise in the under thirty vote the millennial vote fifty six percent of them went for seventy two thirds of them went for a labor well in the united states support for hillary was down from obama so she was down twenty percent in wisconsin. it was down one thousand percent in pennsylvania and sixteen percent in florida twelve percent in north carolina on obama those are the states that she lost she was not expected to that's why she lost to donald trump because the millennial did not turn out for her and just about fifty percent

a little bit over fifty percent sixty percent of. millenniums voted for democrats the fear of course of the younger generation is that if they buck the trend and go against the status quo it all in danger their prospects in life and so many of them sell out basically and get jobs in the city or on wall street and they don't continue in their youthful exuberance for many enough years to make it a permanent solution a permanent movement but now not to belabor the point but now with things like crypto currency this millennial generation can bypass the entire financial infrastructure and create their own financial reality many of these millennia old now even teenagers have become multimillionaires in the crypto space and those folks are figuring you know i'm already thinking about their legacy what they want to do with their future they're nineteen years old they've made five million dollars in crypto and they're thinking you know i want to do something for society they're already at that stage where

a lot of these old codgers get to when they're sixty seventy years old how do i give back to society we're seeing that the millennial generation is going to have a profound impact on how society operates going forward well the millennium is i think our equivalent to the baby boomers of the sixty's and seventy's when they had the voting age they were misunderstood people were angry at them if you turned on c.b.s. news or n.b.c. and we only had three networks and they were alarmed and shocked and disgusted by these long haired hippy freaks and what the heck did they want there they're the bernie bros of the generation now they same thing happens as our media landscape doesn't understand who these people are and what they want and they're alarmed by it but i think they you know who is that janis joplin saying that freedom's just another word for nothing left to lose and they don't have anything to gain by our current system set up by the baby boomers where the baby boomers have one and they're ready to cash their chips on because of course they're all retiring so it's interesting that this fourth turning sort of moment comes at a time when the baby boomers are ready to cash in their chips ok they're like ok

we're going to time to cash out of this ponzi scheme and we're going to go retire to the caribbean and millennial so like. well the baby boomers who are getting set to retire cash in their chips as you say they're not the same as private keys so they're going to be wiped out with inflation a stock market crash a bond market crash so they can very easily get wiped out you know they'll be coming begging bowl in hand to the millennial please please twenty two year old i need. some the third to buy a bowl of soup you know and that's the way it should be you know i believe if once you get over a certain age if you're not being productive you know it's time to shuffle off your mortal coil and head to ever after you know there's plenty plenty of parallel universes out there to travel to you don't need to be mucking up to suit this planet well with that i want to read this quick headline but then go back to something else the sad spectacle of hillary clinton slow motion breakdown read it

because it is funny she is a having a slow motion breakdown she's the oldest of the baby boom generation by the way she's sixty nine seventy right there and the oldest of the generation by the way bernie sanders was a silent generation he's older than the baby boomers and again bernie would have won more young people voted for bernie sanders and trump and clinton combined by a lot so bernie sanders in the primaries won eighty percent of the millennial vote so just so you see that's based on what happened in the united kingdom bernie would have won based on how the millennial would have been more inspired to turn show up instead we have the media melting down along with hillary clinton in order to sustain this there ponzi scheme economics there ponzi scheme cultural superiority teresa mayes having a breakdown to she goes home gets into the best slathers or suffer the marmite and reads old queen speeches we've got to go straight to the talk about much more

coming away. what you will. never see on american should be you one terrorist anywhere else this story was completely almost completely left out of the western mainstream press you won't see anywhere else this is not talked about on c.n.n. because it's not you won't see it anywhere else things you hear on crossfire. president bush said you just did you see he doesn't see marshmallows as the ground for president again and again. not been here for the long haul. so there's no read need for it but. you would like to. extend martial law for

personal reasons of course. but also dead to the ship. it was suggested. and a fairly strong one there were two thousand. in the study it's a very extensive study done by a well respected scientist. do chemicals that down the advertising. really increase the risk of cancer and i chose a means of known to infuse them in the launch into a shared skepticism they do not believe that this is true by independent scientists so did the industry paid you for this. confrontation through my time as was the others why is that the meat lobby definitely didn't like what we were doing and if you want to learn more you'll get

a definite on seeing the flop around here not go back to. big business against health. care started. in safety. welcome back to the kaiser report i'm max kaiser cuba. cigars rum education. would like to welcome my guests. this is a bit of area from cuba ventures corp so it's the toronto stock exchange we're going to be talking about the lido welcome pleasure all right south cuba is a fantastically interesting spot it's got a huge history with america politically speaking and then suddenly under the obama

administration it's been opened up or trying to be opened up it looked like there was going to relax sanctions right and there was going to be a great boom folks are really curious about it you know you had to have been a vista social club. you know that great music was happening well me have a situation right now well bombers relax restrictions on tourism mainly to say travel and we and also trade as well so what how does that he's created a bureaucratic listing of twelve categories and which people american says is can travel to cuba for the first time legally however it does not include tourism people who go there for so what occasionally purpose is cultural purposes journalism professional research that sort of thing for the time being the brothers category for travel it is called people the people also support the cuban people all that really means is that the people that go to cuba for united states to show

that they're spending money what the locals ranges from taking taxi rides to the so-called that raffish in this which knows paladar spanish there's a terminology those casa particulars which basically that impresses you this so if i was going to show that to spend money that way the basic compliant with ofac regulations that legalizes their presence in cuba and also legalizes the spending of u.s. dollars in cuba which is very important because otherwise whoever goes there could eventually get to some problems with the treasury department over their presence their rights out the cuban government is is good with this right there i cast. no is no longer a power and they have kind of come around to thinking that ok we're going to get more tourists and hair were right you know we're happy with all this and so americans is an entrepreneurial country they have become a tell chains they they look like

a big money maker there what's what's what the americans a cousin or trumped out revisiting the old past the revisiting the sanctions they're trying to go back for us is that true there's talk about it i mean what you have right now is a situation where the cuban government is reaping in the bonanza of obama's riposte if you will we cuba. last year cuba attracted four million tourist which is a record fact country and includes our relationship it allows a million basically and so obviously tourism has become the main economy right now it is no longer a sugar paste economy anymore the ripple effect of the tourism economy obviously is that while castro did was he said ok we're not able to employ everybody here in cuba so we're going to do is x. number of the visuals we're going to give them licenses to become what they call clinton for peace does which are basically independent business people that ranges from be able to drive a taxi to operate about

a preface you in the power of dollars you know that sort of thing that again because a lot so what happened they let these business people now kind of break free from the prevailing communist orthodoxy to what they call them what went up the piece this piece does right. floyd self-employed ok this doesn't divorce from the underlying communist manifesto as it were right and they're for then they can be sole proprietorships or business people you know they're basically in a license to run their own small businesses if you will because once again it's human go to submission that just cannot employ everybody because that's who i. yes socialism idea socialism is the government's a sole employer not in cuba these days what's happened is basically the cuban government has enabled a growing number individuals say as many as five hundred thousand individuals to be able to do this obviously those individuals in a position position if you want to tap into the dollar rise economy that you have

in cuba because when you go into cuba a whole lot so how is that playing with the population at large so they're allowing a five hundred thousand other population a population of eleven million just under five percent of the population is now capitalist pretty much ok so how's that playing politically across special well i mean the whole thing is if you look at a typical cuban family these days you're going to have at least one member of the family that's involved the dollar economy if not more than one individual so that individual is helping to their family subsists their cuba's current economic system . if you go to cuba first of all you're going to notice their turn you're saying selling our sugar economy stores to con and yet this tourist businesses not terribly robust south the whole time what you do know the g.d.p. of cuba is roughly in front of me but you know right now the tourism is a big factor these days and the country's g.d.p.

right yeah and that supports this. rationing really. good services yeah like i was about to say which having cuba just two currencies base we have the cuban peso which doesn't vary is this do very much i mean you can go into the government run stores but the government stores as the shelves are usually and or half empty what have you. then you have so they call the convertible peso the coke who you know locally that's the terminology is used. that is artificially paid to u.s. dollar believe it or not. with the coos you can buy whatever you need all your basic necessities that sort of thing so that's where the acumen economies when dollar rise basically everything. in there that matters is price includes you know basically but is the government kind of slowly adopting a less social model in a more couples model what is arguing basically is using the inflow of capital as dollars to maintain elements of

a socialist system which is basically education and health care because it's like a mixed economy like france for many heirs it's you know it's the government is very involved definitely used to be this way it's definitely government to have so they're kind of you think in this is a fair statement yet that this current government in cuba is looking down the road and they see them as more of a mixed economy going forward ok so that seems like a bit is evolving right they've got dollars they're changing now so what's happening in america was america being such a. well is that america's being is just a question in washington in terms of how it's going to handle cuba obviously if hillary was there to handle this like a start up country that's wants to add some dollars to the economy what's the problem right i guess is a question of how washington wants to handle cuba to still. tugging back and forth for how to handle things with cuban obviously the bet was the hell we were supposed

to win the last election and hillary was supposed to have won the whole idea was for the new administration washington to move forward on this whole opera with cuba if you will that includes in particular the go sheeting the claims certify claims that american corporations and individuals still have against cuba that totals one point nine billion dollars claims made me go back before the revolution exactly as was the godfather films yeah. a lot of american companies are over there run companies now hotel companies gambling casinos hotel riviera all those guys were put out so they still have claims they still want to make good on those claims and that's because the nexus of these arguments less so about. fear of a socialist dictatorship is more like american companies going to paid exactly as the situation is that i was mentioning the total claims one point nine billion dollars but with interest is eight billion dollars so is

a billion dollar problem that cuba the united states has to resolve i mean i was to cuba has also called counterclaim because he nice states is has to do with the decades of the enforcement of the embargo against cuba only about eight billion dollars is kind of like a dr evil type number it's a spit in the bucket why can't they just cuba collateralized debt obligation and goldman sachs that sell out to pension funds and five seconds right just forget about this debt pay off the creditors and go down to the bank and start banking kids tourist bucks with them why why what is financial illiteracy from the trump what white house politics what's the politics it is says one particular state the union's florida every four years florida becomes an issue in terms who's running for president so you have the you know certain elements of the cuban american community and pretty much held hostage. this policy say no we want this we want that to be. done otherwise there's no movement forward with cuba basically there's a break it down to florida as we know it's a swing state that's

a key state it's been vital in elections last two or three four presidential elections as you know that remembers the hanging chads florida and roger stone and all that stuff we're learning about now and so you've got a cuban population cuban american population member they all swam there during the yeah what year was that when the scarface came over al pacino what are you talking nine hundred fifty nine you know that period there was our seventies and they have a big well you know it's my mario mariel was in one nine hundred eighty days of jimmy carter scarface actually right discuss this with as i said i still came over so he wanted to add a gun i came over and i think eighty and michelle pfeiffer and then he got blown away and he had my say a lot of my little friend right and that's pretty much everyone anyone knows about cuba and right and putting myself so little us. where we want to go that tension well i mean help me the whole situation last you know like i said this hope the

politics if you will you know florida politics right the breakdown of politics in other words i am an american community community they are america they're like the american the phatic patriotic not going to be conservative actually because lhermitte of right and the republicans are like oh yeah i would. like to have all those legacy in the stalin bad days and then i want to have it survive that i want to thrive they don't want their cars moving over and sponging on them i mean basically the situation is that he has lobbying group known as the cuban american national foundation during the one nine hundred eighty s. the head of it was jorge mosque and also and he became very chummy ronald reagan because you know the days of reagan was all about the cold war a fight against communism all that and you know mosque you know so was locked in step with all that and so you know the cuba policy those days was very strict i mean no deal isn't. he would talk about cuba during the one nine hundred eighty s. so we had the whole cold war factor but then the one nine hundred ninety s.

came along and that's changed because there's no more soviet bloc russia collapse cuba one under so-called special period if you will during the early ninety's a wage the economy just collapsed you know you had a rise in prostitution all of a sudden you dealing with women with college degrees all of a sudden becoming prostitutes or to feed their families this is back in the early ninety's this was a serious problem in cuba and you know cuba to have a society and have access to essential goods and you know by the mid ninety's you know fidel castro was forced to say ok we're going to put in a new foreign investment law was to happen basically you know to be one down the road become a mixed economy for well but a reaction to that to staunch right wing language who is said you know we still don't want to see assess if you will between the cuba the united states in terms of mana fuel based on this whole idea of turning cuba into

a mixed economy if you will so you know i guess that i said i want to say just out of spite or out of this basically out of spite that is light up to some marco rubio just a spiteful did yeah get anywhere near power up a wealthy i think we've covered it well i want to thank you so much for being on the kaiser report all right thank you already thank you all right i was going to for this edition of the kaiser par with me max kaiser and stacy herbert i want to thank our guest that's a very up he is keep aventuras corpus list of the toronto stock exchange if you're interested federation's on twitter it's kaiser report and till next time bio. final non-scented a cancer kanzi but. what about. finally if any of you would have been obvious even to find

a ten that i had in. class said i see the city people. didn't. but i thought it might have been my little bit of a what if i'm not proud of it i accept that i've got money got it no doubt much a little to wait for tomorrow to get it but it. exists and wonders why. some forces of. so so so. to see. even to look over. social environment. right. chemical discoveries over the last century made

every day life easier but at what cost this is serial is exceptionally sick. no wonder it's confidential. cysts as the years old industrial giants reap the benefit ignoring the caused by chemical production. you know as if these people aren't people just experimental animals decades later the toxic environment continues to poison lives and we found these astronomically high levels of dioxin levels that my staff think maybe some of the highest levels ever found in the united states for almost thirty years this very serious problem had not actually been addressed what will that investigation into the chemical industry secrets revealed. to specific.

the worst. i can. say it's been the old over the if it was. you who. calls intensify for the case in battle prime minister to resign ascribes protest outside downing street but many day criticising juries amaze response to wednesday's deadly fire. also this seven american troops were wounded as a rogue afghan soldier opens fire at a military base in northern afghanistan. i