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tv   News  RT  March 2, 2018 4:00am-4:30am EST

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and i have satellite in. on this. and also on a. one on ice. with miso. you said jalalabad this letter has moto knee on a she was a lot of dooley a she wanted it. and. she saw lindsey value on it. and. certainly didn't like and son i'm by hand in the. minnesota liver so we sat ammonia the. listen listen and know you june about on almost. a nominal mom six mil and i did tony silent on senate. side leone and. moon looked at us so we went. into a sort of
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a me. do a softening of any monday. and. i'm looking into it miss only seem to. save. how much money to make. and how often. the last. hour hand and. i know of it. yet it's a mixed. report of her. or her. or her. own.
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if you could talk to your age and who was planning to come here what would you tell him. where he is the. event. and then. a party divide it in with out a clear message democrats face a fundamental dilemma move to the left and reach out to the grassroots and in the process alienate its donor base or continue business as usual or the democrats tired of losing. fifty years ago breaking within to conjure gun as a sleeping pill dusty's. does. the side effects were terrible
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but not on the road. more to hear not war. among across europe victims are starting legal battles demanding at least some compensation. in two ways first will the physical damage itself but as well that the concert mind that the people who actually perpetrated this crime has never been born to justice and there's been a couple of. fights regularly breakouts between refugees of different nationalities due to ethnic conflicts back home desperation is everywhere and there. nothing to do and even
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less to lose. a refugee was stabbed that night that's when the police came and at the same time they searched people for drugs as we tried to find out what was happening heard there was another fights involving the guy with a broken arm. our guy started running so we followed. apparently the man we had better earlier spots the group that had broken his arm and asked his friends to help him take. a. little home. mammoth a home run of the brush he won't. really be looking. to.
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come up out of. a lot of wrong with. your mama and this little. son was worried about akram that night's kid disappeared when the police arrived and no one knew if he was detained working or in hiding his phone is off and dead as he has nowhere to charge it so all we could do was hope to see him tomorrow. the following day we heard that i had been arrested because he didn't have any documents on him.
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the paper he signs what language is it in. angry and you don't understand greek of course. i never. understood. and what did you do after. the guys told us to developed a rash of some kind and desperately needed treatment which is why we were heading to a pharmacy. all. right .
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but this is. nothing. like the. love out of. going though. again. i think. the squarest. it's
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a fifteen minute walk from parliaments where we met the guys they told us that it's one of the top three most popular places to buy sex and drugs in athens the void here changes at nights and becomes very seedy as you walk by you're bound to see young boys flirting with passers by a friend drugs or themselves one of our refugees wanted to tell us more about the neighborhood but asked us to conceal his identity because he's a regular here. on our fee as. that doesn't. in the show. and be no yet on also how to send. up their own. you know pay off or no one on another knock on the shoulder and want to sit and gents. as should know the engine see or not to do the mark in miami dalek will live on you. the house is safe like a huge of a wadding and want to sit. and fell. off
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a hard. drive on the dolly. why when you did they how odd to you how a lot less hostile living on that the same now on only mr fernald home well let me out when i know my record you know all possible to hustle sane when i'm alone behind. it a song about that i shall sleep yet to all we have to go home. and most benefit. if you can pick us up a hour that malarky on about the ash cost way i met a lot of the on on. the victim to go off i was really pissed at me if it is true it's been. here he. would just go. after rick with. the. chick. in the javelin one hundred.
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no i. was. elsewhere in town that night right under the acropolis these two teenagers are trying to work out how they're going to eat tonight. you know what so called we go from. new york you're a little. bit curious. you know love all. of the. randomness in the. name of the. most. of the
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month. mongers there but if elected in the fair one the one he did these are. these two were the youngest refugees with matts working the streets they asked us to conceal their identities as they were ashamed and scared to talk openly about what they do. and the. twenty sixth of march of two thousand. and. almost was issued on the twenty sixth of september before you registered with what's. what for four months all that in the. trees and power and help. all the aldermen. they gave them money or twenty or. all to fly delta just. one day i was sitting in turiya park on
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a bench and there was one all all the men who was wishing and i was scared if doings. and then i ran over from there and then i asked someone why he was doing it any shared day and you want. him to call us there carlos and they give a number and then. get us to a hotel or two dear home and they give a food drink and then. the first time you did. that you feel. it was there to embarrass you. also you. know. we have to do this for money. the police told us that from eight am until six pm and they go to a local organization whether a given free license and other activities the love being there but in the evenings
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they're on their own. it's too early for work now most clients don't come out before eight pm until then they simply roam the streets. because i am. looking at all of this so you can as we study. this you're a. senator a common one is the next. move will move in for a whole bus route. mara son peter no plans to. collect this. all for second. part of the work every week and you know we return more for the time when we don't have money for food. so.
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tonight you know boom a shoo. in and yet a delay can a good movie bill you wouldn't know then what would it do if you're going to give in so you can then. follow the boys to see where they would sleep at nights we see realized that we had been to this part before but in the daytime our local contact took us here because it's a known hot spot for drug dealers users sex workers and the homeless. we couldn't believe that this is how these two kids sleep at nights and that they still have to wait another six months for their interview with the asylum service. that's the frustration of the tarmac turds for people to screw them happen to them i mean i think the hope should be wandering around. with were never the story.
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survival circs lives in streets of desperation most recent not enough room for. the people waging this. drug that's a. thought out. one ally in. that they showed the how does so in the gun in the show out on nobody on a search had been in. the months ahead election the. problem of. michelle folks some below them on the battle as of sodium in the whole of course but all this saga was this some of them of going by i don't know all of the day it. started out in the us i know i know about the set the rajatava. of. reality. but i do say i think almost
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a quarter of one hundred fifty of those are in the hot well and death row worked out being enough to win one plane he. would put iced coffee at starbucks coffee and . best start of a coffee table to also solve a coffee i'll believe is so busy on the home of the new book the year. when you know what the months of your come are with you know in your. eyes under throughout the piece you wouldn't. live. long meaning one less been models got to lose still. i'm not going south on them to lean on them they. should do little. but in the afternoon i'm telling. them.
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right now we don't see the future. because we don't have a place of we don't go to school. so we don't tingle we have a feature. on the. channel. but if they get. this to say that there's a movie called me i mean my goodness and again there's a month and i wish you would eventually shan't. want. me. to have been. i'll have to. go. to new york because. i will natural look.
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the period of fake. engineer. being picked up in markets like the gold market and others. in some american cities the police of. people who walk on the streets of the united states are at risk from the very people who are supposed to protect that people are no more afraid of the police than if.
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you can see something happening and this is like i don't. have to call the cops into. their lives chasing the. trigger you never know better safe than sorry i don't know that someone else is going to. unfortunately around here we. go. to. the only law was not going to go. through the ira. was. the law. lay the other the of. the law.
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unveils russia's new strategic all snow including a nuclear capable missile he says can defeat all existing defense systems this comes in response to the u.s. development of an anti missile shield. with the world reacting to president putin speech the u.s. state department briefing turns ugly after the spokes person refuses to take questions from russian journalists. who say that they are you know you react from there shouldn't you know you're ok they're ok enough said done i'll move on. and south africa's parliament process of measure that could see white farmers stripped of their land without compensation. my colleague will receive a will bring you a full length news bulletin in an hour's time but for now it's being called global
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financial news guru max kaiser with the kinds of reports. the other this is the guy has a report. let's go into let's get right to this max i want to talk about billionaires we're going to talk about warren buffett he's america's favorite billionaire he's the little sweet ukulele playing billionaire but before i get to him i want to talk about another billionaire in history the guy was worth four hundred fifteen billion according to a visual capitalist they did a chart of the richest people in history and this guy's name was moose. he was you know an african king of the whole guy and section mali area present day and
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at that time that part of the world controlled the entirety of most of the world's gold trade so this guy had a lot of gold so i want to look at actually how good intentions can go horribly wrong and how money. can possibly cause devastation because he went on pilgrimage to mecca and so travelling from africa through cairo down through medina and to mecca and this is what happened along the way which i found very fascinating so wikipedia made his pilgrimage between thirteen twenty four and thirteen twenty five his procession reportedly included sixty thousand men including twelve thousand slaves who each carried four pounds of gold bars and heralds dressed in silk who bore gold staffs organize horses and handled bags he also had these animals that included camels which carried twenty three to one hundred thirty six kilos or fifty to three hundred pounds of gold dust he gave
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the gold to the poor he met along his routes mussa not only gave to the cities he passed on the way to mecca including cairo medina but also traded gold for souvenirs and this journey by the way is like widely documented all sorts of contemporary accounts of it along the way as he was travelling so it's well documented it's known to be not just a wikipedia entry mooses generous actions however inadvertently. devastated the economies of the regions through which he passed in the city's a cairo medina and mecca the sudden influx of gold devalued the metal for the next decade prices on goods and where is greatly inflated to rectify the gold market on his way back from mecca borrowed all the gold he could carry from moneylenders in cairo high interest this is the only time recorded in history that one man directly controlled the price of gold in the mediterranean so very fascinating as people are celebrating all these huge infrastructure deals whether it's the new silk road or
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the infrastructure plan that trump is allegedly proposing right. you know spreading around of all this money cause a lot of inflation they cause a lot of problems and then they had a way back at unwind all that somehow by normalizing the economies on his way back and that's a great story i had no idea that the richest man ever in history was this african now he was not the richest guy in the world he was actually worth just four hundred fifteen billion there were several people richer than him including the richest man in the world ever was julius caesar son augustus who's worth two point two trillion dollars but here we see the impact of. like warren buffett famously walks into a room if you walked into this room here there's a four or five of us here we would be worth on average what probably about five billion dollars each write something along those lines yes so it's an interesting fascinating story shows you that the even back then there was a lot of interesting economic vagaries that must be contemplated when you have such
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incredible wealth mean talking about whether it's warren buffett or jeff bezos or the rockefeller's or any of these huge fortunes out of come and gone they do have these ripple effects on the economy and you know they do. many times engender a reaction and then that becomes political policy and then that shapes the economy and shapes politics and shapes our society it's shaping our society right now. now is donald trump of course and there's an infrastructure plan this headline reads higher inflation trump tax and spend boom sends investors looking for fed clues the upturn in inflation is already nudging u.s. interest rates higher even before the federal reserve's next meeting five weeks from now the central bank is expected to increase the cost of borrowing in march to keep the economy from overheating but now investors wonder if the federal reserve rates four times and twenty eighteen instead of three as previously planned why well what's complicating the fed's job is a massive shift in washington support for the economy first came the tax cuts and
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now democrats republicans in congress have busted prior budget caps with a deal to spend an extra three hundred billion and the next two years they're expecting this inflation to ripple through the economy i know the fed has been trying for eight years to cause some inflation and now it's going to come rapidly remember ben bernanke he had said that they can control inflation if it will never get out of control because they'll just flip a switch and will you know raise interest rates and calm down inflation that's exactly right he said that there's no risk that there would be a spike in inflation because they have the controls and everything is under their control they can flick a switch and they can start to make the maneuvers does a scary to control inflation history tells us that not the case once the inflation genies out of the bottle it tends to feed on itself and become a big inflationary problem and i believe that at the moment we've had a period of fake the flavor. engineer by all the central banks in the day don't
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have the control that they think that they have and once you start to see this being picked up in markets like the gold market and others you know you've got to start to see it feed on itself in a big way and you know this guy. who travels across africa and the middle east and saudi arabia and caused this hyperinflation where he went how did he retract it it took ten years to retract it but. he basically had to buy all the gold back at very high interest rate so in a way as we went through deflation in two thousand and seven eight nine the fed basically did the opposite they were while they were paying high interest rate for all the bad debts they were paying all these bankers to take all their toxic debts and put it on their own balance sheet so something similar would have to happen well the numbers are huge i mean the central banks took on trillions and trillions of dollars of horrible debt and so i want to start on why no once the dam is broken and all that money starts to come into the system you know i always look at the
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money velocity number which has recently got to the lowest it's ever been but then six months ago it started to go up once the money velocity starts to pick up and watch that money start to come back in the economy have inflation and combine that with wage inflation and you have the makings of a shift from economic power from wall street to main street here's another story about america's favorite well certainly the media's favorite billionaire the democrats' favorite billionaire and that's warren buffett and it's interesting you know we've been covering this divide in the u.s. and member koch brothers are great billionaires or their super bad billionaire villains george soros is either a villain villain or he's a great humanitarian billionaire warren buffett pretty much everybody agrees he's a great guy except for when he comes up with a so-called tax but is he a good guy well according to the nation secret behind warren buffett's billions america's favorite investor loves monopoly not free markets they use his own words
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that he himself tells people i only invest in basically monopolies if they have monopoly pricing power that's what i bet on and that's what i invest in and this is what i go for and because he's one of the most successful billionaires of all time investors of all time everybody mimics him thus causing a positive feedback loop where everybody also seeks out monopolies to invest in and empower and so look at. amazon share price why is amazon soar and why is warren buffett actually finally going along a lot of these tech companies where he famously didn't during the dot com boom as because now a lot of them have monopoly pricing power they talk about the fact that for example he always dissed airlines he would never invest in airlines he said well he started going long and twenty sixteen you know it's ten percent of some of these airlines and the reason why was that well the obama administration allowed the merger these mega-mergers so you now just for airlines and they have huge profits it's often reported how suddenly the airlines have massive profits that's because there are
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now they're no longer eight but there are four right it's anti-competitive so the way to grow the economy is through competition if there's somebody sitting on top of the economy like buffett with access to unlimited cash to buy these monopoly positions in monopoly companies that's anti-competitive and it should be busted up best to create more jobs and more wage growth but that's not happening so they're pushing the economy to the edge of a different type of precipice as we're saying with the introduction potentially of a big hyper inflationary burst that's going to kill the bond market and then cause everything to be reset anyway and then buffett will be long gone having made as hundred billion dollars but at the expense of a viable u.s. economy yet so everybody says that he's a great capitalists he's you know one of the richest guys in america sometimes is the richest sometimes bill gates's i'm so here's an exact quote from him the arch capitalists they say this.

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