it before prices go up the last three cypriots get hit with this hit in tax equities or near all time highs but populist movements spring up globally around the same time big queen is born these are not coincidences and i want to show you some charts that he provides as well and this is the rising assets of the central banks the top one being the united states federal reserve and then you had the bank of japan and the e.c.b. in the united states most of the equity markets most of the stock markets are held by the top twenty percent and most of that by the top ten percent and then even more by that top one percent and you see this is the fed's balance sheet with the s. and p. five hundred so they go up in lockstep and those closest to the money those closest to the fed those who get to go and meet fed executives and bureaucrats at two in the morning well they seem to benefit the most upstream downstream you know in the ancient world if you lived upstream you had better off didn't you because all the

all the garbage and everything flows downstream and in the financial world if you live in proximity to where the money's being printed the cotillion effect is meaning that you get first use of that money and then compounds at a rate unique to you you get a compound rate of return based on first use and time is on your side your downstream time is working against you because you end up with a savings account paying zero percent or you know wages or you're behind the inflation curve and so you negative compound rate of return and the wealth and income divide so people believe that something intangible like money could be easily distributed without much friction in the economy but of course that precludes the presence of opportunists and ron ca's and corrupt government officials that would maximize their own anger and eisenman based on proximity to the printing. of the money i mean it's quite important to understand this because

everybody looks around at this economy and they're all distressed about why the peasants out in the middle of america have voted for somebody like trump and why they are listening to populist messages and and we must do something about it and well let's shut down facebook let's such shut down twitter let's keep them from communicating with each other and what they're really. what they're really feeling and why this populist uprising is happening and perhaps it's not articulated as such but this can tell you in effect where they're getting all the sludgy money at the end of gone through the stream of billionaires and bankers and hedge funds and private equity and all sorts of connected guys and lobbyist and all sorts of. you know horrible people do you want to work until quintillion because it describes us financial event it also describes coming out parties for privileged society girls

or cotillion. thing just close to it depends on how you pronounce spelling is different in a song is similar you know it's a bonus and wasps there in westchester county having cotillions getting the quintillion effect finance i guess big word starting with q. is what separates the upper and lower classes in america well actually cantillon starts with. it's a c. once a c. once a q. goes together and you're in britain and you have a lawyer the queen's counsel the queen's constable tork you see the queen's concert well let's move on to the next step here in our headlines because we're juxtaposing these two headlines we're talking about the can tell you in effect we showed you the chart of the s. and p. five hundred rising exactly with the fed balance sheets and all of these guys running around new york city and washington d.c. and san francisco and los angeles who get access to this money first they they lord it over everybody else asked acting like they is that they are that are so genius

they know how to play the market that are just so clever and they deserve this vast wealth and all the people at the bottom getting the dregs of their money after it's been polluted by all that most like drug dealing you know they get the puter coke and i'm colombian there's no time. you know whatever how to but so let's talk about the bottom once people get the polluted money people have stopped paying their mobile home loans and it's a warning sign for the economy the delinquency rate a mobile home loans has increased by two hundred basis points or two percentage points over the past year according to research cited by u.b.s. the thirty day delinquency level is now above five percent the highest level since two thousand and five the increase in the number of struggling mobile home borrowers suggests that all. a large chunk of these people have not benefited from the economic growth of the past few years despite the low unemployment level so remember economic growth u.b.s.

is saying happened and these people have not benefited but what that chart showed was just there was just money growth that went to a few people at the top go back to the financial crisis two thousand and eight you know a lot of people lost their homes because of the mismanagement of the economy by the banks in the sub prime crisis where the creditors of the banks were bailed out and the debtors were left to foot the bill that's the first time in history this is ever happened a lot of those people ended up in mobile homes and a lot of people ended up in sub par housing which incidentally was snapped up and bought up by private equity groups on wall street financed by the super cheap good tilling in effect money from the federal reserve bank now here we are eight nine years later and those folks can't hold on to their properties anymore because of the cotillion effect the value of money has debased been debased and they're experiencing loss of quality of life and own loss of purchasing power and now they're going to be booted out again so they lost their home twice once because of wall street mismanagement and twice because of wall street mismanagement and of

course the groups like blackstone which own a lot of the private homes that they were able to have access to relationships with the fed and the treasury to get fannie mae freddie mac's sort of big deals on buying a vast amounts of property that were defaulted on and you know foreclosed homes but in this mobile home market you have warm buffett is one of the largest if not the largest owner of mobile homes in america and you have the hurricanes the huge amount of hurricanes this past year harvey irma maria so a lot of people have lost their mobile homes and at the same time the economy has been so bad and property markets out of control in places like new york san francisco los answer. is that a lot of middle class people are competing with these. working class people to buy these mobile homes which can only manufacture so many so there is a complex situation happening here look instant case because he's completely heads

because of his relationship and ownership of insurance companies and insurance products producing entities he can be completely hedge against those hurricanes and hedge against all natural disasters and all financial disasters and so he's not actually taking economic risk those people who are buying these mobile homes because they've been victimized by blackstone another wall street predators have no hedging available to them so america is basically hedged in the country that's the way to buy the population there's a few people that are completely hedge their keep every dollar that is generated without any risk that's a risk return of assets for them and everyone else is basically taking all the risk and they can't possibly compete well they can't compete with that you know the fact is the fed only looks at the s. and p. five hundred or other stock indexes they only look at that and lo and behold. those indexes look exactly like them they're looking in the mirror this is like

they keep printing money to keep that up they're not looking down there and they should be like oh five percent of these people are defaulting let's print the money to bail them out and said they're just bailing out these people at the top by the time and they're hoping that more and more they're dirty like polluted money trickles down to them but it doesn't and here's the polite way u.b.s. describes the soane let's hear it we interpret this data to mean that these individuals have not largely benefited from these macro dynamics and may also be disproportionately exposed to industries that have experience compression rather than expansion in the current economic conditions such as retail or some areas of energy extraction so this is financial speak and bank speak for communicating to the herd that they have successfully disenfranchised an entire generation and now they're patting themselves on the back and taking a victory lap and it's very close to previous societies we've seen the

celebration of extermination of well part of the population and that's a little bit over the top but what is simple one could say is u.b.s. has been in many moments of possibly being arrested or find many large amounts of money from the fed that cause the s. and p. to issue all this free money clean money to the likes of u.b.s. that then trickles down you know why are they you know all this money u.b.s. is certainly not going to say anything to the treasury about the treasury or the fed because of course they want to make sure they get a jet get out of jail try to rationalize all the phony that they've received for free to bail them selves out and the fact that it caused economic dislocation they're characterizing those rather obtuse long paragraphs long winded they are they are identifying a genuine situation which is the bottom are poor and the bottom cannot pay even their mobile home loans of course they can. not say it's you the fed that bailed us

out it's you the treasury and the department of justice that allowed us to get away with this they can't say that because why would they because they're just going to be like targeted the next go round the next crash as we're experiencing i want to keep. a very close a closer and closer really quickly i'll also tell you about another headline and this is the similar case in south korea and that south korean millennial is are reeling from the bitcoin bust the country of around fifty two million comprises seventeen percent of all the theory and trading it's one of the top crypto currency markets especially from last summer until the end of the year so a lot of koreans piled in to crypto currencies at the top but the thing this stood out about this article in the last minute here is one thing they say about americans and all these unemployed americans is that we don't have the right educated population we need to bring in these immigrants and people just have the right a qualifications maybe the economy would be better but this third out to me about

the millennial is in south korea who are have a high unemployment rate their incomes are declining they're worse than their parents' generation in this highly educated economy it could be hard for young koreans to distinguish themselves from their peers nearly seventy percent of all koreans aged twenty five to thirty four have a post secondary degree the highest of all o.e.c.d. countries so they are already way highly educated and that's what they answer the sorts like m s n b c will say well we just need to educate all these people in kansas and missouri and and coal country and places like that and we'll just be fine but here in north and south korea seventy percent of them have a college degree or higher so. they're unemployed still owes a lot of education but common sense raise your mark twain it's actually about the continuing in effect both speaking of debutant balls of all things swishy stay tuned for the. half right after this break.

because the swarms of the blue of them so moving. to build your school or local was before. much of those who heard the preview or was few of them do so slim with the north we will we're going to. move. move. move show you just look beautiful livable i mean it's going to look for a good. movie just like most of these girls will give you films for good girls.

to go to school so look i do the same you believe it's good to see you should go. to startups to. get to meet until it was a little missed they'd say look it is it's. just us to understand just need to mount a mash told. to stop the president and it's been trying this morning until. the three of petitions to go to school to snap them up and do it because those are the girls who are to sort your supporters to your machine station shouldn't be you should put all through the one who's deal would be the ripples through.

oh hi welcome back to the concert for imax keyser had buzzing as nothing paid any attention well let's continue now with our conversation with valentino listen welcome back ok as i mentioned it's a great privilege to artist of your caliber on the show now and i see you on you tube and i see you attacking those pieces and you're ripping through beethoven and you're annihilating bach and i'm thinking you know what how do you do are you conscious when you're playing or you're just like unconscious how do you do that is the same us was saying you know you get into his zone and you have gotten to know that and hope when you think it was you and we go to different dimensions you know we will create that's composers that could either swear but what do you use all of your life experience it would have some emotion that you would do you leave sort of because it was you or yourself to. be worth to pour your soul out but you have a story you know i am

a new story as you know but your story your personal story is now reflected in your performance to see do you feel more actuated i think is a young or freud the process of self actualisation where you become yourself so to speak you achieve your highest order of your own software honest you lose fear yes and then you are able to speak your soul out. of the most important thing because if you have in that fear or do you get away from the sum and then you cannot connect with people so let's get back to this whole political thing so when you're confronted with a political. kind of backlash he has to stay fearless you must be true to your fearlessness it was to put it in you know. in a lot of people told me was that kind of not so kind to you but the shut up and do your stuff and then had a mum. even in soviet union you know we're all censorship you know the quote which

is one of my absolute if we would have composites and human beings he was censored when he actually he still put the right in use and was bourque's because the ruhr saloon better sort of songs they would be and the lives that them can see that are to be political so here you have music in which also people who claims that they could perfectly understand what he saw in that sense that ship was not where you start something recently which i remember took note of that. the notes are basically just you know specks on the page we have no record of how they should be playing it all written before the technology to capture these performances so we don't really know what the composer had in mind beyond his ability to make notations you know speed it up a little slower allegro whatever it is i want to sell into the music we put ourselves in context but the speed for a moment like i am and listen that is because for example you know to put it simply

if you're some song and teaser her way do you think that was something crip be when when there was a spirit and listens to the same piece he remembers the same nice feeling but if it was here at the funeral it's different but it would be the same piece right so we would all meet in own life experience when he's thirty two very much colossi go musical pieces you know why why do you still listen to beethoven on you know was also a classical composers work of marble busts of assembled waiting weeks but they still speak to us for somebody and so it's because we put ourselves into the spokes. in kuwait you are a priest to some degree you know interpreted in the words of the deities yes i was a creature. the creators and you are sick and you get to the pulpit and you tell

the congregation essentially that this is what this is the word spoken and the response by the public has been you know enormous you're the most classical pianist on youtube ever by a huge margin and you also have become politically involved and in the kind of the subject of political debate if you will because you happen to be born ukrainian i mean that's just happy to be your your country of origin yes and the pressure was on me as a public figure to speak out you know it's not like i started doing that. and it was a few things that pippen i was given an interview for the style section in the newspaper and in the would go in saloon clinton award briskness you were so one that was just not only done and then just an oscar means interviewer but would do is think about my don i said what they think you both made known and then only i didn't see the

interview and then some friend of mine writes to me so when you tell me all in the city do you think of all of us russians that we had when i said what what did i say and she sends me she lives in the early. since the headline says a buyer who came to our country they literally take some of my most and make the food because i'm ukrainian it was convenient so it's not point i started on twitter delivered and basically loot that inflation's in you was what the script when you and stinks a good going downhill you know like many ukrainians i was excited that they both made because they did well lucian the special in the studio why is that in all you know people unite this is one that is this feeling that some things will come out it's always the believed in the you want to be part of with and then you see things that come out do it in my shoes. well what was happening in off there and

then you like many people become the way it what they saw in the media in when the media was moved to disappointment to what they saw so i started at the flea from what i should the ukrainian to my ear point it was only english speaking audience you know why do you come when you can the actions that i showed and use them and then i was put on with you so people told me to shut up and i'm good a stubborn person and they live in the truer city i thrive on the do or sit just so when i'm told to shut up i opened my mouth twice as wide as modest didn't but in the see if you were playing a lot or simpler music like rock music or something you could be marginalized a lot easier but because you're interpreting the greatest music ever written and doing it brilliantly it's very hard to dismiss you but also have millions of fulling around the globe young kids. young kids adults you know what is it you crying and i want to ask the question you know i mean i'm an expert on these topics

obviously someone who was born in ukraine but when you heard the voice of victoria nuland the assistant secretary of state on the phone talking to folks in europe about orchestrating a coup in ukraine on behalf of nato so that they could protect the interests of months her husband's lobbyist group and an obvious push east to repudiate everything that was negotiated with the reagan under the cold war one that ended the cold war just a complete kick in the teeth to the peace process a kick in the teeth to anyone who seeks to have a more peaceful future how does that make you feel. that the word upset but at the same time you have to understand that the majority of people truly believe the west . you know it's only since the beginning when you leave that are you in the hands of these people actually some more to see in the world. well buli to take over your positions in the company so we should you can come when you will lucian sort of who

would deserve doing the best you know thanks with subtle and gunther which is absolutely should be more than for ukraine because it's multi-lingual people seem to sit on from different languages that you cite interesting way to fit in with your own democracy it's an exemplary gun thirty forty grain to full instead. different more though which is brought in when that is there is a coupe yes the government run by a coupe yeah yes it's absolutely it's not democratic change people are use of all this millions of people millions of people who went on way done to prettiest unpopular government because they love to be on t.v. for unclean was a wooden cartridges they became stay teased in the school i mean lola mom had been summoned. from saudi arabia as you know there openly slaughtering yemenis children is just sort of a african hero it's a double standard double standard all or one of the police you know when coverage

isn't good just in humanity as long as there are no worse sight just to help me understand so when i when the after made during made and then the allegedly this group of brigade is as obtaining ministerial positions in ukraine allegedly they have ties to neo nazi parties. is that a fair statement what's going on there you know again it's a question of double standards you something happens and charlotte's reels are not just everybody screams or you know who all looked at a certain knots or straight in say don't say allegedly order and use them but once things happened in ukraine and you know us all for right see act of civil war the party is that a million subs will stink but people say well you know but support is really too small to get five percent of the list. actions and also you knows that militarily you a little long with the same but it would mean you know if we walks as

a duck this people walk. or talk like a dog in this people talk of both as a nation that you see just as a new putting in being subhuman to kill them to get that he doesn't russians it is that i do see meetings with people's they can get in people so it talks like a duck you know. what yeah you know. this is fully on board yes when you have discussed in us the way to ukraine court walker says the converse. is a good season if you couldn't because when you build this. it was this notion of these but that's like civil war what good will i got. very impressed again great having you on the show so to give you a little background of course you you were not a lot of performance after being invited there you know for political reasons

basically and my understanding is that you follow that up with a concert and boss yeah i was invited to didn't bust off that i became so you have to get in this is in the ukraine you have to go in there through soviet union and on the front line the soviet you know if you want a cold war on the soviet union. was alliance your goal for them what i should say in this was like my first well i'm speaking is like victoria nuland yeah i'm channeling victoria nuland you had to go through the soviet union you had a tunnel your way through the wreckage in the detritus of a communist collapse to get to dumb bombs but i'd like bread lines. and you perform your wicked classical music yes i'm eating the charities because i'm one ukrainian security services block least of like. me out of the woods. and seek you quite a few. people from afar so i cannot go to see my family i can go to you know we've

called it mainly in the ukraine because i would be i guess that the media is ukrainian see it doesn't so i can only go in oz if slight indian boss and when they play that i played the same one in the second concerto there were fifteen thousand people zip and you could still hear their open point and this people you know feeling got a cut off their cars are out of time but thank you so much for being on the show rarely do we have someone with your guts you got guts unlike all these other fingers right on well if you want to catch the other side of the story about as offer a good play is second out the glowing profile in the guardian newspaper over there in the u.k. that's going to for us here on the kaiser report like to thank our special guest l.t. analyst that's a and if you want to catch us on twitter as kaiser report and so next time you all .

gave americans a lot of job opportunities i needed to come up here to make some money like me twenty five thousand dollars as a teacher or i could make fifty thousand dollars a year trucks or. people who rushed to a small town in north dakota was an unemployment rate of zero percent like gold rush is very very similar to. this beautiful story ended with pollution and of a station a lot of people have left here i don't know too many people just slow down so much they lost their jobs got laid off the american dream is changing that's not what it used to be. it's a tough reality. i

played for many clubs over the years so i know the game inside. football isn't only about what happens on the pitch for the final school it's about the passion from the fans it's the age of the superman each kill the narrowness and spending children twenty million and one player. it's an experience like nothing else on to because i want to share what i think what i know about the beautiful game played great so one more transfer. and thinks this minute. zia's says harlan kentucky. boys you go through three counties are you.

a co money c g with almost no coal mines left. the jobs are gone all the coal miners have said i'd. love to see these people the survivors of disappearing before their eyes. i remember thinking when i was younger that if anything ever happened to the coal mines here and that it would become a ghost town but i never thought in the million years i would see that and it's how it's happened.

i. a violent standoff between police and environmentalists does its second day and for all its barricades a budding wall police fired tear gas and live report coming up from the scene. now the news you just group is reportedly discharged from hospital following last month's nerve agent the time exceeding doctors initial assessments that she may never recover. all sort of chemical attack in syria was staged no traces of. substances were found at the scene but so the brush representative to the u.n. has said. in interviews not a single local resident confirmed the chemical attack having taken place reported bodies of people killed by chemical agents have not been for.