away by the disease that is over indebtedness and then when they are completely gone and they are dead themselves out of existence the remaining countries will be like we bought gold china and russia are buying gold as i find gold the psycho three little piggies to tell you number one lives in a few houses blown away by the huffing and puffing of the big bad wolf and then picking a number to go to countries like india that are like wants to been one sector household sector has all the gold there the government doesn't exactly and then the big fear will have to import in the people the private sector survive but the government was blown away then you've got the countries like china and russia that are said were houses twenty four karat gold. and the big bad wolf often puffed and it didn't blow their house away they also include a chart in the zero hedge coverage of the story of the world economic outlook of the united states stands out you can't really read this chart too well but you can see that the stand out there that's the united states there were only one amongst

advanced economies only united states expects an increase in the debt to g.d.p. ratio over the next five years so these are all of the european countries you know they love us therapy and they've been imposing austerity upon themselves and while fuming at more and more the sort of end times of the hair shirt. on the back. fluctuation. spanking yourself i think you're referring to the leader hose wearing german. grab each other in an auto spanking we also spank is going down the prominent ranking each other on the bottom. german drinking songs with the leader hose and let's move on to the next one because i talked about at the top we said that tongue tower is no longer here and what is this trunk. trunk premium that's why his name was on hotels across the world he at least his name out apparently that was the sign of some used to be a sign of some sort of luck. change the name from

a trumpet sell to the harvey weinstein in right next to the kevin spacey restaurant for some reason business is just not picking up well trump's name is also mud in new york city manhattan went eighty six point six percent for hillary clinton so just over ten percent of the manhattan population even voted for trump and there is some proof lately that even renting anything. is the rent prices are declining but now there is. basically trump tower prices are also collapsing we have this headline a new report claims donald trump's new york city properties have lost their luxury status the trump palace at two hundred sixty ninth street fair the worst with the lowest comparable prices when stacked up against the manhattan condo average coming in with eight percent dip over the last decade so these are the prices for the chop palace two hundred sixty ninth street so the blue line is trump

palace compared to other luxury condos so people no longer consider it luxury it's probably. when people realize i guess they didn't know how he spoke i don't know kill two birds with one stone broom tro properties the white house the white house is a great brand trump is in the white house if you want to stay in the white house like the lincoln bedroom or something like that you can stay at what was formally a throne poto rebranding the white house they've got the white house logo on the towels to get the white house soap you've got all the on the white house but in various properties around the world and used part of the money to pay down america's debt so you killing two birds with one stone you're rehabilitating the trowbridge and you're paying down america's debt well so basically what you're saying is now the u.s. stands out as debt to g.d.p. ratio increasing you're saying we already have the emergency. of

a royal sort of family we have the clintons we have the bushes we have these voile sort of families member hillary clinton was the wife of a former president barbara bush just died she was the wife of a president and the mother of a president so we already have these world families and why do that you know whenever you're in london like we were for too many years what they always say is oh we love our royal family they bring in so much money because the people tourists come to look at them so you're saying like why don't we start to make money off them like all these tacky hotels we could put those thousands and thousands of gifts that the president receives they're not allowed to personally keep it it's a product you know basically the taxpayer owns it but where is the. basement somewhere at the white house where you just put them in all these luxury condo right you. know a little low in the hotels replicas you can buy in the lobby and you know they have a fire recently in trump tower you could recreate the fire in properties all around the world the properties of coal like a re not about the american revolution so over going to burn down the room parts

are going to cause an interaction what set on fire it could all be preprogramed just be like a disney of disney or the fire of burst out on flight of four thirty nine and you because just part of your package of staying out the white house but in order for the american people to buy into this and they want the debt to be paid down and their taxes not to rise is you could put it over head as you enter each building in the lobby you can have that american debt clock and then he also has a donation box like in the churches where i'd like to help fix up this building help pay down our national debt and have all those like junk presents were given to the president oh absolutely or when you walk through the portals of the hotel it puts you further into debt anyway we got to take a break right there for those don't go away.

thank you you thank you thank you. thank. you. thank you. thank you thank you. thank you. thank you you thank

. you know. you never know what's around the corner you never know what's in the pub you can walk into excitement it's that not knowing that's where the adrenalin much comes from. and you can use a move by definition and the extremes will probably support. the violence is a part and it's almost a schizophrenia gang culture where you can do all these things and behave like

badly. thank you bonnie but all of us by the fall for the political spin also focus on the last part on this movie and infirmed little man knocked out of the role and good on all of us from the start. of a broader way and not by figure out really did a poll down now with a little bit. of meaning in reason is that at least if you don't involve this constantly evolving. welcome back to the kaiser part i'm max kaiser just because heart as sunny hostin. i owe our tax welcome thank you so much for having us on see a huge fat zero zero zero s. rat's ass ticket now we are seeing is at conferences around the world because

you've got something that is a high demand hoshko dot tell us about it as a whole show itself means security in japanese and we were looking for a short word that nailed exactly where our focus was which is cybersecurity within the block chain space and we felt like we hadn't seen anyone in the industry be laser focused on just block chain security especially one that's not doing their own i.c.a.o. of course people on their block say in their bitcoin one of the first things they hear about is that it's so secure it's also about that i mean what are people missing or what the add to the to the equation so code that's written on a block is referred to as business logic and business logic is very far from being secure and traditionally in the technology era whenever sophisticated code is written you always get a third party to audit it and the exact same methodology is now being implemented in the block chain space that if you're writing code you need to have at least one

professional third party who are technical audit of the code and then make sure that there's no hidden functionalities that you're not clogging up the block chain by potentially using too much gas and that the actual written words of the source of truth are actually married to the business logic is the code doing what the words say they're supposed to do a lot of money has been pouring into the crypto and block chain and when this money comes in ideally they do an audit of the technology is there enough technology auditing going on with all this money and my question is is there more money out there now chasing projects than there are. is this an adequate amount of auditing yet there's not enough sophisticated auditing firms out there to handle all of the work in the space and we're seeing the asian crypto markets boil and become extremely exciting and they're seeing millions of dollars fund raised in a much faster speed of time in asia but none of them are valuing security the

lowest numbers of security audits being done are by far in asia and for an investor to cut a check into a project and not make sure that this mark on tracks been audited at least once and to review the actual audit report i think it's bizarre and there is not enough firms willing to even audit non the theory i'm based projects so the theory i'm has been the main protocol in which most i.c.'s have been launched on they're launching what's called an r.c. twenty token on top of the protocol and that's been the majority of i.c.a.o. is to date now we're starting to see people start to develop smart contracts on the newer protocols that are coming we see some interest in stellar neo and soon maybe e.o.'s but the current firms like consensus that have been doing smart contract auditing seem to be much more laser focused on just a theory and you know people when they hear what auditing they think about auditing firms like price waterhouse cooper and these big auditing firms so is whole show

dot i know are you the kind of a p w c block chain is that a position yourself correct yeah we're looking to evolve and to becoming the do a lawyer or mckinsey or see if you will of this space right and how long is a company been around in a little less than a year ok so this is a start up start of the first year start up and what's the headcount we're at twenty four full time in las vegas and about eleven contractors we are hiring rapidly about thirty more people on boarding looking open up our first office outside of the u.s. hopefully looking to as you. global business realize time zones now matter a lot and so when i've been in europe i've been realizing well europe is pretty interesting to do business in both asia and north america and so we're exploring where to go we're growing steadily month over month definitely a start up pace murdering the white combinator time paul graham used to say that during y. combinator a startup grows an average seven percent week over week we can right around there

actually as a tech start up growing at a rapid pace week over week ever since we started how many startups have you been involved with technically three i founded one before this is a this is called zaldy dot com we did mobile point of sale and integrating to legacy pos systems and implementing and of c. payments and chip credit card payments and before that we were building a white labeled android app store for pics of tel so let's talk about smart contracts just to connor real back for a second cars people talk about smart contracts you build them on a watch and excited about now is there a way to actually audit a smart contract the way we operate a smart contract is you need to engineer who has a unique background the background has to be a security background a q.a. mind full stock engineer that's keeping up with solidity and solidity is the language of the theory and the protocol is built on it's a new language that very few engineers in the world are very well versed in it it's updating as a language on a weekly basis and so when we're doing

a smart contract audit you need this engineer with a unique background to marry the code to the words to do a gas analysis to do a static analysis and to do a dynamic analysis part is you know you're talking about more money in this space than there is operating more money entering this space than there is engineering talent correct at what point does the industry start to level off in terms of the various under long underlying dynamic components if you will start to come into more of a balance if it will that ever happen i guess as a precedent. back to the dot com era or some other high growth areas but if that question kind of makes sense doesn't make sense what's your thought on that i think that a lot of dust has to settle in this industry in order for more sophisticated capital to come play active ball in the space and the biggest issue is

a lack of security and a lack of education when it comes to hiring new engineers and what's needed most in this industry isn't it is more academies to train high level engineering talent ourselves at hoshi we're building an in-house academy because the only way we're going to stack up our engineering team is by finding full stack engineers that we can train to become qualified auditors. if you're a qualified engineer today chances are you're building your own solution or you're being paid a ridiculous amount per month to work for some i.c.a.o. . and that's just the reality of it when you're offered eight hundred a therion for the month of my c.e.o. you're going to jump ship from whatever you are and go ongoing joke in the industry as if you're really qualified engineer in this space you might be too rich to get out of bed. yeah exactly i mean that's a real problem there at the top talent is is become fabulously wealthy and so they're not really motivated to. get their hands dirty correct yet so you've got to

grow talent from the grassroots and this is a brand new industry where even if you're hiring someone on the block chain side of things maybe they were an early employee at linked in and they've built out a big team of thirty people for but they haven't spent the time to read the bitcoin block chain white paper there are hundreds of toshiba's white paper where it all started and i feel like most of the times people who are very experienced in business don't understand block chain one on one and that's also a big problem with hiring this is a true for anyone in this industry i'm sure they're all facing it that you found someone who can be a v.p. of marketing you know sales force or she knows sales force and part. but they know nothing about block chain one hundred one and how to operate in this space what's the what's trust decentralisation really mean people bring their assumptions and their experience and they hear a few things and then they just kind of court over what they know and they think they know stuff so what is like with the one thing that a newcomer even experience as

a technologist is missing about the block chain is if you will that the core belief system was that one. special sauce if you will that they're missing i don't think it's special sauce i think it's reading the bitcoin. read it understand it and if you don't start watching some videos from andries antonopoulos read in examples as these i think they're a little more of the seeing i phone example is material easier to digest he invented the word smart contract the furries and it's remarkable that people don't even know that now looking out to twenty eighteen twenty nineteen what are your thoughts on bitcoins emerging second layer like lightning networks. and how's that going well i mean we've been waiting for her a really long time for elizabeth and the lightning network team to give us a viable solution but we've all been very excited about side chains being the answer and site chains being the answer to us being able to go up against visa and

master card in the space because it's not going to happen on the the corbett clinical auction right so it's got to go off yes it to handle that volume and it gets back to you know the debate of twenty seventeen was really this debate about store of value versus means of exchange and the means of exchange was opened up km competing block chains and talking about house to toasties vision is all about digital cash and that the store value argument is not really just be placed in the center of the discussion about it looks as though that store value argument kind of won out to some degree in twenty seventeen and. now or in twenty eighteen and it seems like the argument of the day is going to be proof of work vs proof of steak ok so explain the difference and then your view on the proof of work is not sacrificing security. as much as proof of steak is that proof of steak is

a great step towards leveraging less electricity and it's way more earth friendly but is it the right step for security. i would personally say in my personal opinion no first book proof of steak takes a step in the wrong direction for security at least right now it's sacrificing security in order to save electricity which brings us right back to proof of work. the dust hasn't settled so therefore economic comes all way back to back when again because it's the longest. they got the longest track record it's got. on on interrupted up down up time right and so do you see anything we're maximalist to say that that's the reality is all we really have to write so as a security professional that's kind of your opinion to the industry folks are asking about that that that's where you were excited for proof of steak but they need to value security and we need to as a community hash through how security will be sacrificed so on the environmental

issue. seems like a nonstarter in many ways because first of all i mean just off the top of my head i'm thinking like all renewable energy. power watch i am in saudi arabia going to be one hundred percent renewables they've got a ray of solar panels that are the biggest in the world iceland is all geothermal energy the technology for photoelectric cells is going that ace of pot a curve down to zero cost so we're heading into a renewables anyway and so why is this even an issue security is usually just someone. i don't think the issue is finding a way to have renewable energy be produced whether it's nuclear whether it's solar i think that's not the issue the issue is just being able to hash through how can security be the utmost priority so security is not sacrificed in an effort to make things proof of state of the proof or not i get that but it just

seems that the common theme you hear from no corners as they're called to say paul krugman from the new york times hill hit on this it used up a lot of energy issues and it just seems like a nonstarter and doesn't matter right now it's ok if you still owe actress that you're right at this point there's a lot of things that use a lower interest that honestly we don't even know if the u.s. dollar has sole goal all right. iowa is the name of the company this is how it is sonny is c.e.o. and founder i'm co-founder and president my co-founder is the o. kwan and his previous company was coin setter they found an exchange that in new york they sold coins that a crack in and after that he launched launched where they got rid of passwords using multifactor authentication they sold launched a dietician labs and then you and i partnered up to start osho and to be laser focused on blocks and security perfect thanks ray i've got so much max already did it all right well that's going to do it for this edition of the kaiser par with may max kaiser and station over well i think our guest saw me a whole show i o.

generated on twitter as kaiser report as i saw. in july twenty second team also took the freedoms journalist working with. militants in syria. to focus his established. as well reporters. to seek to truth and truth. please you can submit to your published works in on a video form written form go to a warm doughty don't come in to now. apply for many clubs over the years so i know the game inside guides. 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 a billionaire owners and spending two hundred and twenty million on one player. it's an experience like nothing else i want to get close i want to share what i think what i know about the beautiful game played great so well more chimes for. the base this minute. elliston is getting international recognition with the help of israel at least in the world of zoos i'm in built it off to finish it to do it you like it to see that my compass is going up no five you know maybe. they're at otranto about. the only palestinians who gets the most help from its jerusalem counterparts i don't think this is another those ruined on the vision that not only could give

this. i know it is a lockout that it's got this lady of the most out of it you had i not going to continue in the guise i'm going to do more almost lost them piss off. palm oil is one of the most controversial products of our time it's a solid vegetable fat that's very cheap. twenty seventeen production grew to sixty three million times that rapid growth in international demand for cheap oil has led to the massive expansion of palm oil plantations which is the destruction of rain forest. given to the zio a lot more than ten million hiked as of unique rain forest has been destroyed and it's a process that just keeps going. no

collusion found the u.s. house intelligence committee clears donald trump of allegations his presidential campaign was working with russia. continuing to fuel the allegations a new interview by the russian war he met with some campaign officials in two hundred fifteen she admits to being a russian government informant look at the revelations to see if there's anything new. says if a loser struggles with the her rip consequences of chemicals and if you write good materials used by the u.s. and its allies this is fifteen years after the iraq war started. and as the new u.s. secretary of state takes a swipe at germany claiming it's not paying its way when it comes to nato defense we go to the berlin a show where germany showcasing its latest military hardware. it's not just the

professionals they get to sort through the air using this tactical simulator of a helicopter i can even flying a mission over this small german town called rather a bumpy ride with me in charge. anything to you this is r.t. international. no collusion that's the verdict of the u.s. house intelligence committee which found no evidence donald trump's twenty sixteen presidential campaign had been working with russia however the democrats still refused to endorse those findings and i vowed to continue the probe with more on the report his aunty's. if you've heard it once you've heard it a thousand times but here it is once more for those of you in the cheap seats the

russian active measures campaign against the united states was multi-faceted they leverage cyber attacks covert platforms social media third party intermediaries in state run media the house intelligence report begins with a novel idea the american people rightly want to know what the russians did and how and well each section starts off with accusations of what the kremlin did where the evidence is meant to be there is just a bunch of blacked out text nevertheless the committee concludes that russia's goal was to sow discord in america and cast doubt on the democratic process that's apparently with point zero zero zero two percent of u.s. election related advertising on google and with an equally huge amount of ads on facebook twenty five percent of which were never seen by anyone that's in the report still the aim was apparently achieved and is the sole reason for the expansive divide that has grown in america since the election rush's active measures campaign achieved its primary goal of inciting division and discord among americans for more than

a year us politics have been consumed by busy recriminations charges and countercharges about the attacks it's wholly unclear how russia's alleged actions are responsible for the political chaos that has ensued since trump took the white house it wasn't russia reporting that terms former campaign managers connections to ukraine spelled out collusion one of the many theories that the report shoots down the charges against paul the for president trumps former come pain manager perceived more than seventeen million dollars in secret payments from a kremlin linked to political party in ukraine but it was the american media that hypothesize that trump jr is meeting with a russian lawyer proved moscow was supporting trump donald trump son think he was about to get help from a russian lawyer with ties to the kremlin this is looking more and more like treason and all these strange behavior from the president it's all explains now a stream of lee. by the intelligence community condemned by the report as damaging national security wasn't orchestrated by the kremlin who are also learning from

your sources that intelligence officials they denied n.b.c. news is learning from intelligence sources u.s. intelligence sources tell c.b.s. news or even taken bastard half of team trump was accused of meeting with him and that threaten their jobs but the report says there was nothing sinister there also there the controversial russian ambassador sergei look of course of the pictures of course is shameful picture where the united states press corps was kept out by the russians were allowed in there is an open question whether there was collusion cooperation between trump associates during the campaign and russian officials all of that discord was home grown so after a year of searching that included seventy three interviews nine hearings and briefings and the review of countless documents were left with the conclusion of no collusion and as much proof as we had before the report was released meaning little to none who took over smuggling almost always involves a mention of this channel as a so-called tool of kremlin influence and this from the apparent reason is the growth in auntie's popularity according to the reports moscow used google and its

services to spread propaganda via the council and it notes that artie's reached two million subscribers on you tube the lawmakers are also disturbed by the fact that artie's taken in the same manner as quote legitimate news sources media analysts latino vote think that congress is mistaking an alternative point of view interference the only thing that we can maybe point to is that these people called the russians russian government russian actors people with russian names i don't know but these people that we will collectively call the russian. put out a tweet since facebook story that did not encourage armed revolt by the american citizens i doubt would have been something it merely presented allegedly at the point zero zero two whatever percent of this but presented stories in that other.