nation that happened in two thousand and seven to two thousand and eight based on the sub prime market is you solve that problem of the maturity thing it's like these thirty year mortgages were packaged into c.d.o. is that we're swapping in a changing hand overnight like several times here we have the same thing they're trading like dot com companies though in this paragraph here will remind you of your dot com days the prospectus for the bond offering from we work obtained by alphaville on the f.t. points out that revenues jumped by one hundred three percent twenty seven thousand from a year earlier to a hundred eighty six million and that the total expenses jumped one hundred eighteen percent to one point eight two billion based on this well established unicorn strategy the net loss in twenty seventeen jumped by one hundred seventeen percent year over year to nine hundred thirty three you know they have to spend two dollars to gain a dollar sensually and revenues amazon you know they have lost money for years and years and they now own the market and that's the strategy so we work our netflix our apple or these other companies they are willing to take this enormous risk that

they are going to burn through more money than they have could ever raise to gain market share it works until it doesn't work you have amazon netflix are genuine dot com companies this is the real estate company which has huge elisa's long term leases whether or not that's going to write it's like any lampard over at sears yet thinking is going to be the next warren buffett because of a retail foundation not understanding that warren buffett is an insurance based foundation and lampard is near insolvency and sears stock has lost ninety five percent of its value and we got to get out of the second don't go away and much more beauty coming your way.

in the heart of the swiss alps this is a place probably more secretive than the pentagon more mysterious than the cia and better guarded than for knox swiss customs are here permanently all the site is

controlled by them and they impose the opening times so if you oppose it because it took the form it's all plus the procedures in place of the strictest in all europe must to pieces by artists like pecans oh and modigliani i can't boards and sold inside this warehouse that's where the report comes in it covers up deals which are naturally discreet commercially discreet step but also discreet because they concern fraud. some of those paintings are linked to dog secrets nobody knows how many of these secrets they kept inside the geneva freeport surplus you'll never obtain an inventory of all the works in the freeport who knows how many there are three hundred three thousand three hundred thousand is it's a matter of confidentiality only is it the world's black books of the art business . by two things by his emotion and he is. in the long place a very long. so to speak

a. long distance runner in politics and that's the way they underestimate him. welcome back to the kaiser report i maxed out our time now to go to dan collins in shanghai and the author of a china money report that collins welcome back to mexico to go on air again now then the two koreas are signing a peace treaty who will get the nobel prize for this and how is this to bank present and china well my personal opinion they may be she jinping i don't know maybe donald trump maybe the you know the president so korea it's hard series know the news over here is trying to you know very great news the end of the creek in war after in more than fifty years. kim jong un says he's going to

completely denuclearize the north korean peninsula fantastic news you know on the skeptic side they said we've seen this before two thousand year two thousand and seven several to some and nothing came out of that but i think we're out of at a crossroads we have got a crossroads here because of the donald trump factor i think because of the aggressiveness that nor that the united states has shown over the issue i believe china has finally taken the lead here and there that the puppet masters behind this piece that we see break you know in north korea well you can't discount the role of dennis rodman in all this i know it sounds a bit crazy but he did he live kim jong un in a way that no one had done before and up on the way really to a dialogue. how will this play out economically are there any sectors that wall boom as a result of this interview dan early to say but keep in mind china is the linchpin

for the north korean economy ninety percent of their trade is with china and that trade this year is down some sixty seventy percent because of sanctions because china's actually put on the sanctions the north korean economy if they let loose could boom because. they're so far behind the modern economy and. hard to say what sectors will will will open up the will we see you know how that was the real question are max how do dictatorships die how does kim jong loon well the kurds are over you know i open the curtains on the world to the north koreans this is and still remain in power that that remains to be that's going to be a tricky move for him that's interesting what you're saying this other words the sanctions that china imposed on north korea sams to have brought them to a negotiating table and of course the sack shows i guess you could say orchestrated by donald trump and donald trump is proving his farai that

geopolitics can be saved through the view there's a lens of deal making and and in china of course where they are dyed in the wool dale makers that approach seems to be working how does it have fact on a broader sense in china in other words the trade war that saddam going the currency war that's ongoing that cropper left a ship with china where a way out and that their relationship them you know why believe the china is actually on the losing side of the trade war here you've seen a lot of chinese companies including the buy deal makers the trains alcohol heavily reliant on imports. from the united states so. there's a lot of companies that have gone with the chinese government are asking for relief with these new duties the chinese put on american products what i found most interesting is what china has done to d.t.e. the tillicum or what united states did is easy the telecom maker with limited chip

exports to chinese companies this is a new phase of the trade war the trade we're getting a lot of press here everybody's talking about it i think china has pulled back they've already announced huge opening up in many sex. the car automotive sector is not going to open up electric bugles there's a lot of areas now that the train is going to open up their economy and allow more imports it well the same time you mentioned that you know geopolitical you know they're playing a game of google which is you know legion chinese game you're still have your tears were that's one bill one root is that's what this so trying to see you saw us andrew this week max mentioned china now controls a soldier in syria chemo bleeding you said that right well you mentioned the game of go. this is another game to throw into the mix along with chess for d.h.

ass forty chasse checkers and now go now when you describe go there to sounds like you're describing mercantile ism which of course has been the chinese room to go to global economic policy that is just grab as much global trade as possible from the other guys in other words they don't have the idea that all can grow simultaneously it's about growing at the expense of your trading partners and of course some of the gold standard that worked out pretty well because the accounts were settled in gold and you had some consistency in the current say and the currency was gold but we live in an age of fast currency and so is a market to last policy or a game of go as you describe it does that work in a free ad currency where people can just print money all day long in other words.

china's weapons here they're buying gold they are buying gold and they are expanding through american tallest approach but america's got the federal reserve they can print money all day long and they control the dollar which is the world reserve currency. so is this match up who wins in this match up down well absolutely i think the last hand the united states had to play is the. federal reserve the u.s. dollar with the china though taking them apart the swiss system built off the from the united states now the united states is even weaponized the swiss system against russia and the other country that's going away russia china are building their own swiss system the you know we talked about five years ago max are way ahead of the curve of the petro you're in i mean i've said years ago we're talking about the china moving the oil in to remain be the next phase is the remedy to become a global currency that's what they're moving back on that trying to move all the oil sharing the futures oil futures exchange open you know late last year so as we

see more oil contracts go into renminbi remain be international trade gets settled more and more in order to be really be will eventually challenge the dollar so did so and then all of a sudden it won't be such a pristine game people are going to have to are going to demand real assets for their money right now that would imply a rail ask us for their fat money watch what employ a higher prices for real assets and i would suggest that commodities in the u.s. like oil would start to trend higher we are already starting to see the oil prices creep up that might be a result of what we're talking about here you mentioned russia there a chorus russia china are establishing a one bell want to run out going all across asia a year asia and to russia they're creating this huge economic zone which well rival the dollar and interestingly enough there's a rumor is that they summit between donald trump and north korea's kim jong what

happened in a city just north of japan what happened to be in russia so how would that play bad as seems remarkable yeah. keep in mind cheney the cheney's former minister wanky is now. going to north korea this week and i think they're laying all the groundwork for the trump kim summit to come and i think they're laying the groundwork now to mention i think china is the puppet master behind this piece but they're going to give the credit the donald trump and i think you know the big hand at play in this of course but yeah i mean the summit we will see i think china is already working behind the scenes they're going to want to demand that the see the nuclear inspection sites. has him take those off line what comes out of the summit are they going to ask for american troops to be withdrawn from south korea you know we still have thirty thousand troops sitting in seoul as pawns in this game to where north korea ever attacked the united states would lose thousands of

soldiers and then it's instant game on you know what the united states so are they going to mean withdraw those troops so far they haven't asked but it's going to be issue what comes out of the summit but i think the tone coming out of him and what we saw this last week with the engagement from south korea i think we're at a total new turning point and i think china is going to put north korea under its wing and the question why is why is north korea feel so safe not only they want of dollars from the united states that they would not be attacked and then they would be nucular has china given north korea nuclear shield have the have they promised north korea military support those not forgetting the korean war they lost over a million people million soldiers so they are you know they're in the game and they're going to support north korea right well yeah imagine the sanctions have really put a lot of pressure on north korea and it seems that donald trump may be locked up in geopolitical chess board or go gorup board looked at where the u.s.

was wasting the last monday and the military budget and said hey you know those troops south korea could probably get gul and we can save a lot of money right there let's get that in laotian and that. as a result it brings and to play china south korea and russia and as as a way to unravel this enormous military apparatus that the us as much as half of tax dollars approximately one point five trillion annually goes into the pentagon's budget and you know i think the pentagon burns telenor and fifty a thousand gallons of oil a day or to something extraordinary it's a there are thousands or millions or something unbelievable so it's an unbelievable drain on our energy raise our society just as a single point of failure or a single point of leverage is same like trump is. playing a very interesting game here tell us a lot of blah chain

a bit coy china is relaxing as heavy handed response to bent quien is that true what are your thoughts i think china china has to have users there is big going in there is blocking the block he was actually in were created in the last fight strategic five year plan from the chinese government hondo of april twenty eighth announced a one point six billion dollar investment for blocking start ups three offices free human resource of or handle the bank of hondros getting involved in loaning loaning money to blocking start ups on do of course the home of ali baba it's very interesting if any of the books two hundred fifty billion dollar i.p.o. we talked about before max china's so far ahead in finland fifty times the rate u.s. has in mobile payments she is also not something similar to compete with condo change in the whole of tencent in many high tech companies so china is big on the blocking

the people go see the people's bank of china has already done trial runs with their own crypto currency now leads into crypto is there not such a big fan of because they want to like every other government they try to control your money intro your life with your lease which is which is the paper money. so you know i mean me may have known there was the last chain has been to conference here a few weeks ago which i actually attended and we were thrown out and right before lunch the government came in and literally you know everyone's got to go and over three thousand people we had to exit the conference the morning was most and been checked but then when they started talking about crystal wallets and how you can get your money out of the country then it got shut down so well that no kidding me well i got twenty seconds can i make a comment on cena. so you know kim is the train to accompany the first trial runs with block team with gas imports and exports where it's completely be centralized and treat spirit in all parties and both have

a record of it so chinese companies are moving back on blocking and i expect them to be the world's leader just like they are with mobile cream it's all right there out of time guys re on the kaiser report and he's right that's going to do it for this edition of the kaiser report with me max kaiser as they say every well one writes on twitter is kaiser report and select time by a.o.l. . is one of the most controversial products about it's a vegetable fat that's very cheap. twenty seven production grew to sixty three million. that a rapid growth in international demand for cheap oil has led to the massive expansion of the plantations which is the destruction of the rain forest.

came to the zero a lot more than ten million pounds of unique rain forest has been destroyed it's a process that just keeps going. a little too late to be the end victim as i do so when a few superstar finally said i think it has been my life. when i left that i sat next to the markets and i think a lot of those me. i was feeling the worst leave because a book in his life. and. taking. the. country of the

illegal up in the building he. listed on the family didn't have a difficult time. and these years i live apart from that i don't. know how shame will. kill a gun it will be the first admission from the. i . was. going to. go. out and i'll.

look at. the un's chemical watch stuff now. says' it's unable to determine the amount of nerve agent used and it's propelled poisoning case backtracking on earlier claims that nearly half a cup of a toxin was you. the us allows the man considered to be a kingpin of drug trafficking in afghanistan to walk free from prison it's reported haji juma carne struck a deal with the or parity is due to his high level links with america's law enforcement. and follows the fact and author of the communist manifesto called marx would have turned to plan for it this saturday his hometown in germany celebrates his birthday remembering the man whose ideas remain as divisive now as

they did more than a century ago. very warm welcome you're watching our international with me. top story this hour the international chemical watchdog investigating the poisoning of surrogate script his daughter has made a u. turn on its claims over the amount of a nerve agent used in this soulsby attack the organization corrected an earlier statement that there was nearly half a cup of the talks in now saying it's an able to determine the exact quantity of looks as a growing number of inconsistent sees in the probe usually what happens with ministries is the answers get revealed crimes are solved perpetrators are identified in the script all case what's interesting is we seem to be going in

reverse. the research activities or protection you would need for instance five to ten grams of but even in souls three it looks like they may have used more than without knowing the exact quantity i'm told it may be fifty one hundred grams or so which goes beyond research activities for protection it also stretches the realms of reality here's some perspective one drop of a new rich aka nerve agent is enough to kill roughly ten people one hundred grams the equivalent of a small glass would be enough to wipe out at least a neighborhood kill thousands and thousands any serious chemist familiar with nerve agents will tell you as much know each other is supposed to be very toxic highly toxic five to eight times more toxic than the x. which is already a very very toxic what's interesting is how the head of the world's chemical

weapons watchdog could possibly make such a mistake perhaps it was a mistake the u.p.c. w. didn't take long to shall we say clarify the o.p.c. w. would not be able to estimate all determine the amount of the nerve agent the booze used in souls bree on the fourth of march twenty eight in the quantity should probably be characterized in milligrams fair enough they miscalculated a slight exaggeration of about two hundred thousand fold but ok remember when russia protested the accusation that only eat could make no rich ox no one took them seriously in fact the accusers were offended by the very idea. the russians crossed all boundaries when they said the novacek agent could have come from the czech republic that is a lie fake news right so imagine the czech foreign minister's face when the

president then comes out and says this the novacek was produced and tested in the czech republic it was a small quantity though we know when and we know where it was done it would be hypocritical to pretend that such a thing never happened pretty remarkable just to think britain was so sure it was all so we singularly exclusively russia is highly likely that russia was responsible be to the poles russia culpable culpable culpable for the attempted murder you argue that their source of the chalk is russia how did you manage to find it out so quickly i look at the the evidence when the people from from porton down they were absolutely categorical and i asked the guy myself i said are you sure and he said there's no doubt only russia it could only have come from russia said the guy over there to barra's johnson one hundred percent guaranteed go

ahead sanction russia you can probably guess what happened next as a pattern here of not verified the press a source to be clear you're not able at portadown to say where it is from we haven't yet been able to do that so much backtracking it might as well be back running yet the media hits the breaking news peddle over any scandalous statement no matter how unsubstantiated and every time those statements turn out to be untrue no one cares staying tuned only for the next sensational revelation. i was winning journalist and filmmaker john pilger is the guest on today's edition of going on the ground he says it's crucial for the media to question the official narrative i've never known a time when so-called as you describe it mainstream you surely. a

satirical. mainstream journalism has been so integrated into a propaganda. and that that propaganda campaign at the moment pointed rights against russia suggests to me that it's the beginning of a kind of not a march on russia i've been a journalist for a long time i've covered many wars i've covered the first cold war i've covered it from the soviet union i've covered it from the united states i would say there is a pseudo journalism now to simply write down and swallow what governments tell you is the very antithesis of what real journalism is. one drug lords arrest was called a devastating blow to the taliban on trafficking in afghanistan but now the various

that a man has quietly walked free from u.s. prison auntie's caleb maupin has been looking into the possible reasons behind his release. here at this correctional facility in manhattan you've got some very dangerous criminals you've got the mexican drug kingpin el chapo guzman furthermore you've got the terrorist suspected of driving his truck into pedestrians here in manhattan back in two thousand and seventeen but one rather famous inmate the afghan drug lord haji juma khan recently checked out and no one knows why khan was first arrested back in two thousand and one as the usa began its operations in afghanistan however he was almost immediately released and from there he went on to set up a criminal empire known as the khan organization he was watched very closely by the u.s. drug enforcement agency the organization to arrange to so move on base nope i'm durable to that can be processed into heroin in quantities is launches for two tons enough

to supply the entire united states heroin market for more than to use now it's also important to note that in afghanistan he became friends with the d.e.a.'s top man in kabul he described their friendship is crucial in getting information he was a major player in the global herin trade and our aim was to console the supply of money from king pins like him to the taliban and terrorists such as oh kind of he was an unofficial spiny and he gave us useful information that we passed on to the military at one point in two thousand and six the da chief in kabul got so close to his drug lord buddy that he was worried he may have cancer he arranged a trip for him to the united states in order to get treatment one day i know it says that he had a group on his chest i thought it might be cancerous as i previously had a melanoma concent and showed him my scones i offered him treatments in d.c. and we went out was a full slum i was hoping friend bruce who is with building trust the friendship

soured in two thousand and eight when he was learned to indonesia arrested by interpol and then extradited to new york city once he was locked up ten. trial of the d.n.a. then publicly linked him to terrorists proceeds from hundreds of mcconnell global drug trafficking organization funded the terrorist activities of the taliban he's arrest significant line of credit to the taliban that will shake the foundations of his drug network and his message quantities of harim to world my drug markets ever since that time everything related to khan's case has been completely sealed in two thousand and ten the new york times wrote about his long standing friendship with both the da and the cia prior to capture at the time neither agency would confirm or deny it unlike his lawyer several law enforcement agencies from the united states approaching people in afghanistan including mr khan and requesting assistance and assigned to stand it payments made services requests from my client

and others but now com is free no criminal charges no trial and no explanation why now at this point perhaps we can assume that the law enforcement agencies know what's best for the public and just don't feel a need to share their secret collaboration with the worst of the underworld kept secret so you can sleep better at night. r.t. new york. r.t. has requested comments from the us federal bureau of prisons concerning khan's release and will update you when we have a response. i once green area close to the french capital is now on the tongues of illegal waste but clearing up the problem is proving difficult for the oath or sees and even more frustrating for the locals.