it's a very important day for shots no viera is there in the car or a muslim wedding ceremony. all of the shots relatives aunts sisters and brothers are here all of them. getting cold feet but she's reluctant to leave the car. to. come to the con spec mosque in stari crim it's one of the most ancient mosques on the peninsula. some seven hundred years ago starry crim or qur'an as it was known then was the golden horde's administrative center. it's also the origin of crimea's modern name. this is the location rashad chose for his new car. to be honest i've never been inside a mosque before this is just as exciting for me as it is for the bride and groom. i don't understand a single word but even so it's very moving. and. always

wanted to come here in winter and yesterday there was literally a stall i can't imagine how the builders can stand this weather. i've been on the bridge for about ten minutes and my face already feels as though it's being caught in a siberian frost during a storm crane operations are suspended but today the wind has subsided and work is on the way. we know no course. groups near. you know when you will renew sure. the bullshit.

go to. the lower debacle over how ever so. big building a but if you just know both the colorful or both or most of the buckles of the. world war. working men the canteen is sacred in fact it's like a factory all by itself. it is actually comparable to the construction site. is a typical lunch. one thousand and eighty liters of soup two hundred seventy kilos of salad one hundred twenty kilos of meat patties thirty kilos of humpback salmon

and vegetables fried chicken forty five kilos not to mention five hundred liters of fruit kodi all you have to agree that's pretty epic. either was store already in the queue if you can but here's the stitching up or you get that only you can not figure what's next for you. as this you mean your words not show some of those gutters full. force a bushel for its future because we would use the. canteen works around the clock breakfast is prepared one night lunches cooked in the morning from lunchtime onwards they make dinner and the search continues. for. the football and the. littlest ones up now for. most of the worst form of pursuit doesn't work when used never was too. great

boldness and. take. it up a little good with children little the last portrait one knows them. both. essential to. have been saying the numbers mean something they matter the u.s. has over one trillion dollars in debt more than ten white collar crimes happen each day. eighty five percent of global wealth you long to be ultra rich eight point six percent market saw a thirty percent rise want to hear some with four hundred to five hundred trade per strike at the first shot hit him bitcoin rose to twenty thousand dollars. china is building a two point one billion dollar a i industrial park but don't let the numbers overwhelm. the only numbers you need

to remember one one doesn't show you can't afford to miss the one and only. so what we've got to do is identify the threats that we have it's crazy going foundation let it be an arms race is often spearing dramatic development only closely i'm going to resist i don't see how that strategy will be successful very critical time time to sit down and talk. december is quite an intense month for all performing artists shows are always back to back this is my new album being released. pretty loosely. on the studio. the cut. that.

was. the full. river even if. there's an old russian saying from the boats to the ball and that's exactly what i just did but in my case it was the other way around i want to refrigerated fish transport vessel bound for the black sea some first time aboard the big fridge so that arch is now our gateway to the black sea. the channel between the pillars had to close when the arches went up but only for seventy two hours. we're fishing for ham song locals it's a sort of toad some fish residents of courage and some on will know what i mean when life was tough i'm signed potatoes were the staple foods as

a crutch native i believe is the only place where you can enjoy properly salted ham something but if it is. a little. wind up by. getting a job at one of the set up it up and out of the house. we didn't even have time to enjoy our tea. but. i think. you. are trolling that scalds on something that's once meters we're having to drift around to recover what's left of our fishing gear. one of. those elections among fishermen about a monster that lives in the black sea it must be true with cauterets.

oh. absolutely loose. it will go well. well that was it. so they were both. the arch spans so all thirty five meters above sea level. the builders have to use a lift which of course is operated by the attendants today but you have students. start to. look up it up with all the. northbridge of the. wanted to good. to study. something you look at you know the course of. loving. one your good.

works are for. looking up on you to judge right. takes me back to the joy of being allowed to press the lift buttons as a kid only has he has a gun. and. even i don't. purchase market is an absolute must if you ever get the chance. i was taught that if i wanted them was to be missed and that and the rest of us know what doesn't kill. the other the one i mean that i mean it. and this is the fish.

i must know each and every black sea fish like an old friend you can find all the local specialties here. but if you knew my guest i knew she would. most likely. hold up and i'd say love that his mother is. that glassy astley. be sure to check out this markets you won't be disappointed. this if it's worth it and they'll. get that i suppose if it was their own doing. but i was there enough to buy that. theory is that. i'm now at the pioneering plot on tools like island where the road is ready. but surface was put together in less and that's why it's commonly referred to as the cake. if your current world looks good you would look. we're installing the god

rails world war you're. the founder of those learn. your. lives. we should look at the future the jobs are. starts to prove it to. me. it took thirteen thousand kilometers of steel bars to reinforce nineteen bridge spans for a fall and wrote. the plane arriving from moscow to sydney covers roughly the same distance. after the spencer finished but it was covered with six hundred eighty seven thousand five hundred nine square metres of asphalt.

i. mean the was deleted i'm so lucky to be here in some on for a stare. at the lovely church of the intercession of the holy virgin is here you didn't. it's the cossacks built it in seven hundred ninety three a year after they landed on the time on coast. the church has never stopped working not even during soviet times that's why some very vibrant stations have been preserved here for example during the cross procession they close the triage gates and cossacks stand guard on every entrance to stop evil spirits and turn the temple i. was due to.

the construction of the crimean bridge to his official title cut straight road bridge carried on for eight hundred and sixteen days never stopped not even for a day. initially seventy four bridge designs were submitted for consideration. just imagine the scope of that competition when construction had just begun it seemed an incredibly sophisticated project but through the skill and professionalism of tens of thousands of people the crimea bridge is actually ready. but if it were. the first person to. drive across the

bridge is the president giving it his stuff to the police. this year broke with an interview with joe the. plumber but they cut the floor but time for the other one to look. live there. was a great road it only took sixteen minutes to cross from time to catch. it was immediate and it is a very dilute cream that when you should be near. us you sure believe it. drew blood on their washable to do. at the lake in judah city to shoes spicy.

shots until there aren't pun into this is crimea just scads two weeks before the bridge opens the had a baby daughter. says joseph a new. i think she suspects in the matter of the shots they call term alike which means angel in satara looks as though over shots crimea relatives will have to visit them from the. us they're in while she's still driving trucks but from now on she'll spend a lot less time on ferries. but there's a lot of again well now it's time to go home. knowing you. can. get them on the must do. on serene i and i had into curch on the bridge our waits wasn't so. this is.

the sort of the eulogy of the dun of c. up so close your study you got stole some more stuff like all the water so water why she should be dumped the suggestion is to genius what we're both. is a bullet holes in your living form trauma talking you're. still a don't get to let phyllis with a. little brain sleaziness through generally speaking. in the few minutes on serene that will meet her sister encourage your littles honestly it seems love with you still only scares the shit. little those a couple more familiar bits of that but limp. body scribbles and other stuff might be called a little. little. bit. more than

a single play your. silly. little couple of. muslim it will be please. please. a full. consumer must be. plugged.

let. me. twenty five years ago companies or go public as a way to expand their be a viable corporation you have to meet certain criteria to for being a bible corporation and then you are allowed to go public now there are no such criteria so if you're essentially burning through cash and going bankrupt you're

using a public marketplace to bail out a losing position. in july twenty seventh team hunted up a freelance journalist working with on t.v. a militant showing in syria. only his second five scotti has established a memorial they will recognize more reporters who often risk them much for the sake of the truth comes through that peace you can submit to your published works in a video form britain for my son till june the twelfth go to a. mosque . was. hard to look up. to have them booted up was there.

the headlines police fire smoke grenades as clashes erupt at another mass rally in paris against president reformist our correspondent was there when the violence broke out. i just at the time you can see it's not just coming down covering this we're going to have to leave because. it's pretty rapidly . the leaders of north and south korea meet to discuss the potential peace summit and keeping the u.s. on board.

they've opened the windows the blinds a row so probably means we're really really close. and there's something fishy in the waters off of seattle's coast in america where muscles have tested positive for opioids highlighting the scope of the country's prescription drugs. can head over to our web site for more on those stories we'll be back in about an hour's time with a round up of the week's news right now it is time for us to. i am max kaiser this is the kaiser report i am feeling it stacey hey max home ready in the near italian two year yields still near zero percent as new government

proposes haircut for creditors and alternate currency markets on knife edge the proposals by a government for a debt right off and the issuance of short term credit notes as a sort of alternative currency are hallmarks of a looming default and should cause a spike into the stratosphere or at least into the double digits and so italian government bonds fell and the yield spiked today adding to the prior four days of spiking but wait. italian bonds were trading it at the two year was at negative rates only a few days ago so a few weeks ago so. people are bunkers this is hilarious the world is flat and i can prove that because the ship of the economic state is about to fall off the edge of the world and plummet into the abyss so no economic interest rate gerrymandering manipulation

contortionist that deeply. reengineering claim mansion. will result in anything less than the bond apocalypse the bond market is in a three hundred air bubble it's about to blow and it's going to cause massive problems and chaos so let's put it really compare it to the united states ok we we both like clowns as president that's apparently true but italy can't print their own money yet they're trying to introduce a parallel currency but nevertheless one can agree that they've had a history of devaluing they kept on devaluing for example leading up into the euro i did a lot of deals with them when i was at a film distribution company and we kept on having to renegotiate because they were

always devaluing today they're in one of the worst debt crises and we've been talking about this for quite a few years since the fight the last financial crisis of two thousand and eight through two thousand and nine when is italy going to blow and can europe deal with that well five trading days ago the italian two year yield was still negative point one two percent in other words investors were still paying the italian government whose new players are contemplating a form of default for the privilege of lending money and now the two year yield has spiked to a positive but still minuscule zero point two four seven percent of the moment by comparison the us treasury two year yield is two point five seven percent over ten times higher so the u.s. government right now has the world's reserve currency the us dollar it cannot possibly default on your bond so they could print money italy cannot print euros and yet people are paying ten times more the u.s.

government has to pay ten times more than italy does to borrow. they're showing that their pay is such a bank will continue to buy these bankrupt chalion bonds you know in a world where the pentagon recently announced they lost twenty trillion dollars and they can't find it you know that's a that's showing you for for example that the u.s. can print money they could blow up twenty trillion dollars and nobody it doesn't matter italy if they blow up ten billion euro is the chaos ensues across europe right ok so you have twenty trillion dollars gone missing in the pentagon and there's no accounting standard whatsoever and italy that's a subset of the size of the italian economy the total g.d.p. of italy is considerably smaller than twenty trillion dollars and so you have obviously robots that are buying these bonds without any sound economic reason to do so so this is part of the bound bond pocalypse is that there's nobody actually a human being deciding that these negative interest rate bonds are

a good deal these are robots eighty to ninety percent of all the deals are done by robots or the robots are either a trying to destroy the global economy or b are not programmed to act rationally well that's one way of looking at maro jaggy but we're going to look at why these ilands why the u.s. government has paid ten times more than italy to borrow money for two years why that is happening is partly because the u.s. fed is no longer buying their own bonds like they were during quantitative easing their tapering and remember we've often said you can't taper ponzi what happens is the collusion is a soon as the u.s. stops buying the u.s. treasury stops buying the u.s. fed stops buying their own bonds well then the e.c.b. steps in so how is this possible according to wall street is says as the possible because the e.c.b. run by an italian has been buying a talon government and corporate bonds hand over fist along with bonds from other countries in the euro zone as part of its q e in order to do whatever it takes and

what it took was to stop any and all. to scupper e into force investors such as life insurance and retirement schemes that have to buy euro bonds to buy italian bonds even when the yields were negative these outfits actually their beneficiaries whose money this is are now pocketing guaranteed losses so it's not hilarious to them as i said the pension accounts and the m a retirement account are programmed robotically likely to buy these bonds even though makes no rational sense or locking in losses in other makes no sense and so i get on the titanic and you hear the warnings there's an iceberg ahead iceberg ahead but you say you know i'm going to ignore the warnings i'm still going to sail into the iceberg again they're basically italy is allowed to borrow at a lot cheaper rate than the united states people are buying negative yielding bonds on a government that's about to disappear to implode the economy there in italy let's look to investors in the united states mint mostly new york stock exchange and

nasdaq and all that trading is done by robots but those robots act on behalf of the ordinary investor and for pension funds and things like that but they're also v.c. funds and they've been well the entire economy is movie based now enjoy it while you can overall seventy six percent of the companies that went public last year were unprofitable on a per share basis in the year leading up to their initial offerings according to data compiled by jay ritter a professor at the university of florida's warning to school a business that was the largest number since the peak of the dotcom boom in two thousand when eighty one percent of newly public companies were on profitable of the fifteen tech companies that have gone public so far in twenty eighteen only three had positive earnings per share in the preceding year according to mr ritter so they talk about. air b.n. b. we work until body makes money they have massive losses they go public they still don't have earnings air b.n. b.

is the first time they've actually made some profits in the last quarter so we. have negative basically venture capitalists have been financing vast sways of our economy. taken hooper so cheap and so easily because investors are paying for half of the ride you can pay you get cheap office space in downtown manhattan because investors are paying half of the price the they no longer have true cost to them they're basically subsidizing the customer in order to basically destroy all the competition and create monopolies right going back to the especially accounts there are vast pools of capital that are algorithmically managed and so they save these companies that are going public as a way to put money to work even though it makes no rational sense now twenty five years ago companies to go public as a way to expand their would be a viable corporation you'd have to meet certain criteria to for being

a viable corporation and then you're allowed to go public now there are no such criteria so if you're a socially burning through cash and going bankrupt you're using the public marketplace to bail out a losing position so in effect you have taken the concept of a lottery ticket and you've turned that into a listed piece of paper on the new york stock exchange so there's no viable businesses here that are generating a viable business you know profits and earnings there simply hundred billion dollar lottery tickets ok so i'm going to compare this to the situation in italy italy has no viable economy partly because there is a monopoly on printing money for the euro that's the e.c.b. the e.c.b. has been locking in losses for pension funds and other passive investors across europe by basically buying up on their behalf bonds for the italian government at negative yields i.e. them and paying the italian governor.