that have no marketable after a college value whatsoever like philosophy or. art school but they are willing to take on a million dollars in debt so that they can enter the workforce find themselves at the mercy of the government's military industrial complex that will say hey we figured out a way for you to pay off your debt become a drone operator and kill people remotely in villages across the world they're going to say this is quite multi-layered first of all we do need a dentist this guy mike maroon is an orthodontist doctors perhaps we need lawyers who knows we need plumbers we need electricians we need. people who can make our coffee for us we need these sort of people and we need to educate and train them right so there is a need for this but how we got about it in the most drange way possible we spent a lot of time just like i said about those squirrels they look really busy all day long running around trying hard to you know plant these little acorns that they

don't find lemurs to make a million dollars a month learn how to be a plumber not yet now they're actually making hard money cash and they have a savings account and they're buying the eighteen percent debt of the student loan repackaged in their make and big bucks mess and these ridiculous debt mongers in fact the u.s. government meaning the u.s. taxpayer backs almost all student loans and this happened under bush essentially during the financial crisis and banks and when all these bad debts and the subprime loans said and when the student debts the government took it on and of course what happened since the financial crisis is the debt to issue went up because the government is now backing the debt so everybody could take out unlimited amounts of debt this is something passed under then the collective stupidity in america keeps escalating yes even though we have paying millions and billions and hundreds of billions to. in debt

a whole generation of morons yes and of course many in our sort of a condom we value debt we think credit and debt are so they're like that amazing coren this school has found it so good he's going to go bury this and make sure he find it later well of course in twenty five years time when the student debts expire this guy mike munro he owes a million dollars because he only borrowed something like six hundred thousand dollars to go to u.s.c. dental school medical school than dental school and. it keeps he keeps keeps building because he doesn't even pay anything down towards the principal he doesn't even cover the interest on the debt so. by law he doesn't have to pay it after twenty five years it just basically expires so in twenty five years his debt will be two million dollars even though he's going to pay thirteen hundred dollars a month towards as ten percent of his income have his after tax income according to

the law here of year and you know if the government owns your debt essentially. in twenty five years time some taxpayers of the future will find his acorn which is this a pile of debt that expires or collectively stupid and then they're going to monetize by repackaging these stupid student debt bombs and then sell them into pension accounts suttle go to zero every time we say. i think of this viral video that's out there now the fluctuating kangaroo there are a few saying that but this kangaroo is flat is elating and then it waves away the with it waves it away and actually it was brought to my attention by a.p. reporter the in washington my only met only link to this flashlight and kangaroo so here's a guy who's in the press pool in the white house who has nothing better to do than to talk about hockey and flashlight in congress. should you be doing your job maybe in the white house and tell us what's going on he's actually the best one in the

way of the five million and how did this stupid program and policy of trying to recover from the financial crisis by pushing the american people essentially into indentured servitude they go for twenty five years this guy has to give ten percent of his income really a throwback to my man and i got into the press compelling as i'm ok with most of mr murray's debt came from grad plus a program created by congress in two thousand and five every moved loan limits and allowed grad students to borrow for any expense including rent and other living costs the law signed by president george w. bush was intended to ease student reliance on pride. banks which had more strict repayment plans this is the packaging that they sold it to the american people were just trying to help people in a private banks charge more if general walking you noticed that this is the opposite of the whole p.f. i have. is they say the private sector is more efficient the government can borrow

for a cheaper than the private sector but here they're saying the opposite they sold it just opposite sorry but anyway whereas jabberwacky have a method a new word called debt walker debt wacker it's. as dumb as a squirrel that's what i'll say instead what korean squirrel and fluctuating kangaroos and lee much more coming your way after the break don't go away.

welcome back to the kaiser report imax keyser time now to return to south africa speak with abraham cambridge of the sun exchange now after helping the company secure early financing several years ago i am now guys in this company the sun exchange and they're working with the united nations development program to trial a plan to monetize solar energy that's right solar money you might call it welcome back ever ham is going to be back i can mexico city so let's talk some exchanges currently as we mentioned working with the u.n. development program on a pilot program to bring seller to the university of moldova so how does a judge success in this case like what are they looking at abraham then looking at getting emerging markets particularly countries which are landlocked like moldova with energy natural resources other than some has been the goal is to enable these

countries to go so quickly and easily as he had in markets where so industry is still rather immature of the design is dangerous mission is to enable anyone to go solar could be in easily but we've also been working with the so when foundation since two thousand and fourteen so the electric chair group been issuing these so when bonuses to anyone who owns a soda bottle we thought it was an exchange so we can issue the sort of points to customers and they also range n.t.p. we're hoping you would be now want us to apply this to this model it's of moldova so you see moldova moldova has got a great demand for energy and without access to cheap whodunnit g.e. then development goals of it is one of the one of the key to the mechanism goals is to enable access to clean energy so you need to be but a very very strong interest in getting this model to be proven in eastern europe so success for them is to have this program for the whole of the eastern europe

potentially and the rest of the world i mean. some exchanges system to be is this is a global platform to enable who anyone who is only going to work anywhere else in the world and you would he be seated right for those just joining us you know we've been talking about this for a bit now so as you point out anybody anywhere can get involved the solar energy business and derive an income from the seller energy. and this solves problems in areas that have no access to energy because they do have access however to the sun and so this is really creating a whole new market now the efficiencies in this are quite remarkable because the efficiencies encrypt zero are phenomenal you can stand pennies around using the crypto network it doesn't really cost anything to send pennies and the cost of solar energy is plummeting and so all the components of this business model the raw materials the components the prices falling so this allows for that income to be

generated cyr capturing something from the sun the sun the god the apollo god apollo is you know one another thing i was thinking about this abraham i'm curious what your thoughts are people talk about universal basic income and you know if everybody had a wallet attached to the sun every want to get an income from the sun yeah that is it isn't such a good point i mean the point is that most people who woke today live in apartments or rented accommodation so even if they wanted to own a solar panel they come because they don't own a roof so the worsening change does need to anyone so now own a solar cell somewhere else on earth and we've broken down that ownership to a single so zone and you can lease now so big somewhere else in the planning and an income for twenty years for me so within a true cost of going so that we reduce by three orders of magnitude equals more

than ten thousand dollars to go solar. now people go so do it in increments of less than ten dollars and that's that's what we believe is that everyone should have the right to be able to access and hone his solar power and blow chain payments of a name about resolution and the speed in the transparency so this kind of business model to follow up on that point let's say hypothetically i am running the united states of america and i've got a multi-trillion dollar budget and i decide i'm going to allocate five hundred billion dollars to the solar income and i'm going to get open up wallets for everyone and beneath the poverty line i've now given some energy currency from the sun into the pockets of millions of people at a cost effective rate correct yeah i mean actually take three hundred fifty billion dollars to provide basic electricity access to every single person in africa and that's six hundred fifty million people who don't have access to power so. globally

three point four trillion dollars has been placed into clean energy today from institutions and individuals so the monies that we can sort of how the planning if we want to just lacked the platforms in the mechanism through which to do this and separate the process and but as fortunately we're just now come to fruition and while you've been growing your company china has basically driven the cost of solar down tremendously. can you give us some breakdown on the cost of setting up a solar operation let's say in mild or wherever yes so we're looking now at the installed price who was. below one dollar what we did who are looking now down to maybe around eighty cents a walk which is completely unprecedented now you can now completely unsubsidized the plant in a country with no tremendously brilliant sort of conditions and it's to be completely commercial commercially viable i mean the projects that we're hosting here in south africa we always talk around eleven percent are zero or ten to eleven

percent. our own projects such as the one this is about who are not open now and then as we would hope to achieve in a limited markets as are so so prices continue to come down to see the nova soda price the whole of the solar installation cost is coming down there are some aspects prices go up such as the actual labor and installation costs some of the coverage kaitlin those costs do come up so it's not a completely rosy picture for the whole isn't so sector but food should be the most expensive art in the solar panels that eight have continued to come down is as a kick in right now remember last year we were talking about the possibility of plugging a crypto miner into this that work for i think start going away we're talking about at the time where he could plug a start point end or a minor into what was happening on this platform and not only generate solar currency income but krypto mining income i don't know how far along we are in that

discussion but i'm hoping to revisit that sometime in the next few months because interest and start going to is picking up again i guess because we helped finance us back a year ago or so out there start showing so there's a lot of synergies now on your blog you recently pointed out that shining a profitable light on plastics on enter exchange announces an opportunity to earn from solar power south african plastics industry can expand on that yet plastics are a huge issue white i mean they literally plug clogging up our rivers and oceans but the beautiful thing about plastic is it doesn't actually last forever it can be reused so there are factories that manufacture plastic bottles and who are these factories capable of using one hundred percent recycled. p.c. the plastic i get that goes into making both of those so giddy thing that stopping this from a to b. simpler economy is the energy it takes to recycle those bosal so we decide. factory

computer nerd plastics they manufacture drinking boats who pose with detergents and they would have about fifty percent recycled plastics into that mix we're hoping that by shining a light on this this top it but we can and we encourage them their customers to demand one hundred percent recycled. plastics going into going down factory because they're really what we're trying to great we do believe in the triple bottom line social environmental and economic that's what all of us in exchange projects are about we believe it is possible to make money and do good same time there is no way it's not one of the other and in fact is going to be the on the other side you actually prefer to make more money by being more. environmentally conscious and i'm just connects conscientious capital to these projects right there it's a money maker to be environmentally conscious because you're taking all of the what corporations call the externalize costs and which is going into environmental

pollution and degradation and it turning it into a positive and constrain how is the south african government reacting to cryptocurrency and block chain innovation what's the regulatory framework like. the local municipality here's an argument very very post about sun exchange they're very supportive of what we're doing because it's about use case you know we're actually on utilising this technology for good we can even direct foreign investment into south africa providing energy instead of energy and would reduce energy cost to businesses only joining the economy upwards and braiding creating jobs in south africa for installing solar bombs we've created i don't know how many jobs with training people how to install the maintenance on the pumps this is happening so it's actually an amazing use case the government is capable and posted towards but what they are concerned about is that is some of these schemes and and period schemes they're always going to happen but not just encrypts a bit don't you know fashion money as well so those things people are going to have to keep an eye on but in terms of actually demonstrate to them what we've got at

least and what you can do as an extension. this is being looked at very favorably how about the tech talent in south africa have a rich source of local talent to draw from yes this is amazing i'm here and he's in cape town and here we've probably go three four different businesses including leighton lapsley who could write and and or did very small contracts in jo'burg where our tech team is based we have two three blokes in engine is up there now sorted into training our will is systems are smart on tracks and exploring and testing like being paid by the network painted rails to increase the frequency and reduce costs on the payments we're making so it's all happening down here it's a group great industry and it's driven by need and the opportunity that comes from that need and it is an amazing organization. who we think code which produces some of the brightest best talent in coaches and we've got to have one of the one

of the best students now working with us full time to be on track and it's just amazing to have such great resources available to us down here to her last talking to new owner as a trainer from south africa he's a south african and i sent him the press release about us becoming advisors to sonic stance he was very excited said he knew your company very well he suggested we all have a made up down to south africa he said he'd wear a speedo yes and this naked called and saying oh a bar i don't know that he's famous for that in south africa this is news to me as ran nooner actually famous for doing naked pole dancing in south africa do you have any insight into that i don't know i met rand we all option last year to raise money for one of our solo projects. so it was the future he came down to watch that he was wearing clothes. ok potable and it is winter right now so i. don't i wouldn't recommend budgie smugglers and i'm pretty wet at least. a bow he wore at

same time well fired up well let's say good bye for now thanks for being on the show abraham cameras from the sun exchange thanks very much well that's going to do it for this edition of the kaiser report with me max geyser and stacy herbert like to thank our guests abraham cambridge of the sun exchange if you want to raise us on twitter go to kaiser report and it's a life time. elite

. illiteracy i. told you.

headline stories. and energy supply. visits vienna on his first foreign trip since starting his fourth term as president . a war of annihilation new report from a leading rights group accuses the u.s. led coalition of potentially breaking international law as a bottle to liberate the syrian city of rock from last year however a spokesman for the u.s. led coalition in the region strongly me. also ahead america's ambassador to israel. diplomatic feedback to journalists covering the i.d.f. use of extreme force against palestinian protesters.

across the world are run the clock is r.t. international from the team and myself you know neil welcome to the program our top story love him or putin said russia will work to strengthen ties with austria in spite of e.u. sanctions. the russian leader visited vienna on tuesday on his first international trip since starting his fourth term as president with the details. it's been an incredibly busy hectic day for vladimir putin between all the talks

negotiations conferences and press conferences they talked about a whole hoost of issues and themes that have worried russia and austria of course one of them being sanctions. any politically motivated restrictions of protectionism these tools for resolving political issues are in the end useless in achieving the ultimate goal they're damaging for both sides and i think everyone's interest in lifting the sanctions russia are included we realize it is difficult for individual countries to voice and you know the reasons why however this doesn't stop us from developing ties with austria it can indeed be difficult to voice an independent position in europe on the sanctions against russia for a variety of reasons one of them being that the united states has kept up pressure in european states to keep the sanctions up another reason might be going against the flow of europe has established position in the austrian chancellor himself said

that as his country assumes chairmanship of the council of europe that he won't rebel and lift sanctions against russia but he did admit that these are tough times in austria would do what it could to defuse the situation and he's being backed by other new european leaders my pin. we will support opening up to russia which has consolidated. which has consolidated its international role in various political crises in recent years we will push for a review of the sanction system starting with those that risk punishing the russian civil society. another reason for this newfound eagerness to make up with russia could be the fraying relationship with the united states the

unpredictability of donald trump washington has slapped new tariffs on european companies on european goods and that has incensed leaders all over the continent so making up with russia could be not only of political but also of financial sense take for example liquefied natural gas that the united states has been thrusting on europe that doesn't make much financial sense says the austrian president blitzed it recently there's been some let's call it reproach on the part of some american politicians who suggested the use to dependent on russian gas but the fact that's been overlooked is that american liquid gas if i'm not mistaken is two not three times more expensive than russian gas so it makes little sense from purely economic perspective to replace russian gas with american liquid gas to be blunt there shouldn't be any expectation of sanctions against russia being lifted in the

anytime soon overnight or in the foreseeable future but what we heard today as well in the in the weeks preceding this this meeting with these meetings is that the currents in europe shifting. political analyst giuliano before k. thinks economic benefit should weigh political motives. you mentioned all you have to do when you're in this section of the last an exposure to russian pre-buy sound you're going to be that you through their economic crisis. or the russians could be an important market we can restore the. trade agreements. in this we can he shows that we can overcome all the problems. you're going to hear when you are against you know this these and they cannot understand the. economics for the g. . but this is the right model for. france to work. with

many countries in europe. the spokesperson for the u.s. led coalition in syria states that are correct numbers of civilians killed in iraq will never be known this comes after on the c. international accuse the u.s. led coalition of committing potential war crimes during last year's operation to liberate the syrian city of iraq from islamic state the humanitarian organization sees there is strong evidence that american and its partners used indiscriminate and disproportionate force and that the impact of catastrophic from other c.h. or. this international report dubbed war of the hill lation devastating tolls on civilians in iraq to syria is a very highly critical analysis of the airstrikes that were carried out by the u.s. led coalition that involved britain and france on the city of raka from june to october twenty seventeen in their fight against isis and this amnesty international

report talks of decimated families and neighborhoods says that not enough was done to protect civilians and that some of the attacks resulted in violation of international humanitarian law and indeed talks of potential war crimes as a result of the these strikes the report finds that hundreds of people died and thousands were injured despite the coalition saying they did everything they could to minimize casualties. we did everything we could in our intelligence assessment in our planning to minimize to the maximum degree possible any chance of civilian casualties the coalition's claims that it's precision air campaigns allowed to bump islamic state out of iraq while causing very few civilian casualties do not stand up to scrutiny on the ground in iraq we witnessed a level of destruction comparable to anything we've seen in decades of covering the impact of wars you know when you're fighting an enemy. uses noncombat

as collateral damage you know it's very difficult when the when you fight it we like that too to completely avoid. any casualties of war like that but i can tell you we have a process that we go through. this to minimize you know civilian casualties at all costs well amnesty international interviewed one hundred twelve civilians in as many as forty two locations of airstrikes for this report and some of their focus was specifically on four families who had lost very big numbers of family members in these airstrikes they look at one family that lost as many as eight members and one airstrike another lost sixteen another family lost eighteen and a fourth family that lost as many as thirty nine people in those airstrikes and of course while we know the coalition says that in this case as others they did all they can to minimize casualties and in these kinds of scenarios according to them

this is inevitable according to amnesty international that is just not good enough and they have called for investigations and justice for the victims of those strikes it just going back r.t. was in syria while the u.s. led campaign to liberate iraq was ongoing and these are some of the reports filed by our correspondent on the extent of the devastation. residents were affected by the bottle. the u.n. estimates that's an average of twenty seven people are being killed in iraq every day nothing is left in iraq except for destruction because of the coalition and deisel but the strength of the coalition will worsen some villages were wiped out some neighborhoods were demolished in all likelihood more than eighty people civilians were killed in to us strikes near the syrian city of braca many have been killed among the my cousin died in iraq in an astronaut the massacres in iraq are committed by isis and the coalition warplanes together what can i say the streets

are full of dead bodies. moving on now as i prayed continues over israel's use of lethal force against protesters in the u.s. is remaining on wavering in its support for its middle eastern ally most recently washington's ambassador in jerusalem despite some less than diplomatic advice to journalists covering the rallies in which since march at least one hundred twenty palestinians have been killed. well the american ambassador to israel david friedman has attacked the media for what he says is failing to faily cover the recent protests along the israel gaza border he said that when you have a situation.