eurocentric point of view has seen a lot of criticism lately now relevant as eurocentrism know it still being the idea that you know it's confronting so it's. close. some people come on down. they use indigenous people as you know we need that. baby in. the tree. most politicians say that's only.

out of a sudden a man just. told me there was a time. i said i when entering it in if they will not allow me. if they will shoot me. at all. indeed i'm not i'm not young menominee been thought to be have been going on it don't feel manana am i got a fight i made it ok i'm i mean you got me i use. i've been saying the numbers mean something they matter to us with over one trillion dollars in debt more than ten white collar crime stamping each day. eighty five percent of global wealth you longs to be ultra rich eight point six percent market saw thirty percent from one of your own. with four hundred to five hundred three

per second per second and 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 number you need to remember is one one business shows you can't afford to miss the one and only food but. it will make us manufacture consensus instead of public wealth. when the ruling class isn't project themselves. with the financial merry go round certainly the one percent. during the whole middle of the room signals. doing the rounds many more you don't need is really.

just. not. learning over nothing. welcome back to the kaiser report i'm max keyser time now to go to mitch firesign of plan imposing a dot com let's welcome great being here now want a name one of the newly discovered planets planet ponzi if you could by that you

can have a planet named after you can it is it a star or star only a star all right and then i think in my real estate on the moon sure any thought about naming a star or some real estate on the moon after your book i think that certain equities and certain bonds and certain real estate properties are priced as high as the yeah tell us about it like market looks like it's going higher and higher i mean what's happening it's all valuation if you can buy stock stocks back and pay yourself because illions you know borrow money from the fed for free or borrow money at zero interest rate zero interest rates and rebuy buyer shares back the shares go up and you get a gigantic bonus right so does that work it works until it doesn't so right you know like you saw netflix it recently had their earnings announcement and so the stock dropped sixty dollars in the second row you know that's a big problem if you have a big portfolio of something like that if you're prepared for that kind of wild ride volatility you know you buy a stock that has no free cash flow no earnings but the price keeps going up it's just for those who might not follow that exactly let's just walk through it

a little because it is interesting so i fear an executive at a company of options to buy that stock in the options are given to you for free and then you can borrow money from the fed first actually fray and buy back your own stock and then the stock price goes up and therefore your option to buy and then you cash out those options into the public marketplace and are just printing money for yourself billions and billions and you've won the lottery mate yeah that's exactly right so the way that it works the simplistic way to explain this is you get your pay is based on the stock performance so if the stock goes up you make more money so you don't care if you cannibal. future earnings you don't care if you cannibalize or fire the employees with you know with to make you what you want to do is try to make that share price go up by any means and buying stock back is the most certain way to do it ok now there's one part of that equation let's look at it mark lustily borrow money from the fed for near zero now interest rates are

creeping higher they're now at multi-year highs ten your eyes across the curve as it's called they're getting two percent three percent on various fixed income instruments is this a secular move up in rates or another head fake it's a head fake and it we're not anywhere near normalisation normalization is about six percent and we're far far from that we'll never get there low cut interest rates before we get even close to that because we're about to head into a recession if we're not in a recession now the other thing about you know that the share buybacks the biggest problem with that is you know what happens is that the stock prices keep going up up up and up but you know you're not going to have any kind of growth in terms of job creation or in terms of moving the company forward so basically it's going to atrophy and die and you have a lot of zombie companies that are being supported by these ultra low artificial interest rates corporate debt has never been higher there's never been more corporate debt issued now when people have to have. a resetting of like the loans

for all the real estate and property that we have out there these resets are coming due in the next three years low the corporate debt is rolling over i don't know who is going to buy it and i don't think that there's an infinite demand for this paper and the high yield paper especially you seen a great gap between where high yield paper is trading and regular paper and i think you're going to see people start to shun high yield which could be the beginning of the next crisis which what we're seeing in our emerging markets it could be the lynchpin you see in venezuela hyperinflation you see argentina defaulting on those fine hundred year bonds we. talked about and laughed and said anybody who buys there should be fired now they're going to the i.m.f. begging for money you know the whole davos thing was a total scam where the the person in charge of the let me jump in here said i if you talk a macro talk of global trump is now into his trade war is talking to china talking to russia so at the time walk us through how you see that playing out this trade

war those tariffs a lot of people were you know shrieking that this would be horrible so far it doesn't not look horrible looks like a smart thing to do in some quarters or what are your thoughts well look you have a lot of the globalists want one global government to rule everything and i'm not so sure that we're that far away from that right now i mean with what's going on with the european union i mean italy has four trillion dollars in debt that they can never repay and you've got a government that came in that said well what we're going to do is we're going to restructure that debt which that that's a signal that we're not going to pay that debt back if you look at target to where you look at the amount of withdrawals from the banking system in italy for the past three or four months it's alarmingly high so this indicates that first of all those banks in italy are insolvent they are stuffed to the gills with a worthless italian bonds that are backed by nothing but mario draggy or the european central banks promises ok so. who's going to be left holding the bag this time cyprus is the the model for sanction deposit confiscations that's why the

italians are pulling all their money out of the banks because they know that these bonds are going to fall eventually and what's going to happen cyprus being a bail in versus a bail. would be like in two thousand and eight where the government prints trillions of dollars and gets the banks to bail them out of bail in is when depositors' get their money ripped out these organizations what happened in cyprus so you're saying you know it only takes it they say anything over one hundred thousand euros you have on deposit we're keeping so if you have any that playing out in italy i see that playing out everywhere i think eventually when the banks fail next time in the united states as well i think that people are at risk because the f.d.i.c which is a federal insurance deposit corporation only has a minute fraction of what they're supposed to have i mean they could never never ever if there was a systemic banking failure honor the obligations they have to insure all the depositors funds the i.r.s.

recently got approval just within the last twenty four months to seize people's passports if they feel that they are in arrears on their taxes for as little as fifty thousand dollars and initially there was no action now in the last few months they've said they've seized or canceled almost three hundred fifty thousand american passports so is the i.r.s. now it would be similar to what you're saying they're simply seizing people's assets the debts are there as you point out the debts and never been higher the interest on the debt is now climbing all the accounting tricks been burnt out plan a ponzi and so now they're just outright taking stealing grabbing assaulting folks there's a couple things here like i say in my book don't take my word for anything i have in here ok i walk you through the numbers and i use the government's own data so by my by my calculations and by others calculations our debt the united states is probably somewhere around. two hundred fifty trillion dollars. off balance sheet

all this it no not just national no knock off balance sheet items not including off balance sheet items where i'm talking about social security medicare medicaid and a host of other entitlement programs that the government is legally but i'm not clued in their official in the twenty trillion or twenty one trillion that we have a lot of they don't include that's like saying what are your liabilities and you tell me what your liabilities and your assets are and you exclude the five million dollar mortgage you have on a property that's worth i know close of all the liabilities it's called legally binding obligations hundreds of something two hundred fifty trillion probably which is almost what three times or four times global g.d.p. so i mean this is a joy norma's amount so this is why interest rates if they go above four percent makes it technically impossible for the treasury to service the amount of debt that they have that's why i'm concerned about the rollover of corporate debt and high yield to coming due in the next two to three years ok so a plan a policy they drill are

a plan they drill for money by going debt and they gel negatively into negative interest rates that's that's the drilling that goes on plan a ponzi right which is another form of wealth confiscation rights i've asked three forms of confiscation we've identified the last few minutes number one would be this i.r.s. money grab number two bell ends by banks taking the positive cash number three negative interest rate correct so that there's a whole array of institutionalized money grabbing techniques that are now being rolled out globally and people of course are being disenfranchised as as you know san francisco is down need deep in human feces right because of the economy is gone bifurcated to the point of dysfunctional utterly and so is there any end to the drilling down into the plan a ponzi money grab by the corrupt government and banks well you know look if you see what's going on the most glaringly obvious problem we have is the. diversion

that we've got to for d.s. divert deflect deceive and deny they've got this whole thing with trump going on in the media. it's russia russia russia everything is russia russia russia there's no evidence there's nothing and what they do is just put this on the airwaves they don't tell everybody about the dire financial circumstances across the globe right now and we're about to fall off the end of the precipice and of course like they've done with everything else they'll blame that all it's going to be the pump be dumpy trumpy you know they pump the markets up people all the smart money is dumping all the equities at these prices and they're going to blame trump so pump you don't be trumpy is the place where buzzword of the day that's a good t. shirt and blue collar and ponzi humpty dumpty trumping mere you know i mean let me ask you a quick like thirty thousand feet looking down at the numbers does this or does it not make sense trump said in recently that he is concerned about funding made particularly with germany involved in nato and while they simultaneously a are

selling are getting gas from russia right the money is going to nato directly to russia but the purpose ostensibly for nato is to defend these european countries from russia that's the purpose and supposedly this is ak and a correct assessment i mean your money manager you're in big business finance well is that make sense tell us about it here's what i think about that look nato was a really good thing after post world war two when there were a lot of cold war tensions going on in the one nine hundred fifty s. one nine hundred sixty s. how much is the world changed since then and really you can push a button and the world do you really need to the military industrial complex is pulling all the strings in washington there is a deep state we've established that so this is what happens these guys want war war is big business look at boeing shares look at lockheed martin shares look at all those military industrial complex scares they've gone they've skyrocketed so these

guys want to keep themselves in like flynn so all right so in other words the nato is out. lived its purpose and i think it's got to be modernized and i remain and i know i don't because resources the i don't think america should be picking up ninety one percent of the tab especially with germany like laughing at it so you know germany's going to pick up some of the tab the other countries need to pick up some of the tab or mean that's only right i mean do you want your taxes to go to pick up your number i mean my thought is this that with trump in south korea and pulling troops out of south korea there's fifty eight thousand troops and germany that's part of nato and the whole mideast fandango right and he mentioned during a recent press conference after the summit that putin tromp we're deep into the israeli middle east equation so the trump looks on americans balance sheet you mention our he's dead and his fifty cents of every tax dollar going to the pentagon

and he says you know what i can cut that in half if i simply pull out of germany pull out of south korea and finally solve the middle east fandango i'm going to save one point five trillion dollars in a year right i mean and lose what i'm not going to lose anything the real problem max and nobody's focusing on this and people eventually pick up on it but china owns washington and china is the military threat china is the threat china is the threat to america russia's g.d.p. is under two trillion dollars or around two trillion dollars china is the biggest competitor from a military perspective in from a trade perspective the u.s. as that's what the focus on washington should be but china's not an idealogue i mean there it's all about cutting deals are not like you know. chairman mao anymore it's about making bucks i don't think china can be trusted at all and i think that there is a huge problem with china's economic data and the way that they've pumped up their economy with printed money we got to cut off their meds thanks so much for being on the kaiser report well thanks for having me and that's about it for this decision

of the cause report was made last kaiser say sam i just think it's firesign planet policy. that's where we all live if you only catch us on twitter it's kaiser report until next time. four men are sitting in a car when the fifth gets shot in the head. all four different versions of what. one of them is on the death row there's no way he could have done it there's no possible way because the owners did not shoot around a corner. everywhere in the world my guess is

that probably just about everywhere women expect men to make that first move and here we are in an age where men are scared to make the first move don't know how to make the first move don't know what's right to make the first move. a muscle. locus the. muscles has. nothing. to. do it a little bit. this is. the thing to do it is really nice for you.

well it's only about the looking out and couldn't. pull to one of the well cones will. cut. you loose. so what we've got to do is identify the threats that we have it's crazy for him to let it be an arms race move his arms off and spearing dramatic development only. i don't see how that will be successful very critical. in.

the. syrian president bashar assad the activist group the white house says that they will be wiped out like the terrorists if they refused to surrender. might interfere in the upcoming midterm elections his rivals the democrats rushing meddling remains a divisive an issue as ever. in six hundred migrants force their way into space storming through a border fence between the countries of so to.

us and joining us this hour the. syrian president bashar assad has issued an ultimatum to the activist group known as the white house. terrorists they are currently holed up in in the last rebel stronghold in syria which is surrounded by government forces. the fate of the white helmets will be the same is that any terrorist they have to pass on to lay down their arms and take advantage of the amnesty will be wiped out like other terrorists well the syrian president bashar al assad has reiterated his position on the white house it's being a controversial group now in the past he's regarded the white house mrs agents of western powers that have links to jihad is great for them he said that the world has been warned of the group's dangers this comes as the syrian government has condemned the evacuation of the white house minutes from the south of the country and damascus has described the move as a criminal operation by israel and its tools but the israel defense forces said

that they were acting on a request by the u.s. u.k. and other european nations as well but the evacuees were taken to jordan by the i.d.f. on washington's request and it's thought that the plan was to evacuate around eight hundred white helmets in the families but the number now seems to be about hoffa's that the number of them are expected to resettle in western countries such as canada germany and france tells a bit more about this evacuation was needed well at the moment the syrian army is currently advancing on one of the last rebel centers in syria but this side for a year is the white house myth groups have advertise themselves as a volunteer force and they get a huge funding from western countries and the groups also being praised by the west as well they've even received an offer for a documentary but the group's been repeatedly accused of cooperating closely with the hardest groups and effectively serving as that media branch as well stage and rescue operations the social media as well so that all this all adds up to the

controversy surrounding the great. so we're nor they would bring cameras explosives something to destroy for example this building here they'd find people in the streets and promised the money or food to say whatever they needed. to syrian first responders who risked their lives to say about theirs in war torn aleppo in the face of on relenting brutality heroes have emerged. whenever food aid was brought into the white helmets and the rebels would take it

all for themselves they give us nothing not even bread. they have all chosen to risk their lives to save others. when you see that when we go out to buy food we see them if there was a collapsed building after a shilling they've cordoned off the area and save rebel fighters or people they cared about they would leave the civilians same happened not far from here the building was destroyed in shelling and they came just to pull their own out as usual they left the civilians. we've been able to catch these brave people and their families out of syria after the extraordinary work they've done saving lives why how many people there how the rebels only did in save civilians the locals out for rebels.

alex speak now to ken stone he's from the how molten coalition to stop the war and he joins me on the line from ontario good to have you say ken the syrian president has warned the white helmets will be wiped out if they refused to surrender why do you think he's taking such a tough stance. i think that the that president assad is emphasize and that the in his view and in our view to the white house are not a humanitarian outfit they are not selfless volunteers and heroes who risk their lives to save syrian civilians in fact what they are is the propaganda arm the media arm of al qaida and syria and they they have done irrevocable damage to syria by creating videos which

are used as the pretext for military interventions by the west for example they created a false flag incident in duma in the legit chemical incident which the o p c w recently indicated it contained no nerve agent whatsoever but that was enough for the u.s. french and british missile strikes of april thirteenth of this year over one hundred missiles launched against syria so the white house mets are a very dangerous group they are not a humanitarian group they are a group that provides pretext for the west to military only intervene in syria and they can could continue to do so for some time so i think the patience of the syrian government has run out especially as the there was an israel was used to evacuate these people when they were cornered by the

syrian arab army which was liberating the province of their own tenure in canada a country which is directly funded the one helmets supported these really oppressed to evacuate them into jordan and itself or to the ground a southern tune as well in your opinion what is canada to gain from this. canada has nothing to gain from this whatsoever there is if canadians really knew who these white how much were they would be up in arms about them being resettled imagine terrorist stan brock to canada outcompeted terrorists being brought to account of them being resettled in canada it's shocking it's outrageous that but it does show what it does show is that it exposes how deeply involved the canadian six s. of canadian governments have been in the in the war for regime change in syria the canadian government has given almost eleven million dollars to the white house

that's it has given money to other terrorist outfits in syria it has get brought to the syrian rebels to tap into it has helped to organize back way back in twenty twelve and helped to organize the us coalition for regime change in syria so canada has been deeply and shockingly involved in this illegal regime change operation and that's the reason that the canadian government saw fit to salvage its white helmet assets from from syria by. bringing them to canada it's outrageous what about ten jimminy in france they've also agreed to accept what helmets activists have been evacuated do you think that they are aware who these people all that bringing in or not. i think most people are not aware we've been conducting a lot of. information campaigns about the white house and i know they've been doing

that in england as well and in europe but the governments of the west have conducted much more relentless and a comprehensive campaign to paint the white house as white knights as saviors as heroes of the media in the west has painted them as heroes they have won the they want an oscar in that flex film on the white house mrs won an oscar the new democratic party in canada nominated them for the nobel peace prize they the establishments all across the western world who have supported the regime change in syria have consistently painted these people as heroes and we are fighting an uphill battle to expose what they really are and that is to say an appendage of terrorists i can appreciate you coming on to speak to is my guest ken stone from the humble to the coalition to stop the war thank you. and

other news donald trump faces a major test of his presidency later this year with the midterm elections they wanted to see this being a vote of confidence for any administration killem open explains but it's republicans or democrats u.s. politicians seem to know in advance who is to blame if results though go their way with so much division on capitol hill the democrats and republicans have finally found something that they can agree on both parties now agree that the russians are coming more specifically they're coming to interfere in the twenty eight teen mid-term elections this is president trump i'm very concerned that russia will be fighting very hard to have an impact in the upcoming election. based on the fact that no president has been tougher on russia than me they will be pushing very hard for the democrats they definitely don't want trump and this is his old arch nemesis there are some checks experts and.