in health care costs before they pass away to injured eighty thousand a day at a time medic medicare medicare covers a lot more but you will need to if you have any money if you're not on medicaid if you're not and you don't qualify for medicaid and that's for poor people you will have to come up with two inch an eighty thousand dollars so this is something to also keep in mind when you hear those numbers about oh my god the average american the baby boomer entering retirement only has like fifty thousand dollars in savings probably because they start to think well if you have three hundred thousand dollars in savings well two hundred eighty thousand going to the doctor so you might as well just apply for medicaid you might as well just be spend all that too and in a thousand get be poor enough to get medicaid and medicaid will cover everything so the way to make a billion dollars obviously would be to say take the toss which is the swiss suicide clinic and franchises available all across america so that in towns and amulets from coast to coast they can toss which is an established suicide clinic

can take patients who can no longer afford health care in america and go quietly into the long night this is a huge billion dollar play and i don't see why not it's well on is if the government is not asking people to commit suicide size of suicide rates in america are not already skyrocketing why are they going up so fast is because people realize that the government's trying to kill me so why not just make money on it and get the mic suicide you know mcdonald's to get in to get me in a coke fries and kill me you know for ninety nine you know why not jeff bezos could have a suicide drone come to your own and shoot you dead for like twelve bucks right i mean i'll deliver that why not there was a moment when stephen fry of course who is a famous british comedian lives in britain so has the free healthcare system there no no cost at at point of use where he did a cross-country trip in america and he ended in new york city and he interviewed this taxi driver while he was in a yellow cab in the back and he happened to go. to the point where he asked the guy

when you know what when he planned to retire and the guy said retire i can't afford to retire my retirement plan is a bullish to the head of the sr singing the star-spangled banner i view it as the way to go is the american way. healthcare so. another remarkable statistic here is out of pocket health care costs for americans on medicare it up forty one percent of the average social security income in two thousand and thirteen the nonprofit kaiser family foundation no relation to this max keiser those costs are expected to rise to fifty percent of the average social security income by twenty thirty that found i just love these stories because to me like having lived in europe for twenty years and seeing that there's actually erick is basically a loop doctor see it's run by looters by looters for looters and everyone down the on the latter is equally looting in their own regard in the case of health care because the patients are right there look there's no reason why any of these health insurance companies would start just harvesting people's kidneys for five dollars

if they damn sure that's coming to you like here's a loop on for a five dollars off on your next kidney removal that we need to pay the bill that we just sent you for no reason to geithner sent you a kidney you know coupon to get five dollars off your next kidney removed normally it like a different model that offers more benefits and like a better system like normally like you know if you're american travels to europe like we did and we live there we see that the health care system there is way better not even just like a little bit better it just is so much less stressful so much less bureaucratic so much easier to think about it and you don't think about it it's easy it's just that simple things like utilities watering down sidewalks writer yet you don't think about it and then you come here and it's so time consuming so thick with paperwork and just insanity and overpriced right so it makes better sense as here on the.

good geo political geo economic scale here's a quote from an unnamed ambassador who wanted to remain anonymous a diplomat from one of these latin american countries who of course did not want to be killed by the emperor for saying such a thing but he says or she says quote you left some space i did and the other guy moved in a latin american diplomat told mcclatchy speaking anonymously so he could more freely discuss the relationship of the united states and china quote the reason will work first with the people who bring the money show me the money and who and i'll deliver right at the top a show is about peace and love and america equates war and nature with love america kills people for love and then china is building infrastructure for people for love there's a big difference and other infrastructure for love built and have their heads blown off by america for love built i'm thinking about it i think you know you can look back for the last two three thousand years and one can see that empires only an empire can act violently only they can act with hubris only they can shoot you in

the head and take your money and leave because they're the ones that are always exceptional and they're the ones with the shining like city on the hill they're the only ones always allowed to do it that's rome or spain or britain or the united states the where the only ones that can get away with it right now so china doesn't have that option if they went in and threatened these nations it would be un would meet and be like how can china threat in el salvador we can't they can't do it so they have to go with money but this money that they're going in with is america's money that they gave china when they shop at china while more. think about that for a second china is using your money anyway we got to take a break and when we come back there's going to be a whole lot more don't go away. in

twenty forty you know bloody revolution of you tube clip the demonstrations going from being relatively peaceful political protests to be creasing the violent revolution is always spontaneous or is it your style or here i mean your list book that you would put him in the new bill is that i'm spoiling you to the former ukrainian president recalls the events of twenty fourteen. those who took part in this today over five billion dollars to assist ukraine in these and other goals that will ensure a secure and prosperous and democratic. it's become an international norm to say women's rights to human rights but in a world where women make up the majority of university graduates this may not be

true how much more women's empowerment needs to happen before gender based policies become redundant. when you. look at that is the one who was in a book called a bad. chest

in scores of states about singing i mean there's. just a little. i've been saying the numbers mean something they matter you have over one trillion dollars in debt more than ten white collar crimes happened. eighty five percent of global wealth if you want to be ultra rich eight point six percent market saw thirty percent rise last year some with four hundred to five hundred three per second per second and bitcoin roast of 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 business show you can afford to miss the one and only boom but . it's hard to imagine the decades after the war a nazi don't tell was still active and rich in the nineteen seventies great intel had as the chair of its board a man convicted of mass murder and slavery at ashwood it's a german company telling develops in the demise of drugs it was promoted as completely safe even during pregnancy and it turned out to have terrible side effects. what has happened to my baby is anything paul you know she said east just cut short arms minix a little mind victims i have to this day received no compensation they never apologized for the suffering that not only want the money i want the revenge.

welcome back to the kaiser report i'm max kaiser. dominates honest of warbly dot iowa were fantastic and blog chain meet dominic welcome thank you thanks for having me max what is warbling so we're billy's a compliant. financial services block chain really at its core compliant meaning we're bringing in the mail k y c verification for users you know i look very heavy as if you are your undergone some stress is this i see this crypto market and is it as a tough to keep stay in the game is day well we're not we're not trading yet so we're still in the you know development stage show or launching our network on

november first so we don't have to worry about the bear market too much we're privately funded just just building out the network and getting our user account ready ok so my understanding of warbly is that you are trying to solve the problem of the fact that the user interface for crypt i was terrible you know i'm thinking back in the ninety's back in the ninety's the internet was hard to navigate and then in one thousand nine hundred seven netscape went public i think was ninety seven and suddenly had the browser and that was really the beginning of the internet boom as we know it because it suddenly was easy for people to get on with it encrypt out because it's not easy at all to get into this space it's pretty difficult so is this my right is that part of what you're trying to do is to make it more user friendly absolutely we see it as you know when we're planing krypto right now to a friend or family member and trying to get engaged it's it's kind of a manual process at this point you know you have to sit down with them or get on

the phone and talk about wallets and private keys and we're just thinking that we don't see how that scales but we want to preserve the sort of core of the. use of crypto currency the transparency and all those things that come with it so we think that we're taking like an intermediary step right so i know in the case of us these are in of a very difficult very popular crypto out there and many still don't know how to vote for a block producer like fish rock for example is one that stacey and max are involved with and what it will your thoughts on this in terms of. put in these terms you know steve jobs and wozniak or were a pair and was was kind of the tech guy and steve jobs got a marketing guy you know he wrote a code of his life. so you know we lack a steve jobs and i look at the landscape and crypto for example there's

a how old is this company. about nine months so we started january and so when you say your finances are funded you're funded what's the headcount there well interestingly it's not that i we have about thirty people on the team they worry about project. everywhere everywhere so i mean here we have people in new york west coast london hong kong australia just to engage in any jurisdiction shopping in other words a lot of crypto companies like you know why we got to be in switzerland we've got to be in malta we've got to be in this country because that's where they like that's what they want us they want to see they want us there are you looking at that in those terms absolutely so when they find we're forming a foundation now we're going to use singapore we think it was kind of singapore or bermuda we picked singapore because of the frantic you know them a sense that based of a lot of developers are developers at some point they were holding companies hostage they were saying like we're developer are you need to pay us a lot of money and the market was very tight is that still the case or because of

the crashing crypto is the price for developing coming down i think we've been fortunate that a lot of people who are block chain and the kind of evangelists and innovator. years see the need for what we're doing so we've had developers who are willing to work for our token at this stage yeah by you know what i found is that developers are really nice for a while until they're not and then suddenly they're like you know what they all day i have a case you're attacked and i'm you give me a lot of money or i'm going to blow down you know they're they're not credit they're not a credible people for them and what i found for the most part they're kind of scoundrels have you found out the beach or not yeah i hope i don't have to find that he was you know as a college friend of mine so i've known him for over twenty years and you're connected to a house in some way yes so i was part of the team that helped develop one of the first or the first iteration of the work proposal system and we just put out our sort of bid to the community is if they like what we did worked with thomas cox on

that and some other folks in the community for the last six months ok i was out there competing with a ferry am and card on a platform coins like why do you like else if you like a also versus all those other coins ever thought on that yes so we looked at a lot of block chains sort of the idea was right we wanted to bring financial services to the watching what watching should we use and that was kind of a january february experience and ios first and foremost the transaction speeds think everybody understands that fastest in the industry right now as far as i know are close to but account recovery is critical meaning this this way in which ios has a billet e for me to designate max max as my good friend i trust you if i lose my private keys i can call up max and there's a process and a procedure to recover that with a sort of a real life person like a trustee and then larimer is a smart guy you know he's behind you know what is behind. behind another want bit

cheers bit shares and this kind of this kind of this idea of concentration in the network as one where they call in they say was distributed but you know a lot of miners are kind of dumb. natan in asia and is it as distributed as we really want to be distributed and so you know he seems to be distressed that with us was his designated black shane producer to go door to door for state delegate a proof of stake i should know because i'm involved in one of these things so so that's been up and running for a while what's the verdict so far i think it's fairly distributed as far as if you're looking at things like geography would be the example and delegate a proof of stake like are we representative of global regions but there are some issues and i don't think anybody would lie that in the voting there's probably some bloc producers who the community. you know who are kind of just backed by some wells and have a lot of votes and maybe aren't great i've heard that one of the bloc producers

who's typically in the top five in standings is extremely slow and fairly technically behind the scenes some of that because early days a little bit of friction there pushback in terms of maybe some political shenanigans going on a bit but the idea is that if you have i think a twenty one block radius around the main group and then there's voting is continuous and so there's a site this continuous kind of like rolling democratic process that is trying to weed out the weekends yeah and it seems i've done that so far thinking i think that the twenty one black race or same as a whole to be fairly robust i agree and they're down to almost fifty paid positions now so in the back up. there is that. my point is that this is a community that is very much. so

there are those who are. in the him around. and how they. look. for the little guy. the one out of the money i don't know about. something that really. makes you need your. own company. out of a shuffle. there and you'll get a little warmth and you know. there's a lot of the.

islamic state and a sunny terrorist group claim an attack on a military parade in iraq killing at least twenty eight people as the country marks the anniversary of its war with iraq. the u.s. state department accuses the syrian government and its allies of assisting terrorists in the country we examine whether the claims correspond with the reality on the ground. collision course ahead.