in latin america we get into spanish i think you mean hey suits correct well you know jesus i think of the big lebowski. all guys think of just the bass on a character in the film you know that is jesus that's the jesus i pray to i hear actually they're coming out with another big lebowski that maybe there's a rumor or it might be just be a super bowl of course latin america should be a little bit concerned at the moment because you know there was a long wave of about twenty years where the u.s. kind of was distracted by the middle east and all of our wars there syria iraq afghanistan all of those wars over there somalia we still have some intervention there and. you know there were actually some concern trolls in the us mainstream media in the likes of washington attention to latin america but it looks like we're now getting ready to pay some attention to latin america i mean it could be because of china you know china has been doing a lot

a lot of deals no questions asked they just want trade remember this is what the founding fathers had always said is like trade with all nations for entangling alliances with none that's the way china does their whole trade deal policies but is the global economy going to tumble this is the question that everybody's been asking because the real part of the global economy is china because that's where everything is made and here's a tweet china imports crashing cap econ china doesn't rule out rule out a sharper than anticipated slowdown in china's economy total imports down eight percent year on year in u.s. dollar terms it's looking like they're importing less it could be they're making more of course china is very opaque in terms of can't see what's in there no i think the word on the street is that the china economy is imploding you know our sources that have been there for years scattered out quickly once it became obvious that this huge credit bubble was imploding and so this is going to be an

interesting situation because the. population there is going to be faced with a situation where they had capitalism on the way up but totalitarianism on the way down and they might not might not work for them but of course remember over the last twenty years while we've been focused on the middle east and fighting al qaeda and isis what did we as a nation do we said well al qaeda and isis chop off people's heads they kill family members of people they don't like all these horrible stuff they do so we have to start doing that we have to start torturing and we have to give up our principles and we have to start doing that so if if we see now china is. primary in a competitor do we start doing this of like we need social credit score is we need to start having forced consumption by our citizens that's the only way for us to compete i think that's correct and we already see evidence of that in terms of the

social credit score you know kind of came about in its origin in the u.s. the way moody's and s. and p. scores credit and therefore that adjust interest rates accordingly and you have the influence of the economy so china just adopted that to the individual based on their social media interaction and they can have access to transportation or not that is becoming more of a factor now that the economy is contracting so in the u.s. now that the economy is also contracting you could say the u.s. in order to guarantee a band by the population will engage in soft totalitarianism and that's clearly on the march and the population is ready for it you know they wear those hats and say obey now they're getting ready for they're getting ready to be controlled i want to turn to a tweet here from neera tanden and she is the president of the center for american progress this is basically a democratic party sort of think tank and the centrist democratic party and it

appears they prefer a one party state similar to what china has that you don't you could mean oh you only could have a fake faute we don't want real competition we don't want political ideas actually have to be debated and proven and like persuade the voter to vote for your policies because well neera tanden and her think tank which is financed by the way by several absolute monarchies including cutter u.a.e. saudi arabia so they're there apparently these absolute monarchies are very concerned about us having some progress and democracy here but then id projects the . help destroy democracy are disgusting if he enters the race howard schultz i will start a starbucks boycott because i'm not giving a penny that well end up in the election coffers of a guy who will help trump when she was responding to a tweet from isaac devor a who says news former starbucks c.e.o.

howard schultz says in a sixty minutes interview airing tomorrow that he's getting close to a self funded independent presidential run which is freaking out democrats who think he'll deliver the election to trump right well when you have a population that is beholden to the consumer companies and the food companies is very difficulty of actually to engage in a boycott starbucks is at the moment independent they will probably be own by one of the five or six major food companies in the world like a nestle's are one of the other majors and the point being that you cannot escape the matrix of consumer driven algorithmically driven behavioral economics driven consumption that is tied to your credit score and tied to your own individual because delos and fallibilities that are exploited by the to tell tarion is a most social media you are a slave you are a prisoner to say you're going to boycott starbucks of does billionaire gets into the race is like saying something akin to i've got towed jam and dandruff and.

it's complete non sequitur nobody cares you're a moron please go away but the democrats hate democracy more than the other one party allowed in this country because how much did they hate who's that consumer affairs guy ralph nader ralph nader how much do they hate ralph nader how much do they hate jill stein they're obsessed with jill stein they hate bernie sanders and they call all those women who like bernie sanders they call all those african americans who disproportionately favor bernie sanders as a candidate for two thousand and twenty they call them bernie bros they dismiss them as. bernie bros they try to dehumanised them they hate that so much because their preferred corporate candidates the ones that lockheed martin and raytheon will get behind when they go on to m s n b c because remember lockheed martin and

raytheon financed m s m b c they want a candidate like hillary clinton who when we invaded and then basically publicly raped kadafi in libya and now we have open air prisons their member hillary clinton laughed maniacally and said we came we saw he died cattle cattle cackle cattle cattle kamali harris who neera tanden favors she was a prosecutor in san francisco we now have video emerging of her equally cackling with delight that she used her powers with her badge she talked about her badge and she went after these poor families mostly african-americans because if their child was truant she gave them their parents who are probably working two or three or four jobs and order to afford obama care and housing in this country and she went after them gave them a criminal record and she thought that was a brilliant idea has she was like loving it here and lynn like you know cackling at

her power to destroy people's lives but this is what you know champagne liberalism ok because it's easy to boycott a starbucks relative to boycotting a tomahawk missile right boycotting it's ahmad muscle when main voting out the party's support war on terror and that would mean seriously getting involved in a political campaign and taking actual risk but by saying were champagne liberal will i'm going to have a less starbucks and take this way quote unquote doing something they feel good about themselves as virtuous signaling but the political impact is a great big giant zero that is a big huge problem that the democrats refuse to allow their ideas. to be challenge to challenging their ideas is considered something that they're against we were also against electoral college now as well all of the things brought in in our founding days and ordered to basically prevent the tyranny of huge cities on the on

the coastal cities so they're against these things and here we have kemal a harris who is african-american well she's part and she's part black and if you look at the polls done on the candidates so far for the democrats and there are quite a few hillary says she might still she's open to running but african-american support is largely for joe biden and bernie sanders not for harris probably because of her house she took such joy out of incarcerating so many people in california where by the way you know it's part of this prison industrial racket her e-mails also show that she actually considered that when there was a amnesty for people who were on a short prison terms for nonviolent offenses she at her office actually complained that this would reduce their availability of low cost labor and by the way her or she her office. when investigating one west which steve minucci and ran they found

her office said we found at least a thousand violations of federal law and state law and their mortgage originations she refused to prosecute steve mission and one west bank so it's interesting what you're bringing up there because you're saying that in the democratic side there's an intolerance of diversity of opinion yes but yet when they go into these elections they are unable to focus on a set of issues that would give them coherence they tend to split their ideology across several different campaigns and they get lost whereas on the other side the republicans are actually more pro diverse opinion but they tend to rally around ideas that they instinctively know are winners economic ideas they're very focused on their economic ideas hillary clinton said any basically questioning of kemal harris is sexist so you can't question the fact of why she lets the you can't

question the fact of why she was concerned about letting you know essentially low cost almost slaves or the shattering may bobs of negativism as spiro agnew called them when he was vice president under richard nixon and they simply can't get their act together because they're constantly trying to bring out moral virtue or virtue signal the other person the republicans on the other hand just instinctively know it's just about getting the votes for the electoral college votes and that makes us powerful and that's what we want and that's what'll happen again in two thousand and twenty and tends to be the arc of history exactly so they want to remove anything so the electoral college they hillary clinton failed to think about that strategize according to that and so she wants to get rid of it here she was like she ran on a campaign of i'm a woman like i'm with her you know and people rejected her economic ideas and so they just want to remove not anybody with. an economic idea well the democrats

are in secure you know so they don't know what they stand for the republicans are rich they're secure they know what they stand for well we're going to take a bit of a break right now and when we come back much more coming your way i'm trying to rob the clock here so don't go away on keyser report for you know you. join me every thursday on the alex simon short and i'll be speaking to guest of the world of politics or business i'm show business i'll see you then. this is a sticker from the water bottle found in the stomach of the fish the brand is part

of the coca-cola company which sells millions of bottles of soda every day the idea was that let's tell consumers there are the bad ones there are the litter bugs are throwing this away industry should be blamed for all of this waste the company has promised to reuse the plastic. on the. t.v. but for now the mountains of moist only grow.

welcome back to the cause or a part time now to turn to oh my god oh man is this for real too long since we've had this gentleman and he's a voiceover artist a comedian a pod cast host a journalist author the want to only dominic frisby dominic welcome back to. thanks very much man it's been too long so you are a gold guy you're also a bit but coin guy era funny guy tell us why gold the thought about gold why is gold looking so good at twenty nine thousand dominic friends they often the reason . is afterwards do you know what i mean you sort of go goes up and then anyone attaches a narrative to it off to its but i say gold is pretty good at the moment for percent through reasons. one of them is just the fact that he's been in a bad market for so long as and gone anywhere and so we've had a sort of one hundred hundred forty don't irani of something from about eleven

sixty to around thirty hundred dollars a month now and so it's just some kind of ronnie's long i've had you there's so many problems you know the stock markets look a bit jittery in the last quarter of last year and you know when you get when when she put your money at the moment and i think gold's a beneficiary of that that problem yeah i imagine that markets can sometimes take up when nobody is looking and typically that happens. quite often and that's what generates a bull market in the sort of great go to market the end in september twentieth levante in you know i was one of these big big believers that that the u.s. dollars days were numbered and fiat's money was going to collapse and all those sort of stories and i just go gold you know you sort of god it's almost like a religious belief in gold and that kind of religious anti fi at money belief is sort of gone into bitcoin and because it had its kind of speculative mania last year and it's now in this sort of ban market period of consolidation whatever you

want to call it and i still am of the a mind that at some point you know gold is going to go to the moon and when i say that when i may say the moon i'm talking about you know silly numbers five thousand dollars ten thousand dollars you know so the u.s. can pay off its debt with its gold as it could in one thousand eight. when it reached that extreme i'm just i'm not quite sure this is that rally i just sort of think it's a sort of a healthy little boom market if you like gardening is the sort of the monster and game fi at money rally a imagine in there you know that the u.s. empire fading they're opposing more sanctions on more nations and i weaponize in the swift system as part of that imagine because they're more of a bull story is a bit quiet possibly as it's rising as a means of global trade to settle in what's your thought on that i was looking at this scale ability of bitcoin the other day and comparing it to the scale ability

of national currencies and the sheer fact that you know a national currency is limited by its borders. and i've sort of come up with this idea that national currencies aren't necessarily going to collapse but in the same way that the digital economy just grew so much bigger than the analog economy and by that i mean companies like facebook and google and apple and amazon all these companies eclipsed you know wal-mart or you know netflix eclipses disney in terms of market cap and projected future growth and all that kind of thing and it's because digital is so much more scalable so for example i just need to make one app and upload that to the internet and that can be downloaded a million or a billion times but i many actually built one app where is something like you know if i invent a great car i still got all the logistical problems of building

a gazillion koch you know copies of that car and shipping them and building the factories and doing all of those things so this is scale ability with digital technology that doesn't exist in the sort of analog world and if you transfer that to bitcoin where the immense scale ability comes in is in this still huge population in the of the globe to. three billion people almost half the world's population still that is still on banked they still do not have access to basic banking but these guys are all now getting their first smart phone i think by the it twenty twenty one sony ericsson has projected that six billion of the world's seven billion people will have a smart phone. and the way they're going to get financial inclusion bizarrely is not through their system of banking it's through the internet and through the technology in four g. and eventually five g. and bizarrely it's so much easier for these people to start participating in the digital economy using crypto currencies and all this kind of thing than it is

through traditional banking i think that's where the growth is just there's so much more scale ability in borderless currency and digital borderless internet money that that's where it's not necessarily that the dollar all the euro whatever is going to die is just these ones are just going to be so much bigger it's going to be like the comparisons between you know richard ish no you know between a facebook and have an old newspaper from the one nine hundred ninety s. right well where you say that already isn't africa. and kenya botswana and others are already late frogging and say the mobile payments and digital currency world trip across the world and that's as in the spring a great boom there in the u.s. and u.k. they haven't tranced a legacy system and they're probably last likely to go down that path too rapidly because they're protecting the old guard but the genie is out of the bottle and it is challenged a mail system twenty seventeen was a speculative mania you know is

a proper old school speculative bubble but the thing about all bubbles is there's an underlying truth to them now the big question for me is was twenty seventeen because dot com two thousand moment or was it a sort of mini speculative mania you know was it dot com in one nine hundred ninety five. something and we still got the big dot com mania to come you know that's certainly going to be a big. change gears for a second the waffen n.q. gap has soared all over the world and to make any connection with their to figure out money if i may make that broad general statement can you comment on that i make a lot of connection between. inequality and fear money i also make a great deal of connection between inequality and our systems of tax now what happens in ordinary work who is the person that's being left behind in this

inequality thing has his labor taxed very heavily he's constantly taxed thirty forty percent of of his of of the value of his labor and the payment that he receives for his labor is not only heavily taxed by income taxes it's heavily taxed by inflation in he's receiving payment in money that loses its purchasing power every year but at the same time the guy who maybe you know the super rich of the world don't rely on income for their wealth they rely on capital growth in and the asset appreciation and all these kinds of things now most of these. assets go untaxed unless you sell and so most avoid. selling where they can and even if they do sell is just a one off tax capital gains tax or they'll try and sell it in a jurisdiction where there is no capital gains tax so the taxation system itself creates any quality and until they address the fact that we tax labor so heavily we

tax income so heavily and we don't attract tax capital that inequality gap is just going to continue to grow while it is a bit of a. conspiracy in the truest sense of the word and that. the folks who are supposed to be lobbying on. baffled labor don't exist anymore banks love to get all the fees that comes with this monopoly pricing ability and people using fear money end up getting the short end of the stick and again big coin as you alluded to gives people a path out of this incredible injustice that is both in the fia money and the taxation system i want to ask you and follow up on a question i've been thinking your brain about for a number of years and that is scottish independence or at least you saw the opportunity that the more of a swiss or liechtenstein sort of powerful small economy at one point certainly with the u.k. i guess i guess we could say is in

a period of flux at the moment do you still think it's a good idea in a disastrous brags that situation or how do you what's your current thinking on this dominic. well you know i don't see eye to eye on bracks it i think rex is a fantastic opportunity for britain it was a great big vote and it showed the incompetence of our political class the inefficiencies of our political system and i think it's it's and again we're almost world leaders because i think the nation state model is dying and when the nation state dies so will their currencies die as well i appreciate what you're saying there in the gast song going to go with your point of view on this but i want to dig down a little bit into scotland and northern ireland because in the case of scotland that they were going to maybe do a referendum are they going to revisit that i mean and do they have the potential

to be a little mini. lichtenstein and in the case of northern ireland one of the options being discussed is that they reunite with the republic of ireland as a way to get the benefits of being in a it again this would be kind of a blow to the united kingdom as such domenech the united kingdom was always a fairly artificial model and it was being a champion of what was called the anglo-saxon hat which existed before were invaded by william the conqueror and so we had the kingdom of wessex we had cool the kingdom of kent the kingdom of monsieur and so on and i think we could go back to i mean if you win here in the u.k. now london it's a different world to the rest of the u.k. and it should almost just be london should separate but in the case of scotland you know they voted to remain part of the united kingdom fairly convincingly in the end i think it was was it fifty six forty four was it i can't remember the exact number

but having said that the scots were very much in favor of remaining part of the european union so if you know. the u.k. leaves the european union and scotland is presented with the opportunity to join the european union independent from the rest of the u.k. you know he you know there's all sorts of procedures the would that would have to be gone through for them to be given that vote but it might be that the vote went a different way if they were presented with that option. i would certainly encourage them to leave the u.k. and stay out of the european union and i believe that small countries are infinitely more efficient and in the case of scotland you know if you look at the on a welfare capita basis around the world all the wealthiest countries are small nations whether it's hong kong or cateye are all norway they will have populations four five million and they're all either financial centers or they've got oil scotland's

got both you know scotland's going to choose wonderful tradition of finance i think it almost invented banking and they didn't but you know what i mean british there are a lot that slide. got out but i guess take your choice of scotland and if you're solving i'm moving to glasgow thanks for being on it has a report any time acts are i was going to do it for this edition of the kaiser a par with me max kaiser stacy herbert like to thank our guest. a wonderful dominic frisby author of i can see the book now bitcoin the future of money that's an awesome but by the way you can get around and get a kickback of probably a bacon egg sandwich five b. a five a i get a whole five k. which of course prost brags it will be worth nothing and so next time this is magpies are saying they are.

as you read the stand in here from us and. our own. problem one. of our good armor our from our trophy for our rather tough it was the fourth to kidnap. a lawyer and let him but i don't cut him then you cut him and kick and nail him what i had flu china for trough all that it living. below the water then i'm on my machine little subtle it does show the mind the. members of the

hay from the innocent do it. for the good it's whole food place choice the i knew where you're from and peyote chime in syria says. for you she ought to have a. model for that in africa will fuck around with her so it's that for jim and then boy i hope that our fairly mature course. when i was chosen seemed wrong. why don't we all just don't call. any new world beliefs yet to shape our distinctions become educated and indeed from an equal speech trail. when so many find themselves worlds apart we choose to look for common ground.

what politicians do something. they put themselves on the line. to get accepted or rejected. so when you want to be president. or somehow want to. have to go right to the press it's like a book for free in the morning can't be good. i'm interested always in the waters in the. west sydney.

i do not believe there is no merger of the spirit. world. i. was. i. in this world and president nicolas maduro urges the world to stop the goal of regime change in an exclusive interview given to. use every media outlet to urge the entire world.