he finds competition for american corporations that apparently we can't compete against so it's my way or the huawei i like my way always that is in the title my way or the highway how us all to made him over china's five g. giant fell flat in south east asia apparently southeast asia is ignoring the u.s. threats to not use five g. the the five eyes partner nations have all basically stopped using weiwei but that's that includes the u.k. australia new zealand canada and one of the person i think but the region is shaping up as a key battleground in a war between the us and china to influence the roll out of super fast five g. internet services billed by experts as an era defining technological shift that could pave the way for breakthroughs in everything from artificial intelligence to the creation of smart cities so era defining and shifting technology and we've seen

this throughout the past thousand years of human history is that as soon as there's a new era shifting technology or energy source like from coal to whale oil to you know oil from the ground you know whoever controls that changes you know becomes the new power of the superpower of the world so right now apparently if china's five g. is like twelve to eighteen months ahead of anything else in the west and it's like half the price so it's not going very well for us oil the economy is no longer commodity driven it's utterly gentle by energy or oil share and most of my attention was called attention and driven by people being addicted to their own narcissistic egos b.z. their ego affirming. social media platforms delivered to them through the

phone so now of the way in five g. eight this is going down even deeper is going from a subconscious of the unconscious so the fight is to get vast quantities of the population to be mesmerized into being incapable of separating themselves from the machine so this is the cyborg era so five g. era will be for its artificial intelligence well essentially subvert the entire history of humanity going back hundreds of thousands of years of millions of years and china wants to rule of course china is already much head of the world in the surveillance state and they have a social credit score and their population really has been insecticide they are insects that respond to a command of control central and the five ga over while ways fun this can be rolled out globally so that's the battle the us would love to be master of the insect world that what we're used to be called humans but they are too far behind there

are involved in this interesting and fight between the democrats and republicans and nancy pelosi am versus donald trump and so they're letting the future and get away from them yeah so the future is here in southeast asia we have malaysia we have thailand we have all philippines everybody are buying these five g. technology it's not just on the phone it's the actual like infrastructure is being provided by huawei i also want to point out that when you talked about the insect a fixation or that you know the ego is a huge hit has been tick tock and this is going to be like it blows away all these other startups in america the tech high tech start the tech startups the dot com startups now and it is a uses i i was reading about why it's so great and is that because i myself haven't used it but they feed you videos based on you observing their other videos they. see that you are attracted to the cup of coffee in the background silis and you

coffee videos or the cat or whatever you're actually interested in they just study your eyes you don't employ anything you know and most like on you tube you go in and search for words here you don't do that you just like look and they feed you what you want to see so and in southeast asia what nations want to see are jobs and cheap infrastructure but way better and more advanced and so in southeast asia where huawei estimates there will be eighty million customers within the next year and one point two trillion dollars of business opportunities over the next five years washington's fears have had little impact while washington won't be able to stop this and the technology allows for the star cystic kind of human fallibility to be blown up into a game changing fatal species ending technology delivered over your phone and why there it's just which is just a technology that shows as you point out that the artificial intelligence is able

to read your behavioral tics and feed that back to you darsie assist a cli so that you dive ever deeper and get more of your subconscious not conscious mind into the group think the insect occasion of this economy and you know what to study any insight colony any ant colony or be our birds they don't know that they don't have a committee meeting and say let's all fly south for the winter it's it's delivered to them through the cosmic reality of evolution that's been part of the parallel universe that drives our. kind of reality. in this state before we completely embrace the multi dimensional parallel multi reality that will be delivered to us through our way so why way is redefining our consciousness in a huge way instantaneously so time especially time will cease to exist birds and animals that have no existence of time really they just exert tonsil in the present

so when you when the artificial machines are finally glued to your face time will cease existing and you'll just be in a perpetual state of consumption and that's it for humans you know that's it the game is over so when so be it has it is again where and then the process of de globalization we have trade wars with everybody. with china including china iran and venezuela. i think china is going to start a trade war with europe as well so that's on one side but at the heart of washington's narrative is that huawei could be forced by beijing to build him back doors or hidden methods of accessing data into his products that would enable it to spy on foreign competitors steal intellectual property or even shut down foreign infrastructure remotely and i have to feelings on that because in the article does mention snowden and his revelations and one thing in terms of this seems like

projection because they're saying that it could be used to steal intellectual property or have competitive advantage for their own national industry which of course was apparently done against brazil in petro bras and with our own spying technology but in terms of well as they say that ultimately southeast asian nations say that they calculate that they have to import a five hundred technology anyway because they don't make it so who would rather have spying on you china or the u.s. is back doors and everything and for me. i would my calculations would go that well china can't lock me up right yet they can't throw me in a gulag but my own government can't so i'd rather if china like china can collect data if somebody's going to collect data on me i'd rather have it be a government with no authority over me yet i was up bob dylan said you got to serve somebody. but you know the fact is that in america you had like seventy thousand

people die from opiate overdose last year why take the pain away take the pain away that's what americans want now they don't want to think they don't want to act they don't want to fight they don't want to do anything that they just want to take the pain away so they're shooting smack they're taken oxycontin isn't chinese company nice chinese company so strap on this virtual reality machine with the five gina satellites your pain will go away america ends and americans will sign up in droves just take the pain away china i want to get there of course china does send most of our fentanyl and so. there's a drive to five g. . while u.s. companies they say are not currently offering comparable alternative technology to our ways that's also a problem we don't have we can't compete we don't actually have the technology and at the right price to even sell to them so they're going with that but i want to also turn to another story related to this while we're so busy with sort of all

these crazy domestic issues that are really about nothing ultimately when you look at what's going on with in our competitor nations. from copycats to innovators by richard vague so remember the notion was so when the china and to the w t o r when we had nafta it's like we're just sending over the low value jobs and everything will get better for us we'll just do the high value jobs and where the innovators and we're all going to make one hundred two hundred thousand dollars a year why do you want to twiddle in the factory for fifty thousand dollars a year when you can make two hundred thousand dollars as a programmer of course that has never happened but also in china apparently china produces more electric cars than anywhere else in the world and it is already the world's leader in battery technology leading the financial times to headline one

article from september twenty thousand and eighteen why the future of electric cars lies and china tesla grabs the limelight but the real story is elsewhere they're also apparently ahead of us in genetics technology there also ahead of which is called crisper which i guess was created here in the united states but we don't have any funding for it so all the funding comes for chinese companies by the chinese government in addition china aims to take the lead an artificial intelligence and envisions a one trillion dollar ai industry a c n b c reported the may twenty eighteen just as notable is a lead to may already have in the race for five g. the next generation of mobile communications according to a us national security council memo as the memo states five g. is by no means simply a faster four g. but instead is a change more like the invention of the gutenberg press so i just have a change it's a quantum leap and it going from

a serial kind of linear understanding of time to ever present omni time where everything is constantly in the present and time as we understand it. that breaks by you know who called us a while ago as dr paul craig roberts on this show many times he would say that when a manuf. actually you when you ship out your manufacturing you export you you offshore your manufacturing education you offshore your innovation you eventually the people that are now doing those manufacturing jobs also start to innovate because that's where the innovation happens on the factory floor so the factory floor has been moved to china as you point out they'll be ciolek china and then we moved all of our jobs manufacturing over in china about all the innovations in china so we don't start it's not been created in california built in china is going to be created in china built in china and that's an obvious progression and we call that on the show many many years ago it's not hard to figure out why i think it also comes with hubris and if you look at previous empires and how they fell apart you know like spain the spanish empire fell apart because they were obsessed with

one thing that's gold so they left everything else to the brits or the da like all the caribbean and you could have the stronger you could you know so because the brits the british weren't allowed the gold they had to innovate and come up with different ideas we only in america where obsessed with oil so we have poured a lot of government funds and innovation into fracking for example but in the meantime china is racing ahead on you know all sorts of renewable energies where they'll never have to even compete in that sector so there's a new beyond o.-l. but we're stuck with oil eram are threats to iran venezuela like it's like that's like soul old everybody else is moving on beyond that but we're stuck like can't get the oil with the biggest oil producer. and everybody's like ok today has the twentieth century back there right i mean look at the synoptic neurons in the brain their interaction creates energy just like waves create energy what the way of capturing technology not oil not coal not gas but waves brain waves we're gonna

take a break when we come back much more don't go away. i .

what is it calling the coin is magic internet money the new type of digital currency essential lies digital scarcity chancellor. of second for bankers call the genesis blog for reason to calling it civil disobedience a source of optimism because i can control my own financial destiny it's just a new way of coming to consensus is a game changer in the human history this is columbus discovering a new world this paradigm shifting technology that transforms economics and finance in a heartbeat the apollo eleven landing on to the max and stacey. welcome

back to the kaiser report imax kaiser time now to go to tyson slocum he is over there at the public citizen's energy program and he serves on the see if he sees energy committee right here in washington d.c. tyson welcome back always great to be here all right so like to pick your brain you're right here in d.c. and there are get your finger on the pulse of tell us a little bit about these sanctions and so. if he in a few very short time they expire or there's a lot of political intrigue going on what's happening in that thing or who will it's always tough to predict because the trump administration is so unpredictable so basically what they've done is they've set they're claiming to set a hard deadline of may second for when the sanctions on iranian oil exports are. going to go into effect and this is a big deal especially for china because china represents almost half of iran's one

million barrels of oil a day in exports so this might be part of a negotiating ploy be part of the china u.s. trade negotiations you know they're ramping up here in the next two weeks and clearly if you threaten to cut off half a million barrels of oil a day into china of that is a negotiating tactic ok so you wait to hear last and you're an advocate for the public and you're looking for a fairly priced energy right and so i ran in response to saying we might close the straits of hormuz and so the geopolitics share is enormous it's the most important commodity traded in the world that defines economies around the world defies the banking industry around the world you have very little control over that right so i mean this is your geo political stuff and you're saying i would trump in the white house it's highly unpredictable and i would say that maybe for the first time in anyone's career here in washington certainly for long. in time we have such an unpredictable element in the white house here it literally just curious about the

us and them is a literally where you don't know day to day how the geopolitics are going to play out that's right i mean and trump contradicts himself all the time he does one thing one day and then the next day he's tweeting something completely different he's sometimes at direct odds with a number of his top advisors which is why we've seen such a revolving door of some of them so like i said it's but it's offical or is the he's got put in pressure on iran but but it's coming from another lobbyist repair washington rylan you know the apac lobby his group right right so that's a guys they're in in alignment with the saudis and the trump ministration despite global outrage at the killing of a saudi journalist by the crown prince of saudi arabia the trouble mr ation continues to maintain close ties with the saudis and so the saudis and their ally israel are huge beneficiaries of any clampdown on the shia persian regime regime

and not an interesting equation saudis and israel as allies right now that it's bizarre to people like they listen to that it doesn't ring a bell and i want to sell explain a little bit the background or how that happened it wasn't all about how that strategic but i think part of it is that the saudis have been sort of the historical. you know u.s. middle eastern ally from sort of the. the the traditional ruling class of washington for decades now even though the saudis have consistently gone against u.s. interests even played a direct financing role in killing americans on nine eleven despite all of that you've got a lot of entrenched political economic interests that want these alignments with the saudis and the israelis figure that. they can work with the saudis better than

some of the other countries which is why you know netanyahu has traditionally been such a hard liner against iran because you know the saudis are why there are sunni aligned and iran is a different ethnicity they're persian but they're also shia and so as a result you've got aronne involved in syria they support hezbollah and other interests that have been historically you know against israeli interests right and so as a consumer here in america the more is the price this is ali going to be like i'm over the eighty's the seventy's we had the oil embargo and and different god license plate even license plate in our family it's a car is an odd one even so we were like oh my god as we got in line to get gas it is only overdue for that kind of conflict where somebody says the taps off and something big like that happens i was kind of

a radical question but what i mean that can always happen but i think the geopolitics of oil have changed i think fracking in the united states has changed things and in two thousand and fifteen president obama negotiate with republicans and got rid of the defacto oil export ban so the united states is now exporting millions of barrels of oil from our record shale oil production here so but you have to remember of it even though we're exporting millions of barrels of oil we're still importing seven and a half million barrels of oil a day because we're using you know nineteen million barrels of oil every day here so we're not self-sufficient in oil production in the united states. and then other countries like russia the saudis can also increase their production so i'm not necessarily envisioning physical shortages i do think we're going to see for the short term because of the. certainty of how these sanctions on iran are going to

play out we're going to see an increase in oil prices a little bit but i think it's going to flatten because the fundamentals of the oil market even with threatened iranian sanctions and potential squeezing of sanctions on venezuela i really. don't see any major supply disruptions now if something like the revolutionary guard in iran decides to try and shut down the strait of hormuz then we've got a big problem because you've got so much oil coming out of saudi arabia and others that rely on the strait of hormuz to access global markets have fracking for a second because i can ask on the wild card in the last twenty years as you point out fracking in america has made america quote unquote energy independent we've become a loyal energy powerhouse but reuters recently reported that the fracking operations a failed earn more than they spent we've been reporting on this for a long time now many years of probably talking about in the past now fracking is an

industry where it costs more to frack than the profits you make getting out they toss more bt is and then b t's out the lifespan of these days fails as short as much shorter than the bonds is assigned as an for sure so that fracking thing is like a flash in the pan it's not going to last so and this looks like the all the major fracking companies are down stocks are down the bonds are down that industry is about at the toilet so so that once it will once in a generation flip america we've got all the energy we need the sabbath thing as a come era it's going to go away then we have to revisit everything all over again as i sorry we're not actually energy in a panic where we're energy take may's take us back that well actually exxon already saw the writing on the wall exxon chairs of the called the national petroleum council which is an advisory group to the department of energy and a couple years ago they released a big report basically saying we need. you know open up the u.s. arctic to new drilling and the reason that they're pushing to open up these new

fields for exploration is because of the things that you're talking about a big achilles' heel with which shale oil with fracking is it's significant what's known as depletion rate which means after the first year the production that you get from the well falls off a cliff so in order to increase your production you've got to re frac that well basically on an annual basis and so that costs a lot of money it uses a lot of energy resources a lot of water like you pointed out i'm not sure that the markets are viewing fracking as a failure after member chevron just paid fifty billion dollars including debt to acquire a rival anadarko and that really was about acquiring shale assets in the permian basin the companies can make money on losing assets absolutely because it's a party's game right and you can make a money out of causes game right and they can bail out six tracking money losing

operations by i and other fracking and combining them because going to refinance or going to the maturity these bonds are going to do the red queen centrum in the bond market it's a delusion or we can all pay ourselves huge amounts of money right so it's a scam it's a concious game and it looks like a sore live because a depletion ratios as you point out in the industry wide are very low whereas saudi arabia they stick a stronger ground the gal are oil field and they're still pumping oil out of like five dollars a barrel and speaking of the saudis are going to take around the cow do a deal it's worth they've got now some visibility on an eleven billion in profits more than the top five companies in america combine their they obviously got a lot of weight they're heavyweights in all of this and sal although there are questions about the transparency of some of these production. of figures

in the in saudi arabia which i think was part of the reason why they didn't do the full i.p.o. some of it was also they didn't want to have exposure to adverse litigation yeah the adverse litigation dress a pretty much of the story but in terms of the transparency into the balance sheet what's happening with saudi aramco you know they are tied intimately to the u.s. dollar ok starting a seventy one we want the petro dollar that was a quid pro quo you know we'll buy your oil you buy our bonds right that's the way america not the gold standard next and go right and it's gone now in a petro dollar so now they've been dumping dollars the world's been dumping dollars here in energy guy you want to make sure americans get a fair price of energy if the dollar no longer will reserve currency because saudis and the israelis are doing something with iran and now you get their runs to say well we don't even want to be a part of this u.s. dollar reserve car anymore when to dump it and purchasing power my money goes down right sumpin five six seven eight dollars a gallon at the pump because of this macroeconomic stuff true or false it could

happen i mean a bunch of nations have been frightening for a long time to to take the dollar away from but isn't that on the title your list of risks you know to the american energy consumer while i mean that's why public citizen has been pushing so hard to minimize our exposure to global oil markets and the best way to do that is to support stronger fuel economy standards which is something that of course trump rolled back the obama stronger fuel economy standards but also investing in the translunar energy me that's right not that right but also the shift to electric vehicles i mean there's no question that the electrification of the transportation sector is where the system is is going to be headed all right on that we're going to take it up another segment went on about the electrification of the automotive industry not as a cool stuff into the batteries. isn't like sure she is going to be really exciting

so it helps to stay absolutely all right well that's going to do it for this edition of the kaiser report which may max kaiser and stacy herbert want to thank our special guest tyson slocum of public citizen's energy if you want to catch us on twitter it's kaiser report until next time by all. join me every thursday on the alex salmond show and i'll be speaking to guest of the world of politics sport business i'm showbusiness i'll see that. they can come and blow our brains out at any given time and we can't really do

anything actually america is the only country in the world where you can kill people outside war and legally get away with. all of the fire crawls still beriah all the trouble here's three failed the point it's hollow flying to k.k.k. exists because america wants it to exist they are the biggest terrorist group to ever operate in this country and they're dead to me they're worse off than the people who destroyed the world trade centers of the scroll why. my seven years doing drugs my nephews was still in drugs my sister just with doing drugs it was like an epidemic of drug abuse america's public enemy number one in the united states is drug abuse we started going after the users in the prison

population sewer we started treating sick people people who are addicted to these drugs like criminals while i was on the hill i increasingly became convinced that the war on drugs was a mistake there are countless numbers of people who are in prison for conceivably long sentences for minor minor offenders in the drug trade it's a lot watching your children grow up and miss you in waves and say bye daddy as you're well. so busy it's just it doesn't get easier. oh. well we. know you're right. not. by. the way.

though i. had learned this morning that american army veteran was arrested in california for pulling up to mass attack on christians and jews officials say he was seeking revenge for the last shootings in new zealand last month. the investment companies bring saudi arabia back to the financial markets to blow twenty criticism of the gulf war the key. to a secular state like peo claims russia has been meddling in american politics for decades and will continue to do so for many more unless washington puts a stop to.