trump says he thinks the deal with iran is possible if they find one of the most hawkish members of his white house team jordan bolton who previously banned 3 us quitting the nuclear deal with iran. the morals are held across the u.s. for the victims of the 911 terror attacks while survivors continue to question the way the investigation has been handled. the wanted to preserve for. a region far as. the needs of the families of the family members survivors. and the u.n. warns israel's prime minister over his plans for the west bank benjamin netanyahu his intentions are onyx part of the region has also sparked outrage in the arab

world. when the latest news that right you just download you are from google play or the app store coming up next a lot internationally the kaiser reports but if you're in the u.k. or islands get ready. max kaiser this is the kaiser report you know. it's not about the titanic necessarily it's more like the poseidon adventure sure remember that classic from the seventy's everybody thought they were going in the right direction but they're actually headed in the wrong direction. course stacie max i have this 1st little funny headline and you as a foreign broker should get my joy out of this because who is it something like

a j.p. morgan had said you know markets can remain irrational for longer than you can remain solvent well here's a similar watch the world's most bearish hedge fund asks quote why people are not more bearish after tumbling 22 percent year to date this is course something global and they have massive short positions basically on the whole global economy and it's not going as badly as they think it should be in terms of the markets and they're down 22 percent and they were at a funny letter complaining it was genuine but they didn't mean to be funny but they were like we don't understand why people are more bearish now is the poseidon adventure so these people are trapped in a world of topsy turvy them and they think they're skipping by traveling to the aft deck i think that's what it's called but they should be actually trying to exit through the stern that's correct the hall should be trying to get through the hall and it's a motley crew all of people like red buttons paul newman shirley maclaine you know

just like this motley crew of extras from the 1950 s. movies stuck in a capsize ship called the global economy trying to create alpha and going horribly wrong because all the instruments there could be another way to look at it is they're flying over the bermuda trying. role of money management ever all the dials are spinning in opposite directions all these funds are crashing as usual you notice when we do this quote why is the fund so volatile well mainly because it's obvious to me that growth is slowing globally and risks are all to the downside but what is also obvious to me is also obvious to policymakers and other investors we are seemingly in a never ending cycle of markets beginning to price in a slowdown and then pricing in stimulus and policy response and so after successful may for the fun we have to down months now what is shaping up to be a successful august when there is no stimulus that's the the great realisation that

kaiser report has been reporting on now for many years that the money printing and the negative rates of the 0 percent rates cause deflation they don't fight deflation so there is no coming back there's there's a corpse called the global economy and they inject it with formaldehyde every few months and so the curse is through the veins and the cause is like our rats through a snake you see these bubbles and they're like oh the corpse is coming back to life of course that's not going to happen the corpse is deader than jeffrey epstein and there's nothing bringing it back and these people who think that the stimulus is somehow going to bring back the economy are trapped and the side adventure you have to also remember that this guy is talking about the stock and bond markets and a lot of people look at those as if they're still real and still have meaning and still represent something real and tangible like it used to at one point before all

of the fake accounting before all the fake before all the fake and production numbers before all the fakery before the algorithmic trading and before all of that stuff so that this guy is this old school he's like he's still brainwashed to think that that means something that represents anything. about the global economy that the markets will never ever fall if they don't want it to because it's just fake the fed can buy up as much as they want and keep that little number keeping certain people happy yet don't know who they're trying to keep happy because you know who owns any shares anyway but anyway the fact is it's all fake is that basically the 1920 s. and you know there were no laws really on wall street and the abuses were huge and the market went up quiet and people began to look at the stock market as the proxy for the economy people were getting wealthy because their stocks are going up and they did they quit their jobs to just become speculators and so this is what happened now people are saying look the economy is the real economy is terrible and

we have no jobs they've been shipped overseas and i have nothing left a day trading and the market goes up therefore i'm being productive but it's a piece of until such time as like in the twenty's you have this mega crash which is coming and then there's a reversion back to maybe we should have put some rules in place maybe there should be the like to bring back the top tick rule for short selling going back you can't companies can't buy their own stock get rid of the digital millennium the commodities futures modernization futures modernization act that legalized gambling on wall street you know maybe wish but clinton brought out bring back a glass steagall right let me everything that was brought in after the twenty's they got rid of it now they've got to bring it back in again from that point in 2000 at the last few days of what bill clinton did in his administration and pave the way for the next 20 years of ever declining living standards for most people while the top one percent ran off with everything. is not as they should ending of

glass steagall all those other things is represented in this tweet from the wall street journal the bottom half of all u.s. households have 32 percent less wealth than they had in 2003 the top one percent meanwhile have more than twice as much as they did than that little. datapoint explains only with every single thing and why kaiser report can continue to have content week after week day after day because this drives almost everything this this economic injustice and this wealth and income gap think of it plus an ecosystem you know they're supposed to be clouds above and the crops below and occasionally the clouds rain down to the crops and then the crops grow and they create food in the people have nourishment so in this economy this financial engineered economy since deregulation of the $0.19 or the neo liberalism the reagan

factor here or the reply of glass steagall the commodity futures modernization act what's been happening is the ecosystem has been radically altered so that the clouds only rain money down on the people living on park avenue wall street greenwich connecticut and the people down here who are tending the crops are. becoming dehydrated they're they're dying but they keep seeding the clouds with free money from the fed so you don't need the people growing the crops anymore just like in saudi arabia they don't need workers because the 5000 princes just pump oil any time they want to raise in america you don't need workers you don't even need tax revenue because if you have access to the my printers you just print more money for yourself that's the big joke in america they don't need the workers they don't even need the taxes how much of they collect in taxes last year 3 and a half chilean that's like 5 days of money printing in the global central banking land that's nothing and so it's become a cracker stock or see it's become a corrupt ocracy it's become a a it's become a just become

a nightmare are you know one of the things that economists especially during you know pre-one 1071. concern oh was that workers would their pay would increase too much and that was something they were terrified of the inflation of workers earning too much so what they. seem to have done is you know there was fear when this the global financial crisis really happened is that they printed all this money and everybody like peter schiff lots of people were saying there was going to be hyperinflation but they didn't give it to everybody they just gave it a 1000 guys who hoard it or buy more you know luxury homes but it doesn't trickle down to the people and that's important for the system to sustain itself but people are figuring it out and that's why you see the likes of m.m.t. the modern monetary theory where basically they're saying hey we have a new theory how about the fed print a whole bunch of money just like they're doing for banks and give it to the people

so that's what's happening there that's what's happening here with they're noticing the economic injustice and that's causing that effect people say this and that native interest rates are radical central bank policies are been tried before but going back to when all the money printing came after the 2008 crisis and it didn't circulate into the economy it didn't cause inflation because the banks hoarded the money yet and that was actually unprecedented and the banks were actually able to put that money on deposit with the central bank and earn interest on them yes instead of lending it into the economy and increase the money which is what it cost inflation which would have cost tax revenues which would have given wages higher boost in potential and would have cost an economic boom none of that happened it was hoarded by the banks who were allowed to get even more free money by putting it on a puzzle with the fed so the ecosystem became between the fed wall street and the dad most people took a that's that's the ecosystem and they create this dynamism based on we want to with the fake message we want to create inflation to boost wages which is false

they want to print money to increase the acid dyes of their homes in our work but the mainstream media buys it because they are also owned by the same folks so there is no diversity we come in we've been saying now for 10 years that's all false this is the real economy and we've gone from financial repression to financial vandalism . now bloomberg calls it to financial terrorism which will be the next up the next step here is money for nothing and growth for free dutch considering $50000000000.00 euro growth fund financed with negative rate debt this is kind of in a way this m.m.t. is here they're saying they're being presented with investors willing to pay them to borrow defying all laws of our known economic history perhaps before the bronze age we did stuff like this and that's why we don't hear of what we did back then because they history has been wiped clean this is what they tried on easter island . with people with disappeared suddenly news leaked last week that the dutch

coalition government is considering setting up a fund for investing in economic growth details are scarce of course but media reports suggest a fund of up to 50000000000 euros that would most likely be announced along the rest of the dutch budget in mid september it would be financed by borrowing from the market and spent on growth friendly initiatives in areas such as infrastructure innovation and education policy makers appear keen to capitalize on negative race along the entire dutch state yield curve i might add that usually all of this stuff because we have such a corrupt financial system all the mckinsey sort of people will step in and all the like consultants they are friends of the revolving door and government will say you need to hire the consultants to tell you how to spend this 50000000000 just give us 3000000000 euros and we'll tell you how to do it and then they give it to the same construction conglomerates who then say well we'll give us 20000000000 euros of that 50000000000 and then we'll take our 10000000000 and then give

10000000000 to some some subcontractors from china right i n g is the bank in on the in the netherlands is insolvent but they need the fees to pay the salaries so how do they create fees from an insolvent institution like i n g they say we're going to put 50000000000 dollars into these growth companies that is funded from negative interest rates steady. and from savers. with a quid pro quo that that money is dumped mostly back into the bank to create a cycle of. oh we got to go away much more coming away. today there are good and bad evidence the bad news in yemen the united states. the good. lord in syria the cia and the us military were engaged in covert actions

really throughout the world. where they were assassinating populist leaders they were backing up the right way military windows funding an army. there's no posts anymore because there's always a small people really good. welcome back to the kaiser report i'm max keiser time now to recharge our conversation with . gold money dot com and minae dot com full disclosure we are investors and both of these fine companies roy welcome back thanks for having me max always a pleasure to be here to get your thoughts on these 100 year bonds that governments are issuing argentina's came out it's down already i think 70 percent you know 100 year bond in collapsing what's this all about yes so we're obviously seeing this

phenomena of negative interest rates it's praed it's now become common wisdom and i think even sort of a mainstream idea so yes the mill analysis is more negative interest rates means everything else becomes a form of money which includes your argument for silver and why would you want to own in any central banking currency. however the ideas that i tend to think about and come up with always lead me to go against the herd when it becomes mainstream i'm not sure if you're aware of knox but a lot of the ideas that we have been proposing and you have been proposing us since you're 90 years old and been doing this for 5060 years are now becoming mainstream so when i look at the negative interest rate phenomena and whatever it is 20 or 30 trillion dollars in bonds now. i try to think about it and say well what is the

invisible hand argument what is the actual thing that's taking place the dynamic that's leading to this being a plausible policy for an academic or an economist and what i've started to consider is whether the negative interest rates are telling us that we're just going to see a rapid decline in the world's population and if you follow my thought on this for a moment think about it like. the world's money is something that has a value per capita to the stock of money if the value of the money is self the leading at a rate of 4 percent a year but the rate of population is decelerating at a larger rate than the amount of money per capita can still grow or even remain the same so really it's almost like the invisible hands so lucian to the problem of wealth inequality because the people cooperating every day waking up and trying to

toil for you meritocratic purposes will be rewarded a larger share of that negative yielding money. while the people that are just sitting on their money are going to lose their share so i think that may be an interesting way of thinking about it a more pessimistic way would be that perhaps the negative interest rates are predicting a minimum major decline in population due to war or perhaps some kind of a geo political war but i've started to come around to this view more because i'm not really seen how they can reverse these interest rates without causing massive nominal deflation which is what they are trying to avoid at all costs because of the credit cycle and credit debt outstanding and all that said the old axiom price proceed and this sowed these prices and they don't conform to any kind of known. policy or academic model in real time and current but they discounting

something is the invisible hand moving in a way that we'll find out at some point in the future what this is all about this often happens in markets and price machines and if it is an old you know wall street axiom so you're suggesting that the new is coming down the pike era could be some kind of a rapid population decline the facts yeah so ready so you know if it's a game where there's a bunch of people in a circle and the way you jaw. and the game is if you're bored and the way you leave the game is if you die and you start off with a certain number and then everyone passes around an apple you know that's money and everyone gets one bite at a time and so if the amount of people joining the game being born is less than the people leaving the game even though this apple is shrinking with which with each move everyone still getting the same bite so perhaps that's what's what we're about to go through and you know i don't believe the un figures on population i was doing

some work on this and i found that the fertility rate in the philippines declined from $3.00 to $2.00 so 3 kids per family to 2 in just 15 years the last 15 years whereas in the united states that took 200 years to happen so we are seeing a decline in population i don't think you can trust the un figures which are really just meant to juice all of their projects and their goals and i think that if you look at the voting numbers if you look at the fact that no one's really having babies younger generation people forming households who's to say that the world's population can't be 20 percent less than it is today or 30 percent less in 100 years i think it's totally plausible so perhaps that's how the keynesians are going to keep control of the fia money system we certainly have looking at these events that are sweeping the globe whether it's ecological all events whether it's this kind of these violence picking up around the world we have you know could be

outbreak of ebola or something like that contagions dead there are other seems ripe for something to happen that would possibly threaten the population numbers but they the the price of days of these bonds trading at 300 you know we're trying to guess from liechtenstein racially at 300 year high basically yeah it's just a bond bubble set some point and. pops and then it causes a mass die off because of the poverty in other words it has a chicken and egg situation is it telegraphing something or is it a bubble that one of pops it will create a scenario as you're describing it you know there's a lot of in markets there's a feedback mechanism with hard to determine where you are on the on the continuum is is a reaction cause a reaction or which way time is flowing and i don't want to get too esoteric air but could it just be this massive bubble it is

a bubble but i just don't see how we ever see a 2008 style credit crisis that systemic given all the control and manipulation that's going on and i think that if we see a breakdown of the power structures that are now fully in control and fully in the minute manipulative function for attention for what we know for privacy i think the last thing we're going to care about is what the interest rate is going to be on the bonds because it's all going to manifest through deflation and so if we have massive deflation then the system will work itself out i actually think that. you know i don't know why but at this point i still can't see that materialize i i think that what they did in 2008 was change the rules of the game and they've cemented their dominance over that you know method of play and that's

why there always are these puts in the market so ready perhaps they're just killing are killing our population i mean right by puts about the greenspan play at another large the those at the bernanke you know what the yellen put you know the chinese put the druggy put the risk is different for the average person who's actually i just think maybe the story will be written such that the academics proselytizing. we will have literally killed off our population enough to the point where we no longer exists it's not climate change it's not a bowl it's basically bad money they introduced a system of bad money which allowed them to get away with murder which allowed them to run deficits with which you are going to pursue nonsensical policies for so long and 1st the social fabric of the nation has been destroyed and then they try to export that doctrine globally but the result is that they're going to destroy the

pocket right in this talk about this put thing put the cost of the put for 2nd so what i try to tell people is that it's an asymmetric warfare if blackstone buys a 1000 apartments their head and if they their most are at risk of 2 or 3 percent if the individual goes out there and buys an apartment they're not hedged and they may get caught up in a down cycle and lose $5060.00 or a percent or their whole house that's true what you have a certain amount of capital it becomes easier to crew capital with less risk so it's asymmetric in an american economy i think people have the perception that everyone is taking an equal all risk at entrepreneurial as i'm an at the economy but that's false sense of completely financial ised and those with the means can make hedge their arrest the point where they're making risk less rate of return a risk less rate of return and meanwhile a peep other people are being charged negative interest rates or being charged 16

percent on a credit card and friends of goldman sachs and get paid to borrow money and they laugh about it they call it the opium of o.p.m. other people's money or heads i win tails you lose and that has all the grades of social unrest yeah and the revolving door is a critical part of because you could spend 5 years put putting forward policy that supports the financial industry or silicon valley and then just like burning he did go and work for citadel afterwards and get $5000000.00 a year and your position. yes as a as an existential crisis it is ok so the average person they know now is headed to gold for a 2nd yes so the average person with a real money at their accumulating gold they have individual sovereignty that's the key so there's 2 ways to do this gold money we know we've been talking about it for years you're buying gold bullion you can look it up on the line you stored in around the world but with men a fascinating because 1st of all it is hard money but it's positioned as $24.00 karat gold that is priced based on the spot price of gold so i bought some trinkets

on gold money and they may you know but i mean you know cufflinks and jewelry and it's give me a real time quote and it's not like pretty substantially since i bought the stuff and i can go to my mini account but roy i got to ask you because you know when i 1st met you i didn't know you there are this startup guy hiding in there i mean when a it's gone from 0 to tens of thousands of customers millions of dollars of sales and like 24 months on something that nobody would have thought of would be asked success as a startup $24.00 karat gold jewelry 1st of all is tiffany's now completely going to be disrupted by this and what what's the growth prospects for this thing because it looks like it's you know on fire tiffany's is in trouble i can look at the camera and say that. is really doing extremely well it's growing entirely via word of mouth it's been less than 2 years and we are approaching almost $20000000.00 in

jewelry sold with one physical store as you correctly pointed out every single person and every single currency that is purchased or $24.00 karat gold jewelry is up in many cases they're already up more than the premium that we charge them so they've made money on their jewelry well they've got other forms of enjoyment from it and yeah to the moon the sky's the limit and just if you know if they can actually send it back to you guys they can so in arctic. my authorized the fake cetera and so but this is individual sovereignty this is a $400.00 i got at a time one coughing all the time is that why peter $7.00 like grabbing us cufflinks this one couple got a time it's going to change everything yeah and just back to the final point you are 100 percent correct we can sit here and talk about all these macro issues but what i've always said on this show is the personal you know the person the person watching this show should always measure their earnings in gold and when they have

a surplus of savings they should gold and i will be even more aggressive this time i think 50 percent of your net worth should now be in gold in this level 50 percent until the next election cycle united states because i do think trump is going to lose the election and i think it's going to swing the pendulum back towards a lot of the policies that are going to destroy capital and increase inflation in taxes and the jury's all designed by diana picasso diana picasso that's correct the granddaughter of public policy granddaughter apollo who had a very. rich last night who's now agreed to come on the guy's report and talk to us about all this stuff diana. and i worry about because i'm sure. i'm in a blue period. the moon over all right i think we're out of time well royo great having you back and glad to see you think well yeah we're investors in the company so we're doubly pleased phaser look up thanks for coming on the show it's a pleasure thank you well that's going to do it for this sort of guys are part of

the max kaiser stacy ever life there goes right to buy a gold money dot com in a dot com you can catch us on twitter because a reporter cries report dot com. but the so-called peace process in tatters u.s. troops still in syria more times than not agreeing with iran maximum pressure on failing and america's allies in the middle east at odds over yemen can anyone make heads or tails out of troubles foreign policy in the middle east it seems to be going to work.

alone welcome to worlds apart travel has long fascinated human imagination but until recently it's been the privilege of a selected few the growth of the global middle class has turned into a major economic currency responsible for roughly 10 percent of both global g.d.p. and total employment with over a 1000000 people already traversing the world each a very uncertain. some bags and fridge magnets is such growth sustainable while to discuss that i'm now joined by putting the question really secretary-general of the world tourism organization secretary general it's good to talk to you thank you

very much for your time thank you for your interest in the word led to rear 1st the forward important event for all of us. special its general assembly but expecting more than 100 different. presented this ministers was ministers from $157.00 countries and this is one of the most important event for all of us and the least year we have it in russia you are a relatively new to this job i mean about a year and a half as far as i know and you came to the litter ship of this organization at a very interesting time on the one hand the global tourism industry is growing faster than ever before but on the other hand there are increasing concerns over and not only sustainability of that growth but also whether or not it's it may be damaging for the world as a whole is more still better as you mentioned that started last generally that is my 2nd term 2nd year and. we're.