decline perhaps because the 1st headline is what rural earl declined perhaps because the 1st headline is what rural ohio makes of turkey syria crisis so this is the b.b.c. ohio makes of turkey syria crisis so this is the b.b.c. and they went to ohio and the rural areas outside of the city and they went to ohio and the rural areas outside of the cities where you know they had had the recent democratic debates and the b.b.c. center where you know they had had the recent democratic debates and the b.b.c. sent a journalist there to find out whether or not the rural people there. to find out whether or not the rural people there. were equal to what you saw in m.s.m. b.c. and c.n.n. and the political class of were equal to what you saw on m.s.m. b.c. and c.n.n. and the political class of the democrats were they as outraged as trent pulling out

of syria like the democrats were they as outraged as trent pulling out of syria like that and what they found is that just over 300 miles away from the city that and what they found is that just over 300 miles away from the city and the small town of circleville ohio the conflagration political and military in the small town of circleville ohio the conflagration political and military seemed a distant hazy thought i haven't followed it that murray seemed a distant hazy thought i haven't followed it that much really says fran bush a circleville resident our pastor it really says friend bush a circleville resident our pastor is always saying to pray for the president and i'm trying to listen and see what's going on is always saying to pray for the president and i'm trying to listen and see what's going on. but i get so sleepy at

times i can't concentrate. but i get so sleepy at times i can't concentrate and yeah i know hey you know this is interesting for a couple of reasons 1st of all the yeah no hey you know this is interesting for a couple of reasons 1st of all the disconnect between the vast majority of americans and what people see on cable news is the disconnect between the vast majority of americans and what people see on cable news is huge and what people on cable news think everyone should get outraged about is huge and what people on cable news think everyone should get outraged about nobody in america pays any attention to whatsoever and nobody in america pays any attention to whatsoever and this is what led to traumas victory in 2016 and what setting them up for a victory in 2020 and this is what led to traumas victory in 2016 and what setting them up for a victory in 2020 what's interesting is that somebody from the b.b.c.

you know there's a somebody from the foreign press what's interesting is that somebody from the b.b.c. you know there's a somebody from the foreign press who comes over into america and you know once you who comes over into america and you know once you step foot into america you know you would be quickly aware of the fact that there are stepped foot into america you know you would be quickly aware of the fact that there are almost $300000000.00 americans that don't care about what happens on cable news they are almost 300000000 americans that don't care about what happens on cable news they just get from sun to sunset putting in their hours taking care of their kids just get from sun to sunset putting in their hours taking care of their kids doing their job doing the best they can and then living in a country that they're very happy is doing their job doing the best they can and they're living in a country that they're very happy. to be living in and they don't watch cable news

so the b.b.c. is probably figuring you know we come to be living in and they don't watch cable news so the b.b.c. is probably figuring you know we cover america all day long on the b.b.c. and when we go to america penalty they are not really for america all day long on the b.b.c. and when we go to america penalty they are not really doing the things that we think that they're doing but there's the other side too which is when i grew up be doing the things that we think that they're doing but there's the other side too which is when i grew up in the seventy's we used to watch these programs about how the great american in the seventy's we used to watch these programs about how the great american next millennium what it would be was a time of leisure and that we would have time with the next millennium what it would be was a time of leisure and that we would have time with our family and there would be these robots and stuff like that that would take care of our laundry and our family and there were be these robots and stuff like that that would take care of our laundry and all of our jobs would be like we would have

a lot of time like things would get all of our jobs would be like we would have a lot of time like things would get better but in fact what you're seeing in the country but. it's what you're seeing in much of the country where the deplorable. is that they have to have to work worked 2 or $33.00 or 4 g. for our jobs that they have they have to run. like in this sort of like facets or just asked us to stay just to stay. even with their debt just to make the minimum monthly debt payment on their credit card with their debt just to make the minimum monthly debt payment on their credit cards that are needed in order to sustain their life i.e. the basics amounts that are needed in order to sustain their life i.e. the basics the massive. basic message cities food shelter health care those houses

basic message cities food shelter health care those have to all be put to death it's ratcheted up these costs are all be put to death it's ratcheted up these costs are massive so you have people that are tired and too tired to think massive so you have people that are tired and too tired to think because they're working nonstop and that's a danger because because they're working nonstop and that's a danger because in washington d.c. they don't have to work that hard because they just live off the plunder washington d.c. they don't have to work that hard because they just live off the plunder of your taxes so they're fresh faced him and bushy bushy tailed of your taxes so they're fresh faced him and bushy bushy tailed like they taking take all your money all

your meek money they say to a not enough other. sinister call down circleville ohio ohio and he was at the pumpkin show and his name was danny evans a construction lame bio and he was at the pumpkin show and his name was danny evans a construction laborer who said he was too busy with work to care about what was happening in syria or who said he was too busy with work to care about what was happening in syria or understand i leave at 4 30 in the morning and i get home it's our understand i leave at 4 30 in the morning and i get home at 630 or 7 at night i eat dinner with my kids and i go to bed x. 30 or 7 at night i eat dinner with my kids and i go to bed and i get up again he says he learns a bit about current events from facebook but he's dead and i get up again he says he learns a bit about current events from facebook but he does. watch your read the news

regularly what he says he does know however is that the u.s. doesn't watch or read the news regularly what he says he does know however is that the u.s. has been too weak for too long we need somebody like trump was going to stand up for our customers been too weak for too long we need somebody like trump was going to stand up for our country and tell them that we're in the united states and they can't sleep with us on tree and tell them that we're in the united states and they can't sleep with us right on danny and i'm in totally in agreement with danny on that one you know the difference between america right on danny and i'm in totally in agreement with danny on that one you know the difference between america and europe again you know is that in america the arak and europe again you know is that in america the idea is that if you lose a job you're in between jobs an idea is that if you lose a job you're in between jobs in europe the idea is working is

a period where you're in between vacations in europe the idea is working is a period where you're in between vacations you know having lived in europe for almost 20 years and you see it particularly you know having lived in europe for almost 20 years and you see it particularly in countries like france where the whole objective of getting up in the morning is to be in countries like france where the whole objective of getting up in the morning is to figure out to get more figure time you're off to be on how vacation again and work is considered evil i'm off to be on vehicle and just word of the work is considered politically weighty evils of time in america pacific and don't even take all the days and considered a complete waste of time in america it's the opposite people don't even take all the days off that they're given they love to work americans love to work that's why this is different than country that off that they're given they love to work americans love to work that's why this is different than country that it is they like to. get up and work all day 'd so this is not necessarily

a story about someone being it it is they like to get up and work all day 'd so this is not necessarily a story about someone being overworked as somebody who's telling you look i don't give a i don't care if i love an overworked as somebody who's telling you look i don't give a i don't care you know i love work and i work them and just jumps making available for me to work more that's what i love about on the court and i work him and just jumps making available for me to work more that's what i love about him the quote for me that is relevant is the woman who says she's so sleepy at time quote for me that is relevant is the woman who says she's so sleepy at times i can't concentrate and to me that is important because we are an empire and we are i can't concentrate and to me that is important because we are an empire and we are a declining empire and this is part of the accumulation of a declining empire and this is part of the accumulation of gold reserves by other

nations people are worried that we are a nation of people so exhausted old geezers by other nations people are worried that we are a nation of people so exhausted and so tired not only are we exhausted on a physical level at the bottom 99 percent and so tired not only are we exhausted on a physical level at the bottom 99 percent of people who are as we said in the last episode 60 percent of americans can't even cent of people who are as we said in the last episode 60 percent of americans can't even pay for their current expenses out of their earnings so the pay for their current expenses out of their earnings so they have to go into debt these are people that are exhausted but on the cable news where our elite messaging is sent out to the people 'd have to go into debt these are people that are exhausted but on the cable news where our elite messaging is sent out to the people not only are people. to exhausted now to even listen to them

and know what they're supposed to think not only are people too exhausted now to even listen to them and know what they're supposed to think but they've run out of ideas they you know you see that in the russia gay stuff you see they've run out of ideas they you know you see that in the russia gay stuff you see that with crazy hillary coming out and saying you know her stuff against like with crazy hillary coming out and saying you know her stuff against chelsea gabbert and jill stein where she's accusing them of being kremlin gabbert and jill stein where she's accusing them of being kremlin. you know agents or something then you see biden also doing the same thing you know agents or something then you see biden also doing the same thing he's like we've got you've got to send me money for my campaign because otherwise russia will take me down he's like we've got you've got to send me money for my campaign because otherwise russia will take me down or something like that so they've run out of ideas on the cable news and here or

something like that so they've run out of ideas on the cable news and here i'm going to turn to the elite class because of course goldman sachs you know they run they're going to turn to the elite class because of course goldman sachs you know they run they there's a revolving door between the banking wall street class especially there's a revolving door between the banking wall street class especially goldman sachs and the halls of power in washington d.c. at the i.m.f. at the one sacks and the halls of power in washington d.c. at the i.m.f. at the world bank at the e.c.b. at the central banks so they are powerful firm and hank paul the world bank at the e.c.b. at the central banks so they're powerful firm and hank paulson was at the head of the treasury when we hit the financial crisis and. was at the head of the treasury when we hit the financial crisis in 2000. 8 and 9 before that of course he was at

goldman sachs so here's 2008 and 9 before that of course he was at goldman sachs so here is some a quote from him matching this exhausted person at the sum of quote from him matching this exhausted person at the deplorable person that has to work for a living here's hank paulson describing the deplorable person that has to work for a living here's hank paulson describing what happened during the financial crisis how a late night phone call what happened during the financial crisis how a late night phone call from warren. 2000 bucks and bought a may have helped to save the u.s. and. may have helped save me the u.s. economy of course of course this this the elite elite class that's right writing in the media they think it's save the u.s. economy and that has nothing to do with why this woman circleville ohio the u.s.

economy and that has nothing to do with why this woman in circleville ohio is totally exhausted having to work several jobs but an october 2008 in the mail is totally exhausted having to work several jobs but an october 2008 in the midst of the financial crisis berkshire hathaway c.e.o. warren buffett made a late night fights of the financial crisis berkshire hathaway c.e.o. warren buffett made a late night phone call to then treasury secretary henry hank paulson with an idea about how they don't call to then treasury secretary henry hank paulson with an idea about how the government might be able to turn the economy around paulson was asleep he had a busy government might be able to turn the economy around paulson was asleep he'd had a busy night working through various policy ideas with his team to restore confidence and wall street night working through various policy ideas with his team to restore confidence and wall street egos on to say. at 1st he woke up he didn't know where

he was who was the ego's on to say 1st he woke up he didn't know where he was who is this person warring call and he said my mom has a handyman named warren person woring call and he said my mom has a handyman named warren and i'm saying who it why is my mom's handyman calling me you know so he was so sleepy he couldn't concentrate warren buffett got him and i'm saying who it why is my mom's handyman calling me you know so he was. so sleepy he couldn't concentrate warren buffett got him and proposed with that tarp fund the start funds that instead of and proposed with that tarp fund the start funds that instead of buying up assets why don't you just inject it directly into the banks he say a-k. buying up assets why don't you just inject it directly into the banks and he say a-k. like in the middle of sleep so it was time paulson it's not

a lack of slick it's about like in the middle of sleep so it was time paulson it's not a lack of slick it's about narcolepsy which accompanying that would be hallucinations so here's a guy who's medical which accompanying that would be hallucinations so here's a guy who's mentally unstable who gets a call in the middle the night from the largest owner and stable who gets a call in the middle the night from the largest owner of bank shares shares in banks in america of bank shares shares in banks in america if you look over warren buffett's portfolio it's mostly banks is that if you look over warren buffett's portfolio it's mostly banks and he is the single biggest owner of shares in banks so he calls the treasury secretary who's on the single biggest owner of shares in banks so he calls the treasury secretary who's a narcoleptic and mentally unstable and said whispers that is there 1 am arkell

uptick and mentally unstable and said whispers that is there 1 am you know what maybe you should just print a few trillion dollars and bail out me bill me out please hank instead of trying to do something and you know what maybe you should just print a few trillion dollars and bail out me bill me out please hank instead of trying to do something in a structural or something that might cost me a penny this could be a great opportunity for me structure. for all or something that might cost me a penny this could be a great opportunity for me warren buffett just give me the money oh it took care of the for all and of course warren buffett just give me the money oh it took care of the for all and of course that's exactly what they did and of course i want to congress own shares in berkshire hathaway and bank stocks they all made that's exactly what they did and of course i want to congress own shares in berkshire hathaway and bank stocks they all may have tons of money again i don't know about

any sort of mental health issues but in terms of tons of money again i don't know about any sort of mental health issues but in terms of whether or not this is predatory or not for warren buffett to call a guy in the middle of the night all these whether or not this is predatory or not for warren buffett to call a guy in the middle of the night all the sleeping and of course reminds me of the predatory hospitals for example where you arrive in a sleeping and of course reminds me of the predatory hospitals for example where you arrive in a perhaps a coma unconscious or you're put under and sedated and then they perhaps a coma unconscious or you're put under and sedated and then they they have a fly by doctor who comes in and racks you know charges you $50000.00 they have a fly by doctor who comes in and racks you know charges you $50000.00 for looking at your chart because he's out of network here the same thing is he's. looking at your chart because he's out of network here the same thing as he's hank paulson is just handed the week before

a few days before $700000000000.00 paulson is just handed the week before a few days before $700000000000.00 without any. like parameters imposed on him buyers without any. like parameters imposed on him by our legislative bodies so congress gives him $700000000000.00 warren buffett calls them in the middle legislative bodies so congress gives him $700000000000.00 warren buffett calls them in the middle of the night says hey give me it and yet it rescues him but here so here's all of the night is this. they give me it like and yet rescues him but here so here's a class like were it also establishes that hank paulson had no idea what to do with the my class like weren't it also establishes that hank paulson had no idea what to do with the money but oh you know we know from testimony that the reason they settle on $700000000000.00 any but oh you know we know from testimony that the reason they settle on $700000000000.00 is for the reason that quote one trillion

sounded too big and quote that's all the for the reason that quote one trillion sounded too big and quote that's all the thinking they did on this so they were out of ideas some saying like the woman that has to work think they did on this so they were out of ideas some saying like the woman that has to work the man who has to work at 430 to sustain all of this fraudulent man who has to work at 430 to sustain all of this fraudulent class this plunder class there are too tired to think here these 2 these people asked us plunder class they're too tired to think here these 2 these people are 2 they're out of ideas they can't even think of an original idea and then a final bill or 2 at their out of ideas they can't even think of an original idea and then finally tying this all together in terms of you know this decline of empire out only tying this all together in terms of you know this decline of empire out of ideas student loans crisis not mideast wars helped army leaders excede rick

of ideas student loans crisis not mideast wars helped army leaders exceed recruiting goals this year says this is from the army times and they say that army leadership gathered to say to hootin goals this year says this is from the army times and they say that army leadership gathered to say to announce that they surpassed their recruiting goal for 2019 signing up more than 68000 ounces they surpassed their recruiting goal for 2019 signing up more than 68000 active duty soldiers before the end of the fiscal year but the long wars in the middle it was an active do. the soldiers before the end of the fiscal year but the long wars in the middle east weren't exactly part of the sales pitch based on his experience visiting $30.00 to $40.00 recruit east weren't exactly part of the sales pitch based on his experience visiting 30 to 40 recruiting stations is here the eventual outcomes of wars abroad are not really part of the discussion being stations as the or the eventual outcomes of wars abroad are not really part of the discussion between potential soldiers and their recruiters said major general frank month he

said one of them between potential soldiers and their recruiters said major general frank month he said one of the national crises right now is student loans so $31000.00 about the average national crises right now is student loans so $31000.00 about the average they owe you can get out of the army after 4 years 100 percent paid for the state college they owe you can get out of the army after 4 years 100 percent paid for the state college anywhere in the united states so these people who are too tired to think the only way i get anywhere in the united states so these people who are too tired to think the only way out of that is to go to college or rack up debts which leaves you then too tired to think because if the work out of that is to go to college or rack up debts which leaves you then too tired to think because if they work 5 or 6 jobs to pay off this debt and pay for obamacare you saying that this is recruiting p. 5 or 6 jobs to pay off this debt and pay for obamacare he's saying that this is recruiting people into this war that they don't even know what as the b.b.c.

established nobody knows what it's worth well into this war that they don't even know what as the b.b.c. established nobody knows what it's where they're for what it's about you know wars become generic in america the brand where they're for what it's about you know wars become generic in america to be branded like world war 2 you had a branded enemy the germans there was a brit like world war 2 you had a branded enemy the germans there was a branded enemy now it's purely generic brand x. we don't even look at who the enemy is is just go into the enemy. now is purely generic brand x. we don't even look at who the enemy is it's just go pay get money pay down debt that's a common has become and the cost of war is cheap pay get money pay down debt that's a common has become and the cost of war is cheap because you just print the money like the generic brand used to be had to actually spend gold to buy because you just print the money like a generic brand used to be had to actually spend gold to buy guns to go kill people

now you just print money buy guns and kill people the cost of wars the guns to go kill people now you just print money buy guns and kill people the cost of war is down in the generic war level you print debt you don't print money you print death on in the generic war level you print debt you don't print money you print death they're printing. makes me sleepy. they're predicting death of makes me sleepy. during the great depression which. during the great depression which i'm old enough to remember there was most of my family were unemployed working class mr

a member there was and most of my family were unemployed working plus other wasn't it was bed in a much worse objective listen today but there was an end it wasn't it was bed you know much worse objective listen today but there was an expectation of the things were going to get better. there was a real sense of hope spic taishan the things were going to get better. there was a real sense of hopefulness there isn't today today's america was shaped by the ton print folders there isn't today today's america was shaped by the turn principles of concentration of wealth and power. reduced democracy attack solid doubt engineer alas oppose a concentration of wealth and power. reduced democracy attack solid doubt engineer elections manufacture can consist

sentiment and another of their preference and spoke holds a cording meaning to not no one can comb step. 11 set of rules for the rich. opposites etc. that's what happens when you put her into the. that's what happens when you put her into the hands of a narrow sector of wilf which will is down to the narrow sector of wilf which will is dedicated to increasing power for chills just as you'd expect one of the most into look at a kid to increasing power virtue of just as you'd expect one of the most influential intellectuals of our time speaks about the modern civilization of the one show intellectuals of our time speaks about the modern civilization of america . america.

is you'll be dia room. is you'll be dia a reflection of reality. collection of reality. in a world transformed. in a world transformed. what will make you feel safe. and. what will make you feel safe. isolation community. isolation community. you go in the right way or are you being

that. are you going the right way or are you being that. direct. what is true what's his fate. what is true what is faith. in the world corrupted you need to descend. in the world corrupted you need to descend. to join us in the death. to join us in the death. or remain in the shallows. or remain in the shallows.

welcome back to the kaiser report imax keyser time now to turn to a very special guest dmitri are a lot of club orloff dot blogspot dot com it's been a few welcome back to the kaiser report imax guys are time now to turn to a very special guest dmitri are a lot of club orloff dot blogspot dot com it's been a few years to me very nice to have you back it's great to be back with you max all righty let's get into a few years to me very nice to have you back it's great to be back with you max all righty let's get into it so you're a russian american living in st petersburg russia you're a russian american living in st petersburg russia what's that like in the days of the anti russian his stash of what's that like in the days of the anti russian hysteria from the so-called liberal america well i would say area from the

so-called liberal america. well i would say that it's same as ever because nobody here has any clue that i've spent a couple of decades at it same as ever because nobody here has any clue that i've spent a couple of decades living in the us i just russian i live in russia it's ok it's living in the us i just russian i live in russia it's the most natural thing imaginable. the united states and the met the most natural thing imaginable. the united states and the madness it gets covered in the news but it's not a major told us to take it gets covered in the news but it's not a major topic of interest to most russians about do only time it really public of interest to most russians about do only time it really comes up is when i.

try talking about the united states to one of comes up is when i. try talking about the united states to one of the local liberals they do exist there are few in number something of an index to local liberals they do exist there are few in number something of an endangered species but they do exist but other to mad it just really doesn't register with the people here trick species but they do exist but other to matt it just really doesn't register with the people here that you know the united states has gone mad it's just it's not on the radar look ere that you know the united states has gone mad it's just it's not on the radar let's you know you wrote a an essay to spend you know you wrote a an essay spend a while now it's called the collapse gap and that's when we 1st were introduced year while now it's called the collapse gap and that's when we 1st were introduced to your work and it was circulated widely here in the in the nomic circles work and

it was circulated widely here in the in. and economic circles and a lot of the things you predicted at that time have come to pass and and a lot of the things you predicted at that time have come to pass and so i want to get your insight into this more thoroughly so what's it so i want to get your insight into this more thoroughly so what's at the root of this near mccarthy a steria in your view in in in america root of this neo mccarthy a steria in your view in in in america is it a symptom of the collapse that you saw coming more than a decade ago and is it a symptom of the collapse that you saw coming more than a decade ago in your essay the collapse gap why have the american liberal elite abandoned their essay the collapse gap why have the american liberal elite abandoned all reason apparently dmitri. well it's because all reason

the parent lee dimitri. well it's because they have nothing to offer they really don't have any tricks left they basically they have nothing to offer they really don't have any tricks left they basically have to admit that everything they've tried has failed glee have to admit that everything they've tried has failed and admit that you know a couple of mitnick they should and that's that or intercept and up until and if not a sions that are ascendant and rust as one of them janice the other one so these is thing to do is just as one of them janice the other one so these is thing to do is to vilify them now with russia it's basically a lot of treaty to vilify them now with russia it's basically a lot of previous investment you know hundreds of. hollywood movies and that's

you know hundreds of. hollywood movies that demonize russia. thousands of hours of cable to demonize russia. thousands of hours of cable television russia becomes blamed for all sorts of things so television russia becomes blamed for all sorts of things so. russia is the prime candidate for demonization it's up there to russia is the prime candidate for demonization it's very difficult to do the same thing to china because that would be considered racist whereas russians speckle to do the same thing to china because that would be considered racist whereas russians pass for white people so russia's state the obvious target but it's sort of chest for white people so russia's state the obvious target but it's sort of shadow boxing because they are really hitting russia there pretty much like when she had 0 boxing because they are really hitting

russia they're. pretty much like watching each other over russia that's what it looks like from here yeah and i think that there's a peach other over russia that's what it looks like from here yeah and i think that there's a point there you know the social justice warriors in the us the hollywood liberal types whenever there is a problem they point there you know these social justice warriors in the u.s. the hollywood liberal types whenever there's a problem they axiomatically just point at russia as the source of the problem and axiomatically just point at russia as the source of the problem and it just strikes anyone who's got any sense of history or any conscious at all it just strikes anyone who's got any sense of history or any conscious at all that just naked bigotry just make it bigotry and but they that just naked bigotry just make it

bigotry and but they but and these are coming from the social justice warriors to you know are going to eat falafel in our butt and these are coming from the social justice warriors to you know are going to eat falafel in our tofu sandwiches and drive a prius but don't seem any problem with just tofu sandwiches and drive a prius but i don't see many problem with just categorically castigating russians in this very almost borgata gurgly castigating russians in this very almost bordering on the hysteria anti-semitic hysteria we see this rant been hearing on the hysteria anti-semitic hysteria we see this rip and bigotry that's exactly the same but the inadvertent hilarity of it is the bigotry that's exactly the same but the inadvertent hilarity of it is that people who are preaching tolerance for you

know range both genders that people who are preaching tolerance for. you know range both genders and. you aren't allowed them to to call them illegal aliens anymore and. you aren't allowed them to to call them illegal aliens anymore whatever you're allowed to call them now you know they're all. in favor whatever you're allowed to call them now you know they're all. in favor of inclusion and at the same time they're the most intolerant people in the world of inclusion and at the same time they're the most intolerant people in the world when it comes to russia it's really remarkable and they don't see the internal contradiction but when it comes to russia it's really remarkable and they don't see the internal contradiction all right i wonder how that works i think whilst for convenience because it's political convenience i wonder how that works i think whilst for convenience because it's political convenience let's talk about some economic things are so russia kids

selling dollars and buying well let's talk about some economic things are so russia kids selling dollars and buying gold all at the current rate russia will be the 3rd largest holder of gold within the gold all at the current rate russia will be the 3rd largest holder of gold within the next few months behind only the u.s. and germany what's going on here dimitri well russia has sold its u.s. debt holdings. few months behind only the u.s. and germany what's going on here dimitri well russia has sold its u.s. debt holdings it is buying gold but it's also a major gold producer so mostly it's buying what it is buying gold but it's also a major goal producer so mostly it's buying what it makes its supporting its domestic production of gold production now it makes its supporting its domestic production of gold production now in terms of its being number 3 i don't even know if that's that's true anymore because we don't know how terms if it's being number

3 i don't even know if that's that's true. anymore because we don't know how much gold the united states has left because any time anybody asked for their much gold the united states has left because any time anybody asks them for their gold back from the united states that they have on deposit in the united states gold back from the united states that they have on deposit in the united states the answer was no sorry sometimes they got a little bit the answer was no sorry sometimes they got a little bit of gold back sometimes it was the wrong gold it wasn't the gold that was put out of gold back sometimes it was the wrong gold it wasn't the gold that was put on deposit to begin with germany asked for its gold back got a little bit back on deposit to begin with germany asked for its gold 'd back got a little bit back and then eventually just quietly gave up trying to repatriate its

gold. there's and then eventually just quietly gave up trying to repatriate its gold. there's a good chance that the u.s.'s sold that gold holdings off to china just to keep china the chance that the u.s.'s sold that gold holdings off to china just to keep china from dumping its debt which would just completely destroy the united states financially and from dumping its debt which would just completely destroy the united states financially and so russia could very well be number one in terms of gold holdings but what at me what that mean and so russia could very well be number one in terms of gold holdings but what at me what that means this that russia will be able to pull off what it's been trying to pull off which is trace this that russia will be able to pull off what it's been trying to pull off which is trade with countries around the world using their own currencies while it with countries around the world using their own currencies while while backing the transactions with with guarantees based on gold gold reserves well backing the transactions with

with guarantee. based on gold gold reserves they're well on their way to being able to achieve that i think right so that they're well on their way to being able to achieve that i think right so the dollar is world reserve currency is seemingly having the day the dollar is world reserve currency is seemingly having the days are numbered and we've got countries like russia and china and others these are numbered and we've got countries like russia and china and others deciding to drop out of the dollar and move on that's certainly siding to drop out of the dollar and move on that's certainly a sea change in the global economy it now it we know you mention china sea change in the global economy it now it we know you mention china a little bit here there seems to be a growing awareness in the u.s.

now here there seems to be a growing awareness in the u.s. now. about china is a swelling paranoia. about china is a swelling paranoia at this at this time. and you know at this at this time. and you know. from an economic perspective what i see would be from an economic perspective what i see would be a legitimate reason to to kind of feed her child to china a legitimate reason to to kind of feed her child the chinese economy as relates to the u.s. economy i mean they're building something over there he's economy as relates to the u.s. economy i mean they're building something over there i'm not sure the u.s. quite understands what's happening what do you see i'm not sure the u.s.

quite understands what's happening what do you see. well china has the most successful economic model in the world well china has the most successful economic model in the world ever the transition that has occurred in china to propel it from world ever transition that has occurred in china to propel it from basically an economic backwater 2nd little agrarian economy basically an economic backwater 2nd little agrarian economy to the world's number one economy i would think surpassing did i mean to the world's number one economy i would think surpassing the united states in 50 years it's been an absolutely remarkable state that it states in 50 years it's been an absolutely remarkable state and a system that they put in place it's not communism it's not anything that karl marx

and the system that they put in place it's not communism it's not anything that karl marx or his followers could have possibly imagined you know mother tongue was a fox or his followers could have possibly imagined you know mother joan was a follower a fan of peter crockett who was a socialist anarchist oh or a fan of peter crockett who was a socialist anarchist. what i think the chinese model actually is if stalin isn't to point out what i think the chinese model actually is if stalin has a 2.0 with what a lot of bugs fixed and a lot of patches. with with a lot of bugs fixed and a lot of patches. it was also very successful model in the soviet union while stalin was alive and it was also very successful model in the soviet union while stalin was alive double digit growth every year just

a remarkable double digit growth every year just a remark. well achievement in terms of in terms of economic performance but then achievement in terms of in terms of economic performance but then after stalin died christopher came to power and pretty much wrecked after stalin died christopher came to power and pretty much wrecked the whole thing including the relationship with china but now russia has also embrace the whole thing including the relationship with china but now russia is also bracing a sort of stalin as of 2.0. and it's an sort of stalin has a $2.00. and it's a very solid mix of large state owned enterprises a very solid mix of large state owned enterprises and a large mix of private companies as well as

a large mix of private companies as well keeps they all the guard under control under political control keeps they all the guard under control under political control. and actually manages to to manage public effect up and actually manages to to manage public affairs so that the common good is sublevel served us so that the common good is sublevel served china stands to eradicate poverty in another couple of years russia has china stands to eradicate poverty in another couple of years russia has made strides in that direction as well so this is a model that works has made strides in that direction as well so this is a model that works and the united states and the collective west don't have

anything at all to offer and the united states and the collective west don't have anything at all to offer. that is like that that is equally expected and said there cringing. that is like that that is equally expected and said there cringing and their sheer flow. you know that they want to somehow escape their sheer flow. you know that they want to somehow escape their predicament it's basically having nothing to offer right so predicament and it's a great having nothing to offer right so stone isn't 2.0 it doesn't sound like a great branding exercise stalin ism 2.0 it doesn't sound like a great branding exercise for china or you know this is eyes for china or you know this is. let's dig into this

a little bit so you know you have china the rise to power is from. let's dig into this a little bit so you know you have china the rise to power is from. the very it's a strong armed rise to power. the very it's a strong armed rise to power that this is a very very controlled society this is a society with a very this is a very very controlled society this is a society with very few free speech rights very few rights and few free speech rights very few rights and they are emerging it becoming a dominant cult economy in the they are emerging it becoming a dominant cult economy in the world. and then.

us sat of course of our course our cost same going to $50.00 back to 6060 years there's that we had we had a world a world war a war ok and the us and these you can't say mass for that came out of that war with it was more. of a free speech it's much bottle of free speech of bill of rights etc becoming a global standard so let me ask you the bill of rights etc becoming a global standard so let me ask you this the the the future if it's purely economic as the the the future if it's purely economic would favor the strong hand so michael would favor the strong hand the some might call the dead hand of of an autocracy of the dead hand of of an autocracy

but so is you know is the western model is the u.s. so is you know is the western model is the u.s. model dead completely. or will their model dead completely. or will there be a pushback so in other words you know if you put me in a position where i'm not be pushed back so in other words you know you put me in a position where i'm going to have to push back and say that the the u.s. model going to have to push back and say that the the us model. could could could offer some some. could could could offer some some. you know what what are your thoughts well i know. no i see the

united states as the most you know what what are your thoughts well i don't know i see the united states as the most you know corrupt country in the world 'd so corrupt that they have legalized corruption it's called you know corrupt country in the world so corrupt that they have legalized corruption it's called lobbying and you know china and russia have so are being and you know china and russia have successfully combat corruption so that they're quite effective at this point. tesla combat corruption so that they're quite effective at this point. russia went through a period of time where they were actually execute russell went through a period of time where they were actually executing thousands of corrupt officials every year but that has stopped there they've stopped getting thousands of corrupt officials every year but that has stopped there they've stopped executing corrupt officials what because corrupt officials are dead they don't exist anymore

executing corrupt officials why because corrupt officials are dead they don't exist anymore. now whether their system is liberal or not as it is cite the. now whether their system is liberal or not as it is cite the point because nobody's going to dictate their terms to china or to russia for that point because nobody's going to dictate their terms to china or to russia for that matter from that point of view western liberalism is just completely dead every matter from that point of view western liberalism is just completely dead everybody in the world every sovereign nation in the world from now on is going to set their own standards for we've already in the world every sovereign nation in the world from now on is going to set their own standards for what they will tolerate and what they want and the united states and other western but they will tolerate and what they want and the united states and other western countries will have absolutely no say. right so i

guess it comes down to countries will have absolutely no say. right so i guess it comes down to really a discussion of centralization vs decentralization and so far really a discussion of centralization vs decentralization and so far decentralization has been the winning strategy but let's cut off their cars are out of time centralization has been the winning strategy but let's cut off their cars are out of time thanks so much for being on the kaiser report to me. thank you ok i'm thanks so much for being on the kaiser report to me. thank you ok that's going to do it for this edition of the kaiser report with me max kaiser and stacey or would like to thank our guest i mean that's going to do it for this edition of the kaiser report with me max kaiser and stacey or would like to thank our guest dimitri our loft if you want to catch us on twitter it's kaiser report until next time our loft if you want to catch us on twitter it's kaiser report until next time.

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pentagon says it's not ready to release the video evidence the. pentagon says it's not ready to release the video evidence to back up the claim it's killed the leader of islamic state in syria we look at how the world's most wanted to back up the claim it's killed the leader of islamic state in syria we look at how the world's most wanted terrorist avoided detection of the. legal team arest avoided detection of the sudden. legal. advisor who was charged with lying to investigators alleges. that he was charged with lying to

investigators the. f.b.i. . the f.b.i. . spector. spector. most people in the country think islam is incompatible. most people in the country think islam is incompatible with french society. french society.