during the past 3 decades to fight corruption and to normal during the past 3 decades to fight corruption and to normalize the situation in the country like any other country. in the country like as many other places and. this is most unlikely i believe that i clearly and i believe it is leave the country but. particularly if it is leading the country towards a political crisis and it might be even as it was for. the way it did. me whenever it is a place where you have heard it faced a deadlock it would. refer to violence as it would. refer to violence and this violence would divert the attention of the people to words and other things via confidence and wouldn't. tension of the people towards

other concerns meanwhile there will be an economic recession. meanwhile there will be an economic recession there really any economic crisis. like it happened 'd like that make it an instance in many instances in the history of lebanon when we. exult a population of because although peacefully from the exhaust from the country 3. 'd great. medicine it cannot. take in america or africa australia and other parts of the word. or africa australia and other parts of the word. with updates from here around half an hour stands here. with updates from here around half an hour stanza. i

am. i am. hooked additional subversive so i know what was it gets up to linger some. cooked additional subversive so i know what was it gets up to linger some of these it's inconsistent with what you're looking is no no no please it's just a butcher looking it's nice knowing. you want to. see him do you. see him do you have seen him if you can also post me. look with a showing at the pseudonym if you can also post me. look at the showing of the bread looks kind of funny since last night when i checked it was in a metal can get me to make people shoot the movie. of the scene so you can go to.

this one falls a little chip in the quote of shipping. yet when you have most of them out of the pit bull we should be able to see employ the person actually i'm still not sure who's you know so i don't know what the war. was you know so i don't know what that or. if it was the latest news in the past. cliff was the latest news in the puss has. stood us national. boys and he's all grown up like the yeti out of a place like this was one of the 1st suckers was the 1st one so have. told us to do some little research students are in the store oh yeah i did all of this a little.

from. america. from the. from from. you from. 2 from. you. it's time to it's time to wake up wake up it's come it's a report sir i'm a report i'm max kaiser fully fully aware. it seems like

i'm in the in the minority on that and that's a score or. so max we have a theme running through the 1st. max we have a theme running through the 1st 2 to have lines of course on this course on this and infest back to us so that infrastructure it also builds at least if 3rd of its fleet and sleepwalking through imperial decline perhaps because the 1st had locking through imperial decline perhaps because the 1st headline is what rural ohio makes of turkey syria kind is what rural ohio makes of turkey syria crisis so this is the b.b.c. and they went to ohio and the rural area isis so this is the b.b.c. and they went to ohio and the rural areas outside of the cities where you know they

had had the recent is outside of the cities 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 role potomac radek debates and the b.b.c. sent a journalist there to find out whether or not the rural people their people their. we're. cool to what you. eat then b. schools insult to what you saw on m.s.n. b c and c.n.n. and then the political class of the democrats across. as really aged as outraged as trump pulling out of syria like that and what they found is that just over 3 has trump pulling out of syria like that and what they found is that just over 300 away from this is a good way from in the small town of well the l o o o the town of circleville ohio the come on great great push live and cool political

tell mary military seemed distant and the season we thought hazy thought i haven't followed it that much really says friend bush a circle that i haven't followed it that much really says friend bush a circleville resident our pastor is always saying to pray for the president and i'm trying to resident our pastor 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 trying to listen and see what's going on but i get so sleepy at times i can't concentrate . you know no hey you know this is interesting for can't concentrate. you know no hey you know this is interesting for a couple of reasons 1st of all the disconnect between the backups majority remains very 1st of all the disconnect between the vast majority of american and one's people and what. little news is used to juge. and what

people on cable news think everyone should get outraged about nobody in america pays any and is think everyone should get outraged about nobody in america pays any attention to whatsoever and this is what led to traumas victory in 2016 and into whatsoever and this is what led to traumas victory in 2016 and what setting him up for a victory in 2020 what's interesting is that somebody from the b.b.c. you know what setting him up for victory in 2020 what's interesting is that somebody from the b.b.c. you know there's somebody from the foreign press who comes over into america somebody from the foreign press who comes over into america and you know what stand up foot into you know. what. would you know you would be quickly where the fact that wet there are

a film 300 bad 1000000 americans are all that are almost 300000000 care about what happens that happens and don't cable news they just get from care about what happens on tuesday builds on is they just get and set from sun to sunset putting in putting their in and their hour hours take our care is taken care care they their kids day doing today they're doing their job doing the best thing they can bend best they can and they're living in a country that they're very happy to be living in you know watch and get a level of listening to the b.b.c. entree 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 cover america all day long on the b.b.c. and it when we see is probably figuring you know we cover america all day long on the b.b.c. and when we go to america apparently they are not really doing the things that we think that they're doing but go to america apparently 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 in the seventy's we used to watch these programs there's the other

side too which is when i grew up in. seventies we used to watch these programmes about how the great american next millennium what it would be about how the great american next millennium what it would be was a time of leisure and that we would have time with our family and there were be these robots and stuff like the time of leisure and then we would have time with 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 about 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 better but in fact what you're seeing a lot of time like things would get better but in fact what you're seeing in much of the country where the deplorable xl live is that they have to work too in much of the country where the deplorable xl live is that they have to work 2 or 3 or 4 jobs that they have to run in this like faster and faster 3 or 4 jobs that they

have to run in this like faster and faster just to stay even with their debt just to make the minimum monthly bus or just to stay even with their debt just to make the minimum monthly debt payments on their credit cards that are needed in order to sustain debt payments on their credit cards that are needed in order to sustain their life i.e. the basics the maslow's basic message of these food in their life i.e. the basics the maslow's basic message these food shelter health care those have to all be put to death at shelter health care those have to all be put to death it's ratcheted up these costs are massive so you have people that are tough it's ratcheted up these costs are massive so you have people that are tired and too tired to think because they're working nonstop and hired and too tired to

think because. they're working nonstop and that's a danger because in washington d.c. they don't have to work that that's a danger because in 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 and hard because they just live off the plunder of your taxes so they're fresh faced him and bushy bushy tailed like taking all your money here they talk to another and bush bushy tailed like taking all your money here they talked to another guy in this town circleville ohio and he was at the pumpkin show and is our guy in this town circleville ohio and he was at the pumpkin show and his name was danny evans a construction laborer who said he was too busy with work and it seems the caravan the evans a construction labor what was he set up the winnings to do you're busy with work or understand to care about what we found was happening in syria or i leave it on

a stick around i leave at 4 30 in the morning and i get home at 630 or 7 at night i eat 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 and i get up again he says he learns a bit 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 doesn't watch or read the news regularly what he about current events from facebook but he 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 says he doesn't 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 country and tell them that we're in the united states and 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 right on banning i'm totally in agreement with them and

they can't sleep with us right on by. nauman totally in agreement with danny on that one you know the difference between america and europe again you know is that on that one you know the difference between america and europe again you know is that in america the idea is that if you lose a job in america the idea is that if you lose a job you're in between jobs in europe the idea is working you're in between jobs 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 is a period where you're in between vacations you know having lived in europe for almost 20 years and you see it particularly in countries like france where the whole and you see it particularly in countries like france where the whole objective of getting up in the morning is to figure out how to get more time off

how to be on the objective of getting up in the morning is to figure out how to get more time off how to be on vacation and work is considered evil and considered a complete waste of time and imitation and work is considered evil 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 lark 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 it is they like to get up and work all day 'd so this is of the work that's why this is different than country that it is they like to get up and work all day so this is not necessarily a story about someone being overworked as somebody who's telling you look not necessarily a story about someone being 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 him and just jumps make an invaluable and give it i don't care you know i love work and i work him and just jumps make an invaluable for me to work more that's what i love about him the quote for me that is relevant is that woman he says she's so sleepy at times i can't. concentrate and

to me that is important 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 times 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 because we are an empire and we are a declining empire and this is part of the accumulation of gold reserves by other nations people are worried that some of the accumulation of gold reserves by other nations people are worried that we are a nation of people so exhausted and so tired not only are we exhausted on if 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 of people who are as we said in the last episode 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 pay for their current expenses and

60 percent of americans can't even pay for their current expenses out of their earnings so they have to go into debt these are people that are exhaust 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 mass loss did but on the cable news where our elite messaging is sent out to the people 'd not only are people too exhausted now to even listen to that aging is sent out to the people 'd 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 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 with crazy hillary coming out and saying you see that in the russia gay stuff you see with crazy hillary coming out and saying you know i heard stuff against chelsea gabbert and jill stein where she's accused you know her stuff against

chelsea gabbert. and jill stein where she is accusing them of being kremlin. agents or something then using them and being kremlin. 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 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 or something like that so they've run out of ideas because otherwise russia will take me down 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 is 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 there's a revolving door between the sacks you know they run they there's a revolving door between the banking wall street class especially goldman sachs and the halls of power and washing banking wall street class especially goldman sachs

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're d.c. at the i.m.f. at 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 trip powerful firm and hank paulson was at the head of the treasury when we hit the financial crisis in 2008 and $9.00 before that of course when we hit the financial crisis in 2008 and 9 before that of course he was at goldman sachs so here is some of the quote from him matching this exhausted person at the deplorable person that has to work for a living here's or if he was at goldman sachs so here is some quote from him matching this exhausted person the deplorable person that has to work for a living here's hank paulson describing what happened during the financial crisis

hank paulson describing what hap. and during the financial crisis how a late night phone call from warren buffet in 2008 how a late night phone call from warren buffett in 2008 may have helped save the u.s. economy of course this may have helped save the u.s. economy of course this elite class writing in the media think it saved the u.s. economy and that has nothing to test writing in the media think it save the u.s. economy and that has nothing to do with why this woman and circleville ohio is totally exhausted having to work several jobs do with why this woman and circleville ohio is totally exhausted having to work several jobs but an october 2008 in the midst of the financial crisis berkshire hathaway c.e.o. but an october 2008 in the midst of the financial crisis berkshire hathaway c.e.o. warren buffett made a late night phone call to then treasury secretary henry hank policia warren

buffett made a late night phone call to then treasury secretary henry hank paulson with an idea about how the government might be able to turn the economy around and with an idea about how the government might be able to turn the economy around paulson was asleep he had a busy night working through various policy ideas with his team to paulson was asleep he'd had a busy night working through various policy ideas with his team to restore confidence and wall street egos on to say 1st he woke up the store of confidence and wall street he goes 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 he didn't know where he was who is this person warring call and he said my mom has a handyman named warren and i'm saying who it why is my mom's handy 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 comment calling me you know so he was.

so sleepy he couldn't concentrate warren buffett got him and proposed with that tarp fund the starts and straight warren buffett got him and proposed with that tarp fund the start funds that instead of buying up assets why don't you just inject it directly into funds that instead of 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 high put to the banks and he say a-k. like in the middle of sleep oh it was high paulson it's not a lack of slick it's about narcolepsy which accompanying that would be a whole lesson it's not a lack of slick it's about narcolepsy which accompanying that would be hallucinations so here's a guy who's mentally unstable who gets a call in the middle the night with the nations so here's a guy who's mentally unstable who gets a call in the middle the night from the largest owner of bank shares shares in bank

from the largest owner of bank shares shares in banks in america if you look at old warren buffett for folio it's. in america if you look at old warren buffett for folio it's mostly banks and he is the single biggest owner of shares in banks so mostly banks he is the single biggest owner of shares in banks so he calls the treasury secretary who's a narcoleptic and mentally unstable and he calls the treasury secretary who's a narcoleptic and mentally unstable and said whispers that is there 1 am you know what maybe you should just print a few truths it 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 dollars and bailout me bill me out please hank instead of trying to do something in a structural or something that might cost me

a penny instead of trying to do something in a structure. all or something that might cost me a penny this could be a great opportunity for me warren buffett just give me the money 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 that's exactly what they did and of course i want to congress own shares in 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 tons of money again i don't know about any sort of berkshire hathaway and bank stocks they all made 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 war 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 the sleeping and of course reminds me of the predatory hosp offit 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 perhaps a coma unconscious or your spittles for example where you arrive in a perhaps

a coma unconscious or you're put under an sedated and then they they have a fly by doctor who comes in and racks you know put under and sedated and then they they have a fly by doctor who comes in and racks you know charges you 50000 dollars for looking at your chart because he's out of network he charges you $50000.00 for looking at your chart because he's out of network here the same thing is he's hank paulson is just handed the weekly fare of the same thing as he's hank paulson is just handed the week before a few days before $700000000000.00 without any. like or a few days before $700000000000.00 without any. like parameters imposed on him by our legislative bodies so congress gives him 7 parameters imposed on him by our legislative bodies so congress gives him $700000000000.00 warren buffett calls him in the middle of the night says hey give me it like. a $1000000000.00 warren

buffett calls him in the middle of the night and says hey. give me it like and yeah rescues him but here so here's a class like we're also established rescues him but here so here's a class like we're it also establishes that hank paulson had no idea what to do with the money but oh you know we know from testimony that there was 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 is for the reason that quote one trillion sounded nice settle on $700000000000.00 as 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 was 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 the man who has to work at 430 to sustain like the woman that has to work the man who has to work at 430 to sustain all of this fraudulent class this plunder class they're too tired to all of this fraudulent class this plunder class

they're too tired to think here these 2 these people are too they're out of ideas they can't even think of another think here these 2 these people are 2 they're out of ideas they can't even think of an original idea and then finally tying this all together in terms of original idea and then finally tying this all together in terms of you know this decline of empire out of ideas student loans crisis not mideast love you know this decline of empire out of ideas student loans crisis not mideast wars helped army leaders exceed recruiting goals this year says this is from the army times and 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 announce that they surpassed their recruiting goal for $21.00 they say that army leadership gathered to say to announce that they surpassed their recruiting goal for 2019 signing up more than $68000.00 active duty soldiers before the end of the

fiscal year teens signing up more than $68000.00 active. 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 here but the long wars in the middle east weren't exactly part of the sales pitch based on his experience visiting 30 to 40 recruiting stations osier the eventual outcomes of war his experience visiting 30 to 40 recruiting stations this year the eventual outcomes of wars abroad are not really part of the discussion between potential soldiers and their recruiters said major is a broader not really part of the discussion between potential soldiers and their recruiters said major general frank month he said one of the national crises right now is student loans so if you're gen frank month he said one of the 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 30 $1000.00 about the average 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 2 tires 100 percent paid for the state college

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 i have 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 they work 5 or 6 jobs to pay off this debt and pay for it leaves you then too tired to think because if they work 5 or 6 jobs that pay off as debt and pay for obamacare you saying that this is recruiting people into this war that they don't even know what as 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 is where there for what it's about you know wars become generic the b.b.c. established nobody knows what it's where there for what it's about you know wars become generic and america used to be branded like world war 2 you had a branded enemy in america you should be branded like world war 2 you had a branded enemy the germans there was a branded enemy now it's purely generic brand x.

the germans there was a branded 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 commie 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 because you just print the money like the generic brand used to be had them and it has become and the cost of war is cheap 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 actually spend gold to buy 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 doesn't kill people the cost of war is down in the generic war level you print debt you don't print money you print death they're printing. of makes you don't print money you print death they're printing. of makes me sleepy.

so what we've got to do is identify the threats that we have it's crazy so what we've got to do is identify the threats that we have it's crazy. let it be an arms race. spearing dramatic. let it be an arms race. spearing dramatic development only mostly exists i don't see how the

development only mostly exists i don't see how that strategy will be successful ready. to sit down will be successful ready. to sit down and talk. and talk.

welcome back to the kaiser. welcome back to the kaiser report imax keyser time now to turn to a very special guest dmitri orloff of club or lawyer to imax keyser time now to turn to a very special guest dmitri orloff of club orloff dot blogspot dot com it's been a few years of major nice to have you back off dot blogspot dot com it's been a few years to me 3 nice to have you back it's great to be back with you max all righty let's get into it so you're all right 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 what's that lush an american living in st petersburg russia what's that like in the days of the anti russian hysteria from the so-called like in the days of the anti russian hysteria from the so-called liberal america well i would say that it's same as ever because

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 living in the us 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 the most natural thing imaginable it's just russian i live in russia it's the most natural thing imaginable. the united states and the madness it gets covered in the news but it's not a major topic of interest to. the united states and the madness it gets covered in the news but it's not a major topic of interest to most russians about do only time it really comes up is when i most russians about the only time it really comes up is when i. try talking about the united states to one of the local liberals. try talking about

the united states to one of the local liberals they do exist there are few in number something of an endangered species but they do exist but they do exist they're few in number something of an endangered species but they do exist but other dramatic just really doesn't register with the people here that you know the united states has gone the other dramatic just really doesn't register with the people here that you know the united states has gone mad they're just it's not on the radar let's you know you remember it just it's not on the radar let's you know you wrote a an essay to spend a while now it's called the collapse gala to again i say to spend a while now it's called the collapse gap and that's when we 1st were introduced to your work and it was circulated widely up and that's when we 1st were introduced to your work and it was circulated widely here in the in the nomic circles and

a lot of the things you predict erin in. and economic circles and a lot of the things you predicted at that time have come to pass and so i want to get your insight that did at that time have come to pass and so i want to get your insight into this more thoroughly so what's at the root of this neo mccarthy is into this more thoroughly so what's at the root of this neo mccarthy a steria in your view in in in america is it a symptom of the collapse of steria in your view in in in america is it a symptom of the collapse that you saw coming more than a decade ago in your essay the collapse gap wops that you saw coming more than a decade ago in your essay the collapse gap why have the american liberal elite band and all reason apparently i have the american liberal elite abandoned all reason apparently dmitri. well it's because they have nothing to offer they remain

free. well it's because they have nothing to offer they really don't have any tricks left they basically have to admit to we don't have any tricks left they basically have to admit that everything they've tried has failed and admit that you know that everything they've tried has failed. admit that you know there are a couple of nations that are ascendant and russia has one of them china state are a couple of nations that are ascendant and russia has one of them china is the other one so these is thing to do is to vilify them now with rather one so these is thing to do is to vilify them now with russia it's basically a lot of previous investment you know hundreds of it's basically a lot of previous investment and you know hundreds of. hollywood movies that demonize russia because of hollywood movies that demonize russia.

thousands of hours of cable television their russia big. thousands of hours of cable television their russia becomes lame comes later in tasteless sort so so. the russia is the prime candidate for demonization it's very difficult to do the same thing to china then candidate for demonization it's very difficult to do the same thing to china because that would be considered racist whereas russians pass for white people so russia because that would be considered racist whereas russians pass for white people so russia's state the obvious target but it's sort of shadow boxing because they are really the state the obvious target but it's sort of shadow boxing because they are really hitting russia they're pretty much like bunching each other out over russia 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 point there you know the social justice 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 warriors in the us the hollywood liberal types whenever there is a problem they axiomatically just whenever there is a problem they axiomatically just point out russia as the source of the problem and it just strikes anyone who point that russia as the source of the problem and it just strikes anyone who's got any sense of history or any conscious at all that just naked it's got any sense of history or any conscious at all that just naked bigotry just make it bigotry and but they but and these are coming from the social

justice we get 3 just make it bigotry and but they but and these are coming from the social justice warriors who you know are going to eat falafel in our tofu sandwiches and drive a prayer sue you know are going to eat falafel in our tofu sandwiches and drive a prius but i don't see many problem with just categorically castigating 3 s. but i don't see many problem with just categorically castigating russians in this very almost bordering on the hysteria and russians in this very almost bordering on the hysteria anti-semitic hysteria we see this rip and bigotry that's exactly the anti-semitic hysteria we see this rip and bigotry that's exactly the same but the inadvertent hilarity of it is that people who are preaching taught in a say but inadvertent hilarity of it is that people who are preaching tolerance for you know range both genders and. motorists who are. you know range both genders and

. you aren't allowed them to to call them illegal aliens anymore whatever you're allowed to call them now 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 of inclusion and at the same you know they're all. in favor of inclusion and at the same time they're the most intolerant people in the world when it comes to russia it's them 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 i wonder how that works it's really remarkable and they don't see the internal contradiction i wonder how that works i think whilst for convenience because it's political convenience let's talk about some economic 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 gold all at the current 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 next few months behind only the 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 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 sold its u.s. debt holdings it is buying gold but it's also a major goal producer so mostly it's buying what it makes it's a major goal producer so mostly it's buying what it makes it's supporting its domestic production of gold production now in terms of its being number 3 i don't support 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 much gold the united states hasn't even know that that's. anymore because we don't know

how much gold the united states has left because any time anybody asks them for their gold back from the united because any time anybody asks them for their gold back from the united states that they have on deposit in the united states the answer was no states that they have on deposit in the united states the answer was no sorry sometimes they got a little bit of gold back settle. sometimes they got a little bit of gold back sometimes it was the wrong gold it wasn't the gold that was put on deposit to begin with times it was the wrong gold it wasn't the gold it was put on deposit to begin with germany asked for its gold back got a little bit back and then eventually just quietly germany asked for its gold back got a little bit back and then eventually just quietly gave up trying to repatriate its gold. there's a good chance that the u.s.'s sold at 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 from dumping its debt which would go to all things off to china just to keep china from dumping its debt which would just completely destroy the united states financially and so russia could very well be a number 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 means this that russia will be able to 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 trade with countries around the world to pull off what it's been trying to pull off which is trade with countries around the world using their own currencies while while backing the transactions using their own currencies while while backing the transactions with with guarantees based on gold gold reserves

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

now there's enough phobia about china is a swelling paranoia at this at this time about china is a swelling paranoia at this at this time. and you know. from an economic. and you know. from an economic perspective what i see would be a legitimate reason to respect what i see would be a legitimate reason to to kind of feed her china the chinese economy as relates to the u.s. to kind of feed her giant the chinese economy as relates to the u.s. economy i mean they're building something over there i'm not sure the u.s. quite 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 well china had understands

what's happening what do you see. well china has the most successful economic model in the world ever the transition that's the most successful economic model in the world ever the transition that has occurred in china to propel it from basically an economic back what has occurred in china to propel it from basically an economic backwater 2nd little agrarian economy to the world's water 2nd little agrarian economy to the world's number one economy i would think surpassing the united states interest number one economy i would think surpassing the united states in 50 years it's been an absolutely remarkable state and a system that they've put in the years it's been an absolutely remarkable state and a system that they've put in place it's not communism it's not anything that karl marx or his followers could have 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 follower a fan of it or possibly imagined you know mother tongue was a follower a fan of peter cook pocket who was a socialist anarchist. what i think provide good who was a socialist anarchist. what i think the chinese model actually is if stalin has a 2.0 with what a lot of the chinese model actually is if stalin has a 2.0 with with a lot of bugs fixed and a lot of patches. it was also there are bugs fixed and a lot of patches. it was also very successful model in the soviet union stalin was alive double digit growth a successful model in the soviet union stalin was alive double digit growth every year just a remarkable achievement to turn to for every year just

a remark. well achievement in terms of in terms of economic performance but then after a style that does if in terms of economic performance but then after stalin died christopher came to power and pretty much wrecked the whole thing including the relationship. crush of came to power and pretty much wrecked the whole thing including the relationship with china but now russia is also bracing a sort of stalin as a to point to a china but now russia is also bracing a sort of stalin as of 2.0. and it's a very. it's a very solid mix of large state owned enterprises and a large well it mix of large state owned enterprises and a large mix of private companies as well keeps the next.

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

all to offer. that is like that that is equally affected and so there cringing and they're fearful. really affected and so they're cringing and they're fearful. you know that they want to somehow escape their predicament and they you know they they want to somehow escape their predicament and this is great having nothing to offer right so stalin ism 2.0 it basically having nothing to offer right so stalin ism 2.0 it doesn't sound like a great branding exercise for art it doesn't sound like a great branding exercise for china or you know this is. china or you know this is. let's dig into this a little bit so you know you have china let's dig into this

a little bit so you know you have china the rise to power is from. the rise to power is from. the very it's a strong armed rise to power that this is a very very it's a strong armed rise to power that this is a very very controlled society this is a society with very few free speech very controlled society this is a society with very few free speech rights very few rights i and they are emerging it because rise very few rights i and they are emerging becoming a dominant cult economy in the world and coming a dominant cult economy in the world and the us of course going back 5060 years we had a world the u.s.

of course going back 5060 years we had a world war ok and the u.s. came out of that war with its war ok and the u.s. came out of that war with its model of free speech bill of rights etc. model of free speech of bill of rights etc becoming a global standard so let me ask you this the the the feed coming a global standard so let me ask you this the the the future if it's purely economic would favor. if it's purely economic would favor the strong hand some might call the dead hand the strong hand some might call the dead hand. of of an autocracy but so is of an autocracy but so is the

you know is the western model is the us model dead. you know is the western model is the us model dead completely. or will there be a pushback so in other words plainly. or will there be pushback so in other words you know you put me in a position where i'm going to have to push back and say 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. could could could that the the u.s. model. could could could be offer some some. ringback you know what what are your thoughts we offer some some. 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 well i don't know i see the united states as the most you know corrupt country in the world so corrupt that they've legalized corruption it's called lobbying and world so corrupt that they've legalized corruption it's called lobbying and you know china and russia have successfully combat it corruption so that you know china and russia have successfully combat corruption so that they're quite effective at this point. russia went through a period of time where they're quite effective at this point. russia went through a period of time where they were actually executing thousands of corrupt officials or they were actually executing thousands of corrupt officials every year but that has stopped there they've stopped executing corrupt officials why every year but that has stopped there they've stopped executing corrupt officials white. because corrupt officials are debt they don't exist anymore. now because corrupt officials

are debt they don't exist anymore. now whether their system is liberal or not as it is cite the point because nobody is going to dictate whether their system is liberal or not as it decide the point because nobody is going to dictate their terms to china or to russia for that matter from that point if you hate their terms to china or to russia for that matter from that point of view western liberalism is just completely dead everybody in the world every sovereign new 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 what they will tolerate and what they wish and 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 countries will have absolutely no say won't and the united states and other western countries will have absolutely no say. right so i guess it comes down to really a discussion of central is that. right so i guess it comes down to really

a discussion of centralization vs decentralization and so far decentralization has been the winning station versus decentralization and so far decentralization has been the winning strategy but let's cut off their cars are out of time thanks so much for being on the kaiser added say but let's cut off their cars are out of time thanks so much for being on the cars report to me. thank you ok that's going to do it for this edition of the kaiser report dimitri 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 dmitri orloff you want to cut pork with me max kaiser and stacy here would like to thank our guest dmitri orloff if you want to catch us on twitter it's kaiser report until next time. just on twitter it's kaiser report until next time.

join me everything on the alex i'm unsure and i'll be. joined me everything on the alex i'm i'm sure i'll be speaking to guest of the world of politics sports business i'm showbusiness he's speaking to us of the world of politics sports business i'm show business i'll see you then. i'll see you then.

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top diplomats from russia turkey and around the. top diplomats from russia turkey and around them. for the peace talks to syria syria the launch of a constitution from the committee for. comfort. and comfort. in other news the pentagon says said that it is not yet. in other news the pentagon's has said that it is not yet ready to release video evidence to prove that he killed a major of islamic state in the city ready to release video evidence to prove that he killed. the leader of the islamic state in syria would be taking a look at how the world's most wanted terrorist wanted to avoid detection for syria

to be taken a look at how the world's most wanted terrorist one is to avoid detection of the. illegal to legal team of donald trump donna's former. adviser who was charged with lying to investigators alleges michael flynn's testimony was altered by to get his alleges michael flynn's testimony was altered by the feds.