fully awake but it seems like i'm in the minority on that score they are fully awake but it seems like i'm in the minority on that score so max we have a theme running through the 1st 2 have max we have a theme running through the 1st 2 headlines of course on this and in fact also the 3rd i believe and that sleepwalking is of course on this and in fact also the 3rd i believe and that sleepwalking through imperial decline perhaps because the 1st headline is through imperial decline perhaps because the 1st headline is what rural ohio makes of turkey syria crisis is what rural ohio makes of turkey syria crisis so this is the b.b.c. and they went to ohio and the rural areas 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 democratic to 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 he learned it's not the rule and will people be able that we see sent a journalist there to find out whether or not the rural people there. were equal to what you saw on m.s.n. b c and c.n.n. or. were equal to what you saw on m.s.n. b c and c.n.n. and the political class of the democrats and in the plaza lot of. us as of the truck democrats were they as outraged as trent pulling out of syria like that and what they found is that just over $300.00 my polling out of syria like that and what they found is that just over 300 miles away from the city in the small town of circleville ohio the conflict away from the city and the small town of circleville ohio the conflict. gratian political and military seemed

a distant hazy thought gratian political and military seemed a distant hazy thought i haven't followed it that much really says friend bush circle 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 listen and see what's going on but i get so sleepy at times i can't 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 can't concentrate. yeah i know hey you know this is interesting for a couple of concentrate. yeah i know hey you know this is interesting for a couple of reasons 1st of all the disconnect between the vast majority of americans and 1st of all the disconnect between the vast majority of americans and what people see on cable news is huge and what people on cable news think and what

people see on cable news is huge and what people on cable news think everyone should get outraged about nobody in america pays any attention to want to get outraged about nobody in america pays any attention to whatsoever what incentive whatever this or as well to do and try this fix is what led to trial $261626.00 what stage setting and what setting him up for him up to. 2220 what's interesting is that somebody somebody from the from the b.b.b. say there's you know there's a somebody somebody for from the foreign power in progress. who was a hoot over a comes over to america america and you know you know once you step foot into film what into america where in you know you would be quick you would be equally quickly aware of the fact that there are almost. 300000000

americans that don't care where the fact that there are almost 300000000 americans that don't care about what happens on cable news they just get out one. news says there's a dishonest and from putting in son to sunset putting in their hours taking care of their kids doing their job doing the best they can and 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 to be living in and they don't watch cable news so the b.b.c. is play live 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 cover america all day long on the b.b.c. and when we go to america ababil a 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 there's always the other they are not really doing the things that we think that they're doing but there's the other side. which is was when i grew up in the 7 indian these were you 7 you cities to watch the you. watch

these proud about how they watch how you them at the green and merican and next millennium next what it would be lenny is that what it would imo be was a time of lead lead and that we would share and then we would have time time with our families our family and they were billing and you know we have a big role in these robots and so bots and stuff like stuff like that that would take that that would take care of our laundry care and over all of our lives are our job and with our lives we would have a lot of like we would have a lot of time like things would get better but times. like what that you're seeing . but in fact what you're seeing in much of the country where the floor of the bulls. that they are and have to work to. live is that they have to work 2 or 3 or 4 forge for jobs jobs that that they had they have to. run run run in

this like like faster faster astern for bass or just to stay even with. that just even make them with him i'm their monthly would be debt paid just to make the minimum monthly debt payment on their credit in mcallen tards that on their credit cards did than or. need in that interim in order to sustain their life i think the big a 66 the man muslims because you suppose that. many us cities who food shelter health care those have to all be put. under health care those have to all be put to death as ratcheted up these costs are massive so you have people that are tired ratcheted up these costs are massive so you have people that are tired and too tired to think because they're working nonstop 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 hard because 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 and because they just live off the plunder of your taxes so they're fresh faced him and bush bushy tailed like taking all your money here they go to another guy detailed like taking all your money here they talk to another guy in this town circleville ohio and he was at the pumpkin show and his name was 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 they had so many evans a construction laborer who said he was too busy with work to care about what was happening in syria or understand i leave for 3rd. in the air about what was

happening in syria or understand i leave at 4 30 in the morning and i go whole semantics 63030 see or have a 7 at an not night night i eat dinner we eat dinner with my kids and i go to bed and i just get it he said as he and i learned guns a bit about better add and get up again he says he learned some sort of faith based but about book current but he doesn't show you the news and events you get from philly facing what he says you look but he doesn't watch or read the news regularly what he says he does know however is that the us has been to a different test you'll know on how and where ever we need at the us somebody else has been trying to weak for too long we need somebody like trump who is going to stand up for our country and tell them that we're in this state we want and they just 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 totally in agreement with banning on that leap with us right on banning totally in agreement with banning on that one you

know the difference between america and europe again you know is that. you know the difference between america and europe again you know is that in america. if you lose this is your if in between you lose a job you're in between jobs in europe the idea is working. 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 where you're in between vacations you know having lived in europe for almost 20 years and to see if you get a lift being particularly. like france where the whole all the general objective ective of getting up of getting on the up morning in the morning is to figure out how to figure out how to get more time to get more talk i'm. off

off how to be on the case how to be on vacation and work is considered evil and considered a complete waste of time in america and work is considered evil and considered a complete waste of time in america its opposite people don't even take all the days off that they are given they love to work americans love to work the opposite people don't even take all the days off that they are given they love the 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 so this is not 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 i don't give a surly 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 work and i work him and just jumps making available for me to work i don't care if i love work 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 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 of the i'm 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 of the accumulation of gold reserves by other nations people are worried that we are now an 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 a physical action 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 60 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 out 2 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 exhausted 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 but on the cable news where our elite messaging is sent out to the people not only are people too exhausted now to even listen to them and out to the people busy 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 them know what they're supposed to think but they've run out of ideas they you know you see that in the rush and the rush. if you see. crazy. is now saying and say. you know i heard her stuff against. aired and jill stunned nigel's where stosh isn't accusing where she's accusing them of being kremlin. you know agents or

something then you see buying kremlin. 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 i need and 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 on the cables other ways 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 sachs 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 banking you know they run they there's a revolving door between the banking wall street class especially goldman sachs and the halls of power in washington d.c. 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 their power he 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 treasury full firm and hank paulson was at the head of the treasury when we hit the financial crisis in 2008 and 9 before that of course he was that 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 exhaust oldman sacks 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 a person at the deplorable person that has to work for a living here's hank paulson describing what happened during the financial crisis how a lank paulson describing what happened during the financial crisis how

a late night phone call from warren buffett in 2008 may have had late night phone call from warren buffett in 2008 may have helped save the u.s. economy of course this elite class writing 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 do with why even the media think it saved 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 this woman in 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. was 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 paulson or in buffett made a late night phone call to the. and treasury secretary henry hank paulson with an

idea about how the government might be able to turn the economy around paulson 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 restore was asleep he 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 here confidence and wall street it 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 hasn'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 handyman called 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 all ing 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 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 the bank that instead of buying up assets why don't you just inject it directly into the banks and you say ok like in the middle of sleep so it was high paulson this things he say ok like in the middle of sleep so it was high paulson it's not a lack of slick it's about narcolepsy which accompanying that would be hallucinations on a lack of sleep 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 from 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 banks the largest owner of bank shares shares in banks in

america if you look over warren buffett's portfolio it's mostly in america if you look over warren buffett's portfolio it's mostly banks. is the single biggest owner of shares in banks so he called 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 said whistles the treasury secretary who's a narcoleptic and mentally unstable and said whispers that is there at 1 am you know what maybe you should just print a few trillion dollars that is there at 1 am you know what maybe you should just print a few trillion dollars and bail out me bill me out please hank installers 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 the head of trying to do something you know 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 oh it's a great opportunity for me warren buffett just give me the money oh it took care of the for a while and of course that's exactly what they did and of course i want to congress own shares in berkshire 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 may have tons of money again i don't know about any sort of mental health the way 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 whether or not this is predatory or not for warren buffett the shoes 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 hospitals for example of 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 you're put under a sample 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 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 here of the same charges you $50000.00 for 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 thing is he's hank paulson is just handed the week before a few days before $700000000000.00 without any. like parameter days before $700000000000.00 without any. like parameters imposed on him by our legislative bodies so congress gives him $700000000000.00 or is 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 and yet rescue said dollars warren buffett calls him in the middle of the night says hey. give me it like yeah rescues

him but here so here's a class like were it also establishes that him but here so here's a class like word 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 paulson had no idea what to do with the money but oh you know we know from testimony that the reason they settle on 700 $1000000000.00 is for the reason that quote one trillion sounded too big to 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 like the end 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 all of 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 think it's fraudulent class this 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 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 and then finally tying this all together in terms of you know this decline of empire out of ideas student loans crisis not mideast wars 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 they say that helps 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 421000 army leadership gathered to say to announce that they surpassed their recruiting goal for $21000.00 signing up more than $68000.00 active duty soldiers before the end of the fiscal year signing up more than $68000.00 active duty. 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 expect 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 recruiting stations this year the eventual outcomes of wars abroad areas visiting $30.00 to $40.00 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 general are 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 31 franc 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 one $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 too tired to 300 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 debt which leaves you 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 obamacare and 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 people into this war that they don't even know what as the b.b.c. are you 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 where there for what it's about you know wars become generic c. established nobody knows what is 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 the 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. we don't even know 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 how common it is because of who the enemy is let'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 a generic brand used to be had to actually come 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 and kill they 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 you don't people the cost of wars down in the generic war level you print debt you don't print money you print death they're printing. of makes me sleepy print money you print death they're printing. of makes me sleepy.

all across the middle east and beyond there are large scale protests in growing political and all across the middle east and beyond there are large scale protests and growing political instability in many countries the old ways of doing business but only in rich privileged elite ability in many countries the old ways of doing business but only in rich privileged elite while the prospects for the many are few and far in between to the elites while the prospects for the many are. few and far

in between to the elites have answers to a growing problem. of answers to a growing problem. during the great depression which i'm old enough to remember there was most of it during the great depression which i'm old enough to remember there was most of my family were employed working. there wasn't it was bed you know much worse a family were employed working. there wasn't it was bed you know much worse subjectively than today but there was an expectation of the things we're going to get better just to listen today but there was an expectation the things were going to get better. there was a real sense of hopefulness there isn't today. there was a real sense of hopefulness there isn't today today's america was shaped by the 10 principles of concentration of wealth a days america was shaped by the 10 principles of concentration of wealth and power

. reduced democracy at the in power. reduced democracy attack solo doubt engineer elections manufacture consent excello doubt engineer elections manufacture consent and other principles according to no i'm jones to. another prince holds according to no i'm jones to one set of rules for the rich ops a set of rules for. one set of rules for the rich ops a set of rules for. that's what happens when you put her into the hands of narrows that's what happens when you put her into the hands of a narrow sector of will which will is dedicated to increasing power for a chill factor of will which will. just dedicated to increasing power for to just

shoot one of the most influential intellectuals of our time. one of the most influential intellectuals of our time speaks about the modern civilization of america. speaks about the modern civilization of america. welcome back to the kaiser report imax keyser time out of. welcome back to the kaiser report imax guys are time now to turn to a very special guest dmitri or a lot of club orloff dot blogspot turned a very special guest dmitri are a lot of club orloff dot blogspot dot com it's been

a few years dmitri nice to have you back it's great to be back with you america dot com it's been a few years dmitri 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 already let's get into it so you're a russian american living in st petersburg russia what's that like in the days of in st petersburg russia what's that like in the days of the anti russian hysteria from the so-called liberal america the anti russian hysteria from the so-called liberal america. well i would say that it's same as ever because nobody here has it 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 u.s. i just run a clue that i've spent a couple of decades living in the u.s.

i just russian i live in russia that's the most natural thing imaginable. when i live in russia it's the most natural thing imaginable. the united states and the madness there they it gets covered in the news 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 but it's not a major topic of interest to most russians about do only time it really comes up is when i. try to how do you only time it really comes up is when i. try talking about the united states to one of the local liberals they do exist there are few and 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 other dramatic just remember 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 mad it just it 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 let's you know you wrote a an essay is not on the radar let's you know you wrote a an essay to spend a while now it's called the collapse gap and that's when we 1st dispended 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 here and not in just introduced to your work and it was circulated widely here in the in. an economic circles and a lot of the things you predicted at that time have come in the nomic circles 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 to pass and so i want to get your

insight into this more thoroughly so what's at the root of this neo mccarthy a steria in your view 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 that you saw coming 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 why have the american liberal or than a decade ago in your essay the collapse gap why have the american liberal elite abandoned all reason the parent li dmitri. elite abandoned all reason the parent li dmitri. well it's because they have nothing to offer they really don't have any tricks left well it's because they have nothing to offer they really don't have any tricks left they basically have to admit that everything they fight they basically have to admit that everything they've tried has failed and admit

that you know there are a couple of nations tried has failed and admit that you know there are a couple of nations that are ascendant and russia has one of them china is the other one so that our ascendant and russia's one of them china is the other one so these is thing to do is to vilify them now with russia it's basically the easiest thing to do is to vilify them now with russia it's basically a lot of previous investment you know hundreds of. a lot of previous investment you know hundreds of. hollywood movies that demonize russia. hollywood movies that demonize russia. thousands of hours of cable television russia becomes blamed for also thousands of hours of cable television

russia becomes blamed for all sorts of things so. russia is the prime candidate for demonization it's very difficult to do the same thing to china because that would be considered raise lots of things so. 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 pass for white people so russia's state just whereas russians pass for white people so russia's state the obvious target but it's sort of shadow boxing because they are really hitting russia there will be a star get but it's sort of shadow 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 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 warriors in the u.s. yeah and i think that there's a point there you know the social justice warriors in the us the hollywood liberal

types that whenever asked the hollywood liberal types that whenever there's a problem there there's a problematic obviously they just act. just point russia as the source of the problem and it just strikes anyone who's got any sense of history 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 bigotry just nakedly or any conscious at all that just naked bigotry just naked bigotry and but they but and these are coming from the social justice warriors to you know are that bigotry and but they but 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 simply eat falafel in our tofu sandwiches and drive

a prius but i don't see many problem with just categorically castigating russians in the name any problem with just categorically castigating russians in this very almost bordering on the hysteria anti-semitic hysteria very almost bordering on the hysteria anti-semitic hysteria we see this rip and bigotry that's exactly the same but we see this rip and bigotry that's exactly the same but the inadvertent hilarity of it is that people who are preaching tolerance for inadvertent hilarity of it is that people who are preaching tolerance for. you know range both genders and. you aren't allowed them to to 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 know they're all 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 time they're at the most in toto. 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 really remarkable and they are it's people in the world 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 convenient 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 things are so russia kids 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 rate russia will be the 3rd and 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 u.s. and germany 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 what's going on here dmitri well russia has sold its u.s. debt holdings it is buying gold but it's also a major goal producer said holdings 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 mostly its buying what 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 any kind 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 has left because any time anybody here 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 states that they have on ask them for their gold

back from the united states that they have on deposit in the united states the answer was no sorry a deposit in the united states the answer was no sorry sometimes they got a little bit of gold back sometimes it was the wrong gold 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 germany asked for its gold that wasn't the gold that was put 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 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 its gold holdings gold. there's a good chance that the u.s.'s sold its gold holdings off to china just to keep china from dumping its debt which would just completely destroyed enough 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 number one in terms of gold hold at states financially and so russia could very well be number one in terms of gold holdings but what it meant what that means this that russia will be able to pull off what it's been trying to 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 using their own karloff which just trade with countries around the world using their own currencies. while backing the transactions with with guarantees agencies while while backing the transactions with with get. yes based on gold gold reserves they're well on their way to being able to achieve that 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 is right so the dollar is world reserve currency is seemingly having the days are

numbered and we've got countries like russia seemingly having the days are numbered and we've got countries like russia and china and others deciding to drop out of the dollar and move to and china and others deciding to drop out of the dollar and move on that that's certainly a sea change in the global economy now on that that's certainly a sea change in the global economy now it we know you mention china a little bit here there seems to be a growing awareness that we know you mention china a little bit here there seems to be a growing awareness in the u.s. now seen a phobia about china is in the u.s. now seen a phobia about china is a swelling paranoia at this at this time. a swelling paranoia at this at this time. and you know. from an economic

perspective what i and you know. from an economic perspective what i see would be a legitimate reason to to i.c.a.o. would be a legitimate reason to to kind of fear china the chinese economy as relates to the u.s. economy i mean there are fear china 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 understands what's happening what they're building something over there i'm not sure the u.s. quite understands what's happening what do you see. well china has the most successful and do you see. well china has the most successful economic model in the world ever the transition that has occurred in china economic model in the world ever the transition that has occurred in china to propel it from basically an

economic backwater 2nd to propel it from basically an economic backwater 2nd little agrarian economy to the world's number one economy little agrarian economy to the world's number one economy i would think surpassing the united states in 50 years it's been and i would think surpassing the united states in 50 years it's been an absolutely remarkable state and a system that they put in place it's not communism absolutely remarkable state and a system that they put in place it's not communism it's not anything that karl marx or his followers could have possibly imagined and it's not anything that karl marx or his followers could have possibly imagined you know mother tongue was a follower a fan of pocket who was you know mother tongue was a follower a fan of peter crockett who was

a socialist anarchist. what i think the chinese model actually is a socialist anarchist. what i think the chinese model actually is if stalin has a 2.0 with what a lot of bugs fixed as if stalin has a 2.0 with with a lot of bugs fixed and a lot of patches. it was also very successful model in the city and a lot of patches. it was also very successful model in the soviet union while stalin was alive double digit growth every year and yet while stalin was alive double digit growth every year just a remarkable achievement in terms of in terms of just a remark. all achievements in terms of in terms of economic performance but then after stalin died crush of economic performance but then after stalin died

christopher 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 of $2.00. 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 of $2.00. and it's a very solid mix. and it's a very solid mix of large state owned enterprises and a large mix of corrupt large state owned enterprises and a large mix of private companies as well keeps they all the guard under control by that companies as well keeps they all the guard under control under political control. and actually manages to under political control.

and actually manages to to manage public affairs so that the common good is. to manage public affairs so that the common good is sublevel served china stands to eradicate poverty in another cup level served china stands to eradicate poverty in another couple of years russia has made strides in that direction as well so this year's russia 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 any says 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 equally affected and said they're cringing. their sheer flow. you know they taking it all to offer that it's like that that is equally expected and so they're cringing at their sheer flow. you

know that they want to somehow escape their predicament and it's a great having nothing to offer you want to somehow escape their predicament and it's a great having nothing to offer right so stone isn't 2.0 it doesn't sound like right so stone isn't 2.0 it doesn't sound like a great branding exercise for china. a great branding exercise for china or you know this is. let's dig into this a little bore you know this is. let's dig into this a little bit so you know you have china the rise to power bit so you know you have china the rise to power is from. the very it's a strong our is from. the very it's

a strong armed rise to power that this is a very very controlled society on armed rise to power that this is a very very controlled society this is a society with very few free speech rights very few rights this is a society with very few free speech rights very few rights and they are emerging it becoming a dominant cult and they are emerging it becoming a dominant cult economy in the world and the us of economy in the world and the us of course going back 5060 years we had a world war ok and the you course going back 50. years that we had a world war ok and the us came out of that war with its model s. came out of that war with its model of free speech and bill of rights etc

becoming a global stand of free speech and bill of rights etc becoming a global standard so let me ask you this the the the future. so let me ask you this the the the future if it's purely economic would favor the strong it's purely economic would favor the strong hand the some might call the dead hand of of an hand some might call the dead hand of an autocracy but so is you know is the autocracy but so is you know is the western model is the us model dead completely western model is the us model dead completely. or will there be.

another one you know it won't mean it will it will there be pushed back so in other words you know if you put me in a position where i'm going to have to push back and say that the where i'm going to have to push back and say that the the u.s. model. could could could offer some less model. could could could offer some some. you know what what are your thoughts well i don't know i 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 so corrupt that they it's nice if the united states us to most. you know corrupt country in the world 'd so corrupt that they have legalized corruption it's called lobbying and you know jager allies corruption it's called lobbying and you know

china and russia have successfully combat corruption so that they're quite effective at the sign and russia have successfully combat corruption so that they're quite effective at this point. russia went through a period of time where they were point. russell went through a period of time where they were actually executing thousands of corrupt officials every year but that has actually executing thousands of corrupt officials every year but that has stopped there they've stopped executing corrupt officials why because corrupt officials are desktop there they've stopped executing corrupt officials why because corrupt officials are dead they don't exist anymore. now whether their system is liberal they don't exist anymore. now whether their system is liberal or not as it is cite the point because nobody's going to dictate their terms to you know not as it is cite the point because nobody is going to dictate

their terms to china or to russia for that matter from that point of view western liberalism is just china or to russia for that 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 has got 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 want and the united 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. states and other western countries will have absolutely no say. right so i guess it comes down to really a discussion of centralization vs decentralization so i guess it comes down to really a discussion of centralization vs decentralization and so far decentralization has been the winning strategy but a sion 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 report to me 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 that's going to do it for this edition of the kaiser report with me max kaiser and state 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 dimitri our loft if you want to catch us on twitter it's kaiser a place here would like to thank our guest dmitri orloff if you want to catch us on twitter it's kaiser report until next time. port until next time.

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top diplomats from russia turkey and iran meet in geneva the. top diplomats from russia turkey and iran to meet in geneva the peace talks on syria before the launch of a constitutional committee for the war torn country peace talks on syria before the launch of a constitutional committee for the war torn country. friends again says it is not ready to release video of. friends again says it is not ready to release video evidence to prove that it killed the leader of islamic state in syria we look at taliban evidence to prove that they killed the leader of islamic state in syria we look at how the world's most wanted terrorist avoided detection for so long. the world's most wanted terrorist avoided detection for so long. u.k.

is heading for a general election as parliament approves parts u.k. is heading for a general election as parliament approves parts johnson's bill seeking a december 12th vote to break the brakes an impasse johnson's bill seeking a december 12th vote to break the brakes an impasse. knife from moscow studio you're watching auti and snatched. from moscow studio you're watching auti it's not.