tv Keiser Report RT December 28, 2019 10:00pm-10:31pm EST
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needs files from the global chemical weapons further down. the syrian city of doom or last year. yellow best activists rally in paris for a 59th weekend alongside of protest against pension reforms. and families of americans killed in afghanistan by the taliban's to us protractors for allegedly funding the territory. was all the headlines we're back in an hour with another round up stay with us for the kinds of reports next here on international.
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max kaiser this is the kaiser report back to stacey in brazil in rio de janeiro it's awesome it's beautiful it's gorgeous hey if you were running a country that had an amazing pristine rain forest what would you do with it let's think about this stacy i would not chop it down and sell it for matchsticks as max keiser famous little video you made back in 2004 or 5 talking about gold and that gold actually comes into this because. after this 1st have i'm brazilian amazon deforestation this year nearly the size of puerto rico says agency destruction of the world's largest tropical rainforest total 563 square kilometers in november which is more than double the area in the same month last year according to the country's space research agency i.m.p. on friday that would bring total deforestation for the period from january to november to 8934 square kilometers 83 percent more than in the same period in
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2018 and an area almost the size of puerto rico now you know i have an idea for brazil actually they should entered this a oxygen futures market and so countries around the world to italy and india places in china that are dying from air pollution they can mitigate that risk by buying oxygen from brazil on the oxygen futures market that alone could be a multi-billion half a trillion dollar industry right there turning the rain forest into a recurring stream of revenue instead of just chopping it down to make money never feel the money is made out of paper so here they're just feeding the money apocalypse by chopping down actually the longs of the earth there's so many ways you can turn that into a valuable asset chopping it down it would be the stupidest i believe it is the stupid. yes and of course as a whole if you maintain the 100 percent of the area and the commodity and the resource that is amazon it's worth way way way way way more many times more than it
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chopped up and sold off for parts that's not often the case but in this case this is the case i believe and they're just destroying it for no reason at all but let's move on to the general economy and just a little point by the way the next coming out of kaiser report will be some specials into the new year we're going to talk to gerald celente we're going to have a double header with michael hudson we're going to be saying here in the southern hemisphere where it took us over 45 years max to figure out that is actually warm in the southern hemisphere well it's cold up north yeah it's summer here that's great so it's just summer all year around i love it. so here's a tweet not one in 100 people know this and it seems unbelievable but it is correct since the start point was the peak of the dot com bubble as it turns out printing money is better for gold than stocks who new source bill binary so gold is beating the s. and p. 500 so far for this century this is going back to 2000 and gold is out shortly
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actually outperformed the s. and p. 500 now by huge amounts things are getting gap s. and p's up 100 percent gold's up over 40 percent that big gap is bigger than amazon and particularly in other currencies like brazil for example an ounce of gold was a 1000 realit believe it beginning of the cycle now it's over $90000.00 right so another every other currency but the u.s. dollar gold has been screaming dot com like success and it's also been a success in u.s. dollars and that's going to continue now as we enter 2021 with the beginning of the 3rd leg of the bull market that started at that time in 2000 we've had the 1st 2 legs the big up what leg peaked in 20 levin that we have kind of a move a 2nd leg which was less dramatic and the 3rd leg is the most dramatic and hyper moved toward much higher priced. 1st like peaked here in 2005 and then the 2nd leg peaked in 2011 and then this be the 3rd leg 3rd legs of any market are always the
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parabolic ones so get ready for that of course this is down where gordon brown sold all of britain's gold and remember we talked about that last episode of course also since 2000 you can see something in the charts and again correlation doesn't necessarily equal cause ality but one does see and charts around the world particular for the us that the us empire is the climbing since 2000 and you see the rich tear away from the rest of the u.s. you know citizen the top 0 point one percent i'm particularly have just run off of everything since you know 2000 since the introduction of the commodity futures modernization act in the end of last eco and then 911 which allowed the theft of chileans of dollars from the defense department and chileans war from the fed reserve by printing money for them so you've had that kind of the decline the beginning of the science at the decline of the u.s. empire and so that gold accumulation the gold the rise in gold prices is also
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due to other nations as we've covered extensively over the past few years russia china other countries turkey hungary poland's just repatriated their gold from the bank of england germany repatriated their gold thanks to us from the new york fed so you're seeing these nations accumulate gold and here's another thing we pointed out at least 3 or 4 years ago and this is treasury secretary steve was in the news u.s. treasury minucci and says if we are not careful with sanctions people will start using other currencies and there is no other currency money more solid and with a great history than gold so the paper bugs call them really a moment back when gordon brown the chancellor of the exchequer in the u.k. when he was that that role sold off half the country's gold around 2. $50.00 an ounce they actually believe that having that rolling out over into treasury bills or paper was a superior idea that of course even if you're only getting half
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a percent on your paper treasury paper is better than not getting any return the gold well sent us and we've seen actually paper go into negative rates in europe so their negative rates obviously are the last even 0 percent rate and the appreciation of gold against all this paper money would also make that argument quite you know that on arrival because it's outperforming all these other paper assets yeah but as we have said the u.s. weaponized and the dollar weaponized in the swift swift system that that would cause all truth and you could only use that once perhaps twice he used it twice you're a goner this thing is you're you're not going to be able people are going to come up the alternative save a new chin is now agreeing with us he's obviously washing cars a for it this is what he's been doing because he's obviously saying this publicly when we said it we got called like bad names but here stephen newsome is agreeing with us so we've been proven right on that again you know switzerland by the way
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also you have to look at that chart of gold versus s. and p. 500 everybody in the mainstream media thinks switzerland is so genius to sell all their gold they sold a lot of their gold and one of they've been doing buying s. and p. 500 essentially they've been buying stocks and as you say they would have been better holding on to gold and here's a tweet that the fed is printing money like it's in the depths of the global financial crisis is dealing with the repo a liquidity crisis like 2008 mystified as to the cause the fed's panic at this point in the economic cycle may hasten the unwinding of the imbalances is so desperate to maintain hash tag got gold that's the fed's balance sheet and it's increasing at the fastest pace since the financial crisis as you know they announced something like $454.00 engine $60000000000.00 a new repo action over the last 2 weeks of the year i don't understand how they can say they are mystified why. the repo market is flashing these are the signals of distress 1st of all you would think that they have
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a handle on how these systems work and how they are implemented and to suggest that they are not sure how they work or how they are implemented seems like a bit of a problem number one number 2 i don't think there really is a mystical reason why the as you point out all the liquid assets are being killed for being siphoned out of the system so in the short term front there there's nothing there because they're being siloed they're being siphoned off and put into assets elsewhere off shore or in illiquid assets like 200 $1000000.00 flats in in new york or there's $150000000.00 house that was just bought by rupert murdoch's son in los angeles so that money is down dead money is dead now for 100 years as they were going to move from that well one should never fight the fed and that's what he they've trained certainly a certain class of people living in new york city in los angeles looks like q.e. is more likely to help the financial markets than the real economy germany's
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benchmark index deck's hit almost a fresh all time high this week shy just 200 points or record despite another profit warning from henkel as e.c.b. balance sheet hit fresh record this week at 4.7 trillion euros so the real economy in germany which is a manufacturing powerhouse which is an industrial powerhouse and you know very huge creditor nation their economy in the real economy is definitely slowing but their markets keep on a tear they just keep soaring and it just matches exactly the money printing from the e.c.b. and money printing from the fed well this is profitless prosperity right there you don't need companies don't need to show a profit for the stock price to go higher. and so they're taking full advantage of that they are simply allowing the environment of a higher stock price which of course means higher options prize which of course means higher compensation packages for executives which of course means
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a greater transference of wealth to the upper 110th the one percent to continue unabated why would they stop that even though the companies themselves are not are the profits are shrinking in the probably a lot of them if you adjust it for stock buybacks or make no money at all here is another don't fight the fed headline this money printing that's ongoing and yet you know we started with the gold outperforming the s. and p. 500 over the last 20 years but here is the fed trying to prop it up in fact the boston fed chair rosengren just recently said that the fed's going to basically stop nor inflation and they're just going to focus on asset prices that's now part of their mandate so this is their intention they're successful so they can actually say well we're successful at maintaining property prices and equity prices those are where we keeping up so we're successful because we can't figure out how to manage the rest of the economy but we're managing to prop up these prices here is good morning from germany where housing boom continues despite political
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interventions euro pace german new homes house price index hit fresh all time high in tandem with record e.c.v. balance sheet over the past decade average house prices have risen by 70 percent in germany equivalent to an annual return of 5 and a half percent right i don't understand the statement because they're saying oh we're going to focus on asset prices down but that's been thing they've been focusing on for 20 years prices it's not new now this is all their policy according to subtle bankers whether it's alan greenspan or or whomever has been to make an artificial rise in property and stocks their mandate. the sacrificial lamb that must be sacrificed on the altar of giving hedge fund managers shut manhattan or wages they should say we're going to focus on the wages because that's what's been lagging behind us of prices to say that we're going to focus on asset prices after we've left wages behind for 20 years is putting the cart before the horse is complete opposite of the reality situation what they should be doing well max they
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do focus on that's what they mean in inflation numbers inflation they don't care about the inflation of property prices they don't care about the inflation in all the real services you need like health care rental property prices education prices car all the things you need to get around in life and have a job and participate in the economy they don't care about that inflation the only inflation that the fed ever is concerned about is what the they're all of darks they represent worry about and that's in the ordinary peasant the bottom 99.9 percent should they ever increase their ways to man's that will cause and interest rates to go up to 20 percent again like paul but in fact here is deutsche bank deutsche bank says the price of health insurance is currently growing at an annual rate of 20 percent that's inflation that they should want to stop right but they're not this is what they want because of course their member banks of the federal
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reserve the j.p. morgans the goldman sachs the bank of america the citi bank all of those banks they own this is them fire economy the 5 finance insurance and real estates that's what they want going up they want the rest of the economy going down so even more relative to them they're growing even bigger but some of the way to. wages is to say well wages when you look at it in terms of inflation so if you understate inflation by 7 or 8 points then you can say well wages are keeping up with inflation you see. and that we're doing our job but if they were to state the true rate of inflation of 89 percent you need wages to rise 8 or 9 percent and your money that's not going to happen right well we're taking a break when we come back much more coming your way.
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you know world a big part of the law and conspiracy it's time to wake up to dig deeper to hit the stories that mainstream media refuses to tell more than ever we need to be smart we need to stop slamming the door on the bad and shouting past each other it's time for critical thinking it's time to fight for the middle for the truth the time is now for watching closely watching the hawks. the world is driven by a dream shaped by. the
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day or thinks. we dare to ask. welcome back to the kaiser report i'm asked as are time now to return to our conversation with robert wilson he's a private equity investor you live in rio for over 20 years robert welcome back and to be here this gorgeous out the window here what area of rio is this this is this is a residential neighborhood primarily but it's also a neighborhood that has the federally a person of the federal university of brazil
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a bit of rio who is here to tell me the state is that a 2 bed 2 bath place here is about $800.00 is that correct that's about right but that's also very expensive for brazil right let's dig into some more of these interesting data points and brazilian economy the let's talk about immigration whenever you travel around the world in many cities like london and miami but as there is you find many brazilians why do they not have a similar influx of immigrants here should they encourage that 1st i think yes they should encourage it. to it's not encouraged because it's not part of a politics that centers on the idea of transforming brazil in rio into a technology and science juggernaut and i think that really is the future that the country needs to focus on amongst other things obviously but i think technology and science is the key to the future for the country. and part of that issue is immigration and there's a study that you may have heard about this there's a study out of u.c.
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berkeley that looked at startups in the silicon valley from 1905 to 2010 and of all the start up companies they looked at over 51 percent were started by immigrant founders. so if you don't have immigrants even in the united states the silicon valley doesn't exist so immigration is a key to transforming any nation israel is also a perfect example i mean israel is despite the fact that you saw what's it's jewish it's jewish religion but the fact of the matter is it's a multicultural approach to technology and science in israel people all over the world have come to israel to create israel and i think we can do that here i think we can give people more of the world to come here and transform this country in this city in particular into a juggernaut for the grand challenges facing mankind in the planet that have to do the grand challenges facing mankind and the planet at 6 that's a very big and noble aspiration you know it's a prop are the problem one of let's call it laziness in other words you can also
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make a buck just chop down more rain forest which is relatively easy to do and there's a big demand for that what most people think of brazil they think of the amazon deforestation has expanded rapidly over the years should the forest be chopped down and sold for toothpicks it doesn't make sense environmentally what about economically it doesn't make sense if you economically either it's a one time shot that will go away and there's been the basically no benefit. we don't need more land for farming we don't need more land for crop growth or brazil has plenty of land for that as metaphoric it's not even you know fully bridge built out in terms of agriculture of infrastructure they don't need the amazon rain forest to do that the rain forest is much more valuable as long as it remains untouched. and that's part of the challenge i mean obviously we have people who don't believe in climate change these days running things so it's it's something that has to be negotiated and can and you have to convince and educate people that there's more value there so i mean i think there's plenty of arable land without
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without devastate forestation right sells alouettes them why do it i think there's a bit of a monkey see monkey do mentality with respect to brazil as a developing country versus let's say the united states or europe is the developed regions i think there's an assumption that says well they devastated their rain forests or their old growth forests we need to do the same thing and obviously that's not the case it's just like you know the scenario that everybody talks about the you know the carbon footprint globally and the only 2 real solutions that are put to the point of our wind power and possibly nuclear and i guess is a 3rd which is solar but those 3 are a limited bunch of options there are other options out there besides those 3 and i think that that that drawn wrong of basically breaking down barriers that have been explained imposed in brazil for years and just opening results of
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the rest of the world is the key to the country's future i don't think you can do that nationwide but i think you can do that within the small concerts of the state like the state of rio which is about a 1000000 about 17000000 people in the state or 11000000 people in metropolitan area here that's you know a little bit geographically about the size of israel so you're saying it's an arsenal that we get as a notion from now the natural resources around the country from what i understand over 21 trillion dollars or so to church 2 trillion dollar economy to break that inertia what about proposing something like you know potentially pharmaceuticals that can be developed from rain forest can be monetized and sold at much higher margins of profits in the pharmaceutical industry and makes more sense to preserve this as an asset you could sell forward 20 trillion dollars worth of assets as a prime. what a guy you know that is literally you can sell forward you can get a bond offer let's raise a trillion dollars and feature pharmacist suitable fund based on research and the rain forest and you're going to take 1015 years worth of profits from cutting these
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trees down put them in your pocket today and use that to jumpstart the infrastructure why not something like that is not something that people here think about why not darn it my theory is that interest rates in brazil have been so high for so long which has created a short term window of consciousness people only think short term and because of that we have not thought about the future everything is the next 6 months the next year at the max but if you think long term there's no question about the fact that the amazon and other biodiversity regions and brazil because there are more than the amazons available are huge opportunities for the country and that's where the country needs to be focused the country needs to be focused on its own new green deal for the country that's where the future of brazil should be we talk about china in the reprieve us up as we can drill down a little bit more into that is it more or less important than with the u.s. or is most trade with the other south american nations how does china stack up with trade in other south american nations which is more and how would you characterize
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the difference between brazil and argentina because they've been in both places that were been counted out of place sure what you want to 1st who doesn't want to we can we can we can deal with china 1st i think that there's no question about the fact that the the meat and potatoes for china today is brazil. so in terms of the amount of effort the chinese government is is foisting on the region the vast majority of that effort is going towards brazil and for obvious reasons because brazil is the big gorilla in terms of economic growth potential and agriculture and as they have trouble and also natural resources i mean they are in a work company here vali which has had problems recently in terms of share price but bali was actually created. post world war 2 to export raw materials to japan that's what its purpose was and so it has obviously become a global behemoth in the process but china of course took huge advantage of that
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are that iron own capacity in the late ninety's and into the 2 thousands and so it's it's now grown as you know to become a real power the one of the challenges is how what happens to countries like korea and china 30 years ago look where they were 30 years ago where they are today and look at where brazil was 30 years and where it is today there's a huge gap so i think that gap is in part infrastructure but it's also in part mental there's a psychological barrier in brazil to that kind of change and i think the real challenge here is brazil needs to make a decision either to be a follower which it's always done it's always been a follower or be a leader and if it's going to be a leader it has to have some dramatic and radical change right you know correct me if i'm wrong but just linguistically in portuguese they have a distinction between the arrogance of the ordinary person and the arrogance that is associated with the monarchs were used to be around this rice i don't know the
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details of this as they call it to babba soon bear bustle babba what is that. suburban is the arrogance of kings and how that relates to the economy of brazil right now well it's an interesting scenario many as you may know that the brazil was a portuguese colony and actually what happened is that napoleon is european aggression was so distant that the royal court in portugal moved in exile to brazil the only way they could really manage brazil because of its size was to create what amounted to be fiefdoms that were basically partial doubt to the court the monarchs court that basically set the stage for we have today and we have a country that basically is run by oligarchy. the debate here between the left and the right is really a false debate it doesn't make a difference who's in power politically if it's the left or the right the oligarchy
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still run the show and i think that's the challenge that this country is facing i mean it the question is how do you open the country up when the in fact the oligarchy that control the country don't want the country to be opened i noticed that in social media statistics brazil ranks and i think of the top 3 of the most social social media chatty blog it's really amazing toss hard to understand i know that the arab spring going back a few years now i was caught at that time the facebook revolution it was right even by social media which bypassed the they all the darks at that time to exactly mean is there a potential for something like that here well there's an argument that says that happened in the last election but in a way that is different than say what happened with obama in obama's kind of the 1st digital can you know candidate both or not it was a digital candidate. and in some sense his message which was you know basically. do it with socialism exciter exciter and i'm not sure we're the
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socialist brazil's never had social i'm not even close. the oligarchy made more money under lula than they're making under bill so now there's no question about that but i think that the question now is how can technology play a role to in some sense buffer the power that the the centralized one percent of the population has over the other 99 percent i mean 95 percent of brazilians make less than $50000.00 a year if you let that stat register it really makes you realize that the wealth creation potential the country is off the charts it's just a question of structure and doing away with bureaucracy and of course the current government under paul would get is a terms of economic leadership they're trying to use you know a digital approach to the bureaucracy but it's going to take more than that sounds all very fascinating i think you are you hopeful that we have got 10 seconds are you hopeful for the next i mean i'm i'm trying to raise a v.c. fund now to take advantage of the occurrence and we're not area for that i think
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it's biotech clean energy ok i mean obviously there's crossover with visual but we'll keep tabs on that robert thanks being on the kaiser report my pleasure right well that's going to do it for this edition of the kaiser report with me max hazard stay here i would like to thank our guest robert wellston if you want to catch us on twitter if kaiser reported by. it is a long held tradition on cross talk to take stock of the year that is about to pass we have a look at what moved us what changed and what gave us concern 2019 the good the bad and the. join me every thursday on the alex salmond show and i'll be speaking to guests of the world of politics school business i'm show business i'll see you then.
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well and welcome to all the part of the lenny else of dilution have turned humans into one of the most adaptable and sexy assholes species on the planet with the capacity for self harm and even self-annihilation i bitrate that once helped us survive now precipitating our own demise well to discuss that i'm now joined by dr david perlmutter a neurologist and best selling author dr perlmutter it's such a privilege to talk to you thank you very much for your time well oksana and so delightful to be with you today thank you now we're recording this conversation a few days before new year's eve when millions of people around the globe will be promising to themselves to lead better house they are more fulfilling lives and yet they know from from the statistics that most of the plan.
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