time in solitary to. listen for terrorists away to. a live person. i don't see him. when he speaks to. the british prime minister faces a grilling in parliament over the russian report which condemned the government's lack of action against moscow's alleged influence in u.k. politics. the people of these took this country. to leave the e.u. because of pressure from russia and russia. the prime minister told this report. and failed to plunge the global national security for a year. a new controversial law is proposed in the netherlands that could give elderly people the right to end their own lives even if they are not suffering from

any medical condition. and the u.s. accuses china of sponsoring hackers to spy on american companies working on a vaccine for covert 19. you know harvey has you covered it next hour with a fresh news update the kaiser report is coming up right here on our international if you're watching in the u.k. or ireland it's just. this is the kaiser report the world is. so you see it's gave her that's what i see when i look at the headlines japan and the government will start paying us companies to move factories out of china japan

to pay at least 536 $1000000.00 for companies to leave china now they are not heading back to japan they are planning on going to cambodia vietnam places like that other places in south east asia right wow a remarkable and so why are they doing that. because there's a period of. japan as a close ally of the united states the united states is escalating their war 1 against china and there are 2 cities trap it could be game over on that on this whole the paradigm that we've known since 1981 of the us the dollar standard china is crucial to buying art of our dollars accepting our lot of our dollars holding our dollars and then take me tains the supremacy of the u.s. dollar but if this is over then this is over and it's going to be a new start and i think that probably explains some of the actions out of the fat and out of the u.s. treasury like stephen h. and was so benevolent such

a good nice guy right here saying anybody who i got one of these p.p.p. loans 415-0000 or under basically just keep whatever who cut here cares what i thought of it you just take it i mean this sort of trashing of the dollar is an understanding by the elites by the guys who run the world who run the trade deals who who set global monetary and financial policy they're saying it's game over and we might as well just like to have a real good time while the you know in these last few weeks or months of this system right so well. china japan america the top 3 economies of the world yes so now they are like the tonic plates the tectonic plates i should say that could be the tonic place to come in later with part of the european aspect but the tectonic plates are or are are moving away. so that would be seismically significant. doesn't so mike a friendly cooperative globalized world to me now and you know what there was

another story this week that i'm going to cut ahead to this because you know this china japan china and japan of course hold trillions of dollars they between them have like 4 or 5 trillion in their reserves so they're the biggest holders of u.s. dollars but there's something that happened something with the 5 g. network whence once china unveiled like basically that they can control the world all the 5 g. in the world and the u.s. department of defense had said that whoever controls 5 g. controls the world and it suddenly dawned on america because our policy says 2000 and since 2001 accepting them into the world trade organization was that they would just be happy with just the low skilled stuff and obviously that they dominate 5 g. in fact us doesn't have anything involved in it at all but they also have artificial intelligence and i don't know what's going on there but i think our

department of defense understands that there's some sort of advancement and fight in an artificial intelligence out of china and this week we saw this headline that everybody on crypto twitter is talking about open ai's g p t 3 maybe the biggest thing since big quine open ai and nonprofit artificial intelligence research company backed by peter to iran mosque raid hofmann marc benioff sam altman and others released this 3rd generation of language prediction model g p t 3 into the open source wild language models allow computers to produce random ish sentences of approximately the same length and grammatical structure as those and a given body of text now the person who wrote this was the ai. right so this is like deep fake a artificial intelligence and this is been something on the horizon for a while and you mention china and china you know they do their 5 year planning every 5 years and my understanding is that during the last 5 year planning session

in china they started to introduce a so they become just this. additional element to their political efficiency because they can effectively go into the psyche of their competitors and then produce whatever it takes both from a production standpoint but also from a marketing standpoint in a geo political standpoint to effectively compete with another layer of intelligence that in this case ai and this is now become mainstream because even a year ago or so this did seem like it wasn't going to be happening for many years remember it on mosque is behind us he's one of the participants in this iran must also has neural link also said on joe rogan show the thing to worry about is ai and means if they can weaponize means then they can instantly change the consciousness

of a population so perhaps that is why this is and how warfare model that this is part of what the pentagon you know in terms of controlling populations overseas are changing you know persuasion the same with china and you know they're they're thinking about or they're talking about banning tick-tock and tic toc allegedly has advanced ai inside it's basically a testing ground for ai it watches what you're watching within the oho frame and understands what you're actually looking at within the queue tick tock you know the ozone stuff right where you can control people with names right names are just an extension of what was discovered by sigmund freud in color going back in the 19th century when they discovered scientifically that there does exist a thing called the subconscious and the unconscious mame is bypass the conscious mind and they go to work in directly into the sub conscious and unconscious mind and will really elicit a response immediately a visceral response. and this is of course the basis of modern propaganda which we

saw back in world war 2 it's also the basis of modern advertising which is incredibly persuasive so if you can weaponize means and then put them onto the global internet of which billions are connected then you can control the masses and is elon musk a megalomaniac with armed with invincible weaponized means that's a possibility that we have to discuss that that could be the situation but he's definitely talking about doe's coin a lot which is a just a pure mean coin so he has been thinking about means and in terms of this artificial intelligence they say that i predict that unlike a 2 predecessors p.t.b. and open a i.g.p. to open a i d p t 3 will eventually be widely used pretend the author of a text is a person of interest with unpredictable and amusing effects on various communities i further predicted that this will spark a creative gold rush among talented amateurs to train similar models and adapt them

to a variety of purposes including mock news research journalism advertising politics and propaganda so this is open source and. obviously that's the way the us does it peter steele and both work for the u.s. government various department of defense are agencies in other parts of their work so this could be a way to you know advance the technology and remember like even with martin scorsese with that last film he did the irishman the global audience of the open source audience did a better job with c.g.i. they really did his show the movie with better c.g.i. and so here we could the hive mind of the global online community could end up making this even more powerful right while the hive mind of the open source community got in really full gear during the revolution of linux as an operating

system back in the 1990 s. and we see it also with the creation of bitcoin is an open source project but what i see as the showdown ultimately is that ai is going to require a lot of energy and it's going to use its own tactical strategies an ability to mesmerize humans to grab as much energy as possible and the other only technological element we know of that is require so much energy is that coin so i see the ultimate showdown being between ai and bitcoin because it is really on the side of humanity and is really working for itself against humanity but they're both competing for available energy one of these 2 will prevail in terms of artificial intelligence and where that micro remember and k. all trauma that whole cia program that ran 1st from 105321973 what they were

interested in is mind control so here is. possible mind control is just something to watch and will probably cover and some are solutions will look further into that but i want to turn back to if this is the end game it makes sense to just like burn all the money that could be used in this game. and this game if it's going to be ended and it's over you might as well spend all your game coins as fast as possible robin hood is making far more money from the options boom than from stocks and another headline about this bullish u.s. options trading suggests caution their own aside so i've got my pile of money here and people are just throwing it away throwing it into the markets and the options trading men have all the fun you know i never have the fun let me have a. system where it's hard that they're all like so chris they're newly printed by oh yes powell over there at the u.s.

bad you know it it's like these crypto coins really burn coins they say this is going to make the value of the remaining coins go up we're going to burn millions and millions of coins so merican now is in the business of destroying the dollar because they think that to save the dollar they need to destroy the dollar go show do you like to go and try to pick dollars if i think it's nice that they have a nice for the global audience but. they've got to get their money going for this yeah back from exxon dollars for you in an elegant cinematic way well max used to be an optimist trader so you know basically you know they were designed to head for actual commodities producer and it's a genuine product for them for an ordinary person sitting at home and lock down with the extra $600.00 a week you know what is options are a legitimate market for which ordinary retail investor should even be involved it's pure gambling and so it should be regulated as gambling and because there's though

it friends of value have an option as its price based on the options volatility formula which is similar to saying well the rule that we'll. constructed based on the gambling volatility formula there's no real value to these options they can be used as a hedging strategy but mostly the volume or the open interest the number of options in existence expands and contracts based on the number of people who are actually trading those options and i think elon musk you know it generated with as mayme warfare with tesla the interest and the volume of options for tesla expanded exponentially and then like the most recent option expired on the friday just past and it went to what we used to call wall street option heaven something like 85 percent of all options expire worthless so that actually the the odds of vegas are better than that actually i mean you could do it with what vegas you could make money but in the options trading market you're almost certainly going to lose money

but the commissions are similar to stock trading but the unit value is smaller so it ends up people end up spinning spinning spinning and a they get a very profitable for the brokerages i was one of the top 3 options producers out there called what i was looking at your silly what happened back in 1909 did you know lots of lots of options business and i can tell you that that's not really a business and so finally game over as of the end of last year 38 percent of russell 2000 constituents were losing money since the markets trough in march their stocks have rallied about 79 percent on average that compares with 47 percent of those who are profitable so basically those same robinhood guys losing their money in options have been are also losing and they're buying losers in the market driving their prices higher right there degenerates remember if it does not make it but over 10 years they're not making money are using a break and when we come back lots more coming your way.

well the demick no certainly no blood is just blind to nationalities. a summary. of the facts in world peace think. judgment come in a crisis like this christensen's moment times we can do better we should. everyone is contributing way but we also know that this crisis not go on forever the challenge is critical to respond. so many good people are helping us. it makes

us feel very proud that we're in it together. problem drugs don't always come from unscrupulous dealers but from pharmacies to in every state in the united states we see the very sharp increase in the number of people seeking treatment for addiction to prescription opioids invited to america under the banner of medicine persisted with the pain but instead of trying to wean him off though she just goes after dose after dose after dose and really became his drug dealer so who's to blame patients don't do those manufacturers all the governments.

welcome back to the kaiser report i'm max kaiser all right time out of turn it's charlie boyle he's a financial journalist and financial system reform campaigner charlie also runs a course teaching people the basics of trading kelly nice to have you on mark's nice to be on all right let's get into it so last week end tax this amateur investors begged a bankruptcy judge to save them after they had bought shares in bankrupt j.c. penney we saw a similar with amateurs gobbling up bankrupt hurt stock and whiting petroleum stock your thoughts on these newbies chasing the zombies charlie well i mean it just creates. far and away we go and see. what's going on but i mean if you go back to march. officers a massive crash and since then people been contacts may sign you have things right

if iraq is crushed are they crazy not to get a lot of people in the u.k. i said right i set up money saving traitor dot com to address some of those concerns but what's happened is totally off the scale here as you know the robin hood has the the volume on on those things is just inside iraq it never seen before the herdsman's with something that was just on a completely different level. i think the problem here is. i don't know in favor of people are marching training for everybody but this seems to be a real ignorance about how trade they actually work so for example if you go online and find to find traits what do you see in the 1st few lines of results you see c.s.k. trading platforms and also brands that are very colorful. for any teacher and bring . you know that's not the 1st other it makes you look at j.c. penney for example people have to understand how so it's actually work sorry

alessio crazy nice talk. on the market then you're basically starting to the next person which various companies not getting any of the high and a lot of these people being caught in what you call come in for the pump and dump and i'm sorry that people. hope it shows but either they actually. restructured but will lose everything and this is this is a sense of what's happening now for free we're yeah you mentioned the f.d.a. saying their contracts are different but yeah similar sale options training here in the u.s. it kind of originated in the u.k. but it's even more risky than office training and office training has become a big favor of the robber net app crowd and i thought the absence in task got to extreme overbought. nations and then crashed down to 0 at the athens expired you know eli musk is a bit of a robin he's the pied piper of this robin

a generation because he openly mocks the i think say the securities and exchange commission he openly mocked his own stock price he said it was a sale you know many dozens of percentage points lower and he mocks everyone by endorsing various all tointon except the coin market and his company is worth one point almost $300000000000.00 so this is the new normal charlie i mean i understand what you're saying that it's too bad these people are getting you know losing their shirts and getting ripped off but the culture has now turned into an icon a pied piper trading you know i mean as opposed to any underlying company that might be worth anything charlie yeah totally and you know what we're talking about one specific company but this is bigger home but the case now you've mentioned across the songs which is that there's really no effective regulation since the

200-2000 rights i was 2 sides so it's for a safety trade that's quite interesting that there are options trading for a tyrant in europe there's a legal siesta isn't siestas basically mimicking the price on the markets so you can argue your options are actually much more dangerous especially if you don't understand the basics. surats an issue. term you know it's it's regulation no one's going to and also any of these things and one of the things i've noticed especially people come to me is that you only realise. you've been screwed when it when it's too late sir you know people ignore all the regulation when when they're doing well with sony when things turn sour like this then it starts to get exposed. and of course you've got the all the different you know. technicals in the market respond. resemblance to profits or the underlying value the company and what many people need to educate or close. to

top it off you go companies that are said to be going to go against even they don't know how much they're focusing on big of any the next 6 to 9 months late so yes total mess no transparency and maybe able to lead the way to the business to realize all the different schemes they go on with in stock nothing to do regarding the company. during all of the industrial scale now but they're never seen before right it's funny how the pendulum swings back and forth you know a few weeks ago the the big open outcry was to defund the police and now we're hearing activists scream please refund the police and as you point out everyone hates regulators on the way up and they love regulators and they appeal to regulators and they beg for regulation on the way down it's amazing to have a certain group of folks can get away with having no transparency whatsoever and no

need to abide by any laws that all i've seen now that the regulators are going to allow huge stock buyers like the warren buffets of the world to do so completely in darkness without any transparency whatsoever that's a new thing that they're going to allow and of course i mean the options market sticking with the options market you have no idea how these players are manipulating the options market because of course in the options market the volume or the open interest the supply the well it contracts and expands based on demand and supply there's no underlying fundamental value to an auction it's based purely on volatility is how they come up the price so if you remove even who owns how much of what it's really you know a casino and. this. you know it is what it is i mean a lot of people are going to lose a lot of money but maybe that that's what they were born for that outcome you know

that's just the way nature is now several of the big banks in the us reported their highest ever quarterly trading profits this is probably thanks to the fed buying all of their losing bets right here you have a model where the banks make bets if they go bad. instead of peeling to regulators they just have the regulators buy the bad bets right off their books so why not create a special purpose vehicle or enough p.v. to buy up all the robin a traitor stupid pet starling well i mean scaring to the point now where nothing surprises me. the whole rubin situation it's been a much wider problem. you know going back to the banks for a 2nd. the provisions for one losses and i will start i'm going to be brutalised the next 6 to 9 months i mean. i won't be able certain properties to change crush on a bucket firm or

a unemployment that is banks are still running at record levels difficult to say how procure prices are going to bear up that far down another thing i'm looking out for them there cause people to countenance that we just got many times that are. just a way face things for. any result for many banks of any size now i don't believe that so because a lot of the assets on our balance sheet for example are going to be coping with us and a couple of years it's difficult to know we're not going to happen because they're going just look to go to their heads. you know i wouldn't like a bank stocks right now you know even a bit of what is said about us exactly because since it can change so quickly yeah i just keep on this point for a 2nd you know there are so much social unrest around the world because the disparity now between the top and the bottom is growing almost exponentially and

you know that's just another great example of why there is some some myself still unrest if if a large institutional player or a bank makes a training mistake the central bank will make them whole if you're on robin hood and you buy shares and bank from hertz and you lose 90 percent or 100 percent the bank doesn't make you haul so it's clearly it to tear society we have going thanks to a criminal activities i would characterize them both the federal reserve bank and the bank of england and other central banks around the world are caged in a criminal conspiracy but now let's talk about the stock market as it relates to the coin poloroid and the man on the straight and they lunchbox guy joe baca down at the parent you know there's a huge. disparity here right stock markets are all time high and we are and the beginning of a depression while we work through this before us charlie started this many times.

already and that was going to respond but we had a reagan coalition that she 1000 i crush you thought security done extremely well let's go back to our record levels of. assets that would strolling to people's lives that were destroyed many is. what happened at the time was. with her views of protecting the system i don't know maybe that was caught on tension or not disobeying the problems that made problems a little a lot bigger a lot of the same so i'm out looking not so sure with the co-creator but blew the whistle on that. because for various reasons which been documented already and i just i started say to take a picture not necessary i was when i was working in banking but i went out of sight 1st the banks collapsed you know it's always the people that were never responsible for any of the problems but they were treated always christ and desist this is the worst thing about it i mean for me my father ran a banks quite

a big one and accountant by training and i'm making most money on that on the trading front because i understand the system and this is why i've got my 2nd straight dot com to try and help people to at least look at coaching or your money saving the banks and the title. we have a very very unfair system as a loan criminality does a lot of cases but have all the evidence sort of banks and all the financial institutions that's right still trying to find today we're still not getting the yet the results the main justice and all of these protests around the world. couldn't you. you know we need to be protesting about i mean a system where there is justice so the prisons in america are with us and i'm going to we really realized. that this is only going to get worse right now and. you know it really did stop those economies right charlie boyle yeah i follow you on twitter

i think very poor tosh on various networks always excellent stuff thanks for being on the kaiser report thanks max and the thing to do for this edition of the kaiser report with me max kaiser and stacey armor want to thank our guest charlie boyle if you want to catch us on twitter at kaiser report until next time i'll. let all the. wrong. i don't wrong. but he's yet to stamp out. become advocates and gain from it equals betrayal. when so many find themselves worlds apart when she's to look for common ground.

0 is the issue of trying to playing out in the american election cycle. betray themselves as being tough on beijing maybe they are at least rhetorically but reality shows are very different story and it's bipartisan the commanding heights of industry and finance for to china for decades and now their visions show is this china. and in 1996 something happened different a company called purdue pharmaceuticals came out with a drug called oxycontin and they started. and falsely promoted that opioids were rarely addict maybe only one percent of the time could you get addicted to no. that was not true there.