i had my doubts if i should waste my time on this. i came back to that film over and over again tracing the sequence of events happening in syria at that time and those who worked. on the review. which you'll see in the new neil curiosity is like a petrol motion machine did leave song with a lunch break and then suddenly i saw him stop let's take another look now at low speed this is key like cohen a super spy who some consider a national hero and others an evil villain an israeli double 00. but it's a. good one. still. not

any. kaiser i think was karl marx just said something like capital is a lot of bad choices all the rope to hang out south you know. but there is some poetic. karmic wheel of justice at work here let's check in with stacey wright maxwell report has warned you basically for the last few years that the 4th turning will meet the 3 cities trapped we will see the globalization and the dollars ation that has been happening nonstop over the past 45 years if we as we've been reporting on it the birds are chirping about this they love this so you know we have the 4th turning and that's this generational shift that is happening

in america as the rise of these young millennial and generation see and the decline of the baby boomer generation disappearing but we have to globalization and the dollar is ation happening so those all collide in this headline and this is the under start with the 4th turning this is what you're seeing with this and the unarrest is largely to do with also that the city strapped the fact that china is now the rising power that the power available to the american elite is disintegrating fund strat says new stock market investment the aim is quote violence in america so this was reported on dow jones market watch and this is what they say the past 12 months in the u.s. has been particularly to mulch us framed by the couvade 1000 pandemic and marked by a number of episodes of civil unrest on the grounds of inequality and politics and that turmoil is something investors should bank on for the longer term according to

at least one strategist thomas lee founder of fund stat global invest advisors says that violent crimes and the u.s. have been on the rise and does not envision that abating soon as the u.s. is locked in the throes of the worst pandemic in generations and a change of leadership in the oval office that has been less than smooth so he talks about all the protests across america the summer we saw just cities being burned down and now we see. they capitol hill riots so this he said is going to continue right how do you make money off it that's the question that's what he's asking this is a theme that was honest fascinated me how markets can attract investors who are investing in destruction of their own country or their own communities it's like similar to the business model of the mafia you know when they burn down a restaurant right and they collect down the insurance extent or but i thought of

just a few examples of this that we've covered over the years now ok that is similar leading up to this for example the private prison industry yes is an industry that is tracks capital and then they make deals with the municipalities to keep 98 percent occupancy and they go around and they arrest a lot of black people without any reason except to fill the prison how about negative interest rates that in itself is an investment that you're investing in the destruction of your bond market of your capital markets and yet it's attracted trillions and trillions of dollars how about the oxycontin manufacturers we talk about them they've what killed $70000.00 americans last year so people invest in those companies and they're investing in the destruction and then going back a few years of course we talked about monsanto and their terminator seeds i was destroying the entire global agricultural market but you were doing so to make some quick profits on this theme of investing in chaos and then kind of meltdown of the country it's been with us for

a while this could be the final the final come up and it's also pointing out that you can't fight the trend if the trend is this in the trend is for more violence in the trend is towards like late $800.00 certainly 1900 some merica anarchist blowing up buildings and and chaos it's just the fact you can say ok i just got to go with it leave all your cash in the u.s. in u.s. dollars in the bank and hope it doesn't go disappear or you can say well how do i protect my wealth how do i make sure that i you know me and my family so. by this and come out the other side so these are just the facts this is what happens the oxycontin thing you're talking about those are deaths of despair the death of the despair were inevitable due to the institutions failing and that's important in the next statement he makes the events of the past week in washington in my view are symptomatic of a greater challenge facing america that americans are taking action into their own hands outside of legal avenues possibly because of the loss of faith and

institutions only wrote referring to the riot by supporters of president at the capitol which resulted in at least 5 deaths so this is something again that kaiser report has been warning you about and if we say there's a loss of faith in the institutions well you can either just say ok so what or you have to do something to protect yourself we've been saying about bitcoin between is a sign of the loss of faith in the institutions of the fi out world and these this is just the inevitability this is what this was written in the cards once these cycles were set in motion once we set in 2000 under joe biden was a big champion of it once we sent our manufacturing jobs to china it was written in stone what would happen in the future ok maybe it's the water of politics could have altered the outcome of what was written in that stone they could have done something to avoid say all the overdose deaths they could have done something differently once we got rid of all our manufacturing but. the fact is like these

are just the cycles and how to prepare yourself right and here's why the problem is intractable and that is to be that institutions dominated public life and dominated civil society and then starting around the eighty's and deregulation and the reagan era financialization took over and so institutions became the servant of the markets and everything that had a price everything was traded on the stock exchange everything became financial ised and our institutions shrunk and value and dominance down to almost nothing and so at the moment what we're hearing is that the investor class has no responsibility in kind of wacko milton friedman esque way to anything but their own self aggrandizement and they have no responsibility to society whatsoever it's a complete breakdown of the social contract and we're now into a chaotic period paul tudor jones looked at this and he said you know what big coin is actually a bet on humanity and where is buying into these plays that flame to the societal breakdown as wall street's recommending now of course why wouldn't they

then you need to decide on your own volition do i want to be a part of the problem and invest in the destruction of america or do i want to buy bit coin and invest in humanity and hope that the idea of america survives this meltdown yeah and i think it's important that it's more globalized like people and our telegram group they come from all corners of the earth i feel like a big quinary don't feel like americans like if this system has to collapse and then it has to collapse because that's what's that's the motions that outcome the fate is is written in stone as i said its outcome was determined once you decided certain things once you introduce the commodity futures modernization act and legalized basically theft right predatory gambling using the assets of the nation one to introduce china into the on on this on the favored nation status that was

introduced on. and once you got rid of classical like certain things were it just inevitable they were going to happen this was going to happen once we had cable news and these cable news coalesced around targeted ads that you know you know as a former banker hate sells hate is a great way to sell it's way better than convincing somebody to love themselves and care about the future like to tell somebody like battle ready and. protesters dressed head to toe in black and armed with shields march on manhattan to demand trump and pence leave white house now so it looks like an organized military there in full more military it looks like at the end north korea military or you know any military around the world people are stoking the seas there's financial incentives and stoking both sides of this and it's inevitable which with the failure as thomas lee a fun tract said that their loss of faith and institutions and we're getting a history lesson like this is explains what happened during the dark ages of europe

this explains how people coalesced around one lord to go fight some other lord like how did that happen why do you go travelling across the world to go die somewhere like with the point but this is this is the same thing that happens over and over throughout human society i see this as the bookend to shock and awe if you remember shadow of the iraq invasion parwan under norman schwarzkopf and the way the cable news cheered on and then the us you know kill half a 1000000 iraqis that was under bush one bush one for fun they did it 1st for fun and the 3 cities trap refer specifically to the u.s. and of course the u.s. giving way to china and it's still the world reserve currency though so the u.s. incredibly even in this late stage of the game still has some importance in the world oh it's rapidly falling and we'll see this forest turning maybe some cities track meets because i mean is going to create quite a fascinating 2021 it's actually better having lived in europe for a long time they use. powerful empires they used to have powerful imperial powers

and armies around the world they live way better that individual citizens than an american citizen by my own observation so you know power people are trained to life want power for their lords like lord mad cow must have power and i love that like even though you are sitting in some sort of squat with barely any food and no heating on like you feel like if that's your only source of empowerment and actually can get better in some ways but i want to also mention in the last few minutes here that we have this day globalization thing happening in response to this because the world like if you're inside this fishbowl of the hate these 2 sides of hate coalescing into like you know the spiral of hate that is getting worse and worse from outside this is what it looks like when you know a quarter nation of silicon valley and obviously silicon valley they're all the c.e.o.'s are democrats and they're choosing sides so we saw them d. platform president trump like over

a week ago and here's 2 twitter responses one from bronco milan avik who is a you know he's an academic and writes about wealth inequality has been done that for decades and he's really good at that and then bruno matias who's a former portuguese politician so bruno says time to start a debate in europe on whether we want to stay tightly connected to a u.s. internet where repression of speech will keep growing because as these battle lines get harder and harder and more and more like we got rid of the hardliners now we need to go to those who are kind of sympathetic to the republicans are sympathetic to charm or the $75000000.00 who voted for trump so do you want to be on that internet connected to that sort of system where you know amazon google you all of them work in coordination to target people and then bronco milan of it in response to trump being the platform said it is beyond bizarre does twitter have the right to decide should twitter ban hong kong protesters. arbeloa reese demonstrations are

on the final result will be the balkanization of platforms so i think that's one trend if you want to look at a trend to invest in our short term or look for other alternatives to the internet as we know it like that could be something you see the growth of as we have a balkanization of it right in europe looks at this aghast and which is ironic because a lot of the people that are defending it are citing european history as a reason for it but then the germans in particular don't agree with arnold all right we're going to take a break and when we come back much more coming your way. the

war in syria has lasted longer than world war 2. who has been suffering the most in this almost undoubtedly long conflict regular syrian people. need is more than when your wife of 20 years you know of the strangest thing i could see everything with my own eyes inherent to stories of its residents one group in particular russian wives of syrian man the hostels and. they were pleased to come look up to his nationalist maybe it's. some rumors assumed. search is going to be known chris in the film you may. know.

him and those he just came up with if they get in your field of. antarctica is a very international community. meeting you through the trip is only good for. you this is a good soup if it is the slow slow slow you believe in jesus. or the pollution of the world food is food good for brazil so there nuchal script. is everything reduced the illusion we live in front of t.v. with all the above the. 5 ahead level the fact of the day but i decided not to fake if this life. with my gave you the. right.

welcome back to the kaiser report imax keyser time now to turn to dave column he is a chemistry professor who for the past decade has been writing a legendary year in review at the end of its increasingly mad economic year dave great to see you again answer all the b. review you've got it's all right well let's get into this report so you're 2020 year in review is called the year everything changed the year review covers many topics which are the 2 or 3 biggest economic changes you saw in 2020 let's focus on what is the biggest change you saw in 2020 dave we did a controlled demolition of the economy and said oh which i don't think it's going to make its way back and in any sort of easily foreseeable future so i think we are

undermining the wealth creating capabilities of the economy that's interesting because the economy looks like it has kind of crashed right of the small to medium sized enterprises are getting wiped out and there doesn't seem to be a lot of talk about how that is the seed stock that fuels the economy growing forward it seems like people tend liberal a just kind of ignore them and let the majors like the amazons of the world take everything so yes you're calling this a controlled demolition so is it is it a controlled demolition or was it just kind of a. unforseen consequence of really bad policies well a question is what was the motivation of the really bad policy or why i can at least entertain the possibility that they knew what they were doing because i can't they're all that stupid. and so i know i think it was sort of a controlled demolition i saw overnight and several days 275000 restaurants died

in december that those are 2 or 75000 restaurants were. oya. who are. who don't have alternatives right restaurants waiters things like that. they don't have a lot of there are other jobs i guess that's where the bottom rung you go to starting get started to slow down a table want something done right in many of those across our family businesses so when you take out the restaurant you're really impacting the entire family so that's an enormous damage sociologically an economically now this file leads me to my next question here senator mcconnell his front door was recently vandalized with spray paint asking where's my money so this is part and parcel the same thing if is a controlled demolition. and we are going into an arrow of money printing and some call a monetary money monetary theory etc are these 2 connected are is this like

a segue into this new reality where everyone is completely dependent on the state for their money and they have no jobs dave it's a little surreal that modern monetary mary which has been banging around for 100 years basically said look you can either tax you were just print money and shows up another way or. it blew into view written 2019 and now all of a sudden it's being used and 20 want to you know i'm going to lobby. the government mandated shutdowns sort of make it a must so no i don't i'm not a big fan of you know government writing checks instead of people doing doing doing jobs but when you forcibly shut them down you gotta do something so it kind of mean modern monetary theory you know a necessary evil which there were gets back to the what were the shutdowns about now if you use a phrase also here which is interesting or talk about and investable world so let's

talk about a section of your hero here review called wealthy. creation and you ask is it even possible anymore and i guess that segues into do we haven't invested whole world any more i guess this is what hinting at is that if you dislike the death of capitalism what it sounds like dave is let him i wrong i'm in a good comparison when trying to do what 2 dozen pages of. you look at whether they're silicon based job or not so the present day i don't think they create a lot of wealth so our you can say that google has this phenomenal company you base great data with the i like that or not care but but it really that makes the basic fancy advertising company. do you really want to compare twitter to us and want to share here's a good one sales morse vs fives your sales or worst person. which

i'm not exonerate yet makes no sense that makes. and so we're heading towards this world where the companies don't actually in my opinion great while they smoked it disappear morrow and we would notice nothing precisely not them and so on. and so is wealth creation and seems now it's while drag asian people are going fabulously wealthy owning shares makes kind of cons can cast. slow at a younger age 60 brilliant little quick math moments castle jumped in one day. the equivalent of $200000.00 per car maybe in the last calendar year or kind of crazy markets and there's nothing saying that makes it not a bust the ball to me and elon musk of tesla said recently if you want stuff you've got to make stuff so he's referring to the fact that he's making cars and i guess kind of differentiate himself from some of these other silicon valley companies that are just making software and are scaling by adding in more servers and the

cost of doing that the bottom line is enhanced pretty dramatically. and the question i have for you professor is i've often thought about this question the public domain which is the common domain they come to the open free space seems to be have been completely impinged by big tech and that we no longer have a public domain we no longer have free space we no longer people don't go to the library anymore they don't go to necessarily they don't know what i'm saying here is that the common domain is a comment a main been obliterated i've been trying on twitter a lot since well since you know action and since the capital chaos. the $1000000.00 question is can twitter someone because they are a you know they're not a private concern they're publicly owned but they're not a government concern and you fire back would be can you exclude blackshear diner no

race creed color his politics not created and sound very reasonable people under normal circumstances or make me argument that twitter blow out 70000 people because or want to play on one side. i can actually understand the blowing out i can kind of get my brain around the big blue eyed generals land a blue i don't rhyme pot got knocked off base rock pulse never sent me a lamb burns like he's a sweetheart of a guy he needs never are. angry you know riches younger big blue right now mr me is a combination of. first amendment breach in a serious way and i really answer the 1st time i like to talk about the rise of mark terry and some in the united states you know people are quick to malign the government but the government would give us things like the telecommunications network that were developed and maintained by the government upon which these

applications rests so therefore they're on the public domain and they are inherent to the constitution the argument of private enterprise is simply i can open a hot dog store a shop in the middle of a highway the government built a highway i cannot build a hotdog stand in the middle of the highway right. constance similarly i cannot build a public enterprise and interfere with the public's business so it does this man and a lot of people are talking about this that they feel u.s. government has the technocrats and the government a fused together in what's called a core proc or say that we reached that tipping point now where there is no real public government citizen government. by and for the people i think so and weren't scott riordan you know there's no doubt the own danger and john d. rockefeller is romping around that you know connections to government and big guys you know the nation and the industrial revolution certainly have what it was. i

guess abrogation of free speech which is now in great risk and if you can't mention what's going on in the current dialogue there isn't a sense of it's fun for people who have the wrong political views and you saw an article today of the. college admissions group that had all conjured mission just sent out an e-mail talking about what happened at the capitol . and there was no room for discussion it was all stated as fact and i'm i'm asking why are we sending to every college bound kid me i'm sorry what it would is somewhere between a contestable argument and. and propaganda so our media has led us down for a fight in iran or medias at this point we depend on you sounds like you and stacy re depend on the bloggers we depend on scattering ourselves the media itself the so horrible bit that i would say get rid of it except for

a fact and ask boehner i'm direction right so i don't know what to do i'm a little lost it's a great point to dig deeper into but i kind of want to switch gears here for a 2nd because you're calling a top in the bond market this has been a widow maker for years and years and years everyone has called the top of the bond market as gonna see the bond the straight a lot higher why what has brought you to this conclusion dave are you the next generation of those who are going to lose money on this bet or what's going on dave tell us why is the bond market over extended i'm not going to lose money because i'm not betting against it i am staying up way out of the splash now inside and learn not to short any such hassle let's take a ponzi scheme to me i don't short that's well known in the right mind would do that at this point. the bond market may not be near it's how we got a negative tempered senators right so of course the bond market knowing where it wants where the bond market currently exists is that you can't own bonds and make

any money yet there's no way to profit from bonds unless you're indexed restraint and we're not traders most of us are not just sixpack boomers retirement funds not of dollars are qualified traders david toppers upright sound bite mark is no longer worth anything at say as a revenue stream so interest patently a ponzi scheme absolutely the end. making money on it it comes from the new money being injected into it from the central bank to the point right there are actually negative yielding bonds at this point and this is a one of the biggest ponzi schemes ever in the history it's i know interest rates in america are trading at a 240 year low interest rates in the united kingdom are trading at a 300 year low that's so much of a bond you know bubble we're talking here now you recently said on chris martenson spot cast that the problem for governments is that they can't tax deflation. they

can tax inflation elaborate this is a concept i came up with last year i was talking about the evils the perceived evils and the reason the way she has stated is small people want to in a currently inherently inflationary bank insist that if you pay interest on debt you're going to be increasing the money supply now if you haven't the flash mary ran it means something screwed up royally and that something is i'm downright 5 percent back when we're going to take the pledge in central banks when something bad so they don't like that the 2nd thing is that if we for example get not appreciate your assets but things get 5 percent cheaper each year. for assets of 5 percent real yield for governments that taps you there's no taps of all of that and in fact if there's a really fleishman in your assets now and you get the law against some x. or future years so governments need inflation or nominal returns professor we're going to have to carry over to a 2nd segment i'm learning

a lot in your classroom i hope that's ok but for this segment thanks for being on kaiser report i'm glad to be here i love to do a 2nd not 2nd session let's do it all right and that's going to do it for this edition of cossar report with may max guys are safe there and want to thank our guest dave calm until next time by oh. i can't show you my face but i'm going to teach him a story in 9093 and this man was sentenced to death. they could charged with capital murder even though he didn't have the gun didn't pull the trigger didn't intend to kill anybody imagine the bigger your best for the week which is the end of the $23.00. i felt that i had to serve. but did abbey serve to be. confined within 4 gray walls. before the choosing. will be believed in

this room. the headlines this hour 60 e.u. nations has touted fines after receiving fewer cove in banks in doses than they had expected the company says it's down to manufacturing upgrades designed to boost production. another era strategist is lined up for the incoming biden administration signaling a rocky road ahead for relations with russia. and the high profile u.s. democratic party lawmaker calls to rein in the media over dissed information leading investigative journalist glenn greenwald talks to us about the possible consequences for.