burridge digital storage and digital processing those are the 3 components and they're all crashing in price to 0 they go down the same part of curve to 0 so eventually will be storing transmitting and processing and for chile infinite amount of data and this will be processed for us by these huge tech companies and what will be revealed is the key plank of the singularity and that is that we are not moving we are not animating in fact all humans are in a complete state of homeostasis and that nothing in fact is changing. and this is we have to thank our overlords for this because the face of the creator will be revealed and this is this is all planned. the cosmic planners and there's nothing to fear because we will have at the at the at the moment of

singularity we all have of the quantum realisation of the cosmic now in the meantime i feel like it's probably violating 4th amendment rights and your rights against certain caesar because just a caesar seizure so that they you know the your dignity and your privacy because how honest are you going to be with your others or yourself if if you know that the government could be watching and seeing and understanding you because look at the data that they're actually collecting in this next quote i'm going to read what profile they are building of you and ironically enough the only 2 peoples free of the surveillance are those in north korea and cuba so they this company cannot collect data on those 2 countries so they are more free from this global panopticon then we are from ulysses group the name of this company so

a documented chain by the office of senator ron wyden which was 1st reported by motherboard and shared with gizmodo shows that ulysses claims to be able to remotely geo locate cars in nearly any country with the exceptions of cuba and north korea in the document the firm explains how this might be useful to a governmental agency the of us who script provides telematics based location intelligence in both real time and historical formats the data could be used to geo locate tracking target time sensitive mobile targets tip and queue other sensors develop patterns of life identify networks and relationships and then hansa to ational awareness among many other applications ulysses analysis and existing access to. commercial telematics data represents a revolutionary opportunity to collect and analyze real time data on mobile targets anywhere in the world without deploying into harm's way whether you want to geo locate one vehicle or 25000000 but this is the data rapture it infinite amount of data transmitted infinitely. store for

a cost of 0 an infinite amount of data we become one with the data we are we're going to lose this. mantle this corporal mantle and we simply enter the the infosys fear. in and unify so this is this is been preordained this has been known for centuries that this is nothing new it's now it's happening and there's nothing to fear but you know we just have to be ourselves and trust that this is going in the right direction and there's no there's no it's a roni is to say that there's profit at the profit there's a profit motive because obviously when you have a 247 surveillance state on everybody all margins of profitability go to 0 as well as well as the storage the transmission cost and everything else

associated every single profit of every single company goes to 0 because there's no way to compete and there's no way to. carve out a margin if the cost of all is ear oh so this is a socially corporations are committing corporate aside i don't know what the word is for that but when they when they gauging this they will notice that all profits go to 0 and they will wither away like dead leaves in the wind so how about it my corporate brothers take yourselves out of the game by taking the cost of everything to 0 and will say goodbye to you forever think this you farewell for you are no longer needed well max might not fear the panopticon but i do and i will avoid i would rather have a cash for clunkers member that program where they convinced everybody to hand in their clunkers and of course those clunkers those old cars had no surveillance technology they didn't have g.p.s. and computers and better than that and i prefer not for ulysses group to profit off

my data if if if if that's the way we're going and your data is like something that should be mystically given to the system then perhaps we should have a conversation about that or maybe even profit from it like you know there's this ulysses group. in terms of the data they are raking in a lot of money and selling there are data right now like these these cameras are recording data and of course they're giving it selling it to the government a 2016 study by dreaded consulting firm mckinsey projects that by the year 2030 the global revenue generated by car data alone just car data may total anywhere from $450000000000.00 to $750000000000.00 so somebody is profiting somebody is going to make money off your data where you're driving how you're driving what what sort of mood you're driving in are you driving erratically are you you obviously were in a bad mood and they try to piece together your life and why are you in

a bad mood and what's with that person's hate certain loves or whatnot and you know if if if the if the political system you know it's been stable for the past 100 years or so but if it gets to tell it's hereon and they decide they don't like people who don't like daytime soaps then maybe they might come after you like there could be anything that they target us but also here's another story about the dea globalization happening because of it 1st off we have china bans tesla's from military complexes and housing compounds because of concerns about sensitive data being collected by onboard cameras so that is not going to drive the price down but actually drive the price up as de globalization happens and only national by where surveillance capital missed is allowed in any individual country so american people will only be allowed to be spied on by the u.s. government and any corporation that sells in the data chinese that economy

1400000000 people only be allowed to be spied on by chinese government or are capitalist companies companies there who have back doors for the chinese government say with europe same with latin america all over the world you can see that so is going to drive up costs because if tesla can't sell to china because they could only sell to america because they have to put a backdoor. and for the government then it starts to raise costs i don't think i know you see a future of declining costs but i see it rising based on the d. globalization if they are surveilling people's cars or the cars or surveilling people and so failing state apparatchik and their beaming that information over the satellites back to control and they're processing that information and then at the get to a point of again the singularity all of the information in the world when you put it together and process it simultaneously it adds up to 0 it adds up to nothing all the illusion of differentiation will be obliterated the illusion of making

a profit will be obliterated because we're entering into a period of a singularity where the collecting processing sending and storage of all information known throughout the cosmos simultaneously in the the digital obama and therefore that knowledge is that there is nothing to know so this is just speeding this up in it's meaningless in the end of the day there are no profits to be made so the cost of solar also could go up because of the fact that china of course also only makes and there are a lot of deed a collective effort and telecoms inside the solar panels so china makes all of these refrigerators washing machines all of the electrical electronic equipment that gathers data on you here why the west is worried about china's renewable

energy dominance chinese linked company huawei better known for telecommunications equipment and consumer electronics has also become one of the world's largest suppliers of solar inverters a critical part of solar p.v. systems that converts direct current power generated by solar panels into alternating current. to power electronics and homes and businesses so again these costs are also going to go up because the solar panels in china even with the $25.00 or higher percent tariffs on them that trump introduced they're still less than half of the cost of any made in america so if you need a soda or a solar panel that spies on you for americans it's only going to be allowed to be an american made company well that's but mr fuller pointed out the amount of energy earth gets from the sun is a 1000 times greater than what is actually use so the price of energy is also going to 0 and just get to know yourself and think about that during a break and when we come back much more coming your way.

an entire village in alaska has had to move if another country threaten to wipe out an american town. we do everything in our power to protect the. water then escaping climate change is the same threat right now alaska seems some of the fastest coastal erosion in the world we lost about 35 feet. 35 feet of ground in just about 3 months while we were measuring. is fast and that means the river is 35 closer than how many was or i think were part of

a murder 1st for. worse. in the 1920 s. and thirty's several 100 african-americans moved to the soviet union and many of their descendants still live in russia. again at the most because you know no rush for us though up our stuff yes it got chose for us to own things on your way. back home black american suffered from racism and a complete lack of prospects. is that columbus about the real live below 0 shows one by else a store on but by doing. so they decided to leave everything behind and start a new life in a country about which they knew almost nothing at all some of the our careers. were through during the night. around great crowds. lulay of

golf you know going to the oakland. and now almost a 100 years later the history is repeating itself my great grandfather george time went through russia. probable worst. to go anywhere why not me. what if i come here. was a pandemic no certainly no borders and just blind to nationalities. has emerged with the we don't look like seen world peace to be the chief. judge of. commentary crisis a little distance. we can do better we should.

everyone is contributing each of our own way but we also know that this crisis will not go on forever the challenges create the response has been masked so many good people are helping us. it makes us feel very proud that we are in it together. welcome back to the kaiser report imax keyser time now to return to our conversation with john boehner dollar collapse dot com welcome back john so many who voted for biden are expecting analysts start demanding universal basic and calm the president does say he wants to start giving guaranteed monthly checks for every

child what do you think of this drive toward u.b.i. or m.m.t. similar will that help the u.s. compete against china i've never thought of it in those terms you know i tend to think of expanding government spending as a response to the fact that we took on too much money to cover previous or too much debt to cover previous balance of of overspending so that we have no choice now but to prince and hand to the banking system more money year after year after year to keep the economy afloat because all the previous that we took on is going to blow up otherwise so yeah you be are we part of it a big infrastructure plan a big part of it. pretty much any other kind of spending you can think of and debt forgiveness will all be part of this that you know they're going to have to give a you know get rid of most student loans because most students can't pay back their loans. a lot of mortgages are probably going to be forgiven at some point and this

is going to go on into a lot the system you know we have no choice now but to continue to spend and prims and borrow to keep a deflationary depression that day and will do that until the pressure has been so so completely shifted over to the currencies that you get rising inflation which is the same thing as saying a falling dollar and that becomes disorderly and then there's nothing left to do you know that the end of this party comes when it becomes clear that the fed and the central government have no more. tools left to fix things and right now it's still perceived that we have some tools you know we can borrow and spend a ton of money we can borrow a lot of money and buy back most of the stock market if we want to you know their government could become the biggest owner of the s. and p. 500 we have an unlimited printing press that allows for that possibility so there are all kinds of tricks that are still possible but every one of them moves us

closer to a point where on you know our debt burden is unmanageable nobody wants to hold the currency anymore and everything collapses so that that is coming u.b.i. debt forgiveness all that stuff that's going to be part of the. the thing that takes us there and whether it's next year or the year after the year after that that happens that's unknowable with the fact that we're heading in that direction is kind of obvious what do you say to people like at the editorial pages of the new york times that well that's no problem it's only money that we ourselves is that true or is that our flaw in that statement well it's money that some of us. to others of us and most of the you know the owners of government bonds and most other forms of debt corporate at everything are the super rich so you have to the extent

that bonds and other forms of debt require the rest of us to pay the super rich ok i guess you could say that we owe it to ourselves but only. if you don't differentiate between different groups in society so i think the idea that we owe our national debt to ourselves is one of those statistical tricks that governments and the media that supports the government uses to get away with things quite nice let's us that's something that's very interesting and i membered express that way that in other words the biggest on. or of bons assets it's the same group that sounds the majority of stocks the same group that on the most high end property and if that well fitting cap is growing so new say that the debts the problem because it's only money they only owe ourselves that we're pointing out is part of this wealth transfer that's going on where all of the money ends up going

into the hands of a very very small percentage at the very top of the bond market is actually an instrumental in that wealth transfer up here you sang correct yeah well tax revenues go to pay off the interest on bonds and if the interest on not you know if that interest then flows to the richest one percent who are most of the bonds yeah it's us paying taxes to give money to those guys which you know it's not unique to the bond market that's kind of the whole economy works right now you know as much is the stock market is basically just a game to enrich the the one percent and the same thing with roky real estate you know it's all money flowing and you know even if it's just inflation that pushes those things up inflation is a tax it's a hidden tax on savers in other words if you've got a bank account that you know in point 05 percent and it's lation is 1.5 percent or 4 percent or 6 percent or whatever it's going to be soon that means your savings

shrink. by an amount that is being transferred to the one percent so. what's surprising about all of this is not that they're doing it is that we haven't figured it out you know if a sufficient number of people got this then we would have a french revolution kind of thing in the us where the peasants rather pitchforks and the castle and and try to make it right try to get back what's been stolen from them but so far you know the only real evidence of that and you know this isn't minor evidence this is a real thing is this is success of donald trump and bernie sanders both of whom have that the same message which is hey there's a group of rich people screwing you over vote for me and i'll get back what's been stolen from you you know those guys are doing very well they're not good enough to the wind in the last election but but they're still attracting a lot of attention which implies a lot of people get that the system isn't working for them anymore. so politics in

the us is going to be like this is going to be crazy going forward until some kind of a resolution happens which is to say until there is some kind of a transfer of wealth from the top to the bottom and how that happens is anybody's guess but until it happens we're going to be a very fertile electorate for populist messages and at some point we're going to elect a you know a kinder gentler donald trump or a younger bernie sanders and we're going to have the kind of government that actually tries to implement some kind of a transfer from the top to the bottom which will cause chaos in the markets so you know populist revolutions tend to start very optimistically and ends very chaotic lee and that could be yet another thing that's in our future that's not going to be fun to live through any mountain that in the past something is like triggers events or action of some type and you're postulating what could get the well population

really woke up out this. transfer of wealth that's happening systemically throughout the economy and i saw something this week that some a would represent a let them eat cake moment and that would be jack dorsey selling for $2900000.00 a somebody has the right to claim that they own something that in fact they don't. own a ship doesn't pass to the buyer of this tweet a copy of a tweet and that's just clearly an example of somebody taking $3000000.00 and ripping it up in everyone's face and saying ha ha ha ha ha you have to live like dirt waste tera millions of dollars every day and we don't care doesn't something like that won't won't that kind of rub the population the wrong way john well it might it's you know but if he doesn't sign of inflation the the n.f.t. movement where nonfunctional tokens are now you know they're digital assets that you can create and then sell via

a block shame and have guaranteed record of your ownership ok but it's not a it's not a real thing it's a it's an image or whatever. but the fact that there's so much money sloshing around in the system is is really the important thing here because that leads to bubbly activity like and have to use leica and there was an artwork that was sold via and then a few in the last couple of weeks where christie's they are auction house didn't really know what they had so they started the bidding at $100.00 and it sold for 69000000 dollars now on the one hand that's a sign that. the block chain has caught people's attention and it's considered very cool now and that's you know there's a value to that and in bigger part it's the there's all this money out there that doesn't where to go you know we've basically enriched a lot of people on a scale that well that leads them to pay this kind of money for those kinds of

assets right and just to make clear that the buyers of these and after. they don't own what they what they're buying it's not of it not passing ownership they don't own it you just need to salve a bragging right that you paid a lot of money for something you don't own there's no ownership involved just to be clear you own the the image that was sold via blood and the artists and resell the next day. yet when they can't resell that they have a nasty the next step then yeah the image can be anywhere you can make a 1000000 copies of that n.f.c. and they're all identical that the artist and ray sell jack dorsey can resell that exact same thing and if a number of times there's nothing there's nothing messed up them from doing that that there are there is no ownership involved is no copyright there's ownership a lot of people like and that's the money laundering which i think is the closest analogue that you can come to i mean the art world is rife with money laundering and 69000000 for something you don't own smacks of money laundering to make but that's another story so joe biden has dropped hints he wants

a $3.00 to $4.00 trillion dollar infrastructure plan including incentives for a new a balls like solar and then is that possible that we have the money was not inflationary how will that hit the economy john we haven't had the money for a few decades now but we have a printing press the letters make more money so you know we can print money to do whatever we want to in so the government is catching on to this now and i mean trump was untrue in dollar deficits himself so it's no surprise that a democratic administration which is you know it's the government of earth the party of big government is going to do this in a bigger and better way than trump did and yeah we'll have an infrastructure plan. and that's the easiest sell when you think about it of any kind of major government spending plan because everybody wants new roads new bridges as steadier etc better we're easier to get to that's the kind of that makes people happy so we'll do it you know if it it probably won't be for truman it'll probably be 6 or 8 trillion

when all is said. done spread out over 10 years or whatever and they'll create the money out of thin air and they'll spend it and it will boost the economy to an extent but it will also boost interest rates you know so we're when we do this stuff where we're feeding the same feedback loop in which. rising economic activity leads to rising inflation which leads to right it rising interest rates so yeah we're totally going to you know we're done with the 2 trillion dollar stimulus plan right now or code that really found now we're going to go for a bigger infrastructure plan and then we'll go for debt relief and lots of other things you know it's never going to stop until the market forces it to stop so that's really the on point to this because you know governments 1st of all they like to spend money 2nd of all they know they have to in order to keep the economy from collapsing so they will do it mostly in the hope that the things hold together

until they can retire and they can leave the problem for their successors and you know with biden that's a pretty safe bet because what is he now 84 here's a hole or something like that it will be around much longer but a lot of people in government are going to be around to deal with this when when the thing finally does blow up but yeah you know the infrastructure thing is is it's a done deal it will happen and then we'll see government start buying equities and there are to buying junk bonds now they'll buy more junk bonds so you know there are a lot of crazy sounding names still in our future oh boy when sounds glorious jonica hardly wait and you'll be there at dollar collapse dot com chronicling the whole thing at the fantastic resource for information john urbina thanks for being on the kaiser report that's not all right and that's death for this decision of kaiser report was made back as are states there but want to thank our guest on our panel of dollar collapse dot com so next time by all.

or. an entire village in alaska has had to move if another country trying to wipe out an american. we do everything in our power to protect. water venice keeping climate change as the same threat right now alaska has seen some of the fastest coastal erosion in the world he was about 30 feet. 35 feet of ground in just about 3 months while we were measuring. he is fast and that means the river is 35 closer than how. i think were a part of earth for. humanity

has never seen such strange natural phenomena before giant coming to us appearing in the young mt peninsula. one after another. but never doubt about the venue for us to get you the info you know them does love for those of us that he wouldn't. miss one appeared in 2020. how often and where will new crisis appear. how dangerous oen day for human this family is different than 2021 russian scientists came quite close to working out what's going on. they built a full scale 3 d. model of the young black hole. problem drugs don't always come from unscrupulous dealers but from pharmacies too

in every state in the united states. we seem very sharp increase in the number of people seeking treatment for addiction to prescription opioids invited america under the banner of medicine persisted with the pain but this 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 doctors manufacturers all the governments. seem wrong when all the rules just don't call. any. yet to shape out just they become educated and engagement equals betrayal. when somebody find themselves worlds apart when she's to look for common ground.

this suggests a gift of lucidity didn't i know did it every stage of a separate demick we might say to ourselves that we could have done better but we made mistakes lissa's true a stark admission of failure is a humbling of the covert process by the french president as the country's death toll news 100000 mark troll is forced to impose a 3rd national book that. also had fears of a nursing exodus in the u.k. as opposed to build one for n.h.s. workers he's more likely to quit now than they were in 2020 many citing exhaustion from the pandemic we speak to one british nurse. with that leaves it needs to increase but the cost of believe has gone out of wages have increased the east side much stress on the nurses and up to the government to help increase the wages.