she did. and really became his drug dealer so who's to blame patients manufacturers. the. european. countries to keep the. probe into new cases of blood clots potentially through the injection also ahead is this again. this is. every stage of this epidemic we might say to ourselves that we could have we made mistakes this is true. of the other french president of the country. national.

health more likely to quit. with many side so we speak to one british. side much. to help. the. $2000000.00 dead and the origin of the corona virus is still a mystery. many questions. on friday any stories you've missed. the meantime. the top of the hour with more of your.

i am max keiser this is the kaiser report you know i see you that's right bob i see you standing in the hotel right now eating a croissant drinking orange juice. well holy kidding i don't actually see you but soon that will be the case since i'm max you and i have been talking about something called the fisa these trap which is as a rising power takes over the declining power over says us we see a process of de globalization happening and we're seeing that play out across their surveillance capitalism that panopticon built by private corporations for the most part and now we're seeing it play out in a geo political level because all of our cars are spying us our refrigerators are spying on us our washing machines are spying on us our computers are spying on us all of the things smartphones everything around us is spying on us they're collecting data on us they say it's just for corporate reasons for profit they're

selling ads they want to know their customers better but it turns out that there's actually a way to these companies are making a profit for their shareholders this is what the shareholders demand they've got that data why not make profit from it so what a lot of car companies are now doing is they're selling all that data they collect on you just to help you the customer they're selling it to private groups who then sell it to the government to you know target people around the world so 1st here's this headline this surveillance company claims a contract nearly any car in real time a defense contractor that claims to have access to motor vehicle location data on a global scale says it wants to use that data to help u.s. federal agencies conduct more efficient spying and military operations the list his group which offers cutting edge operational and intelligence services support equipment to government clients says it can access over 15000000000 vehicle locations worldwide every month this data which can be viewed historically or in

real time should be used operationally by u.s. agencies the company says so this is surveillance capitalism is done for profit so therefore can you complain about it because it's not done by the government but as done by a private company who profits by selling it to the guy. well we're heading to the singularity right and because the 3 major components of the surveillance state band with and storage 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 a 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 its 4th amendment rights and your rights against search and seize or because just to seize or 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 ulysse script provides telematics based location intelligence on both real time in 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 enhance situational

awareness among many other applications ulysses analysis and existing access to pay . 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 thank 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 batted and 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 solving 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 it 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 up 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 hear 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. the power electronics and homes and businesses so again these costs are also going to go up because those solar panels and china even with a $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 but restoral are 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 has also got to 0 and just get to know yourself and think about that during a break and want to come back much more coming your way. historically speaking in the cold war was a great ideological confrontation western liberalism versus soviet communism according to joe biden the great geo political struggle of our time is democracy versus autocracy for by we are in another great ideological struggle but there is

a difference the west particularly the united states is the only ideological actor . we are segregated. by social class lower middle class people also in poverty they 1st. if you're born into a poor family if you're born into a minority family if you're born into a family that only has a single parent that really constrains your life chances people die on average 15 years old if you born into generational poverty. it's a. fight every day. you eat your needs and the needs of your family.

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 print 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 is 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 until we love 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 now 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. 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 the most other forms of debt corporate debt in 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 expressed that way that in other words the biggest honor of bonds assets it's the same group that alan's the majority of stock. the same grip that on the most high end property and that wealth in cap is growing so

who say that the debts the problem because it's only money they only allow 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 is a lot here you sang correct yeah well tax revenues go to pay off the interest on bonnes 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 help the whole economy works right now you know as if 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 both for me and i'll get back what's been stolen from you you know and 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 wouk population really woke up at 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. ownership 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 tear up millions of dollars every day and we don't care doesn't something like that what 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 them 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 the r. 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. 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 but 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 renewable like solar and then it's 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 better etc better were 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 covert relief down 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 one point to 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 won't 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 thanks matt all right that's the idea for this edition of kaiser

report let me ask as or stay here but want to thank our guest on our panel of dollar collapse dot com so next time by all. same wrong. but old roles just don't call. me old but yet to shape out of disdain become to advocate and engage with equals betrayal. when so many find themselves worlds apart when chance to look for common ground. humanity has never seen such strange natural phenomena befall giant creatures

appearing in the peninsula. one after another. but never the algebra again you prove yourself to get you to believe you know whom does love with those over does he want to hear. this one appeared in 2020. how often and where will new creases appear as a discussion of how dangerous own day for human the slum only it is to build 18th and 21 russian scientists came quite close to working out what's going on. they built a full scale 3 d. model of the black hole.