attacking our positivity to direct attack on america by the world economic forum. the war is on, stacy. that's right. the world economic forum, those behind the great reset, calling for the great reset. you know, they host the world economic farm, dabbles and diverse switzerland. and earlier this year, i guess, late last year we covered them saying that that the great reset was coming and we need a great reset while they're out now with a warning against toxic positivity. yes, they want you to have fear, anger and sadness, apparently fear anger and sadness are natural emotions they say, and we should embrace them to learn more about mental health and how to help dot dot dot. they give a link. this is why psychologists are warning against toxic positivity. you and i know this is fear uncertainty and doubt. they like to encourage that. just tune into the cable and lose my dears for some fear uncertainty and doubt. right. you

know, before america, the world grew up on sadness and depression. that's the state of the world. you had, you had a bunch of lord who are psychotic, and they rolled over the serfs and they tortured them for the most part. and that was life on planet earth than america camera. and it was about pursuit of happiness right there. and the freaking constitution, the bill of rights, the declaration of independence or the world economic form, knowing that they won't be able to take over the world and resume near feudalism unless they get relative america. as now launched us sy ops psychological warfare trying to convince americans that they, we should return to the days when everyone was hiding under a rock frightened to death. well, you know, this is war. we'll see how this goes. toxic positivity, you know, this is a pretty striking statement coming from an organization that once a great reset. and so here are some headlines that might help them with their fear

uncertainty and doubt. they want to so into the population so that they don't get to positive about things. and that is our favorite here on kaiser for our guest, dan collins. he says, almost 1000 ships now back logged to leave china, get your christmas gift. now inflation coming f i, i then invoke, or it's supposed to open thursday, but probably too late to save christmas. so this was in reference to this headline code with outbreaks called log jammed. china's busiest container port. so they're chronicling that shanghai in ng bow port. the 2 port set of the busiest in the world, i guess a few workers there were infected with cove it and they shut down the entire thing . and of course, we know that supply chains during the scope of crisis of a year and a half, whereby everybody is working from home or just staying home and getting enhanced unemployment benefits and huge amounts of air drops and cash into their balance

sheet. and of course, spending it on good from china. so let's see if how this impacts china hope you know, christmas anyway, you know, fear uncertainty and doubt. you might not have christmas. right. well, stacy, as you know, we don't need young from china to celebrate christmas. you can make a snowman, doesn't cost anything. you can take a bit of paper folded over a few times. make some cuts with the scissors. open it up. it's a beautiful snowflake, and just hang that from the window to beautiful christmas item. you can write a poem to each other, write a love poem to your loved ones. you can do that for christmas. you don't need young from china to celebrate christmas. you know, they don't have a god. they don't have a christmas. they don't know what positivity is, so we don't need them. well, they certainly do have the almighty dollar and they've got lots of them and that's something for them to celebrate. and here we have on friday they were $994.00 bulk cargo ships. had been lined up to access 60 china ports of which ning boat and

shanghai are jammed up the most. this is more than double the number of 400 ships waiting and port queues and early august, according to ocean bolt. a data company that tracks dry bulk commodities and shipping operations. so that's a more than doubling and just one month of the traffic jams, a lot of gems at these china, it's so where it's going to be september. october are like the 2 busiest months for shipping container ships. so there, you know, as people are getting ready, the retailers are ordering all their supplies for christmas for the thanks. get after thanksgiving, the black friday, black and fiber monday, you know, they need all these goods in their and their warehouse to ship out. so we'll see. we'll keep track of that and hopefully, you know, the world economic forum will be impressed with our reporting because we'll have some fun for you. like 30 here. remember that during the holidays we watch. it's a wonderful life. a frank capra film starring jimmy stewart and donna raid

a wonderful tale of holiday cheer, family coming together. they usually pay at $5.00 or 10 times during the holidays, put it on 247 on every cable, and every network outlet you possibly can. cnn. just play, it's a wonderful life continuously and you know, interrupted occasionally with that burning your log video that they play during the holidays. you just watch a log burning in the fireplace. you can watch that for hours and it just gives a warmth of joy. you can't possibly imagine, that's all we need. we don't need all the junk from china while max. certainly people need a place to spend all there's the meta tags. and now there's an infrastructure bill coming with more stimulus after that. another $3500000.00 to dole out in the 2nd half of the year. so, you know, they've got to spend their money somewhere. and here's another thing. they certainly cannot spend it at a local retailer or local mom and pop owned retail outlet, right?

because, well, those we all got rid of that. the boomers got rid of those in the eighty's and ninety's, and here's an interesting thread. you know, i'm trying to mange maintain, let you embrace the fear, anger, and sadness. and these headlines here because in the eighty's and ninety's, boomers and generation, next, we got rid of all the local retailers, the momma pop owned, american owned shops. and what we did is we basically took wal mart target staples, all these huge, big box retailer, multi nationals owned by investors all over the world for basically eradicate the local retailer. so this is on the news. i found it really interesting thread here from a journalist named stacy mitchell. even though her name is stacy. she's not related to me. but it turns out the big box stores or an even worse

deal for cities and towns worse than anyone. even their opponents once thought. so in the eighty's and ninety's, the way they got around local regulations and got cities and towns to embrace them, was that they said you would have a huge tax revenue come in. well, now that the data is in all these decades later, they took all the incentives. they took the money to build the infrastructure, to build the building, to build the, the access roads, to that they took the city and town money for that. but the bottom line was actually another story max, there are 2 big costs. big box stores are expensive in terms of the public services . they require mainly police and road costs. and 2nd, big box stores cause the value of downtown and other commercial buildings to drop a few years after a walmart or a lowe's opened the end result for the cities finances might be breakeven or worse

when you accounted for these losses and cost right here in america, i think we should all get back into whittling. i don't know if you recall, but back in the early part of the last century, a lot of people whittled. you take a piece of wood and you get a little knife and you just a little that would call willing, now you perfect, you're willing, you can build furniture with your wiggling skills. you could even build a house, right? you know, you could build toys for the kids. you make a little tour car for your child. you needed a wal mart by some slave may plastic chinese thing. yes, little kid a little cart made out. are you willing would? and who's the big loser? china? who's a big winner? america? i think you're wrong. if you listen to our guest african guess, dan collins, he'll say that their wages and china are actually very similar to here. there's a purchase in price parity. they have a huge middle class. the biggest middle class in the world, much bigger than here, and they actually work for their income. we here don't have to work for income,

where gifted it from by them, they're biting bucks. so the other thing is that, yes, the wages in china have long been suppressed. and partly at the behest of those multinational that are american own, there american, there on wall street, there given funds from our pension funds, our state and local pension funds, all of our pension funds invest into these, these big box retailers. and in fact, the c. e. o is of those have benefited from the price, the wage disparity that is now closed. that is over. so china will be fine if wal mart pulls out. if kmart pulls out of i think came, are actually bus. if target, if lowes of all of the big box retailers back out of china, they'll be fine because they have what is called cash. they have real money, they have real wealth, they have real workers who still know how to make and manufacturer stuff. so that's

interesting here. yeah, they have paper. well they have no bitcoin as a matter of fact, they shut their bitcoin mining down. not sense. they burn their treasure fleet 500 years ago under the ming dynasty has a country made such a bone headed and stupid mistake. and as a result, they're going to watch their empire collapse. they think they've got america on the robes, but we can come back with our positivity and our pursuit of happiness always wins. right? well, in the meantime, well fortunately, one day you might be able to work again and have your own shop and do your own business because wal mart and, and lowes and all these big box retailer said this woman stacy mitchell is talking about our abandoning the cities and towns, they're just like the fractures, abandoned all sorts of wells across you know, oklahoma and north dakota and texas. well, there are bad and in here and now a decade or 2 after they've been built, the picture for these communities is getting even worse. the big box chains are

systematically contesting their property evaluations, slashing their payments and hundreds of communities. and using this concept called the dark store, dark stores, a scheme that the chains cooked up around 2014. when they started appealing tax valuations, my grounds at their stores should be valued as though they were vacant, buildings and not going concerns, which at the end of empire and being pushed on us this fear, anger and sadness to be embraced. i think that i've done a pretty good job. i don't, i won't be too positive about this. i don't want to be toxic here, but i think i've done a good job for the world economic forum here. right? because we got corrupt politicians, there just replace them with honest politicians, something we haven't seen in america for a while. get rid of all the old garbage and start from scratch. yes, it will get it. so china, you lose take. when we go back, we're going to discuss more interesting things. don't go away.

the me the, the only one main thing is important for not as an internationally speaking, that is a nation's allowed to do anything, all the master races. and then you have the mind, the nation, so the slave, the americans, brock obama and others have had a concept of american exceptionalism. international law exist as long as it serves the american interest. if it doesn't, it doesn't exist. like turning those russians into this dangerous go. you man, that wants to take over the world. that was a culture strategy. so some of it on your own. i english v i v i n r, leashed off in one tablet, block,

nato to it's our we move east. the reason us had jimmy is a dangerous is the lie, the sovereignty of other countries, the exceptionalism that america uses and its international war planning is one of the greatest threats to the populations of different nations. if nature, what is founded, shareholders in the united states and elsewhere in large companies would lose millions and millions or is business and businesses good. and that is the reality of what we're facing, which is fashion the, the the

the me welcome back to the kaiser report. i'm at kaiser time now to go to david morgan of the morgan report, david morgan, welcome back, max. gotta say the pleasure, david morgan, we just mark the 50th anniversary of the next and shock when president nixon close the gold window, thus defaulting on us obligations 50 years later. what's your assessment of the consequences of that decision we're going in the jubilee. 7 seven's. remember christine guy talking about the magic number 7 and every 7 there's a shimmy. just 7 times 749. so great roll over to 50. if you were there is this,

it, i don't know, but i thought it through a bit of a curve ball and i'm not ruling charlie and being somewhat straight up about it and you can play the straight man. i think there's going to be the reset sometime in the 50th anniversary. in other words, you've got a year ago or less markets and society. and history tends to go and cycle, you know, you find cycles and they pop up over and over again. and we could very well be looking at of seismic chain certainly. and other cycle people talking about is the 4th turning. this is another historical precedent where generationally speaking good man create good times, create bad men creat bad times to sum that up. so 50 years later, do you believe it was fitting that the u. s. empire basically collapsed on august 15th, in the place where all empires go to die and that's afghan, a stand. so remarkably on the actual 50th anniversary, david is the day when we essentially saw america collapse and capital. yeah,

there's a lot to that story and you're part of a day share, a little bitter 100 g, a pull up politics to me. but i did look at the war and as you know, i, my background came from, you know, pretty high level connection, the air force and, you know, they have 2122 from the stuff that no one knows about. but i was privy to you over 30 years ago. i don't think it's over max. i think this thing is going to accelerate. i think we've got a lot to pay for. i think these deeds of what's going on in the global empire is ending. and it's not going to be pretty, and there is one week, and i'm a indicator that would indicate that things are fundamentally different and that would be inflation. and for a long, long time the inflation has been hidden. its been hidden principally by outsourcing jobs and factories that china, where the slave labor in china was giving america a lot of cheap goods. so we didn't really have that inflation that we had back in

the seventy's. or we had just outright fraud by the central bank. who would he, donnelly, adjust the cpi number to hide the fact that there is actual inflation. but my question to you is it appears as though we're entering into maybe a thick, more goal inflationary period with prices now, kind of the genie is out of the bottle. what do you think? well, i think you're right on your basis. i also think that it is out of the bottle and that most people aren't in the stock market. most people don't really know how the banking system works. most people don't even know what the purpose of interest rates are. so all they know is that when they go to fill up the gas tank, when they go to the grocery store, things cost more and they equate that to be in place. and even though it could be a supply breakdown or a food shortage is some of the reason prices for stier. so i think it's a lot to do with the psychology. i mean, power in speech and just listening to it. even talked about the seventy's and how people started to expect inflation and how they're watching that very closely. i

don't know how they know what the inflationary expectations are with their data, but i'll leave it to them. maybe it's the n s, a spine on all our, everything we carry around with us all the time and they are certain buzzwords and they get data that way and i'm not being facetious. what i do know is that i don't think you can break the back of it in the needed category. was that it's food, it's housing, it's energy. i think those are here to stay, regardless of whether or not it turns out to be temporary, because there might be a further a commercial real estate. but there could be sooner or later something in the bond market. i just took a look at a few of the charge for the interview, so i wanted to just, you know, get my head around the big pitch your course, the bond market looks great. the s and p does a great move up during the speech. i mean, happy times are here again, matter what you can be so concerned about looking at the geopolitical saying a little bit extra countries aren't buying,

buying the story and they're not drink and the cool aid. brazil, south korea, russia are now engaged in active interest rate hikes. i think they're trying to get ahead of what they see as being an out of control inflationary scenario. these are commodity producers typically and they see the data 1st hand. do they know something that may be j pal? doesn't know very likely. i mean, let's go back to the big, big picture natoya. it's energy. and if you've got russia getting in on the act where they don't know if they can circumvent the dollar, look every time anyone want to circumvent the petro dollar and sell for oil or anything but the u. s. but then there was a price to pay. you look at what happened to daffy, you look, which happened in the euro zone a couple times. and now that's going to happen. it's happening. and i think that's kind of one of these. one of the signals to this 50 or jubilee this. how does sorts

out again, i don't think will be pretty, it will happen exactly how i'm not certain, but you know as much as me, if not more on the central bank digital currency. i mean, the whole thing about defy was for decentralized fine, and bitcoin being the star leader for a long time. but now after a short time, there was a k y c. you know, you can be as anonymous as you want, as long as you go through an exchange and give them know your customer situation. not that you can't do it anonymously. i'm well aware of that fact, but most people don't. so it's back to and you know, it's not to be confrontational max, that, you know, bitcoin, i really love the idea, especially early on to the story was decentralized and it got that to distribute wealth. the way we would like it to buy a free market, entrepreneurial spirit, but it's turned out so far and you can correct me that whales a lot if it's enough you hands and this isn't i don't think with tasha you're not

remote or had in mind. that's my take, we'll get to that a 2nd. i kinda want to focus on a couple things. you're saying there that, that pick my interest. and you were just saying that any country that can circumvent the petro dollar will. and you mentioned some famous cases, obviously in iraq and libya where the wasn't intention to start trading dollars out out. well, outside of the dollar, the petro dollar, and we saw, you know, the hit men are flown in as, as john perkins would call them the economic hit man. and hillary clinton cackling in the white house when the cadaver was, was being actually murdered for, for the sake of the big oil companies. so, but any country that can get out of the petro dollar will, is one of them. one of the things we need to keep in mind here when we see capital fall and we see the helicopters on the embassy roof like we did in saigon,

and 975 is a sending a message to the global markets that the window is open now, for countries to circumvent the, the petro dollar, not the window deciding glass door. i mean, it's all open. it's apparent for anyone with eyes to see. and that's kind of scary because we held the premium position as the empire king for a long time. and we've basically lost it overnight, not that we were weakening and weakening and a weakening. but as you pointed out, so accurately on the day of are very close to the afghan. this, jen were all empires die. we die. you mentioned that your background is good. does go back to one of the branches of military the air force if you have a fairly what at one time at a fairly high level position. so when you see the image is coming out of capital this week, and you see the response by the president united states, is this a new chapter in, in america's foreign policy?

and because i've seen american foreign policy be irresponsible before, and certainly the vietnam war was a quagmire that went on for years needlessly. we now know that the leaders knew it was a losing war from almost from day one. and that was a huge tragedy. but it does, it seems like we're, this is a new territory. david, it seems like this level of dysfunction where we're actually leaving billions of dollars with a weapons behind and thousands of friendlies and put and soldiers that are getting killed. this seemed like a new chapter, so my question is, is this something that's kind of new and then on a scale of given your military background, where would you place this? is it, is it as catastrophic as it looks or am i missing something? okay, well let me try to break that down a bit. is it as catastrophic as it looks? yes, maybe more so i think the number one word comes to mind is predictability

. i mean, we have someone that is supported lee commander in chief, you know, has the final say over the arm services, all branches, and very unpredictable. and there could be an under reaction. and then a week later be an over reaction. and so that's very scary to me personally, and i should think, you know anyone paying attention i do think we're going to hit a new level. i do think there's going to be a lot more, as i said earlier, price to pay. i think we're going to war you look at, is this going to move over into taiwan? are, you know, what's going to go on to this point? and i try and predicting more conflict from this point forward. i'm sorry to say that, but that's what i see. right. well, sticking with our theme that we've been talking about for years now, which is dollar bond market, precious metals as a way to kind of get signals and all this noise. and what we're seeing,

how do you explain the strength and the dollar, and the stock market. there's pyramid, you know, the upside down pyramid. i rely on, i think john, after fed banker, new york bank, fed, how long deceased, you know, everyone goes to proceed safety until they go into absolute safety. what does that mean? the most sacrosanct perceived dead instrument is us treasury's, the at bills notes are box and then you go from there and to physical in the cash, you know, money markets or us dollars. and then you go into physical gas. and then from there, once that starts to break down, once a confidence is broken down, then it's gold, gold and silver, and we're not there yet. we're good and we're in the phase of proving that pair, that pyramid has a good good concept. and that will quantity is king, you want to be liquid, there's nothing more liquid than us dollar, even if you're in brazil are argentina has

a better example. think give up on the base and they get greenbacks, physical currency of the united states cuz it's more trusted. and the whole time i was watching pal, i thought, what would i do if i was in issues, in be honest, probably just about the same thing because it's number one job is even though he says, monetary stability. i'll choke on that one because of anything but a stable monetary system. but he does state that, but it's confidence. his whole speech is about, we know what we're doing. don't pull the curtain back, we have it under control. if inflation gets out of control, we have measures that we will employ of you know, very rapidly to curtail it will bon words, competence, competence, competence, trust me, trust me, trust me. that was a bottom line as they all. and he did give reference to, you know, a lot of things that are valid. and i have to also be honest that we could see some transitory inflation. not what i out one or 2 my words back on to an energy.

probably, you know, read or housing does shelter, you know, people, but we could see, as i said, you know, some fall off in some, let's say not important. good. like, you know, big screen tv, this iphone 17 and stuff like that. all right, david wrapped up there. thanks for bringing i kaiser report. bradley, thank you. that's going to do for this additional because report with me max guys are and stacy herbert. well, i think, i guess david morgan at the morgan report until next time by the me ah, the family is that what the market? i took market function. you would like to go to somebody

else. who was it or? no, no. the whole do y'all done? got that, i've got that limit and i wanted them to go back to the what about the less about i get up there for us. let me so what we've got to do is identify the threats that we have. it's crazy foundation . let it be an arms race is on, often very dramatic development. only personally, i'm going to resist. i don't see how that strategy will be successful,

very critical of time. time to sit down and talk on drugs, noted as a way to come back. a great problem, what's the one? it's part of the attitude of the nation, not just of north dakota, and it got to be something that you could get elected. this time, the fight against drugs took a check and told us that andrew was competent short form. this is way too dangerous for him to be doing. clearly they put him in harm's way. a rural college student does interest get shot in the head and found in a river like that. something else had to be happening. ah, the

ah ah blah blah. how to put you always have a message to any possible invader, but anyone who looks to get this done with bad intention, they will face what the united states has face today. america's hasty departure from afghanistan leaves the country, the hands of the very taliban regime. the washington promised to open the throat.