the guys are, this is the cause report so much happening in paris maximus. stacy, are taking it all in geo politics. gone berserk, australia, france, the u. k. all battling it out in what appears to be a new york bomb fight. stacy. right. well, because we are in the fashion capital of the world, paris, our last episode here, we will say the fashion in diplomacy seems to be new york style, new york born boris johnson was in the white house last week. and what he said to the french to my crone, his message was, get a grip. give me a break. he said it in french bad french, i might say, even worse than mine. but here in france, my crone says to scott morrison,

and essentially not were believed, but through his actions, you think take a hike, buddy scram, get lost, pound sand. he won't return. scott morrison's calls. so this is my crone versus scott morrison, who is the prime minister of australia, who dissed france by secretly negotiating a deal with united states for the to break the contract with france for $90000000000.00 worth of submarines, the barracuda class from france instead he's going with a nuclear powered submarines from the united states. yeah, i love the tenor of this crappy this of the dialogue between these 3 countries. microns proving to be a real thug. in his verbal pronouns as pronouncements and boris johnson. of course, it was already kind of a fog to begin with, and he would say print a and grip, you know, get a grip. here's a guy you know, hasn't come to say or 35 years and never walk by

a buffet platter that he didn't stop at for several hours at a time and gorge himself. and so they're really getting into the street brawl. australia is out there in the middle of nowhere, you know, becoming that crazy island. so i guess this is all part of the globalization di valorization, depopulation themes that we talked about coming up 420212022. it's all playing out in real time, but i'm, i'm like in background, in this fight as a bump fight. i think the odds are by chrome is going to come out on top. really. he's got the you behind them. and remember, after breaks it force johnson's got holding in his hand, basically a pair of twos, right? he's all talk, he's got nothing after break that. remember the u. k, the neutered spent country? well indeed, france has the history of the close shock, which is more elegant bump right, that lives under the bridge with fine wine and champagne, and, you know,

hanging out there life affairs games born again. you know, it's a little bit more romantic here than what you see, starkly frances, in the winning as country in history when it comes to war. they one more wars than any country on earth currently. so i think they're going to be back to form. i think it's a cross channel, 50 cuts are back and play and i'm like in macaroni this, i'm taking micron in 6. well, of course i guess the french one thing you see here if you've ever lived here like we have for a long time, is. busy you know, there is more of a fisticuffs sort of thing. it's a normal, like, you know, you see member, my chrome got punched here. cozy was often very like right in the face of his voters and the constituents, the people, the citizens of france. there's often a hand to hand combat because the country allows guns, right? so in the u. k, it's more of knives are a, the weapon of choice. in france,

there is a lot of brawling on the streets, but usually at the point of no return, because of the pollyanna glock, people are assumed to be guilty until proven innocent. so you go immediately to jail. that's why you don't really see a lot of st. falls, but what it does get testy, it does, it does start to get nasty. well, usually at the sign of one participant accusing the other of being a collaborator that bo collabo the next, the next moment after that is a punch in the face. so burst johnson said, probably a grip. don't a walk on break. that's how he said it. i'm just repeating him. so give me a break. get a grip. now in, of course, like i said, the close shock the under the bridge, champagne swilling bomb here. it's a lifestyle, right. there's celebrated here and french literature art history. you can't be of proper closure without a bottle of champagne. and in the news,

over the past weeks while we were here, is the way sean, don't the workers there went on strike because they were not given the prime mac crone and the prime mac crone as a 1000 euro sort of bonus that all workers making under 3 times the minimum wage was about $55000.00 euros per year. they're supposed to be given an annual bonus of a 1000 euros. and well, kind of like collaboration that were all in this together, right? this came because of the g liaison at the end of 2018. so 20192020 . all the workers here who made less than 55000 years collected a bonus of a 1000 years. but mo, mo, a shot down this past year for 2021 has decided not to pay this bonus. so the workers went on strike for the 1000 euros. just to put it into context, these articles, my weight and shadow workers, go on flash strike, and france burnout. our know is the wealthy man in the world as of this last year.

worth a $189000000000.00. of course that goes up and down, but importantly, mo and shawn don't is one of l v m h as most valuable wine estates, producing approximately 30000000 bottles of champagne is here l b m h, the parent company on my way down perio ru kiko. and crude announced record profits for the 1st half of the year. earlier this year, the group recorded a revenue of 28700000000 euros and the 1st half of 2021, a year on year increase of 56 percent compared to the same period and 2020 right kayla. and like a poet sip in mo, it, i remember from my days in the hood. now, bernard are know, this is actually a multifaceted story because he is world richest man give or take on any given day . he recently bought stephanie's in america for as a gift from the european central bank,

which is run by christine the gag. essentially, because some of the bonds to buy to purchase tiffany's, came from negative bearing bonds from the se, because the s e b is buying up all the corporate bonds. so he essentially was gifted. tiffany: there's gifted tiffany's. the cost of acquiring tiffany was negative, which contributed to his becoming world's richest man. so it was a gift from the central bank. the central bank is this is how central banks create wealth and income gaps. if you're bernard, i know you get paid to borrow money and by huge income producing assets like definitely, if you're working as a worker at this company, you're battling for every 1000 euros in the streets, you know, protesting inhaling, tear gas, battling the police because of the central bank, so it all comes back to the central bank, the european central bank in this case and of course, christine the guard ramsey or paints entre bank,

currently. so this is how central banks and the population are in can test with each other. i think now with the u. k, speaking such poor french which is the highest possible insult. you can, you can really focused on to the french, the, ga, ga, and the other internal strife that's going on, or france instead of being internalized will be projected externally. so now all the g liaison and other protesters and all the acrimony in france is going to be projected at the roast beef, the brit as it should be. like i like for chance. and that's because the u. k is got to import everything and the brakes it played, it made them this, you know, island of misfits out in the middle of the north atlantic that nobody wants to talk to anymore and they can't bring anything in there. certainly, board johnson seemed to have intentionally spoken bad for don't a why don't a lot like i think he's fluent in french. i know is brother. we've interviewed here

in the studio. is fluids in french. nevertheless, so bernard or no, by the way of course, said he was going to give like a 1000000000 or so to the notre dom cathedral we passed by that here while we've been in paris and max is very good old friend who is born and raised in paris, when max asked them about what, what were you doing on the day that you know no to dom burned down. this is tragic and he's like, that's the french way. he's like, it's just the building. i think it's like, more like foreigners think this is very important. i understand. max, you are stunned. you went violent, you had, are no, as i understand it, whilst on that commitment, the cache is all emotionally driven the day after things are on fire. he goes up with a 1000000000 arrows into this thing. then a week later is like, wait a minute, i've got them agreed. a guy who likes to buy company is with free money from the

central bank. i'm not even they may, he could borrow a 1000000000 euros from the central bank ac bay for 0 or less than 0 and use it to rebuild, not your dumps, but it now would even do that 1st country. well, i don't know, you have to go google it on your own because i don't know whether or not he came through with that money. but the point is, let's talk about that wealth and income gap. and the, the central bank, the european central bank, the federal reserve bank, all the central banks of the world, fostering and basically pushing this wealth and income gap. last week, the big news, of course, was fed chief power, other officials owned securities, central bank, bought during the covert pandemic. so you had all the feds presidents. many of them have actually owned a lot of the securities that the central bank itself was and buying at a premium to keep the system alive. right. so they were earning money by their own using the taxpayers money. so rosengran,

he said he would tell us individual positions and stop trading while he is. so he was trading, he's the boston fed president, eric rosen grand. dallas fed president, robert caplin actively traded millions of dollars of individual stocks. also said he would no longer trade and with sell his individual positions. but he said his trade did not violate fat ethics rules. ok, well it will take you at your word. right? so they were actively trading during this time. those 2, in particular, the dallas fed and the boston fed president. so here's another central bank. so we go from the central bank to the federal reserve bank and the satellite central banks in america that make up the federal open market committee. they are printing money and buying stock that they own the jack, the price higher. that's outright corruption. and again, it makes huge wealth and income gaps if the average person working at costco or mcdonald's could print their own money and to buy the stocks of costco and mcdahl

called they'd be happy enough to do that, but they can't, that's called counterfeiting. but when j power commits counterfeiting, and let's be clear, this is counterfeiting by any legal statute. this is counterfeiting to buy back your own stock to gratiot your own self. that's the highest order of corruption. the richmond fed president thomas bark and did the whole like 1350000 to 3000000 somewhere in between there and individual corporate bonds. and of course that like with l. b, m h, the central bank to the i say sort of buying these corporate bonds. so, major corporations in america, they were all bought. his guns were bought, kept afloat by the taxpayer, by the central bank. i mean, it's most surprise, apparently this is the fashion and let's give the peasants a word for this. you know, let them in a moment, get a grip. give me a break. that's a good one. they should all shattered central banks. give me a break, buddy. get a great gimme a break. wow. speak at a double dose and quantitative a thing. we're going to take

a break and come back with much more maxim stacy, right after this. don't go away. the me ah, ah, the ah, ah. land of universal healthcare makes america the country of every man for himself. we

have a retirement crisis in this country and we have a health care crisis for seniors in this country as well. so private business has come up with a special mechanism for that. it's called the live settlement market. we are a life settlement provider, means that we buy life insurance policies from primarily seniors throughout the united states who no longer want or can't afford their life insurance policies. if you are sick and for want to live a few more years, you can sell your life insurance. that way you get more money right away and the company collects your insurance payment off your debt. and there's a group of people out there, i guess, hoping that people die soon. what kind of motivation is i give them when i start crying about him dying? that's usually what it's about. it's just the sheer unfairness of it all.

the the the the me welcome back to the kaiser report. i max kaiser. yeah. it's a double dose, double dose of mac, the stacy here in the kaiser report. we've got so much to cover here in paris where we've been camping out for couple of weeks checking out what's happening in the e u. home of christine. yes, stacy, what else? also, while we've been here in paris, one thing i want to observe is that a lot of the shops on shawn's really say we saw a lot of major shops closed and he walked down any shopping straight. they are close. there is a lot of economic impact from the coven locked downs and the pandemic. however, if you go up to shawn's lee, say to the arc,

the channels you see covered in cristo, this is the celebrated. who is the artist to wrap things right? correct. he had wrapped paul know if i believe, like 20 years ago. of course christo is dead now, but he died in 2019, but this is something he worked on for decades actually. so they've wrapped the arctic rails, and the class still qual, yeah, absolutely. as the last of the cristo, wrapping our projects posthumously, put together here in paris of the arctic trails. and you know, when you hear about it, they're gonna wrap the arc de triomphe in cloth. you know, it sounds like not very interesting. but when you actually see it, it does really pop out and it's a stunning work in many ways and makes you re look at things and, and re examine things and re assess your point of view and how you see things. and

i think that's one of the great functions of art to, to reject your imagination and refocus you and re orient you. and it certainly does that. it's a massive structure. it's massive, it's huge. it's a huge art piece. and so we were very lucky to see that i noticed that john, jerry and our friend from cnbc and other places remark that we are very, very lucky to. i've seen this in person, and i could tell that he had come a bare envy where he sits in new york city and chicago, just tasting the wall graph and not being able to sink his teeth into it. ha, ha, ha john. well of course the steam of this episode is the new york is in fashion. give me a break. take a hike, buddy. get a grip, scram, get lost. this is the, this is a geo politics of our time. that is the fashion. however, on the other side of it, what we've been seeing, you know, the markets have started there. typical autumnal sort of

volatility. everybody is a little bit worried. things are going to fall apart. and once again, you know, back in 2008. remember it really started in china, which was the 1st major market to have like a 1015 percent fall in one day earlier in the year and january of that year. and i think that ended up triggering all the rest that followed. here again, we could see similar now will friction, i believe, has a totally different take on what's happening in china than you, but i'm going to talk about what's what his view is of what's going on. china's crackdown on debt tech and ever grandsons, frazzled wall street titans to china. first i'll tell you about those frazzled wall street titans. these are genuine tie in. go like pleading to chinese government officials to rescue their markets because they were unwilling to, they were letting things fall apart for a specific reason. according to what will factor believes. but i'll tell you about

wall street titans 1st. a wall street delegation composed of top executives from goldman sachs, mega asset manager, black rog, private equity firm, blackstone, citadel, fidelity among others, had a 3 hour pow wow. last thursday with chinese regulators that included the vice chairman of the china securities regulatory commission and the head of the people's bank of china. there was no official announcement, but forces talk to bloomberg about it. according to the sources, chinese regulators defended the crackdowns and said they were designed to strengthen regulations and proved data privacy, which is an even funnier concept in china than and the u. s. strength and national security and reduce social anxiety president. she is going through this thing where it's like common prosperity. there is a huge robber, baron, sort of wealth and income gap. getting worse and worse during this time of pandemic and money printing, where the,

the very healthiest are getting mega wealthy. we've seen that in the united states with even mosque up at 200000000000 business up at 200000000000. there were only worth like, 50000000000 before the pandemic, or 60000000000. now they're worth 200000000000, bernard, or no, here in france. he's french, he's worth, he's the richest man on the world, despite allegedly having some of the highest taxes in the world here. right, i'll take the cynical view and say that black rock was in china trying to convince the ccna that more quantitative easing in washington would bail out chinese property developers. and that in fact, me, the taxpayer of united states will be now helping to bail out chinese property developers. what is wolf? rector's view? well, factors view about what china is doing regarding these crackdowns. we've seen them over the past year or 2, right? like major crackdowns on the likes of allie baba and stuff. so here's his assessment of what's going on in terms of all the crack downs across,

especially big tech. the crackdowns by chinese authorities on some of the biggest hype and hoopla under series have sent investors heading for the exits. there's a crackdown on debt to keep the financial system from imploding. there's a crackdown on property, speculation tamped down on housing prices and debt. there's a crack now i'm big tech, mostly internet, social media and online gaming companies for their monopolistic size and practices and a slew of other issues. there's a crackdown on education tech companies that sell off campus educational courses that have driven the costs of education into the sky. discouraging trainees couples from having more than one child. there's a cracked and all kinds of other activities that include reporting, financial, news, and analysis. and the way that the government doesn't approve. so he believes it's like he's that the government is trying to prevent a us style situation, whereby the social media companies are far more powerful than the president of the

united states who could be memory hold while he's still in office. like there's a blake there, nobody knows who's who's in the white house. so just skip number 45, for example, while he's in the white house. right. well, china is doing what paul walker day, the 19 seventy's by exercising a government fee on to tamp down speculation. remember, paul volcker drove interest rates to 161718 percent, to stop inflation, and to bring price discovery back to the markets in china is acting in a paul volcker style. now indian america, starting with alan greenspan. and continuing with bernard k and janet yellen and j powell, they believe that they, it's up there their purview to reinterpret the role of the central bank and grand pianos said greenspan has said that they don't try to manage the economy anymore. they, they're only there to clean up the mass when bubbles pop by printing more money, which creates another bubble. so the question is, who's a better central banker?

is that china because they're acting as a central banker because it's all amalgamated into one office, the ccp they're doing the banking in the politicking. it's one, it's one communist call it bureau, or is it the federal reserve bank, or is russia, you know, elvira not the law is raising interest rates aggressively. and proving to be the best central banker of the mall, either us china or russia. and i know i mispronounced her last name as i always do, i get her 1st name, right. the elvira. well again, this is the fashion of this episode is new york. so new york is like, you know, we just miss pronounce everything in new york if you've been new york, new york, i'm sorry, i didn't mean to mispronounce new york l virus, you know, you know, i'm talking about right. i can get your last name, but you got your 1st name. yeah. or you're on the russian central bank. your name is l via. that's all i need to know. you're doing a good job. china, they're figuring it all out there. capitalists just like 30 years in america, they gave up there just for the money like so the days of central banks,

if you have money over that was so i think at the end of the day, there is no central bank policy in bitcoin in the big wide world. busy in which you and i live. so we're just observing outside the bitcoin world. where watching the machinations of central banks and trying to control all of the fingers and the dyke sort of thing of like trying to stop the tsunami of bad debts, crushing everybody and trying to has their own unique style america has their own style. christine has her own style. nevertheless, the last 2 headlines here are the consequence of, of all the money printing. tesco warns christmas panic buying could be worse than 1st lockdown due to driver shortage. so tesco, britain's biggest supermarket alerted government officials to the potential impact of the ongoing shortage of h g, v, drivers in the run up to the festive season. so we have like a perfect storm of all sorts of you know, things colliding,

money printing work from home, a lot of stimulus checks, but also during the lockdown. you have, you have like the whole training process of training drivers for these driving the big rigs, the 18 wheelers, the food delivery trucks. they've all been locked down and shut down because of the pandemic. so there is no new drivers coming on. plus with brakes that plus with border closings all over the world because of the, the pandemic. you have a shortage of drivers to everywhere. you have it in the united states, you have it in the u. k, you have it probably in france. so they're all trying to poach each other's drivers in the u. k. in the food sector, the retail sector is a shortage of 500000 drivers. so yeah, so 500000 employees in that whole sector about 800000 drivers. so that's a huge number of people to try to approach from other countries to come drive trucks for you. all right, well the occasionally generates some interesting artifacts during their drop downs

and economic malaise. remember during victorian days it gave us charles dickens and classics like a christmas cow. then during factors day, we gave as punk rock and the rise of the sex pistols and other great bands like that. now we have kind of the 21st century bars, johnson collapse, and the people there will be stuck in their 50 puddings, crying in their mince meat pies all christmas line. but it would be tragic if it weren't also a comical because they voted this for themselves. brags that back you fortunately, and the u. k. they of course have those like christmas meal and a can the right right christmas mail and it can be simply open up to 10. and then there is stuffing turkey a cranberry gravy and some pumpkin pie. all in christmas and a chin. that's what's coming to you, tesco, if you live in the u. k and stuff, but there will be no new supply according to total version. it will be made of

cardboard, synthetic rice, things from a dustpan, inserting topped off by mince me, the virtual rad. meet me. or you could possibly use stuff that you had in your cupboard from 101520 years ago. and finally, in terms of the inflation, the u. s. rents increased by double digits and august. so the 1st time we've seen double digit increase in rent. according to the apartment list, the median national rank climb 13.8 percent on the 1st 8 months or 2021 on a year over year basis. the median national, red rose 12.5 percent and august going back to the new york fashion. there was a guy, the rent is to then hi party. well, the rent is to dang high and it gets going higher and it's going faster. right. and according to job has nothing to do with money printing. ha, ha. well, that's it for maxim stacy on the cars report until next time. by all

the me. ah, join me every thursday on the alex simon show. and i'll be speaking to guess in the world, the politic sport business. i'm show business. i'll see you then me imagine picking up a future textbook on the early years of the 21st century. what other chapters called gun violence school shootings, homelessness. first, it was my job then it was my name was my savings. i have nothing. i have nothing and it's not like i don't try. i look for resources, i look for jobs. i look for everything i can to make this pass and all i end up

doing is passing the road to the american dream, paved with dead refugees as very idealized image of the older america, native americans look past the death that happen every single day. this is a modern history of the usa, america on r t and your media reflection of reality. the in a world transformed what will make you feel safe. tyson lation community? are you going the right way or are you being direct? what is true? what is faith in the world corrupted?

you need to defend the so join us in the depths will remain in the shallows. ah! the reports of i see a plot to kill enough bun, potentially kill julian, a some stir lobel. i rage this to read not being corroborated a year after the allegations were 1st urged by uninformed to get a journalist, including here on r c. this is our new york considers calling up the national guard to fill in for medical thousands of stuff face being barred from work or for feeling to meet a cobra vaccination said like many doctors believe the proposed plan will patients of risk of kids either going to suffer become a little slower, i think they should.