not least at times with triple the recommended capacity. it must also be said, the english channel is one of the well busiest shipping lane. so when people say it's a life threatening journey, it's no exaggeration. despite the dangerous thousands are still taking the risk, which perhaps the volumes of just how desperate they are to escape, where they have come from. shot edwards dash the all to dover. if you wanna commented any of the stories you see from us go to r t dot com or any of our social is you can have you say there course i love to hear from you, but now it's half past the 6 moscow time. whatever tommy's with you hope your day is going good. and for me, kevin, in the team. thanks for watching t international. ah . ah,

i use me in i. so my father, when i was a kid, he was raising us while going to college and working full time job and sometimes to jobs. he knew how to be serious if, if the situation called for it. but most often he was just

a goofy guy. i know in the background this whole time he was stressed out in pain, you know, worried about his finances is even going to be able to make the mortgage still. he had that, that same humour. he never lost it even to the very, in this financial situation. retirement age was dire, was terrible. he had nothing he was diagnosed with stage 3 had in that cancer, which is pretty vague, but it was canceled the console stage 3 because it had already spread to his live. me. this is done. shouldn't braiden's father like him? millions of americans, which were time and every year with almost no savings. i'm strangled by medical costs. me. america is a land of every man for himself, no connective pension system or universal health care. basic insurance for poet pension is covers almost nothing they have to pay out of their own pockets. this

warrior phenomenon touches all of american society and is only getting worse as more baby boomers retirement. a new study reveals a jarring truth for baby boomers tonight. instead of retirement and relaxation, many are facing bankruptcy. what's happening today? the? well, this is accelerating. a long term trend that we've seen in the great recession, poor, even more fuel on that medical costs out of pocket expenses have gone up dramatically . and then we should also note that median household income wages in general have been stagnant for almost 3 decades. a drama, not for everyone. the financial weld create a mechanism that generates profit, even out of depression. it's known as the life settlement market. the system involves buying life insurance policies from hundreds of thousands of elderly and sick americans. the ones bought by brokers. the policies are bundled in

life portfolios and transformed into financial products to be traded on the financial market. will sold directly to investors around the world, generating around $3000000000.00 a year from the usa to geneva and zurich. this is how the financial world has produced yet another path to every system, a profit with ah, with the girl that with her. thank you. yeah, i mickey. wow. so i'm changing a lot here. ok. dad's old house. now it's my house. i thought i make some changes. so this used to be my dad's house. and then he left it to jordan and

he did a lot of fixing up before he died to make sure that the grand babies had a nice, safe, clean. so he started doing research on, on what he could do, what were his options, how, how, how do people survive in this country when they don't have, you know, a money basically, or job and you're already over a retirement age and i'm pretty sure that was one of the only options that is left is to sell your life insurance. i don't know what else he would have done. i didn't know that was an option at all. i'm sure he was. i don't think he knew it was an option either until he just started googling around. you know, was he found out it was an option. it was kind of a no brainer. mm. is what done found off the searching life settlement on google ads from dozens of companies competing to find retirees ready to sell their life insurance. mm

hm. how it works. life insurance is a form, a savings through monthly premium is paid to the insurance. when the insured person does the money is usually paid out to a family members with a life settlement, the unsure agrees to sell and life insurance to an investor in exchange for an immediate pay out. the investor then continues to pay the monthly premiums on the day of death, the bio pockets, the remaining insurance pay out often making a significant again. but be warned for the process to be profitable for the investor, the insured has to die as quickly as possible. the longer they live, the longer the investor has to keep paying and losing money. ah ah yeah. oh me. millions of

americans being plunged into poverty on retirement is one thing. but the life settlement industry needs to find the most desperate situations. people weaken by fairness and strangled by medical costs. oh that investors put their trust in specialists to study candidates, medical records to identify those with the shortest possible life expectancy. oh, you are in a way trying to outsmart good. well, no. we're that we can't do to do a good at this. you need to have medical professionals who can evaluate medical records and distinguish the really severe from the less severe mike. the sono is one of the pioneers in estimating life expectancy for life settlements based in washington. his company evaluates over $10000.00 files a year. you given estimation in terms of months, weeks,

days. what's, what's typically months? yeah. months is, is the standard and the life expectancies can vary all, all over the chart. we get very complex cases of people with advanced cancer or with a l. s. or other severe impairments who can have life expectancies of 2 years. one year, less than one year, and then we get people who are relatively healthy and they can have life expectancies of 1215 and more years. those policies may not transact as often because the numbers don't work out as well . now did these morbid financial products appear to understand that we have to go back to the 1980s?

the aids epidemic took the world by surprise and provoked panic and misunderstanding the khaki published unit is actually the west. the new plasma gonzagos us up less speak to less. you will surely be on the via the mail. as you see down us down, you know, let the can you rush, they will matlab. we're going to go some dollars separately. does she want to be done with some up of to sheila to tell you that that's your answer. yes, i will give all members you guys will, isn't that media much? don't vomit on speak you that the less you want to be the see. dia sieboldt chef my portia, i've, yes you will for me. okay. so initially there was no cure and so the deaths happened as predicted. and then in 95, i believe it was when they came out with the cocktail. that was the 1st of a series of drugs that extended life significantly. these funds that were

created went under the but the miracle aid survivors, life policies didn't just disappear in the financial world. they were traded cheaply among new investors and eventually reached the banks of animal life insurance policies of those thousands of americans hit by the epidemic 25 years ago. now sit in new investment funds sold by a geneva company. ah, here's what we found in brochures promoting this makeup investment. ah, one life settlement fund most of betting on the early deaths of 4532 elderly americans. many of those are h i v carriers each month around 10 of them died, providing

a consistent income of millions of dollars in the tactfully referred to as maturity dance tend to be more numerous in some of the heat waves. ah, the total value of life insurance held by pensions is $434000000.00. we tried to meet a fund manager who places these products on the geneva market, but without success. we didn't catch up with him, but he wasn't very talkative. destroyed is currently afraid of the light. this is cost up calling the journal. if i tried to contact you, i sent you an email recently about a home that are even in background. we have some simple questions. thank you for me. after

that attempt failed, we finally received some explanation in an email from an anonymous ellis, a pension administrator. me. would you the specific monday best and the ash that's good, i'm sorry. did it a simple, i mean it's about to criticize it present vehicle such as a professor what you want to publish a model? not a said the issue and i'm all i got to do is just in the life that meant that somebody brought it up or did you know the best things? are they planning to stay with us? ok, so jump i do you have a life insurance policy you no longer want need or simply can't afford the same proposition is made to baby boomers. are you 2nd pull but want

a few more years to enjoy your retirement sell off your life insurance? if you can buy policies from people of lesser income, if you can buy 100000 dollar policy from someone who's annual income is $50000.00 versus someone who's annual income is $250000.00. you'll do better in the $50000.00 universe. that's pretty clear. why would it be better? well, because their, their death rate will be higher because they are part because they're earning because they're earning less. there's a, there's a relationship between death rates and income that is actually fairly straight line. ah,

ah, join me every thursday on the alex silent 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 a try now where we would use so many inputs on a daily basis that are completely needed to reality. so think about how in social media filters and they basically present themselves very unrealistic way. and so we come to a fomo and be involved more than that. it's about the sort of envious or something that may not exist. and it is also really tied to the fact that humans we want to be part of the crowd. oh ok. with

me, i work at the law for the matter because i don't want the cause the choice of me sure. it's under which while you're committed, it's not no mac or pc, you can listen. can you not leave to show if you are age 65 or older, have at least $250000.00 in life insurance and want to learn more about your

options for a life settlement. go to l. i s market dot com and the proceeds can be used any way you want for retirement income to pay medical bills. ah, that's exactly what done. she was forced to do. at 65, he had nothing left. the meager savings that he wanted to leave to his children were in his life insurance. but terminally ill and with no income. he had no choice but to sell to the highest bidder. dad, and leave me any documents related to the life settlement. but i did find his email account a conversation that he was having if your office the same as the others, why would i deal with you? i'm sure you understand. i have to get the most i can as that is basically all i'll be living for whatever time i have left, the other company came back and offered me a 150000. now,

any chance you could meet that i might get them to match the $150000.00 for you and pose much faster than the other group i hadn't heard from you. so i went ahead and got the other companies paperless notarized for most people that task would be no big deal. but in my condition, it was he knew it was going, i was aware that somebody was making a lot of money out because insurance policy, me honestly, by my estimation, this policy will cost just 2 to 3000 dollars in premiums. so it seemed to me 75 percent of the death benefit would be fair to me. still quite profitable for the buyer. as i said, the more i can get, the better things will be for me. so i'm definitely interested in the best price i can get. we can over $165000.00 for the policy. go ahead and send the new stuff in the end. don't signed and was paid within a week. mm. the pension funds that bought his policy only had to wait

a few years and made a profit of around $50000.00. when don died in november 2019 michael friedman is a life settlement broker. we are a life settlement provider to means that we buy life insurance policies from primarily seniors throughout the united states who no longer want or can afford their life insurance policies. baby boomers are now 73 years old, which is around the age at which like settlements become more likely to, to work for the seniors as they get older. and they need assistance with, with activities of daily living as, as they're referred to bathing, dressing, transportation, eating. and they can't take care of themselves. and they need what's called long

term care. then medicare doesn't cover that. so we have a retirement crisis in this country and we have a health care crisis for seniors in this country as well. the do you think the situation would be the same in the us for this industry? with a strong universal health care, it would reduce the discrepancy in the life expectancy from poor to rich and provide less of a windfall if you will. if would be less profitable? well yeah, you could say less profitable. sure. and what we're seeing now with the silver su

nami, of sr, is now turning $73.00, that baby, the 1st baby boomers, we see that there is a shortfall that we see that governments are facing increased costs in their medicaid budget. so that baby boom generation is yes. what opportunity for the like settlement market, but it's it's, it's a private sector solution to providing funds and resources to the largest growing population in america today. oh, i me. the distress felt sick and poor american baby, but most definitely provides finances with an opportunity. but who like in the case of life insurance is of age sufferers in the 1980 s, it's in switzerland that announced number of investors can be found with an interest in this particular bad. even more surprising if the retirees who have the

most to win from this business of death, you may have a pension that is based on swiss lives. but 20 years ago when the assumptions were set up for that performance of that, of the, of the live. that things have changed over 20 years. you you swiss are living longer, people are living longer, there's more pension payments being made, investing in life settlements, i should say, is not so much just, it's not about investing on sick people and things like that. testing on a group of lives with an average life expectancy over 10 years that can cover that can match up that shortfall. but it's good business for life insurance policy holders in this country who sell their policies and then for the benefit of the of the pension that may invest in that. ringback ringback that was the exact calculation made by the city of zurich,

pension fund. it's one of the country's most respected insurance companies with managers, pensions for more than 800000 former public servants. in 2017, its directors decided to invest 18000000 francs in life. settlement you tube down his head of investments. the zurich mentions homes in the life settlement and practice product for the insurance cafe instance cannon via from life settlement in june. and i'm positive, it ended up and does he seem to how it can avail niche males and sustain please stay on the 9th and get him to kind in jesus live in spot for your does he get bowan or give just bizarre ervish to get conquered? hyper 9 k on said saima how you

fall into the feel east. i'm but i diversity of this portfolio. 2002 by one nice. it's nice. pretty fish cronkite the small and via bill skirmish on these on the need to go minor indeed to to a t and the name in which items. yeah. john i now made capes. stadium fear. i'm trying to get the heights cost into the tylen ads. i live in a fellow visual golfed year shayla. john shipped this dog hershawn. that's perfect for the pensions cashed him to death. does he sneezed so v v and he's invested tillman had enough via the shower in east the

and laden was he chunks police and the initial interview, daily living quality rate. and those volunteers, each on each lab. to summarize, thanks to an excellent health care, switzerland is a country where retirees tends to live the longest to funds. their pensions, zurich public pension fund has to place bets on thousands of americans dying early because they can't pay for medical treatment. start to die in stock. as such, alas, good reason is thus ish compatible with the politic in vegas act. we are cow, fin, decent. lighten here if he could on police. say up d. c. screened and denise to me don't to to happen. for cow from bolen.

for mason on town sounds, god kind of tune. it was that i was too much of police. i think it's just a sad state of affairs that live sediments or even necessary for people because it all he needed it for was for survival. he wasn't trying to like, buy some crazy machine or do some kind of crazy treatments. he just needed money to survive on. so if you're going to be headed from elton he can, i mean he can, no does he sign a site? this kish i left younger his i placed this fear pitying size on today for the children. i never indeed did meet up. see you on to cease to be by yet the wrong fuck. on the time it the mascot around talk to him by decide denial. look, this, he basically states in the american system might look like

a nightmare. no one wants to be forced to sell their house or life insurance to pay for chemotherapy. in europe, that would be a scandal. ah, when it comes to paying for their pension as they don't hesitate to profit from this liberal american system and the distress at causes, ah, yes, there's a group of people out there, i guess, hoping that people die soon. what kind of, what kind of motivation is i give them, you know, to invest their money in good things that help maybe help keep people live longer. they have no motivation to do that with their money now, because now they want people to die sooner because they profit often. that's probably the thing i struggle with the most since he died as, as how unfair everything about. i mean, he never got a fair shake. the luck of retirement that he got to enjoy the pain he had to endure

hidden deserve any of that. he was just kills me. that's usually what when i start crying about him dying, that's usually what it's about. it's just the sheer unfairness of it all. ah, me selling her own dance to the highest bidder is above chosen by many elderly americans to pay for their retirements. ah, knowing that little seating this molded machine, ah the ah, ah,

ah, ah, with the latest one most and no, no no, no. what the most of the limitation of the unit 731, when a unique organization in the history of the world. what they were trying to do was to simply do nothing short and build the most powerful and most deadly biological weapons program that the world had ever known.

real to production, issue. sure. enough. keel to build on it. suddenly, he moved to new mazda thought. this. no more, no, no, got the sale. i understood, i wish to know who he didn't more than a jail it's i had a little cold and weather and all you got a nice little to don't want to show my new honor. i know. i know you're not going to give us

the news the extraordinary disaster. we didn't have a president. it was so addled. you all would be fired. i don't think anyone contrast anything this present about up can stand him from all sco you as lawmakers scold joe. by now the top ross over was something congress calling washington humiliating withdrawal from afghanistan. we are slow if the whole gun campaign might be a big failure just to pull out itself. also ahead to the role of shame. that was the 15th spells out how some encourage have come to view the sub.