ah, so a key researcher for the infamous steel dossier on trump, so legit ties to russia has been arrested in the u. s. on false testimony. charges comes and made a probe into the real reasons behind a major investigation concerning suppose a collusion between the 2. something the ex president has branded a which hugs also ahead. the investigation found no violation of law including the law of war. a u. s. investigation concludes that an august, drones strike and couple that killed 10 afghan civilians, including 7 children, was not caused by misconduct or negligence. and the white house announces it will impose mandatory coven vaccines for the private sector in the new year. and those

year world news headlines for this our stay tuned for news in just about 60 minutes . oh wow. come to a kaiser report. i'm max kaiser. you know, you must, does say some interesting things from time to time. stacy? right. well, as me know, eli mosque is the richest man of the world at least this week. and also this week, the masters of the universe of this world are meeting up in scotland to determine how to control command to control the earth climate. these are the same people who, by and large, also try to command to control the world monetary system. the economics system, the, you know, geo economics, geo politics,

all the system they control. so as their meeting, i want to point out to, you know, the cop meeting cop 26 is run by the u. n. u n. world food program was also in the news this week was something they tweeted about ilan mosque, and they said to, for son of iraq mosques, wealth could solve world hunger, says director of un food scarcity organization. to this, a guy named dr. ely, david, treated fac jack, 2 percent of ian mux. wealth is $6000000000.00. and 2020 the u. n. world food program, raised $8400000000.00. how come it didn't solve world hunger with 8400000000? yeah, yeah, the last are fair. you know, 1st of all, you say this and explain something here. the reason for money printing and lower rates for 30 years was to stimulate growth,

was to increase demand was to satisfy canes' in doctrine. and we've been saying on this show for more than 10 years, that all the money printing actually stimulates deflation. all the money printing stimulates, economic malaise. all the money printing is why there's so many financial crises. and now the central banks around the world realize that that's true max of stacy were correct. it's undeniable that the money printing actually caused all these problems with growth gdp wealth and income gaps. so they had to come up with an a narrative and the narrative this year is climate change. climate change is being swapped out for we need growth. and it's being used to justify money printing. and just like printing money doesn't create gross printing money doesn't solve climate change. either of you cannot substitute the price signals and workings of free

markets with a command control call, a bureau of global central bankers who think they know better than the market every single time that's been tried, not all of our own species, but over all species over all time, when you try to question reality, you all was lose reality, all was wins in the, an so ill on mass. there. 3 percent or 2 percent of us. net worth is roughly equivalent to what they suggest is needed to solve hunger. ok, another rationalization from one implementing that is by definition impossible to work through money printing and deal on must made a very cogent remark. he tweeted in response, if w f p world food program can describe on this twitter thread exactly how $6000000000.00 will solve world hunger. i will sell test the slap stock right now and do it. so, you know, to me, this is kind of like heaths called their bluff. right. and their bluff is the law

of big numbers. we have the love big numbers coming from the top down and we have the law of small numbers. they kind of trick all these ordinary jo bagget donuts with their free stimulus jacks, said go into like the robin hood apps and, and trade of micro share, right? you could buy a dollars worth of apple stock for example, because the numbers too big, but you can buy $1.00 and pop up their whole system. well here what, how these agencies kind of get consensus for their continued rule is the law of big numbers is like 6000000000 dollar as you know is and we could solve world food, hunger and, and at the same time, part of the reason why we have food hunger is because of so much money printing driving up the cost of the, you know, food prices. so food prices are going up because while the money printing, just like they did after the 20082000 life financial crisis,

food prices went up because of all the money printing and their system that they command to control the economic collapse, the boom and bust cycle that they keep on pumping and pumping and pumping. now we have a similar thing. thing of a, a collapse in supply because of the same system. these guys say that they are command and control it. right? there's the old rule in magic performing and people nowadays, via magician. when i was a teenager, and as a big move high to small move. no, so be doing something with your hands, leisure jermaine. if you're moving her hands in a big move in this way, while you are doing or smaller machination, it, it hides the smaller move. so by saying these big numbers, 6b1x2b, a 100000000000, it's a way to hide what's happening really on the ground. what's happening in those private conversations and those private deals in the, in the back rooms, the have these giant meetings with all these heads of state except for china and

russia not attending 30 percent of the world's emissions. carbon emissions, right? mostly from china. so they're, they're not attending, but they're having this big like these giant moves. and these big facial expressions, of course, why all the magicians make these grand hand movements and big face gestures. so while they're doing this of like we're gonna cure the problems that we caused for the past 100 years of money printing of industrialization of globalization, all the stuff that we've caused, right? um, some of it good, some of a bad. but here on the other hand, in the small prince, look over at that with this financial report or from germany as reporting. good morning from germany where the financial repression intensifies real yields 10 year bonds minus inflation plunged to negative 4.61 percent a fresh all time low after inflation jumped to 4.5 percent in october from 4 point

one percent in september. real yields now negative for 66 can 2nd of month. another historical record here is like causing climate change with on one hand, causing hyper consumption, causing, pulling more and more of the future into the now for their own personal gain. that's what's really happening. and you know, it turn off the money spigots. me that was up, do more, the meeting, and person in this in glass go to determine how to stop, get other people to stop the, the consequences of your own actions. right now i think that's a good point, you know, combining or putting together both. what's happening in that comp meeting and scotland for climate change and what's happening in germany with the largest down negative real yields ever henrique, on record. because the bond market, which is a $200000000.00 market, it's could be the biggest market in the world as

a global market dominated by sovereign debts, sa, dominated by central banks that are all colluding and working together. the message is clear. either you continue to buy these negative yielding bonds and lock in a loss or we're going to make them even more negative. and you can do that by coercion. you can do that with a go leg established by globalist who are effectively putting people on financial prison or what i call financial apartheid. this is a transgression of human rights. these types of negative yields, or if it's a human rights violation, and the people in germany are rights rejected. anyone who is a fighter for human rights would reject these types of real neg reveals because are completely voluntarily putting, being put into place by a sadists. it's, as we've discussed, it means time has no value. they're taking more and more of a destroying time, destroying the future hopes. and yet they're saying they're meeting in order to

make sure the future kids we could survive in the future. and yet their, their own actions as showing that they themselves don't have any, any sort of consideration for the future. um, and also, by the way, you know, like, as we mentioned recently, a joe biden himself is, you know, the leader of the free world. the, the u. s. is the leading and out power of the un, i would say. and then there are the ones that were like, are consumers, even though we've flooded them with free money over the past year, or 2, lots of all these p, p, p sorta programs of free money everywhere. we need saudi arabia to pump more oil for our own economy, so our consumers can consume more and do this. this next tweet here unofficially for the month, the s and p 500 gains 6.9 percent. the dow climb 5.8 percent. the nasdaq as 7.3 percent. so that's what they want, permanent light,

parabolic moves up and we need parabolic moves up now and we need negative interest rates because we have so much debt and the debt causes us to have to hyper consume in order to keep current. remember the red queen center, we have to run faster and faster just to stay in the same place. and that in, in terms of the economy, that means consume more and more faster and faster to stay in the same place. right? so to save the ecology to cure climate change, the single greatest action that anyone could take in the world today would be to allow interest rates globally to achieve a normal market driven rate of 5 percent westwood immediately bankrupt. all the bad actors and ali consumer pot companies that are flooding the world with stop that just jamming up landfills, jamming up to ports and then benefiting and awarding to bad actors. ah,

that's the single greatest thing of that can be done. the 2nd thing that can be done that is being done is that that $200.00 joined dollar bond market is bleeding into big coin market. so as bitcoin goes to $1200.00 a $1000000.00 a coin and steals from the bond market, interest rates will go to 567 percent, because people are going to be dumping their bonds for bitcoin. and that will save the climate. that's the only hope we have is the species to survive the next 50 years. yeah, that the negative rates is causing a mis allocation of capital which so for example, so the s and p $500.00 is up 7 percent of the s and p $500.00 is 40 trillion dollars at the end of august 31st 2021. the entire market cap is worth $40.00 trillion dollars. so europe, 7 percent, and one month that's, that's for trillion dollars right there. that's created and lost more capital for them to consume more like it's just it's, it's a loop of bad ideas and bad investment,

and it's rewarding. it continues to reward all of those bad ideas and bad companies . the way the system is set up at the moment, right? the supply chains are broken in container ships are backed up at the ports. that's because they printed all this money that stimulated demand for a lot of stuff in china that's being shipped to america that's jammed up with the ports. so the supply chain disruption is caused by money printing. that is the root cause of all of this, and the only way to solve it is through raising rates. but since no one's going to do it, then there's big coin that'll bleed money from the bond market enforcer interest rate increase. and if you're not prepared, you're going to be extremely out of luck. well, that's the other thing is that we're supposed to believe that we can rely on these institutions to solve the crisis of the climate. and yet they can't even solve the crisis of getting a face mask manufactured in america, or a plastic toys delivered in time for christmas from from, you know, china. this is all logistics,

if basic logistics on i can't do it. the ports and long beach stock, do you know the at a standstill because of logistics because we can't even do that. so how are we supposed to believe? we'll see it when we believe it. you know, you know. * mosque is calling them on their sorta mentality. like, oh, it's an easy fix. we just need $6000000000.00, right. ok, show me the money. so here's the money. show me your actions. the same thing we have to do with these people who think they could command to control their way out of this disaster. they cost i'm on board pay, we're going to take a break. when we come back, what's more coming your way? ah ah ah ah

ah ah ah, in russia this class of car was discontinued more than 20 years ago. even lost a more with just important practice. it took 5 years to close the gap on the world car industry from the drawing board to the 1st finished model. to skip sister will show to file a motion commissioner through some bullshit for double

much with ah, welcome back to the kaiser report, i max kaiser time now to turn to ben r a. c z. the editor of b n. e dot e u. it's business news from eastern europe, eurasia. the middle east africa always applies to have been on the show ban awhile back. sim x, last cuts are all righty. so the natural gas crisis in europe, let's talk about that. everyone has an opinion or an accusation on who's to blame. what's going on? what are your thoughts on this? i, i think it's certain there's, there's been

a perfect storm and everybody's been accusing russia carrying the gas in order to use it as a weapon against specifically ukraine. but the, you, in general, however, most of what's happened with spiky prices can be put down to market force. and it's kind of complicated. i mean, it's one packet. in 2000 times there was very warm wind. and at the same time, russia. ready was in an argument with you kind of a gas transit and so builds up massive storage and the price is plummets as a result of that. but then the following year in 2021 that was extremely cold and it went on in the spring. and so everybody used up their gas and then suddenly realize they hadn't got enough storage. so then why, by the time they got the summer, everyone said that they were going to be short of gas this winter. and prices went through the roof. and this was made worse because the year has gone, drops using long term contracts and went over to

a spot market. and so suddenly there was no gas and the prices are nobody's going long term. so the price is when's the last 200000 cubic meter up to 2000 in the space of a few months. now they recently dropped off again because i started delivering again, but to add to this, so you have the alan g because everyone's built a whole bunch of terminals around europe. and that was supposed to be the spring supply. so if you are getting enough gas in russia by g, that's coming from top, i mean math states, but the asian markets having an even worse gas prices than europe. and so all of the energy it off to asia leaving nothing for europe. so that just added to the final piece, the also is your own gas production has been a really big field in holland, suzy voice. so empty and so that, you know,

it's been closed out. all these things hang together and combines at the same time to cause this gas prices which everyone san on into. so it's just from coming off the gas in order to you have to do. right? yeah, the lot of stuff going on there. you've got the, the inability of the you to lock in long term gas contracts and said they're now exposed to the spot market. and just like everything else in the world, we've got a problem with inflation. so all commodities are going up and price more or less. so that's no exception for gas. and now what's interesting banners that were the way i see that there were setting up an interesting i'm duality and interesting. um, approach taken by 2 different countries you've got ah, everybody who's under the fia money standard versus russia. that's under essentially a hard money standard. no rush has been paying down all their debt. they've got a very low debt to g d p. they've been buying a lot of gold, and now you know,

they're prepared now for what could be a secular move and inflation and prices are going to go up across the board. but they prepared for this. so why should they be fatal eyes? you know, they're like the, the, the little piggy that lives on the brick house. the e u is living in the straw house. and america is living in no house at all. they're homeless. so i cannot, i'm saying like they, they made the right choice. so they should reap the benefit been yes, it's been extremely conservative. i mean, the, the down to around 15 percent of g d. p. russia has enough money to pay off this entire external debt and the public that and still have $100000000000.00 in cash. which is enough to insure it and moreover, there just been making the new budget and elected to actually increase reserves. they were to cause. ready us to cover and if they're afraid, i mean you have to imagine this question. this country's been through multiple

crises since 1991. and i lived through a major crisis myself. and that is, give them a certain paranoia that has given them the sense that they need to 1st to full way before foremost make sure that the country is stable and that they can deal with any of the shops. and each shop that comes does progressively less damage in the central bank. it's battle hot and with the currency. again, am trying to stop it, appreciate it. it's got much stronger recently which crisis the experts. but most of the experts role materials and those things are not affected so much by the way, should i mean that there will be so anyway, and another factor going into this gas prices. and i think this is the point that most people have miss, is that, and she has changed the whole gas business into a classic commodity business. because in the old days, you know, you had

a pipeline, but there's no market that you have to produce to put us in a while. and you have to buy that takes out the other end and there's only one person. so the price is fixed and tied in the long term contracts. but now when and it's a, should this shit you create the commodity market. and that's one of the best price that i'm shooting up. and this is simply poor planning on the part of the european union soon the supplies on the spot market would be that the angie would be available as a swing commodity or swings to price it to come in. when there was a shortage, like there was this, it, and it disappeared off and that's left now with any supply. and the prices have gone through the roof. and it highlights the rush that they've been in the to get in to renewables. but at the same time, they close down their stations that close down the nuclear power stations, the things they need in order to provide the baseline when the sun is shining,

or the wind not blowing. and they come across and i guess from is in this sort of do a dive position where it needs to sign new long term contracts because it's pipelines and fields is developing tens of billions of dollars and the has been reluctant. but you should also notice that this crisis is very much in northern european crisis. do you know the people who are suffering in germany problems where it's all the southern european states like a hungry, they will happily sign these long term deals. and so they have this cheap gas guaranteed to come. right? yeah, they are not a liquid natural gas, alan j a change change the market as you, as you point out the u. s. as a major producer of natural gas. and as you point out, they're selling to asia pays more than i assigned to europe. so once again, how, why blame russia? they were asked and could it basically fill it in? i mean, it's a market out there. it's

a free market and whoever plays the mouse is going to get the gas. so again, it just seems like a dam squid was trying to characterize this as the geopolitical game. so it's just this just, it's just the market working magic. the point, i mean, the gas from is being accused coming off supplies of under supplying europe. but guess from had in once in the end of $99.00, it's signed in transit to with crime and it's scrupulously being meeting orders obligations. and there's this assumption that the summaries gas from should be nice to europe and supply extra gas on top of its contracted obligations, which actually has been doing it's increased by 15 percent. but just for money supplies, 30 percent of europe's gas, you know, 70 percent come from the other supplies no way. and the energy and the american specifically, if they wanted to be nice to their allies in europe, who,

having this crisis should divert some of the energy to european market. but they're not doing that. you know that market is that going where the prices are highest and here is problems because you know, we need to make a profit. and so 70 percent of the gas we supply from other people simply not coming. no one's being nice to them and gas problem is in the position where it could make more money. so more but another aspect of this crisis is that russia is suffering from exactly the same supply crunch as europe in so much. is it also because of the weather, like i explained, is also russia a before the winter because the, i'm not sure it gets really cold in the winter and it needs enough gas to heat the population. and i press the fan in the tanks, only came to an end today today was the day that got from announced that they filled the tanks. and so now that have a little bit more capacity diverts here, and the price is instantly fell from 2002. i think that a $100.00 today,

which is the market mechanism. so if you look at it, you could, i mean, yes, there is some politics going on here. guess from is not being totally helpful, but at the same time, it's very focused on the need to sign these contracts. it's long term contract. and the analogy i was gave is that if you have a contract with your mobile data provider and you run a mobile data, you know, 2 days for the end of the month. and it's your mom's best that you want to ring, you know, a good, like persuading on a mobile data. right. it's give you an extra couple of gigabytes in order for you to be able to do that. they're just going to sign a new contract at a higher price and lock you in for 2 years. and that's if the market we took, the russians have to do that. and that's what nice question. so not to oversimplify things, but nor string to the pipeline from russia to europe. septic bypasses ukraine, essentially. so avoid that geopolitical land, mine,

but they is it on and they turned it on or is it still not being turned on and what is more of the solution to this being to simply turn it on. then if they turned it on, then this gas prices, and it's filled with technical gas and it could literally be 10 if the order was given today would literally turn on tomorrow. but again, the no strange thing, it's become highly politicized. and again, everybody focused on the fact that it bypass you crying, but you have to understand the structure of the russian gas business a bit more in more detail in so much of these pipelines connect to specific fields . and the pipeline that runs through ukraine is connected to the oldest and almost depleted fields and western siberia, the m p t. fields. and those ones are already working actual capacity. and the no stream to pipeline connects to the new fields in the article. that those, you can take easily gas from you,

i'm out and send it across to the central route that goes to your current. because there are many into connectors and connect is being fully used in order to supply the domestic times. like i said, the russia have to prepare for that, went to so it's actually not so straightforward and those types and that western siberian field that said you try to be the commission so that this actually so over the the be over a barrel. all right, let's, let's take this to segment 2, but thanks to bring on this portion of cost report pen. all right, now going to do for this additional cost report was may max and state there it want to thank or guess been hours of be any that you until next time i else ah

ah, with join me every thursday on the alex salmon. sure. but i'll be speaking to guess in the world of politics, sport, business, i'm show business. i'll see you then. mm.

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