back to the kaiser report imax kaiser time now to go to massachusetts talk with chris martenson chris martenson welcome back to the kaiser it for us thank you max good to be here all right chris martenson markets have been extremely volatile for the last two weeks is this the resumption of all we saw two thousand and eight or something new well exposed i think if it's a lot like two thousand and eight we have critics for this blowing out a little bit please if we keep our eye on the ball remember this is a monetary crisis at its heart but we you know mostly weaknesses as a fiscal crisis or financial crisis so i'm looking at the financial sector you look at the u.k. x. or are some of the indicators that are around maybe the insurance sector is and you're seeing a lot of distress they are peaking ex-pro to lower the former lows in this rundown and so that's where we're seeing the stress i mean obviously when you have credits for that one out you know you're huge debt crisis so those are the echoes of two thousand and eight what's different this time is gold gold and silver i was signali

chris martenson welcome back to the kaiser report thank you max good to be here all right chris lawrence and markets have been extremely volatile for the last two weeks is this the resumption of what we saw in two thousand and eight or something new well it's both i think it's a lot like two thousand and eight we have critics for it blowing out all over the place if we keep our eye on the ball remember this is a monetary crisis that it's hard you know mostly witnesses and as a fiscal crisis or financial crisis so i'm looking at the financial sector you look at the b.k. x. or some of the indicators that are around maybe the insurance sector is and you're seeing a lot of distress there became x. brew below the former lows in this rundown and so that's why we're seeing the stress i mean obviously when your credit spreads blown out you know you're huge debt crisis so those are the echoes of two thousand and eight what's different this time is gold gold and silver signaling that maybe this time i think people are understanding that this is a monetary crisis to it's not just some weakness in t