welcome back to the kaiser report imax kaiser time now to go to shanghai and speak with dan collins of the china money report dan welcome back a max hey dan let me let me ask you mr trump administration first national defense strategy elevates china to its number one threat it claims that china practices predatory economics and calls for sending in the marines it sounds like what the frick is going on down. well yeah i heard i read that and i kind of put that into to area but i call it economic and military economically speaking china is a neo mercantile is the economy we talked about it before they're going to do bigger than your economic policies they're going to set up their own tariff barriers i mean any try to import here something is twenty five percent duty export the united states it's one or two percent so china does towards for its you know does what is it in its own interests japan and south korea did the same thing to united states for decades in less detroit in michigan hobbled in the steel columns

welcome back to the kaiser report imax kaiser time now to turn to one of america's preeminent journalist a follower of the new journalism school talked about by tom wolfe i think gone back to the seventy's. as a go next very good thanks for being on the show and as i make that comparison to the new journalism school new journalism because at that time just as a quick digression here this idea that the truth versus facts and facts can be kind of plain and necessary give the truth and writers like yourself that are gifted with the language can offer a truth that is transcendent and that we saw this in your bank a rolling stone in times like goldman sachs and you galvanized people's imagination with the fam pyar squid that's a great turn of phrase i mean it really put into context what this is all about and now subsequently what your books in your article as you've continued in that vein bringing really good journalism to the fore and so let's get into what you've been talking about recently as a new nucular posture review the n.p.r. you'd never know it watching cable news but you're right

imax kaiser this as they hire their reports yes we're back oh cars are good things are happening. so max we're back from the round table where we were down in mexico enjoying the sunshine and we both looked a little bit funny and in the second half we have an amazing interview with patrick byrne of overstock dot com he's coming out with some of the thing exciting platform called tease erode you talked to him about that and that is a surprise setting actually for the second half get ready for that i shot it on my i phone i thought i did some pretty good camera work there but while we were in can tune on february eighth or february sixth actually twenty eighteen there was an interesting story that happened that was breaking while we were there and i was the price of being quite crashing down into the five thousands but there were testimony given by the c.f.c.'s sea chairman and the f.c.c. chairman to a senate committee and we're going to look at that headline as you see and see if to see hearing more legitimate i ceo's or if there was no bitcoin there would be no block chain the com

welcome back to the kaiser report imax kaiser time now to go to shanghai and speak with dan collins of the china money report dan welcome back x. hey dan let me ask you this the trump administration first national defense strategy elevates china to its number one threat it claims that china practices predatory economics and calls for sending in the marines it sounds like what the frick is going on down. well yeah i heard i read that and i kind of put that into two area but i call it economic and military economically speaking china is a neo mercantile it's the economy we talked about before they're going to do bigger than your economic policies they're going to set up their own tariff barriers i mean any try to import here something is twenty five percent duty export the united states it's one or two percent so china does towards for its you know does what is it in its own interests japan and south korea did the same thing to united states for decades in less detroit in michigan hobbled in the steel columns of pennsylvania broke. but now when china does it china's too big there is twen

welcome back to the kaiser report imax kaiser time now to turn to one of america's preeminent journalista follower of the new journalism school talked about by tom wolfe i think gone back to the seventy's. as a go next very good thanks for being on the show and as i make that comparison to the new journalism school new journalism because at that time just as a quick digression here this idea that the truth versus facts and facts can be kind of plain and don't necessary give the truth and writers like yourself that are gifted with the language can offer a truth that is transcendent and that we saw this in your bank a rolling stone in times like goldman sachs and you galvanized people's imagination with the fam pyar squid that's a great turn of phrase i mean it really put into context what this is all about and now subsequently what your books in your article as you've continued in that vein bringing really good journalism to the fore and so let's get into what you've been talking about recently as a new nuclear posture review the n.p.r. you'd never know it watching cable news but you writ

welcome back to the kaiser report imax jazzer time now to turn to four time mayor of pittsburgh and he also led the north carolina democratic party hey it's randiv already welcome back to the kaiser report it's great to be here max ok so we're coming up on twenty eighteen is a way the president you know he has a big downward movie gets crushed you know after being in office a bit there's a reversal but this president has caught the eye of some interesting folks you know his tax cuts have led to praise even from democratic leaning california corporations like apple or celebrities like bill murray you know normally in midterm elections the party in power is kicked in the teeth but these tax cuts seems to have you know really grab people's attention even in the democratic party where you think well money is always going to grab people's attention you know we all knew that apple was offshoring all their profits and now when they've lowered the rates from thirty five to twenty one and some of the other things in that tax bill they're able to move billion tens of billions of dollars around t

welcome back to the kaiser report imax jazzer time now to turn to four time mayor of pittsburgh and he also led the north carolina democratic party hey it's randiv already welcome back to the kaiser report it's great to be here max ok so we're coming up on twenty eighteen is a way the president you know he has a big downward movie gets crushed you know after being in office a bit there's a reversal but this president has caught the eye of some interesting folks you know his tax cuts have led to praise even from democratic leaning california corporations like apple or celebrities like bill murray you know normally in midterm elections the party in power is kicked in the teeth but these tax cuts seems to have you know really grab people's attention even in the democratic party where you think well money is always going to grab people's attention you know we all knew that apple was offshore and all their profits and now when they've lowered the rates from thirty five to twenty one and some of the other things in that tax bill they're able to move billion tens of billions of dollars around

welcome back to the kaiser report imax keyser time now i have to turn to mark hughes is the founder and chief investment officer at mortgage create capital management mark welcome to the show thanks for having me all right we're going to get to the big stuff in a minute absolutely put this in context so first of all how much do you guys manage over there roughly about a billion and a half ok so you've got to do asset allocation and look transitor trying to put money to work where it's going to get the biggest rate of return you've got something it was demographics and health care number two energy and natural resources number three growth of emerging market consumers for wealth transfer to developing markets just touch on the demographics in health care market use go what do you see there pretty simple the west is getting old and the east is very young we think that they'll be too big trends one in the west where you need a lot of biotechnology and a lot of medical devices we're spending more on looking better living longer and in the east where they have young populations they need hea

welcome back to the kaiser report imax keyser time now to go to acapulco and speak with jeff burrowing who puts on the biggest mass and arctic conference in politics and economics that is an arc of paul go in this year is that of a one day crypt a polkadot jeff welcome back it's my pleasure max and jeff congratulations this is an archipelago krypto polka thing is blowing up man is a must go to event era here about all the time you must be very pleased yeah actually we've been totally shocked we were not expecting this we have about triple the audience of last year it's going to be actually sold out it's going to be about fifteen hundred people we had about six hundred last year and yet it's piers that this anarchy thing is kind of popular there i'd say to as if i or somebody showed up out and they couldn't get a ticket it's completely sold out you have the main conference is sold out but there's all kinds of events before and after it's almost like a month long sort of a vent but so you go to an archipelago dot com and scroll down you can see all the workshops and you can also live str

welcome back to the kaiser report imax keyser time now to turn to j. p. barrett of mining stuart bad code j.p. welcome thank you all right j.p. we ran into you recently at a at a meet up a bit coin actually the party that anniversary of the genesis block being launched and you're a miner and this is really fascinating to a lot of people is it fair to say you're in your twenty's or early twenty's or fairly young guy. before we talk about your crypto mining operations tell us about how and when you got into cryptocurrency so i got in the crypt when i was a freshman high school kind of got my whole school was going to really small high school got everyone in on crypto eval was trading it you know so i guess most fifteen years old sixteen years old and what so how did you hear about i think it was about once i tried buying coins through a wall in mt gox and i was like this is way too complicated and then eventually tech crunch another article came out like ok this stuff is crazy i need to do i want to do this and tell myself you know get the coins and i was l

welcome back to the kaiser report imax keyser time now to turn to j.p. barrett of mining storage bad code j.p. welcome thank you all right j.p. we ran into you recently at a at a meet up a bit coin actually the party the anniversary of the genesis block being launched an era miner and this is really fascinating to a lot of people is it fair to say you're in your twenty's or early twenty's or fairly young guy. before we talk about your crypto mining operations tell us about how and when you got into cryptocurrency so i got in the crypt when i was a freshman in high school kind of got my whole school was once a really small high school got everyone in on crypto eval was trading it you know so i guess most fifteen years old sixteen years old but what does your about i think it was about once i tried buying coins through a wall in mt gox and i was like this is way too complicated and then eventually tech crunch another article came out like ok this stuff is crazy i need to do i want to do this and tell myself you know get the coins and i was like well now i

welcome back to the kaiser report imax keyser time now to go to acapulco and speak with geoff burrowes who puts on the biggest mass and arctic conference in politics and economics that is an arc of paul go in this year is that of a one day crypt a polkadot jeff welcome back it's my pleasure max and geoff congratulations this is an archipelago cooked up all cool thing is blowing up man it's a must go tour of that era here about all the time you must be very pleased yeah actually we've been totally shocked we were not expecting this we have about triple the audience of last year it's going to be actually sold out it's going to be about fifteen hundred people we had about six hundred last year and yeah it's piers that this anarchy thing is kind of popular there i'd say to as if i or somebody showed up out and they couldn't get a ticket it's completely sold out you know the main conference is sold out but there's all kinds of events before and after it's almost like a month long sort of a vent but so you go to an archipelago dot com and scroll down you can see all the workshops and you can

welcome back to the kaiser report imax keyser time now to turn to j.p. barrett of mining storage bad code j.p. welcome thank you all right j.p. we ran into you recently at a at a meet up a bit coin actually the party the anniversary of the genesis block being launched and you're a miner and this is really fascinating to a lot of people is it fair to say you're in your twenty's or early twenty's or fairly young guy. before we talk about your crypto mining operations tell us about how and when you got into cryptocurrency so i got in the crypt when i was a freshman in high school kind of got my whole school was going to really small high school got everyone in on crypto eval was trading it you know so i guess most fifteen years old sixteen years old and what so how did you hear about it i think it was about once i tried buying coins through a wall in mt gox and i was like this is way too complicated and then eventually tech crunch another article came out like ok this stuff is crazy i need to do i want to do this and tell myself you know get the coins and i

welcome back to the kaiser report imax keyser time now to go to shanghai and speak with dan collins on the china money report dan welcome back a mix hey dan let me ask you mr trump administration first national defense strategy a elevates china to its number one threat it claims that china practices predatory economics and calls for sending in the marines it sounds like what the frank is going on down. well yeah i heard i read that and i kind of prevented it to air it i call it economic and military economically speaking china is a neo mercantile it's the economy we talked about before they're going to do bigger than your economic policies they're going to set up their own tariff barriers i mean any try to import here something is twenty five percent duty export the united states it's one or two percent so china does towards for its you know does what is it in its own interests japan and south korea did the same thing to united states for decades in less detroit in michigan hobbled in the steel columns of pennsylvania broke. but now when china does it china's too big there is twenty ch

welcome back to the kaiser report imax keyser time now to continue our conversation with mark hughes go he ron is morgan create capital all right here in north carolina it's like billion dollars and stuff welcome back marc thanks for having me first of all two quick points carry over from our last chat your guy is the bitcoin gold equivalency it's a very dashing tie and second of all you put out a four hundred thousand dollars price target for bitcoin because you believe it is gold two point zero if i'm not mistaken just to finish that point mark digital gold i think is the preferred method for storing value for the millennial generation and if you ask anybody under the age of thirty if they own gold they look at you like you have two heads if you ask them bitcoin or theory and oh my gosh of course so if you think about gold as a market it's an eight point four trillion dollar market there are twenty one million bitcoin now there aren't there eighteen or nineteen whatever the number is but eighty four eight point four divided by twenty one is four hundred thousand that's over a decad

welcome back to the kaiser report imax keyser time now to turn to mark hughes is the founder and chief investment officer of mortgage create capital management mark welcome to the show thanks for having me all right we're going to get to the big stuff in a minute absolutely put this in context so first of all how much do you guys manage over there roughly about a billion and a half ok so you've got to do asset allocation and look transitor trying to put money to work where it's going to get the biggest rate of return you've got some themes demographics and health care number two energy and natural resources number three growth of emerging market consumers for wealth transfer to developing markets so this just touch on the demographics and health care market used to go what do you see there pretty simple the west is getting old and the east is very young we think that they'll be too big trends one in the west where you need a lot of biotechnology and a lot of medical devices we're spending more on looking better living longer and in the east where they have young populations they need h

welcome back to the kaiser report imax kaiser time now to turn to one of america's preeminent journalista follower of the new journalism school talked about by tom wolfe i think on back to the seventy's. as a go next very good thanks for being on the show and as i make that comparison to the new journalism school new journalism because at that time just as a quick digression here this idea that the truth versus facts and facts can be kind of plain and it don't necessary give the truth and writers like yourself that are gifted with the language can offer a truth that is transcendent and that we saw this in your bank a rolling stone in times like goldman sachs and you galvanized people's imagination with the fam pyar squid that's a great turn of phrase i mean it really put into context what this is all about and now and subsequently what your books in your article as you've continued in that vein bringing really good journalism to the fore and so let's get into what you've been talking about recently as a new nuclear posture review the n.p.r. you'd never know it watching cable news but you

welcome back to the kaiser report imax kaiser time had to go to chicago and type with a mish shed lockf mish talk dot com mesh welcome back and their pleasure read on macs for saying some fireworks their little. one and shorts own bum up till you get smashed on his droid racks yeah that's an interesting idea there is ban a trade on the for how few years now in the head try to community in particular where they are short volatility they're short the vix and this has been hot a ball for a few years and the vix made a huge leap on the upside and i guess what you're suggesting there is you've got some blood in the street now if they had where it was so where do you see this market going mesh and depends where they typically what we've seen is just a one day pullback and then renewed ha we're seeing market down a few days in a row that dollars we're talking years down far more it's not sure where it's going to close that's that's a pretty significant move is down over three hundred points not days ago we're seeing the start of something here ruble what these are hedge funds or during a max