welcome back to the kaiser report i'm max keiser time out of turn to nick jim bruno you can find his writings about gold and other cool stuff at casey research dot com nick welcome max great to be with you nice to see you again now you travel extensively and you have lived all over the world you spend part of your time here but as eris give us your impression of the current situation here to outsiders like me and stacey you know it seems calm enough on the outside what are we missing what's going on it sure well argentina has gone through a number of financial crises in the past 100 years and it looks like it's on the cusp of another one the last really big one was in 2001 and what is happening here is the currency is is really on a foundation of sand right now it's living and dying by the whims of i.m.f. bailout money so argentina is on the cusp of a possible currency crisis which is relatively normal for this country it's happened repeatedly over the past 100 years and that's what we're looking at right now and there's reasons for that you know 100 years ago argentina and the u.s. w