See whats going on but i get so sleepy at times i cant concentrate. You know no hey you know this is interesting for a couple of reasons concentrate. You know know hey you know this is interesting for a couple of reasons 1st of all the disconnect between the vast majority of americans and 1st of all the disconnect between the vast majority of americans and what people see on cable news is huge and what people on cable news think what people see on cable news is huge and what people on cable news think everyone should get outraged about nobody in america pays any attention to whatsoever and this is what led to traumas victory in 2016 and whats said everyone should get outraged about nobody in america pays any attention to whatsoever and this is what led to traumas victory in 2016 and what setting them up for a victory in 2020 whats interesting is that somebody from the b. B. C. You know theres a saying. For a victory in 2020 whats interesting is that somebody from the b. B. C. You know theres a somebody from the Foreign Press who comes over into america im a from the Foreign Press who comes over into america and you know once you step foot into america you know you would be quickly and you know once you stepped foot into america you know you would be quickly aware of the fact that there are almost 300000000 americans that dont care about where the fact that there are almost 300000000 americans that dont care about what happens on cable news they just get from sun to sunset putting in their out what happens on cable news they just get from sun to sunset putting in their hours taking care of their kids doing their job doing the best they can and their hours taking care of their kids doing their job doing the best they can and theyre living in a country that theyre very happy to be living in and they dont watch cable news so the b. B. C. Is living in a country that theyre very happy to be living in and they dont watch cable news so the b. B. C. Is probably figuring you know we cover america all day long on the b. B. C. And it when we go to america probably figuring you know we cover america all day long on the b. B. C. And when we go to america apparently they are not really doing the things that we think that theyre doing but theres the others the penalty they are not really doing the things that we think that theyre doing but theres the other side too which is when i grew up in the seventys we used to watch these programs about which i too which is when i grew up in the seventys we used to watch these programs about how the Great American next millennium what it would be was a time of how the Great American next millennium what it would be was a time of leisure and that we would have time with our family and there would be these robots and stuff like that that would take leisure and then we would have time with our family and there would be these robots and stuff like that that would take care of our laundry and all of our jobs would be like we would have a lot of time. Our laundry and all of our jobs would be like we would have a lot of time like things would get better but in fact what youre seeing in mine like things would get better but in fact what youre seeing in much of the country where the deplorable xl live is that they have to work 2 or 3 of the country where the deplorable xl live is that they have to work 2 or 3 or 4 jobs that they have to run in this like faster and faster for jobs that they have to run in this like faster and faster just to stay even with their debt just to make the minimum monthly debt payment just to stay even with their debt just to make the minimum monthly debt payments on their credit cards that are needed in order to sustain their life and on their credit cards that are needed in order to sustain their life i. E. The basics the masses basic message cities food shelter i. E. The basics the masses basic message cities food Shelter Health care those have to all be put to death as rats health care those have to all be put to death its ratcheted up these costs are massive so you have people that are tired stood up these costs are massive so you have people that are tired and too tired to think because theyre working nonstop and then too tired to think because theyre working nonstop and thats a danger because in washington d. C. They dont have to work that hard because thats a danger because in washington d. C. They dont have to work that hard because they just live off the plunder of your taxes so theyre fresh faced and and as they just live off the plunder of your taxes so theyre fresh faced and and bush bushy tailed like taking all your money here they talk to another guy in. Bushy bushy tailed like taking all your money here they talked to another guy in this town a circleville ohio and he was at the pumpkin show and his name was dan this town circleville ohio and he was at the pumpkin show and his name was danny evans a construction laborer who said he was too busy with work to kenny evans a construction laborer who said he was too busy with work to care about what was happening in syria or understand i leave at 4 30 in the morning or about what was happening in syria or understand i leave at 4 30 in the morning and i get home at 630 or 7 at night i eat dinner with morning and i get home at 630 or 7 at night i eat dinner with my kids and i go to bed and i get up again he says he learns a bit about current my kids and i go to bed and i get up again he says he learns a bit about Current Events from facebook but he doesnt watch or read the news regularly what he says hes been events from facebook but he doesnt watch or read the news regularly what he says he does know however is that the u. S. Has been too weak for too long we need somebody like trial does know however is that the u. S. Has been too weak for too long we need somebody like trump was going to stand up for our country and tell them that were in the United States and they cant was going to stand up for our country and tell them that were in the United States and they cant sleep with us right on banning and im im totally in agreement with banning on that one leap with us right on banning im totally in agreement with banning on that one you know the difference between america and europe again you know is that. You know the difference between america and europe again you know is that in america the idea is that if you lose a job youre in between in america the idea is that if you lose a job youre in between jobs in europe the idea is working is a period. Jobs in europe the idea is working is a period where youre in between vacations you know having lived in europe for almost 20 years it where youre in between vacations you know having lived in europe for almost 20 years and you see it particularly in countries like france where the whole object and you see it particularly in countries like france where the whole objective of getting up in the morning is to figure out how to get more time off how to be on vacation of getting up in the morning is to figure out how to get more time off how to be on vacation and work is considered evil and considered a complete waste of time in america and work is considered evil and considered a complete waste of time in america its the opposite people dont even take all the days off that theyre given they love the work americans love to work as opposite people dont even take all the days off that theyre given they love to work americans love to work thats why this is different than country that it is they like to get up and work all day so this is not necessarily why this is different than country that it is they like to get up and work all day so this is not necessarily a story about someone being overworked as somebody whos telling you look i dont give a girly a story about someone being overworked as somebody whos telling you look i dont give a i dont care you know i love work and i work and then just jumps make an invaluable for me to work i dont care you know i love work and i work and then just jumps make an invaluable for me to work more thats what i love about him the quote for me that is relevant is the woman who says shes our thats what i love about him the quote for me that is relevant is the woman who says shes so sleepy at times i cant concentrate and to me that is important because we so sleepy at times i cant concentrate and to me that is important because we are an empire and we are a declining empire and this is part of the way our an empire and we are a declining empire and this is part of the accumulation of gold reserves by other nations people are worried that we are in need. Accumulation of gold reserves by other nations people are worried that we are a nation of people so exhausted and so tired not only are we exhausted on a physical location of people so exhausted and so tired not only are we exhausted on a physical level at the bottom 99 percent of people who are as we said in the last episode 65. 00 at the bottom 99 percent of people who are as we said in the last episode 60 percent of americans cant even pay for their current expenses out of percent of americans cant even pay for their current expenses out of their earnings so they have to go into debt these are people that are exhausted their earnings so they have to go into debt these are people that are exhausted but but but its the. News where where are the. Sasa jing and out to the people not only are people too exhausted went out to listen to the pizza to them and will d not only are people too exhausted now to even listen to them and know what theyre supposed to think but theyve run out of ideas they you know you see that you know what theyre supposed to think but theyve run out of ideas they you know you see that in the russia gate stuff you see it like with crazy hillary coming out and saying and the russia gate stuff you see it like with crazy hillary coming out and saying you know her stuff against chelsea gabbert and jill stein where shes accusing them of being you know her stuff against chelsea gabbert and jill stein where shes accusing them of being kremlin. You know agents or something then you see by kremlin. You know agents or something then you see biden also doing the same thing hes like weve got youve got to send me money for my campaign because that and also doing the same thing hes like weve got youve got to send me money for my campaign because otherwise russia will take me down or Something Like that so theyve run out of ideas on the cable other ways of russia. It will take me down or Something Like that so theyve run out of ideas on the cable news and here im going to turn to the elite class because of course Goldman Sachs lose and here im going to turn to the elite class because of course Goldman Sachs you know they run they theres a revolving door between the banking you know they run they theres a revolving door between the banking wall street class especially Goldman Sachs and the halls of power in washington d. C. Wall street class especially Goldman Sachs and the halls of power in washington d. C. At the i. M. F. At the world bank at the e. C. B. At the Central Banks so there are powerful fees at the i. M. F. At the world bank at the e. C. B. At the Central Banks so theyre powerful firm and hank paulson was at the head of the treasury firm and hank paulson was at the head of the treasury when we hit the financial crisis in 2008 and 9 before that of course he was like when we hit the financial crisis in 2008 and 9 before that of course he was at Goldman Sachs so here is some of the quote from him matching this exhausted person at the deplorable person that has to work for a living heres Goldman Sachs so here is some of the quote from him matching this exhausted person at the deplorable person that has to work for a living heres hank paulson describing what happened during the financial crisis how a late paulson describing what happened during the financial crisis how a late night phone call from Warren Buffett in 2008 may have helped night phone call from Warren Buffett in 2008 may have helped save the u. S. Economy of course this elite class writing to save the u. S. Economy of course this elite class of writing in the media think it saved the u. S. Economy and that has nothing to do with why that in the media. It save the u. S. Economy and that has nothing to do with why this woman in circleville ohio is totally exhausted having to work several jobs but this woman in circleville ohio is totally exhausted having to work several jobs but an october 2008 in the midst of the financial crisis Berkshire Hathaway c. E. O. Was an october 2008 in the midst of the financial crisis Berkshire Hathaway c. E. O. Warren buffett made a late night phone call to then treasury secretary Henry Hank Paulson when buffett made a late night phone call to then treasury secretary Henry Hank Paulson with an idea about how the government might be able to turn the economy around paulson was an idea about how the government might be able to turn the economy around paulson was asleep hed had a busy night working through various policy ideas with his team to restore calm sleep hed had a busy night working through various policy ideas with his team to restore confidence and wall street he goes on to say 1st he woke up he did on finance and wall street egos on to say 1st he woke up he didnt know where he was who is this person warring call and he said my mom has a had no where he was who is this person warring call and he said my mom has a handyman named warren and im saying who it why is my moms handyman call and a man named warren and im saying who it why is my moms handyman calling me you know so he was so sleepy he couldnt concentrate playing me you know so he was. So sleepy he couldnt concentrate Warren Buffett got him and proposed with that tarp fund the start funds Warren Buffett got him and proposed with that tarp fund the start funds that instead of buying up assets why dont you just inject it directly into the bank that instead of buying up assets why dont you just inject it directly into the banks and you say ok like in the middle of sleep so it was time paulson its not he say ok like in the middle of sleep oh it was time paulson its not a lack of sleep its about narcolepsy which accompanying that would be hallucinations a lack of sleep its about narcolepsy which accompanying that would be hallucinations so heres a guy whos mentally unstable who gets a call in the middle the night from so heres a guy whos mentally unstable who gets a call in the middle the night from the largest owner of bank shares shares in banks the largest owner of bank shares shares in banks in america if you look over Warren Buffetts portfolio its mostly in america if you look over Warren Buffetts portfolio its mostly banks and he is the single biggest owner of shares in banks so he called thinks he is the single biggest owner of shares in banks so he calls the treasury secretary whos a narcoleptic and mentally unstable and simplest bills the treasury secretary whos a narcoleptic and mentally unstable and said whispers that is there 1 am you know what maybe you should just print a few trillion dollars that is there 1 am you know what maybe you should just print a few trillion dollars bail out. A bank. Instead of lease hank instead of trying to do something you know structural or something that might cost me a penny this could be of trying to do something you know structure all. Something that might cost me a penny this could be a great opportunity for me Warren Buffett just give me the money oh it took a great opportunity for me Warren Buffett just give me the money oh it took care of the for all and of course there are the what for they all did and all of course i dont have one of course cause i wish i could go naturally wears them but they did richard and i thought of course i want to congress own shares in Berkshire Hathaway and bank stocks they own way and my bank stock tons of lay all the money tons i get i dont know about any sort of health i get i dont know about any sort of Mental Health issues but in terms of whether or not this is predatory or not for Warren Buffett to cause issues but in terms of whether or not this is predatory or not for Warren Buffett to call a guy in the middle of the night all the sleeping and of course reminds me of the predatory hospitals for example the guy in the middle of the night all the sleeping and of course reminds me of the predatory hospitals for example where you arrive in a perhaps a coma unconscious or youre put under an sample where you arrive in a perhaps a coma unconscious or youre put under and sedated and then they they have a fly by doctor who comes in and racks you know today did and then they they have a fly by doctor who comes in and racks you know charges you 50000 dollars for looking at your chart because hes out of network here of the same things charges you 50000. 00 for looking at your chart because hes out of network here the same thing is hes hank paulson is just handed the week before a few days as hes hank paulson is just handed the week before a few days before 700000000000. 00 without any. Like parameters before 700000000000. 00 without any. Like parameters imposed on him by our legislative bodies so Congress Gives him 700000000000. 00 imposed on him by our legislative bodies so Congress Gives him 700000000000. 00 Warren Buffett calls them in the middle of the night says hey give me it and yet a rescue center is Warren Buffett calls him in the middle of the night says hey give me it. Like yeah rescues him but here so heres a class like were also establishes that hank but here so heres a class like were also establishes that hank paulson had no idea what to do with the money but oh you know we know from testimony that the reason they say salsa i had no idea what to do with the money but oh you know we know from testimony that the reason they settle on 700000000000 dollars is for the reason that quote one trillion sounded too big double on 700000000000. 00 as for the reason that quote one trillion sounded too big and quote thats all the thinking they did on this so they were out of ideas some saying like the end quote thats all the thinking they did on this so they were out of ideas some saying like the woman that has to work the man who has to work it for 30 to sustain all of this woman that has to work the man who has to work it for 30 to sustain all of this fraudulent class this plunder class there too tired to think fraudulent class this plunder class theyre too tired to think here these 2 these people are too theyre out of ideas they cant even think of an original idea here these 2 these people are too theyre out of ideas they cant even think of an original idea and then finally tying this all together in terms of you know and then finally tying this all together in terms of you know this decline of empire out of ideas Student Loans crisis not mideast wars help this decline of empire out of ideas Student Loans crisis not mideast wars helped army leaders exceed recruiting goals this year says this is from the army times and they say that our army leaders exceed recruiting goals this year says this is from the army times and they say that Army Leadership gathered to say to announce that they surpassed their recruiting goal for 21000. 00 sign me leadership gathered to say to announce that they surpassed their recruiting goal for 21000. 00 signing up more than 68000. 00 active duty soldiers before the end of the fiscal year and that more than 68000. 00 active duty soldiers. Before the end of the fiscal year but the long wars in the middle east werent exactly part of the sales pitch based on his experience the long wars in the middle east werent exactly part of the sales pitch based on his experience visiting 30. 00 to 40. 00 recruiting stations osier the eventual outcomes of wars abroad areas visiting 30. 00 to 40. 00 recruiting stations a c. Or the eventual outcomes of wars abroad are not really part of the discussion between potential soldiers and their recruiters said Major General for not really part of the discussion between potential soldiers and their recruiters said Major General frank month he said one of the National Crises right now is Student Loans so 31000 month he said one of the National Crises right now is Student Loans so 31000. 00 about the average they owe you can get out of the army after 4 years 110 dollars about the average they owe you can get out of the army after 4 years 100 percent paid for the State College anywhere in the United States so these people who are too tired to thing 2 percent paid for the State College anywhere in the United States so these people who are too tired to think the only way out of that is to go to college or rack up debts which leaves you then the only way out of that is to go to college or rack up debts which leaves you then too tired to think because if they work 5 or 6 jobs that pay off as debts and pay for obamacare and too tired to think because if they work 5 or 6 jobs that pay off as that and pay for obamacare you saying that this is recruiting people into this war that they dont even know what as the b. B. C. Are you saying that this is recruiting people into this war that they dont even know what as the b. B. C. Established nobody knows what its where there for what its about you know wars become generic the established nobody knows what is where there for what its about you know wars become generic and america used to be branded like world war 2 you had a branded enemy the in america you should be branded like world war 2 you had a branded enemy the germans the han there was a branded enemy now its purely generic brand x. We dont even look at germans the han there was a branded enemy now its. The generic brand x. We dont even look at who the enemy is its just go pay get money pay down debt thats our common has become who the enemy is lets just go pay get money pay down debt thats a common has become and the cost of war is cheap because you just print the money like a generic brand used to be had to actually and the cost of war is cheap because you just print the money like a generic brand used to be had to actually spend gold to buy guns to go kill people now you just print money buy guns and kilby spend gold to buy guns to go kill people now you just print money buy guns and kill people the cost of war is down in the generic war level you print debt you dont cripple the cost of wars down in the generic war level you print debt you dont print money you print death theyre printing. Of makes me sleepy money you print death theyre printing. Of makes me sleepy. To remember that it was. Remember that it was. There wasnt it was much worse. There wasnt it was much worse objectively. But there was an expectation the things were going to get better. But there was an expectation the things were going to get better. There was a real sense of. Todays america there was a real sense of hope. Today todays america was shaped by the 10 principles of concentration of wealth and power was shaped by the 10 principles of concentration of wealth and power. Reduce democracy attack solo doubt. Reduce democracy attack solo down engineer elections manufacture consent another print engineer elections manufacture consent and other principles according to no im chomsky one set of rules for the response according to no im chomsky one set of rules for the rich opposites. Thats what happened in opposites. Thats what happens when you put her into the hands of a narrow sector of human you put her into the hands of a narrow sector of will which will is dedicated to increasing power for chills just as youd expect will which will is dedicated to increasing power for chills just as youd expect one of the most influential intellectuals of our time speaks about one of the most influential intellectuals of our time speaks about the modern civilization of america. The modern civilization of america. The world is driven by. The world is driven by. Those. Sinks. The chairs sinks. We dare to ask. We dare to ask. Just so lucky just so lucky. Its a pretty silly. Mistake to do a little late mother. Mother. A little golden globe. Player golden globe. Welcome back to the new cars report im max keiser to evoke a merry back to the past has a report imax keyser time now to turn to a very special guest dmitri or a lot of club. Blogs. Or a lot of club orloff dot blogspot dot com its been a few years to major nice to have you back its great to be back with you max already spent a few years to me very nice to have you back its great to be back with you max all righty lets get into it so youre a russian american living in st peters but get into it so youre a russian american living in St Petersburg russia whats that like in the days of the anti russia or grushka whats that like in the days of the anti russian hysteria from the socalled liberal america well action hysteria from the socalled liberal america. Well i would say that its same as ever because nobody here has any clue that ive spent i would say that same as ever because nobody here has any clue that ive spent a couple of decades living in the u. S. I just russian i live in russia couple of decades living in the u. S. I just russian i live in russia thats the most natural thing imaginable. The United States thats the most natural thing imaginable. The United States and the madness there they it gets covered in the news but its not of its in the madness it gets covered in the news but its not a major topic of interest to most russians about do only time to a major topic of interest to most russians about do only time it really comes up is when i. Try talking about the United States it really comes up is when i. Try talking about the United States to one of the local liberals they do exist there are few in number states to one of the local liberals they do exist there are few in number something of an endangered species but they do exist but other dramatic just really doesnt register something of an endangered species but they do exist but other dramatic just really doesnt register with the people here that you know the United States has gone mad its just its not on the radar but with the people here that you know the United States has gone mad its just its not on the radar lets you know you wrote a n. S. A. Underspent lets you know you wrote a n. S. A. To spend a while now its called the collapse gap and thats when we 1st were introduced in the a while now its called the collapse gap and thats when we 1st were introduced to your work and it was circulated widely here in the in the nomic just to your work and it was circulated widely here in the in the. An economic circles and a lot of the things you predicted at that time have come to pass circles and a lot of the things you predicted at that time have come to pass and so i want to get your insight into this more thoroughly so and so i want to get your insight into this more thoroughly so whats at the root of this neo mccarthy a steria in your view in in whats at the root of this neo mccarthy a steria in your view in in america is it a symptom of the collapse that you saw coming more than a decade in america is it a symptom of the collapse that you saw coming more than a decade ago in your essay the collapse gap why have the american liberal elite a bit go in your essay the collapse gap why have the american liberal elite abandoned all reason the parent li dimitry. Well and all reason the parent li dimitri. Well its because they have nothing to offer they really dont have any tricks left its because they have nothing to offer they really dont have any tricks left they basically have to admit that everything theyve tried has stay at it basically have to admit that everything theyve tried has failed and admit that you know there are a couple of nations that are ascendant dont. Admit that you know there are a couple of nations that are ascendant and russias one of them china is the other one so these if they can russias one of them china is the other one so these is thing to do is to vilify them now with russia its basically a lot to do is to vilify them now with russia its basically a lot of previous investment you know hundreds of. Hollywood but of previous investment you know hundreds of. Hollywood movies that demonized russia. Thousands of hours movies that demonized russia. Thousands of hours of Cable Television there russia becomes blamed for all sorts of things of Cable Television there russia becomes blamed for all sorts of things so. Russia is the prime candidate for demonization its so. Russia is the prime candidate for demonization its very difficult to do the same thing to china because that would be considered racist where is very difficult to do the same thing to china because that would be considered racist whereas russians pass for white people so russias state the obvious target is russians pass for white people so russias state the obvious target but its sort of shadow boxing because they are really hitting russia theyre pretty much like but its sort of shadow boxing because they are really hitting russia theyre. Pretty much like watching each other over russia thats what it looks like from here you know and i think watching each other over russia thats what it looks like from here you know and i think that theres a point there you know these social justice warriors in the u. S. That theres a point there you know the social justice warriors in the u. S. The hollywood liberal types whenever there is a problem the hollywood liberal types whenever there is a problem they axiomatically just point russia as the source of the problem they axiomatically just point at russia as the source of the problem and it just strikes anyone whos got any sense of history or any cannava them and it just strikes anyone whos got any sense of history or any conscious at all that just naked bigotry just make it bigotry and just said all that just naked bigotry just make it bigotry and but they but and these are coming from the social justice warriors who you know are going to eat falafel and but they but and these are coming from the social justice warriors who you know are going to eat falafel in our tofu sandwiches and drive a prius but dont seem any problem with all in our tofu sandwiches and drive a prius but i dont see many problem with just categorically castigating russians in this very categorically castigating russians in this very almost bordering on the hysteria antisemitic hysteria we see this realist bordering on the hysteria antisemitic hysteria we see this rip and bigotry thats exactly the same but inadvertent hilarity a rant in bigotry thats exactly the same but the inadvertent hilarity of it is that people who are preaching tolerance for you know rainbow chip it is that people who are preaching tolerance for. You know range both genders and. You arent allowed them to to call them illegal alien enters and. You arent allowed them to to call them illegal aliens anymore whatever youre allowed to call them now you know if theyre all. Anymore whatever youre allowed to call them now you know theyre all. In favor of inclusion and at the same time theyre the most intolerant people in favor of inclusion and at the same time theyre the most intolerant people in the world when it comes to russia its really remarkable and they dont see the internal in the world when it comes to russia its really remarkable and they dont see the internal contradiction i wonder how that works i think whilst for convenience because its political contradiction i wonder how that works i think whilst for convenience because its political convenience well lets talk about some economic things are so russia kids selling dollars and billions well lets talk about some economic things are so russia kids selling dollars and buying gold all at the current rate russia will be the 3rd largest holder of go buying gold all at the current rate russia will be the 3rd largest holder of gold within the next few months behind only the u. S. And germany whats going on here to me hold within the next few months behind only the u. S. And germany whats going on here dmitri well russia has sold its u. S. Debt holdings 3 well russia has sold its u. S. Debt holdings it is buying gold but its also a major goal producer so mostly. It is buying gold but its also a major gold producer so mostly its buying what it makes its supporting its Domestic Production of Gold Production and what it makes its supporting its Domestic Production of Gold Production now in terms of its being number 3 i dont even know if thats thats true anymore because we now in terms of its being number 3 i dont even know if thats thats. True anymore because we dont know how much gold the United States has left because any time anybody asked for dont know how much gold the United States has left because any time anybody asks them for their gold back from the United States that they have on deposit in their their gold back from the United States that they have on deposit in the United States the answer was no sorry sometime United States the answer was no sorry sometimes they got a little bit of gold back sometimes it was the wrong gold it wasnt the gold that was put on deposit to begin with germany asked for its gold back got a little bit they got a little bit of gold back sometimes it was the wrong gold it wasnt the gold it was put on deposit to begin with germany asked for its gold back got a little bit back and then back to any geneticist quite an intellectually gauge a bust trying to write a good play trade get it right to its trade its gold. Theres a good chance that the u. S. s sold that Gold Holdings off to china just to keep theres a good chance that the u. S. s sold that Gold Holdings off to china just to keep china from dumping its debt which would just completely destroy the United States financially china from dumping its debt which would just completely destroy the United States financially and so ratchets up could erupt very much about could be a temporary one island to be an attempt for with go what holding. Meetings but what at me what that means this that russia will be able to pull off what its been trying to pull off which is what that means this that russia will be able to pull off what its been trying to pull off which is trade with countries around the world using their own currencies trade with countries around the world using their own currencies while while backing the transactions with with guarantees based on gold while while backing the transactions with with guaranteed. Based on gold gold reserves theyre well on their way to being able to achieve that i think right hold reserves theyre well on their way to being able to achieve that i think right so the dollar as World Reserve currency is seemingly having so the dollar as World Reserve currency is seemingly having it the days are numbered and weve got countries like russia and china and other and the days are numbered and weve got countries like russia and china and others deciding to drop out of the dollar and move on that that is deciding to drop out of the dollar and move on that thats certainly a sea change in the Global Economy now it we know you mentioned just certainly a sea change in the Global Economy it now it we know you mention china a little bit here there seems to be a growing awareness in the u. S. I know a little bit here there seems to be a growing awareness in the u. S. Now. About china is a swelling power now seen a phobia about china is a swelling paranoia at this at this time. And noya at this at this time. And you know. From an Economic Perspective what i see would be a legitimate reason to to kind of feel her china you know. From an Economic Perspective what i see would be a legitimate reason to to kind of feed her china the chinese economy as relates to the u. S. Economy i mean theyre building something over the chinese economy as relates to the u. S. Economy i mean theyre building something over there im not sure the u. S. Quite understands whats happening what do you see but theyre im not sure the u. S. Quite understands whats happening. What do you say. Well china has the most successful economic model well china has the most successful economic model in the world ever the transition that has occurred in china to propel it from in the world ever the transition that has occurred in china to propel it from basically an economic backwater 2nd little group basically an economic backwater 2nd little agrarian economy to the worlds number one economy i would think sary an economy to the worlds number one economy i would think surpassing the United States in 50 years its been an absolutely remarkable passing to United States in 50 years its been an absolutely remarkable state and a system that they put in place its not communism its not anything that state and the system that they put in place its not communism its not anything that karl marx or his followers could have possibly imagined you know mother taught karl marx or his followers could have possibly imagined you know mother joan was a follower a fan of Peter Crockett who was a socialist and her own was a follower a fan of peter cook pocket who was a socialist anarchist. What i think the chinese model actually is if stalin isnt guess. What i think the chinese model actually is if stalin has a 2. 0 with what a lot of bugs fixed and a lot of patches 2. 0 with with a lot of bugs fixed and a lot of patches. It was also very successful model in the soviet union. And it was also very successful model in the soviet union while stalin was alive double digit growth every year just a reminder was alive double digit growth every year. Just a remarkable achievement in terms of in terms of Economic Performance arkell achievement in terms of in terms of Economic Performance but then after stalin died christopher came to power and critics but then after stalin died christopher came to power and pretty much wrecked the whole thing including the relationship with china but now russias own much wrecked the whole thing including the relationship with china but now russia is also bracing a sort of stalin as a 2. 0. And that sort of bracing a sort of stalin has a 2. 00. And its a very solid mix of large state oh its a very solid mix of Large State Owned Enterprises and a large mix of private companies as with enterprises and a large mix of private companies as well keeps they all the guard under control under political qual keeps they all the guard under control under political control up and actually manages to to manage a troll up and actually manages to to manage Public Affairs so that the common good is sublevel served Family Affairs so that the common good is sublevel served china stands to eradicate poverty in another couple of years. China stands to eradicate poverty in another couple of years russia has made strides in that direction as well so this is a model that russia has made strides in that direction as well so this is a model that works and the United States and the collective west dont have anything at all to offer it works and the United States and the collective west dont have. Anything at all to offer that is like that that is equally affected and so there cringing for that is like that that is equally affected and so there cringing and their fear full. You know that they want to somehow and theyre fearful. You know that they want to somehow escape their predicament its basically having nothing to offer right oh skate their predicament. This equate having nothing to offer right so stalin ism 2. 0 it doesnt sound like a Great Percent stalin ism 2. 0 it doesnt sound like a great branding exercise for china or branding exercise for china or you know this is. Lets dig into this a little bit so you know this is. Lets dig into this a little bit so you know you have china the rise to power is you know you have china the rise to power is from. The very its a strong armed rise from. The very strong armed rise to power that this is a very very controlled society this is a society with power that this is a very very controlled society this is a society with very few free speech rights very few rights i and its very few free speech rights very few rights i and they are emerging it becoming a dominant cult cond they are emerging becoming a dominant cult economy in the world and the us of course going back i mean in the world and the u. S. Of course going back 5060 years we had a world war ok and the u. S. 5060 years we had a world war ok and the u. S. Came out of that war with its model of friess came out of that war with its model of free speech of bill of rights etc becoming a global standard so lets be bill of rights etc becoming a global standard so let me ask you this the the the future if its purely economic ask you this the the the future if its purely economic would favor the strong hand the mic would favor the strong hand some might call the dead hand of of an autocracy some might call the dead hand. Of an autocracy but so is you know is the western model is the but so is you know is the western model is the us model dead completely. Or us model dead completely. Or will there be a pushback so in other words you know you put me in a position where our it will there be a pushback so in other words you know you put me in a position where im going to have to push back and say that the the us model im going to have to push back and say that the the u. S. Model. Could could could be offer some some. Could could could be offer some some. You know what what are your thoughts well i dont know i see the United States you know what what are your thoughts well i dont know i see the United States as the most you know corrupt country in the world so corrupt that theyve legalized corruption is the most you know corrupt country in the world so corrupt that theyve legalized corruption its called lobbying and you know china and russia have its called lobbying and you know china and russia have successfully combat it corruption so that theyre quite effective at this point. Successfully combat corruption so that theyre quite effective at this point. Russia went through a period of time where they were actually. Russia went through a period of time where they were actually executing thousands of corrupt officials every year but that has stopped there theyve stopped executing thousands of corrupt officials every year but that has stopped there theyve stopped executing corrupt officials why because corrupt officials are dead they dont exist executing corrupt officials why. Because corrupt officials are dead they dont exist anymore. No whether their system is liberal or not as it is to any more. Know whether their system is liberal or not as it is sighed the point because nobody is going to dictate their terms to china or to recite the point because nobody is going to dictate their terms to china or to russia for that matter from that point a few western liberalism is just completely dead russia for that matter from that point a few western liberalism is just completely dead everybody in the world every sovereign nation in the world from now on is going to set their own stand everybody in the world every sovereign nation in the world from now on is going to set their own standards for what they will tolerate and what they want and the United States under it for what they will tolerate and what they want and the United States and other western countries will have absolutely no say. Right so i guess it comes the other western countries will have absolutely no say. Right so i guess it comes down to really a discussion of centralization vs decentralization and so found really a discussion of centralization vs decentralization and so far decentralization has been the Winning Strategy but lets go if there are decentralization has been the Winning Strategy but lets cut off there because right of time thanks so much for being on the kaiser report dimitri thank you because right of time thanks so much for being on the kaiser report dimitri thank you ok thats going to do it for this edition of the kaiser report with me max kaiser and stacey or would like to thank our ok thats going to do it for this edition of the kaiser report with me max kaiser and stacey or would like to thank our guest Dmitri Orloff if you want to catch us on twitter its kaiser report until i guess Dmitri Orloff if you want to catch us on twitter its kaiser report until next time by. Next time. And. Rational. Rational. Designer loved need the. Designer love need a thief. Is. More than a. Bit. More than a. Today there are good tennis. Today there are good terrorists and bad pedants the bad debt is on those in yemen the United States and bad dead its the bad debt it is said those in yemen who the United States deems to be a threat the looked at it is some of those what in syria the cia deems to be a threat the good tennis of those what in syria the cia and the us military were engaged in covert actions really throughout the world and the us military were engaged in covert actions really throughout the world. Where they were assassinating populist leaders they were backing up right Wing Military where they were assassinating populist leaders they were backing up right Wing Military windows funding an army death squads theres no any more into those funding an army death squads theres no anymore because theres always a small out of control or a really good this because theres always a small out of control or a really good thats good for profit. And for profit. What politicians do lucians. What politicians do you should. Put themselves on the line and they get accepted or rejected. And put themselves on the line. To get accepted or rejected. So when you want to be president or injury. Or something. So when you want to be president or injury. Or somehow want to be rich. And shed like to be for us this is what the fuck i want to be. And shed like to be for us this is what before 3 in the morning cant be good. Im interested always in the tree in the morning cant be good. Im interested always in the water our. First ship. The waters of our. First ship. The pentagon says its not ready to release Video Evidence to back. The pentagon says its not ready to release Video Evidence to back up the claim its killed bin laden and Islamic State in syria we look at how the world cup the claimants killed bin laden and islamic studies in syria we look at how the worlds most wanted terrorist avoided detection the. Most wanted terrorist avoided detection. Of an equal say in the trauma room a security adviser who was charged with lying to invest on the unequalled saying the trauma room a security adviser who was charged with lying to investigators is alleges Michael Flynns testimony was altered by the f. B. I. The guy says alleges Michael Flynns testimony was all. By the f. B. I. And the rest 4 year old man suspected of injuring 2 people and the rest 4 year old man suspected of injuring 2 people drawing an attack on a mosque that is a new poll finds that most people drawing an attack on a mosque that is a new poll finds that most people in the country think that islam is incompatible with the french society. In the country think that islam is incompatible with the french society