Hour to take you through the latest news from around the world happy new year more of us here at l. T. International. I am max kaiser out being new there. Wow im feeling it 2020 should be a whopper stacy yes this is our last day of 21000 were heading into 2020 we have a lot of predictions that means because of course no beginning of the year is a true beginning of the year without some predictions i think 2020 could be a year for giago we saw coming into the end of the year these uprisings across the world so will we see pitchforks and billionaire taxes was going to have a banner year they global interaction against banker a patient for sure because the is an agenda is a folks are going to give up theyre going to realize that theres been a rigged game from the beginning they have no chance theyre not going to make as much as their parents did Life Expectancy is falling in america and the environment is collapsing and they realize theyve got to fight their way out of this or theyre going to perish so theyre going to theres going to be pretty gnarly to use a millennial term i think there was a generation x. Term i remember that and i ok my childhood so i think it is indeed a time that people in the younger generations and they have the vote now they are the millennial and they have the power and i think you saw that in the terror this year in the billionaire boomers because they came out like no other fear ive ever seen on them we saw jamie diamond leon cooperman Michael Bloomberg bill gates Lloyd Blankfein they all came out terrified of this billionaire tax i the notion not that attacks might pass but that the millennial realize that they have some odious wealth well if the prevailing sentiment will d be that the blue the billionaire boomers wealth was not earned. It was stolen and i have the cunto in effect by their dismantling of the rule of law by the dismantling of regulations by their. Coopting from the political process by their engagement and all kinds of nefarious underhanded techniques they have stolen the future and now these. Genesee folks are going to have to act they are acting and ray dally oh Billionaire Hedge Fund manager out of connecticut he f. Course has also ended the year of 21000. 00 with many many warnings that the pitchforks are coming he sees the obvious hes talking like a hedge fund or hes not being creating you know hes not screaming like leon cooperman hes not going on television and crying and saying theyre going to take my money hes just saying i see whats coming is fascism and communism this always happens every time the wealth and income gaps like this and like it was in the 1000 and in 1000 twentys thirtys and see whats coming so he sees whats coming the uprisings around the world were reported by gary young in the guardian he said Something Interesting which i think sets us up for 2020 he said and so the decade ended as it started with demands for systemic change of course it started after the financial collapse and all those uprisings that we saw in 20102011 led primarily by the young and hundreds of thousands in the streets of chile hong kong indonesia haiti perus sudan lebanon israel iraq and the us as resistance gross economic inequality state repression bigotry and sexism political cultures have become more polarized with no systemic response to the financial crisis that would prevent it recurring and no punishment for those who caused the world sits on the brink of yet another one there is more oil on the streets and more sparks to ignite them the next decade promises to be more combustible than the last even though the u. S. Doesnt want to admit it that they have an empire and its an empire primarily of debt that there are some potential disruptions to. Supply lines rare earths for example that power a lot of the high tech economy are in countries and territories that my society to secede from americas empire and thats going to upset those supply lines the oil markets and the Oil Conflicts of course are going to be disruptive to supply lines the i see that a lot of the. Retail chains that sell extraordinarily cheap stuff to poor people prices are rising rapidly because of the trade war with china so theres a wish on this show the poor in america dont notice their forum because the cost of their stuff when they go to the Discount Store gets cheaper and cheaper so their lifestyle never doesnt really get horribly worse because even though they make less money the cost of stuff gets cheaper while china enter america go to trade war the cost of stuff at the local Discount Store starts going up and now suddenly you really are poor there is a trade war and the trade war is ongoing and it is not stopping and tariffs are taking effect and tariffs are taking effect against china taking effect against europe so those costs are rising but as gary young points out there is oil on the streets on the streets where the people are protesting and its just like one little flame one thing whether its a market crash whether whether its yet another bailout for bankers something is going to ignite it and its all ready to go up in flames as what hes saying thats what the oil is in the streets is is the anger and its the income gap is the more importantly the wealth gap and its this sense that theres an injustice being done upon the people because of the fed intervening always always always all the Central Banks around the world intervene on behalf of the bankers and who intervenes on behalf of the people but the i. M. F. Sticking them with debts and the austerity freaks so thats what weve seen from through the past 10 years and there is a sense that despite market all time highs despite booming markets despite the apparent joy for the. One percent that there is anger ready to ignite and i think ray deleo as i said he sees it just as a you know a cold hearted analyst you dont become a billionaire being warm hearted and fuzzy and hysterical again you saying that its all debt field so that theres 200 trillion in debt approximately on the planet and so if those supply lines are cut if they if theres a boil on the street it combusts and suddenly some countries unable to buy u. S. Treasuries anymore or they go completely dead dollars ation then that means higher Interest Rates and then you have a totally did dollar rise to a globalized world and its all against all thats my next topic because i have an on that document i have on your lap i have q. E. And negative Interest Rates will they or will wont they go negative this year our guest Michael Hudson this past year he said that rates are going to go as negative as 25 percent if they want to maintain the central bank run system they will have to take Interest Rates down to 25 percent negative he says is that going to happen or will the whole system collapse will will that basically this generation will they have to will they tear it down otherwise the rates are going negative well negative Interest Rates are an obvious form of financial oppression so i think that you know that the t. Shirt that says the beatings will continue until morale improves right so even though youve got billions of people on the streets protesting there because of negative Interest Rates are going to keep going into negative territory destroy try to make the situation better because over the past 40 years their solution to the problem of deflation caused by money printing has always been a print more money so theyre going to now go negative Interest Rates which just causes more deflation in that will of course create more social unrest and but theyre not going to stop the fed does allege theyre going to stop the intervention in the and the repo market in march but we know that will continue because. The bankers control them they just throw a hissy fit let the markets crash by 20 points thats the new crash never used to beat a 1000 points now its just 20 points is a crash so the other big story i saw from 29000. 00 i think is the single biggest story is that when mark carney had said that the dollar is days are numbered and that we have to think of a new settlements layer so do you think 2020 could be see the 1st emergence of a viable settlements layer we have bitcoin and gold gold has historically been the unit of account globally in trade and then it was displaced by the dollar in 1971 but people seem to be sick and tired of the u. S. Dollar not only from the trade imbalances that naturally arise from it but the fact that i spend weaponized since well especially since 20082009 so do you see that happening right that the world of a split between the u. S. Japan and israel on one side versus russia china iran and germany on the other side to us when we will is going to be obvious and 2020 germany is going to go outside of the us fear of influence thats the big swing state and the son of a layer on that side the german china russia side will be outside the u. S. Dollar that will be crypto blah chain oriented theyll settle their own pay most of their own rating agencies all issues their own bet and the u. S. Side will struggle that means the u. S. Dollar is no longer the settlement layer and that removes their exorbitant privilege of the United States to exercise control d so therefore generally that would indicate that theres going to be more perhaps military confrontation against china were seeing at the end of 2019 a real emergence of a phobia against russia being diverted towards china so were seeing a lot of xenophobia towards china that could be a conflict you know obama is the one that started it with the asia pivot now we could see military conflict our friend dan collins has said that could be coming of course. Theres another issue that could cause a lot of unrest in america and as far as i could tell right now it looks like 2020 were going to see trumpery elected its pretty crazy for me to see the u. S. Domestically acting like it does internationally all the time i like coups and overthrow and you know basically intervening in the electoral process so i cant see. Them allowing it to happen that chung could win but on the streets on the street level you see that there isnt much the poorer for any of the Democratic Candidates other than Bernie Sanders and Bernie Sanders we know you know it was revealed at the end of the year that apparently somebody who knows insider knows that obama says he will intervene if it looks like bernie is going to win the nomination the democrats arent going to win. So that means strong points remember trungpa success is because a democrats cant seem to get out their own way right Hillary Clinton ran the Worst Campaign in history so trump on the democrats did learn anything from that and theyre going to run another equally her ific campaign in 2020 and theyll lose again trump is not like. The genius politician of history hes just a guy who happen to be there when the democrats decided to impel themselves on their own stupidity exactly but i mean his policies are pretty much the same continuation of obama. On Foreign Policy and things like that like i dont even understand what the whole thing is but nevertheless like there seems to be some sort of i guess the conflict emerging as we said between the billionaires and the rest of the economy is that you see the preparation for some sort of conflict domestically so you saw that t. V. Show that got polled where you know they went like posh people from new york city went hunting maggots or its then there was another one a new series on amazon prime also doing the same thing guys wearing red hats are shot at and chased down and hunted down by you know social justice warriors so its just like its a weird its a bizarre thing to watch lake that this is happening and its seems like its propaganda getting us all ready for conflict here and i dont think thats a good thing so. When he said he was out i mean off off off broadway. The white house which is broadway right its the difference between the lion king on broadway starring dollar trump versus social justice wires in the woods hunting down lego wearing hats somewhere on 6th street populated by 3 audience members and so finally lets see the tech unicorns the tech unicorns were starting to blow up at the end of the year we saw we work basically collapse essentially into nothingness soft soft bank which was the big funder of a lot of Silicon Valley is that going to go away or will it take us all the mars will be rescued from the disaster left i think well see more. Air pockets and of that evaporation more of these instant vapor like in enron was a great rigging of this is just 180000000000 in a day we work 46000000000 disappeared of a day essentially we do see a lot more of these multibillion dollar black holes i think in 2020 which is kind of you know keep keep keep your keep your eyes open for that its jolly good for keeps in time for the ready to light it and i enjoyed it and then its time to hear from charles so lets say the best prognosticator and addiction guy in kingston new york dont go away. On this edition of crossfire we answer questions sent to us by you the viewers we received quite a few questions here we do our best to answer some of them. Thousands of american men and women choose to serve in the countrys military the decision. To. Be instructed. To hold a shot on what they kill me and i see how it destroyed my life any scream didnt eat any meat. Many graham my arm and he right mean. If you take into account that women dont report because of the extreme retaliation its probably somewhere near about half a 1000000 women have now been sexually assaulted in the us military rape is a very very traumatizing thing tat happen but ive never seen trauma like ive seen women who are veterans who have suffered military sexual trauma reporting really is more likely to get the victim punished from the offender and almost 10 year career which shows very invested in and i gave the sex offender who was not even put to justice or put on the road a story this is simply an issue of power and violence male sexual predators for the large part of target whoever is there to prey upon whether thats a man or woman. Meaning air wow that went by quick quick enough in my view anyway welcome to 2020 am here with carol salon today the trans journal maestro the seer of thinks the new york the Fastest Growing hipster town in America Today the New York Times calls it joyful the Washington Post go to kingston see gerald in his live surroundings its gerald welcome back had been. Well you recently saw on the kaiser report jerrold that Interest Rates will go to 0 or negative this year in the u. S. What does that mean for the Global Financial system which is on a u. S. Dollar standard what are the consequences of the u. S. Rates going to 0 or negative will we see the negative Interest Rates in america in 2020 journaled solent i believe we will because the president ial reality show is going to be heating up and trump needs a Strong Economy and a fake Strong Economy but nonetheless and the only way theyre going to keep this thing going whose is more monetary methadone shot into the system and as the dollar goes down then these other currencies are in so much trouble because the lower the Interest Rates the lower the dollar moves so wont hurt all those other foreign currencies because they go down strong anyway right so the trade wars especially u. S. And china but also between the u. S. And e. U. Heated up in 2019 so is trade war is going to heat up again in 2020 in our view you have said the past you have currency wars lead to trade wars lead to hot wars were certainly in the trade wars period a 2nd to get more pronounced in 2020 jerald the trade war according to the. International monetary fund. Is saying that it only affects about 8 percent of the global jihad point 8 percent of the global g. D. P. So i dont think its going to have that big an effect i think its more of a global slowdown that has nothing to do with the trade wars for example look at cost sales in india india is not involved. Than a trade war where they down they were down a couple of months ago 41 percent look whats going on around the world it doesnt have to do with trade wars look whats going on as i had mentioned all these hot spots around the world whether its chile whether its believe the a colombian algeria lebannon iraq spain france with the yellow that its one country after another has nothing to do with the trade wars it has more to do with the Global Economy is slowing down and all of that cheap dough that they pumped into it isnt working anymore ok if last round are any of these coming back in 2020 bell bottom pounds. Maybe you know yes we got yo yos and every politician out there is a yo yo so theyre not going anywhere without cuisine yes ok youve heard it here 1st now lets without any hot wars on the horizon hot wars in 2020 were the hot spots japan looking hot and i see whats going on the hottest spot is the United States against venezuela and iran those are the hot spots and if things break out in iran itll be the beginning of world war 3 and you know listen to what einstein said i dont know how world war 3 will be fought but i know world war 4 will be for with sticks and stones so the United States saudi arabia israels. Going after iran and its Economic Warfare that the United States is committed against iran with these sanctions the same thing with venezuela those are the real hot spots and by the way with venezuela and whats going on now with in south america which show les in el salvador and nicaragua and honduras and all these colombia bolivia with all these hot spots heating up and venezuela going down you could if you could have a war breaking out in in south america as well you know thats going to expand and go north so this thing is really big and its going to get much worse a human wave of people are going to be leaving countries around the world as i said to escape violence corruption war and poverty what about china with the economy finally crash people of waiting for an apocalypse for the past decade and never happens china what are your thoughts well chinas held back a lot on pumping more cheap money into the system it doing a little bit at a time and i think theyre going to continue to do it theyre going to escalate doing it because of the problems going on in hong kong i mean hong kong is now in a recession and this is the this is the hub the banking hub of asia and china needs it so this is really hurting china a lot so i believe china is going to dump all the dough they can into the system this year to keep propping up but i dont think its going to work and you going to see great devaluation of the currency the yuan and theyre going to blame it on the trade war and have nothing to do with that because as you already know was chinas g. D. P. As a 30 year lows the numbers keep coming in on imports and exports in the keep going down again theyve overbuilt look at the look at how they expanded in such a short time in 1960 had a grand total of 900000000000. 00 in debt today they have over 40 trillion dollars in debt and a debt to g. D. P. Ratio of over 300 percent so theyre going to do all they can to prompt this up. I dont think its going to work now since thing that mentioned hong kong the finance hub of asia and also london the really the finance of europe both undergoing. Political upheavals with braggs it and all the protests going on in hong kong so where does the finance go or does it become completely distributed in decentralized are we entering into a period of many a multiplicity of currencies arising with crypto currencies and local currencies and things then theres a local currency now are we moving away from the big centralized finance schol sensors that have been really characteristic of the last century or 2 centuries be you mention about it being independent you know all these movements they just talked about whos the leader of any of them. None do all independent movements and thats to say going to start seeing globalisation is breaking down and its all going to become independent like you just say there isnt going to be the centralized this is the bank this is the system again put the global nama connection together all of these riots and all of these protests going on without a leader the independents and thats what were going to see more thats what people want they want their independence and you know i think you really nailed it with the Banking System it was kind of where is that the soviet union collapsed and but its aim to be picked up by America American ok my very soviet in the last 10 or 15 years with an Interest Rate policies that dictated by the polish bureau i mean it relating price to 0 or negative Interest Rates or price fixing jamie diamond caught racketeering by manipulating the price of gold and they were they hate the free market they hate price discovery they hate capitalism they you know you have now the leader of the free world in america acting like khrushchev i mean while in russia putin is more like i somehow or hes out there building roads building bridges and building in the economy they learned their lesson russia the. I dont want to go back to the soviet union why did america have a base that the side that you know what the soviet union was actually the model for us thats what the way were going or what happened what it why why are they doing this i think it or well predicted it he said that the liberals have become the next fascists and thats why you have the fascist government is the merger state and corporate powers and you mention about jamie diamond manipulating gold prices they dont want gold prices to go up because it shows. The valueless this of what they have you can talk about trends you talk about or while its all about us huxley they did brave new world and these are 2 dystopian novels from the previous century theyre considered classics orwell had kind of a soviet like centralization hawksley hadnt. Had a centralization based on a solution nation like you see with social media that was the usama was the drug that everyone took to become. Perpetually in by and in hallucinating. It seems like we have a combination of both we have both the soma of social media with the dictatorship of the liberal fascists is that a fair characterization i think is perfect and look look at how they brag about how Artificial Intelligence and all of this is a whole internet world created by the geeks is going to lift a sawyer look how much lower weve gotten and how we havent gone up weve gone lower with it everybodys a dick i dont carry a cell phone you know i did research on this going back to 1994 when i worked for the Cellular TelecommunicationsIndustry Association and i knew about radio frequency radiation and all the dangers of the people who dictates to them and you seeing more and more People Living on soundbites theyre not looking at the Current Events will in future trends theyre getting a little little sound bite so the mentality is going down so to the lifestyles and the cultures oh the new report that just came out in the United States how heart attacks are rising so we dramatically i wonder why because could be because the old. B. C. D. Rates in the overweight and all that junk food that people are reading so look at how weve gone down since the internets gone up oh and they keep bragging about Artificial Intelligence great maybe as good as a lot of fish will flavor. You how about the passion of the soul how about the spirit of the heart no no no we dont have any of that and will prove it because nothings changed from steve jobs to suck a bird the only thing this chase they t. Shirts went from black to blue yeah they Artificial Intelligence and algorithms that drive the social media platforms are in their words nudging us to click on that ad to click on that like a to be part of the crowd and to view those advertisements and this is in china taken to an extreme where they are on their 5 year end conferences where they planned out they are giving more and more to Artificial Intelligence name tire economies being artificially intelligent lay planned and everyone gets a social score if you spit on the street you cant get a loan if he is you insult the president you are cant get a passport council is that going to go global in 2020 and we all are going to be basically subjected to this type of social scoring on a day minute by minute basis its going to increase far beyond could ever imagine and its going to get worse because were forecasting a global revolution as were already seeing all these protests that i mention going on around the world so in order to bring down these protests in order to control them theyre going to put more and more pressure on us to own every piece of our mind body and spirit and watch everything that were doing and control us in every way its going to be a real war against the people against the militarized governments that are going to become more and more militarized and high tech to control the people so finally lost on us president ial politics what are your thoughts on 20 twentieths. Well as a. It stands now if the election were held we believe that donald trump will win again and the trends journal again was the 1st magazine to reach coma winner in may of 2016 its all about the swing states and if you have if you have a loser with warren or Bernie Sanders where even a biden theyre not going to take the swing states again only if the if the economy doesnt crash because there are wild cards out there and anything could happen and is no one held a cog in the trump card but as it stands now we would say trump 2020 all right thanks so much for being on the nearest segment of this guys reports out salon to have had you know he is. Off to a great start yeah if you want to drunk tweet us its kaiser report if you want to accidentally send us the private case to 1000000 bitcoin its a look at the address down underneath your screen until next time. On this edition of crossfire we answer questions sent to us by you the viewers we received quite a few questions here we do our best to answer some of them. In a world of big partisan mockers and conspiracies its time to wait to dig deeper to hit the stories that Mainstream Media refuses to tell more than ever we need to be smarter we need to stop slamming the door on the shouting past each other its time for Critical Thinking its time to plight for the middle for the truth the time is now for watching closely watching the hawks. It is because they make. Me look. At. Me and you know that im. Going to need to. Lose a boom box broadcasting around the world and covering all aspects of our Global Economy in the 21st century ive been sworn and im christiane washington we have a special shout focusing on cryptocurrency heres what we had such as political turmoil rocked government and creates currency crisis our citizens trying to cut down while dig into the details plus while in singapore we have a chance to catch up with legendary investor and culture