Transcripts For RT Keiser Report 20240712

History like garbage people look at you like a monster or someone bad or you chose to be there most of the time its not the case see how it is to be pull in the worlds richest country. Oh either a marriage dies or this is the kaiser report you know often we talked about the big reset its comin the big reset is coming stacy yes well of course weve said this was coming for quite a while but we imagine it in a different way than maybe Time Magazine might be. Imagining it and that is their cover and the reason i bring this up is because of course today is election day in the United States of america where choosing between 2 of the brightest best most vibrant of americans out of 340000000 is between trump and biden and you know the Mainstream Media seems to be betting on a biden win and theyre hedging that bets of maybe their ratings going down by hoping for a civil war to break out today and im counting on that not happening regardless of who wins weve seen a few trends happening in the weeks leading up to the selection we covered this we covered the new brand woods remember the i. M. F. Called for that about 2 weeks before the election then we saw the great reset this isnt the Time Magazine cover and thats in conjunction that they did this with the World Economic forum the most people and i want to recall so these are the themes were going to be looking at in these 12 minutes we have here on the celeb so excited this break into it this is another thing this is from january of 2011 yeah and we covered this report at the time the same ones who are saying we need a great reset back in 2011 they were saying we need 103 trillion dollars credit needed to support Global Growth so thats what they were saying back in 2011 so they were saying we need a great reset the same people what makes us think its going to happen now instead of just more talked. Talky talk talk the thing you see in there is i think what its still reeve involves that 103. 00 trillion dollars in credit so i think theyre going to combined with the same calls and the same exact week from the i. M. F. Or a new Bretton Woods i think theyre signaling that were going to have a new brand was an a great reset you hit delete on all their bad debts the quadrillions and hex the tilia ins of bad debt out there that gets disappeared and a new Bretton Woods comes in and theyre seeing this as perhaps like one of the c. B. D. Sees a Central Bank Digital currency issued perhaps by the i. M. F. Or the World Bank Global s. T. R. Maybe these are some of the ideas but i think this is what theyre seeing theyre hoping in the global institutions are hoping that this is just a moment for a great reset oh definitely it definitely will be because theyve run out of capacity to shoot it at any money now that they print goes directly into inflation and people are saying that when they go shopping they notice food prices are going up and thats why a lot of starvation in america so. I hope they reset or they could have get a lot of bad effects well of course into this election were seeing also the dramatic escalation of covert cases in europe in america so on top of this obviously the economy is not going to be able to have that sort of pretense of operating i think at the same time i know we talk in the 2nd half to kyle bass about china china is recovering china has generally had a v. Shaped recovery so they can continue to manufacture stuff for us but thats the interesting thing the great reset in a way will also expose that we dont actually have to work much in the west right we dont have to produce or create wealth because we could sit at home in a pandemic we call it lock down but the fact is we stay. Get paid the u. S. Economy is still growing and so you know this is these are the election day themes that happening in the middle of a i think a declining empire and the you know the the great reset theyre hoping for im right so this gray reset theyve been talking about for more than a decade the cove it crisis is forcing their hand and so we can expect the this to really happen the new Bretton Woods a new recalibration of the words world currency grid really factoring into the Global Market of gold and gold reserves is what happens during these great resets and its a great big accounting its its like the bill has arrived for decades of sloppy accounting and prophecy and debt bingeing and corruption so now that the bill arrives at the big table of the reset and the global powers decide who pays what. According to what youre saying there looks like. The u. S. To pay the most because that economy is the worst in terms of how abusive its been in using the World Reserve currency the u. S. Dollar to expand its empire of. To the far reaches of the globe. The heads you know many of this now no longer works right and this great reset that theyre hoping for that theyre wishing for that theyre willing upon the world the new Bretton Woods in the great reset i think is also connected to that build back better you know the very mckinsey esque sort of brave new world ask sort of dystopian sayf i sort of phrase that used to exist in those horror scifi films that you would see when you were a child of like the voice coming on build better better were here for you this community is a utopia you know so these sort of phrases think about it where who conjures up these who comes up with these sort of ideas Mckinsey Mckinsey is also listed in this Time Magazine World Economic form story because part of the great reset they say will be a jobs reset why intentional learning is the most important skill to learn right now right well we might not actually have wealth producing jobs for you you might not have manufacturing because you know there is a sense that america wants to be great again that americans want to work again that they want to go into a factory they want to build things they want to produce stuff and not have everything coming from china instead but what were going to have instead is intentional learning and mckinsey calls this essentially although intentional learners are experiencing all the same daily moments anyone else might they get more at those opportunities because everything. Every experience conversation meeting and deliverable carries with it and opportunity to do valid and grow imagine being on the savannah you know a 1000 years ago and theres a tiger running towards you and its thinking how can i use this experience to educate myself in what might be a life saving proposition i know ill run like hell and that also maybe save me or maybe not other tigers almost of honor only lions us the question i think only lines tigers are in india theyre in another continent really as if you know instinctually i could not possibly delve into my conscious mind enough to figure out that to save myself i would want to maybe run that is in. Excess of bull to my non mckinsey mind only when i plug into the Mckinsey Network of consultancy and my able to tap my own mind to think that the approaching lion or tiger would eat me and that running could be a way to escape that eventuality or as they put it a deliverable deliverable in this instance would be me. And ronnie and i had to pick mckinsey 10000. 00 fee to help me understand that theres a connection between me surviving and not getting eaten by this rapid speed which i can move my legs in the opposite direction thank you mackenzie thank you so much as well thats a really good point ok because what mckinsey offers is basically a way that the population is so divorced from nature. Production of wealth wealth creation. Real food like we have an economy based on fabricated like goopy food right the fact that we you know theyre counting on that but you wont actually know the experience you will have the instinct to run when you hear i say the real me is that obvious to gaslight everybody so you know have any sense of who they are or what they do or what their instincts are and the mckinsey says when we know we have a solved problem for you we can help you understand what your true instincts are when you feel that pain in your stomach after not having a for a while thats called mckinsey hunger for 10000 dollars well show you how to buy a ham sandwich in fact i believe the United States is a government by and for the people that who is gaslighting you are those people who come up the great reset and the new Bretton Woods and these sort of mckinsey organizations that they gaslight you into forgetting that you are government by and for the people that you know this is the fundamental foundation of what they want you to forget they want to kinsey the ms miers ation. Mckenzie hypnotist ation yes to get people into a state of lifelessness and delusional selfdoubt and they only have the solutions for you this cost so i think this intentional learning is basically them abdicating removing the last tether of responsibility or communal spirits of the government is like when they ship your jobs to china when they did that what they said is that were going to retrain you were going to rescale you were going to everybody should get an education everybody should have the opportunity to go to university and what happened is well most millennial generation z. Have up to 100000. 00 in debt for going to university and now they for merged and theres no jobs there are no jobs for it was the difference between the word education and intentional learning did you go to school for an intentional learning experience or for an education. Mackenzie is trying to bamboozle you by saying that our program is not about education because after all there are schools that do that and you dont need mckenzie so were going to rebrand the word education as intentional learning and you have to pay us a consultancy fee for that in fact i think theyre going to eradicate we dont need to educate you we dont you we dont even need to reeducate you just go walk around the neighborhood were going to stay educate were going to send you some free money were going to send you your u. B. I. Were going to send you some m. M. T. And just go experience the world tim and dont ask questions so as to globalization to try to fix haitian did dollars ation and de education and dnd of this this year is that is 1st and then the 2nd f o p. Doing more. The u. S. Has a history of complicated and heated president ial. Is that the biggest political events of the last 4 years is happening the coronavirus. Rest of them to the level of civil partner by the george floyds. The radical groups on both sides of the political spectrum. Right there in the city ordinance. Say. These groups attract. Members who have taken to the streets may control tasks look like full scale. Here. Are sometimes are they are not afraid of violence or. If you want a war. Or go into groups and their leaders to find out how far theyre ready to go to fight for what they believe the stupid for this country. Welcome back to to kaiser report imax kaiser time now to go to kyle bass chief investment d officer at hayman capital carl welcome to the kaiser report great to be here max now this interview will air on election day sell us to some spit balling hair youre a well known china bear i think thats safe to say what do you make of i would call myself a china realist a china 5 ok what do you make of china policy 1 under trump in his 1st term what would you expect to see him if an elected over the next 4 years kyle i think what youve seen out of the Trump Administration is more of a whole of government approach to thinking about the threats the existential threats that china i think brings to the United States and what i mean by that max is there were words that we could be fighting with them one is of course the one we hope to never fire which many were where the u. S. Has a very strong word. You know the other 3 wars or the economic war where we dont have a War Department cyber war which were maybe top 2 or 3 in the world and the last one is the information slash data work where again we dont know what were so when you look at whats gone on in the Trump Administration and i think the president has pretty gather a team through his National Security council through f. B. I. Director read a through the n. S. C. With obrian. General are where and then you have commerce and energy theyve all come together to try to map out a longer term strategy i would i would give the administration a. Pretty high marks on organizing against china i think theyre just now starting to really get checks their stride and unfortunately we have another election you outlined for you know attack vectors are i guess or to. Column youre saying that were prepared maybe for one or 2 and not for the others can you just dive into that a little bit more because it covered a lot of ground with that and i think maybe flesh that out and when you look at it the worst that were fighting with china today were fighting 3 of those 4 wars right were clearly are fighting a narrative war with with the Chinese Propaganda Department as as evidenced by their their actions their official actions on twitter there are no official actions what are the u. S. The Chinese Government newspapers and journalists in the United States and online. So that wars being fought mostly by china were not we dont really have a Propaganda Department here or less just say a Narrative Department in the government that properly combats chinas aggressive narrative so the other the other war that we dont have who are Department Workers is the economic were what weve been doing is whether its treasury or whether its commerce whether its they were kind of fielding economic fly balls as they come in and its very difficult to play defense at all times which i think the United States has been doing i think we need a cohesive economic war strategy against aggressors like china and i think that whatever administration were going to now november 3rd that administration better be fielding are putting together an economic War Department to look at the malign intentions of the Chinese Communist party so if biden when do you 1st see. A shift or a change in approach to this kyl my only inside and sue and me answer that question is out what ive seen publicly so you know whether im looking at Jake Sullivans public speeches or people that will be Foreign Policy advisers the President Biden Kurt Campbell takes all of that and you others they are talking a a a game. Of a harder approach toward china now max im not sure that is largely because the publics. Lets just say disinterest in allowing china to continue. And coerce the United States were geo with us and in a in a in a way where theyre not when theyre not acting as a responsible global actor those you probably saw in the most recent pew report china is not polling very well amongst the voters in the United States and so i wonder if the rhetoric that were hearing out of the Foreign Policy adviser regroups that advised biden are playing to the polls or are they really talking tough because if you remember under obama and biden and you get im not trying to bring to fear anymore bush 43 did the same bang plant did the same thing. I just i feel like we prostrate ourselves hoping that the chinese would become responsible go whacked or would open their capital out and live live by the laws of the globe and unfortunately it went the wrong way maps and so i do think that what im hearing and what Jake Sullivan said in one of his speeches is the buy administration wont trade human rights for a trade deal now i hope thats true because were engaging with a evil regime thats committing amongst the worst crimes against humanity the planet seen in the last 100 years and we seem to just be turning a blind eye to it right now of course when china was admitted to the World Trade Organization i believe bidens comments at that time when it was presented to him that china would be in a position to become highly competitive with the u. S. And economically he kind of put a political thing and aside it was preposterous notion so we know we know that that take take me back a few years kyle because it wasnt that long ago when we spoke about the china u. S. Relationship as us korea some buyout of relations. Where we were sending all of the manufacturing over to china america was the consumer they were buying our treasury bills analysts all in perfect equilibrium and economists loved it so was that not true or was true or what triggered the change just seemed pretty recent that that whole narrative that same like a glorious symbiotic narrative fracture of what happened china made a lot of promises with her and she did in 2001 if you go if you want to do Something Interesting google secretary white highs or rational speech in 22. 72009 the 1st 10 years. Of chinas w t o ensurance in ascendancy and when you look through that report theres a lot of great facts given thats 10 years old now but what it shows us is over 4000000 jobs last in the 1st 4 years last the United States or a kind of hollowed out our industrial sector this idea or symbiosis or kind of a win win relationship or trying to was predicated on the fact that we believe that if we open ourselves to them and show them what a rule of law she simple Property Ownership and respect human rights look like if they further democratise we could make china again irresponsible go after artists there our i mean think about the difference between north korea and south korea south korea as g. D. P. Is many many many multiples of north koreas g. D. P. And lets just say their populations are similar and you see the 2 diametrically opposed economies and and one is very wealthy and very prosperous and is a responsible well actor and the other ones a despotic you know communist regime we are hoping china was going to choose the south korean way and not the north korean we unfortunately max they went the other way i think that our we have we have finally understood. Amongst across all of our difference the government should chinas maligning and what they do with the actual property that. Bribery of foreign corrupt practices around the world we understand the way they operate now and i think china is orderly and thats why we are we are well in national and asia that is in speak of there with south korea of course the u. S. Has a huge military presence same too and japan u. S. As a big military presence you know china what i what i find interesting is that china is competing on the global stage and they are obviously a the similar d in nature their economy in terms of it being export driven capital driven its not communism is a word is it is understood and they are things producing some pig hits like ticktock was is a huge hit in terms of its success and financial is going public as the largest i. P. O. In history nearly 300 times oversubscribed my question is this kyle. There beating eating our lunch competitively on finance services on new technology that that many tech unicorns now at what point do we in america say we need to actually a buckle up and start competing and Artificial Intelligence in need Financial Services you know us is way behind if you bend asia and europe you know that theyve been vast Financial Services greatly so i get the egg at that side this isnt their human rights abusers i mean theyre evil but at some point theyre just going to eat up the Global Economy and dominate and the us so my question is. Can the u. S. Catch up i mean we have to ask that question and its like a i and 5 j. The u. S. Is behind so do we. Launch a sputnik like Space Program and say we you know we just got to compete without it we need to buckle down so my question is is that a fair characterization is the u. S. Behind it and as it isnt do you find it ok to characterize this in purely competitive terms like the u. S. In one way to attack the us would be to outcompete china kyle i actually dont subscribe to this view that china is eating our lunch for the answer i think what youve got to do that whether its financial or ali baba are ya china or budweiser asia look theres a big theres a large economy in southeast asia. Some of these some of these i. P. O. s this is more money chasing fewer deals or larger deals. When you look at chinas economy max and to remember they have a closed capital account the world if you look at it look at this with data and you look at the Global Banking system less than 1. 7 percent of all cross border transactions settle in chinese currency r. And b. If you x. We would harm kong its 0 and so no one around the world trust china will accept chinas money why anthony answer is so vitally important to us National Security we think its the largest trojan horse. Spiral sheen ever built it is the answer mantles our writer ali baba in the intervals ok and thats nonsense and. What theyre doing is theyre building a payment rail across all the bill and road countries where china wins money today represent 62 percent of the global population so what they start doing is worsening the world to adopt their pieman rails like by gallup means that. That subverts u. S. Dollar has monitored position around the world that requires dollars to come in to china to buy the weeds we pay now we pay units of r. And b. But it doesnt require china. To open its capital account so imagine if you are the worlds supposedly you have the worlds 2nd largest economy because we give them a credit we convert their entire army based economy to dollars at the current spot rate either their capital counts so you say max. What you have to realize is we hold all the cards today we as a country all we have to do is women chinese access to dollars because they are not acting responsibly. We can bring one crop practices that cases we can use our own rule of law our own legal system to work against Chinese Business practices i mean the only way the Chinese Companies infiltrate Africa South America Central America and what weve seen and because he does have a look at g t 20 countries around the world have brought bribery cases against. Fact and. Has achieved bribery officer they have a c b o all we have to do are start exercising our our laws and forcing them to become more sponsible global actor so my view that i do is if you if they were to open their capital account they would be the 2nd largest economy when when the us is this west system Global Payments to censor and to apply sanctions as and in iran and other countries do you think thats a good idea or should it be more open and try to foster more because otherwise youre opening competition up to these competing systems common my view is swift and the western alliance of western democracies. Using to impose economic sanctions i think its our sharpest tool its our number one weapon in the economic work right. Bring icons report. And thats going to do it for this edition of concert for with me max keiser and states like to thank our guests best over their payment capital if you want to reach just place to the next time by all. Sputnik 5 house of the world. Just like its namesake the original sport. The forced craft of a to leave. Orbit the worlds sun while many questions remain unanswered about russias new vaccine the authorities are confident enough to go forward with mass production. Has exposed. Whats going on in the fluid states please we made you specifically say well you know because i was for. Real radio received. Interest in preliminary requests. Billions those of us from forsee. All right this is happening. Will go on the reaction has been exactly the same as it was waved by. Journalists not just not the world reaction is made of green cheese. But with people who can do much good. To. The us election is in full swing nonbusiness is a brain think tensional chaos with the. Back to wood to now folk count on civil unrest. Gun sales to record numbers in the u. S. Since preying on shop owners expecting fathers off the elections and as the familiar claims of foreign meddling hanging over the troubled by it and clash we hit the streets of moscow to find out who russians all rooting for. The famous both doors because i can see trump was here too but i dont see. Why. The