We dont want to be sure. Coming up on the program the kremlin. Is working with. Him in his 1st interview since coming. Home. Just after 10 pm in beirut in sofia here in moscow this thursday october the 2nd welcome to your 2 International Im new. Lets begin in the south caucasus on the latest from the territorial feud between armenia and there is already been 5 days of intense fighting with both nations rejecting calls for a cease fire these are the latest pictures on their meaning inside filmed by video agency ruptly as you can see rocket launchers and other head. Weaponry are lined up along the frontier in a well local reporters are being caught in the crossfire cameraman from an armenian t. V. Channel was severely injured during a shelling these are pictures of his car 2 french journalists also injured while covering the conflict are being treated in hospital. Reports now on the impact on local communities. Nagornokarabakh is sandwiched between the 2. And as they are by john but as c
Affordable housing for a living minimum wage give many people no choice you know theres been a problem with the city knows turn every turn and call the state will always. Be different. Because you have the required resource the most vulnerable are abandoned on the streets to become the invisible clerks. Oh hi im max keiser this is the kaiser report well lets talk about tea and crumpets and scones and London Bridge and the crowd. Stacy well max we are going to get into some details about the queen and compare her and the whole royal system to wall street the 1st i want to say you know anybody could essentially now live with the view say of London Bridge or tower bridge or you know right along the thames or see the Buckingham Palace or live in Buckingham Palace because theres Virtual Reality now last episode we spoke to bryan rama only about that this episode were going to continue some of that conversation but one thing i want to say is we spent this past weekend in Virtual Reality at t
This morning i got a call from the cleaning and i am an ideal candidate here. Theres not much in there looks like a couple of drops im ready. Those are main stories here in our international you can read more of our. Report is straight ahead on. National and in the u. K. And ireland it is with us. So i said. Well max youve often talked about the me mcconnell me and the you know the economy getting ever lighter and lighter there are more and more intangibles and this is shown in this chart 84 percent of the s. And p. 500. 00 assets are now intention this is a chart of the corporate Balance Sheets are more knowledge driven s. And p. 500. 00 Company Assets in trillions of dollars and as you see the tangible part of companies they just increase slowly since 1075 when 17 percent of a companys assets were intangible back in 1075 and now its 84 Percent Companies used to make stuff and they had value terms of the factories and their employees and their trade deals etc but now we have a situati
Used to make stuff and they had value terms of the factories and their employees and their trade deals etc but now we have a situation that chart shows 84 percent of the value intangibles or the Knowledge Based on knowledge so take a look at tesla for example they must has knowledge about how to go on joe rogan and promote his means he has knowledge about creating means he has knowledge about branding he has knowledge about interesting engineering ideas but the actual book value of the company itself is nowhere near the hundreds of billions of dollars we see in the stock market thats true across the board for every Single Company really in the s. And p. 500. 00 they make their cash flow on the ability to game the system and to exert arbitrage spliffs on the data thats being rolled on the various cash tasks of different banks and like you have on lost so eloquently demonstrated on the joe rogan show so this is interesting use the Word Knowledge because you think about knowledge any thin
Some kind of foundation of wisdom but this is knowledge about how to use Artificial Intelligence and knowledge about how to use propaganda knowledge about how to use subliminal advertising that its evil its evil or they might as well just replace intangible with the word evil well i dont know about that but certainly it is an interesting time and we do see it you and i grew up in the 1970 so we saw what it was like to have a more tangible economy and that could be part of why so many people are having a meltdown while we are having problems domestically in the United States in terms of the economic disadvantage you know and the inequality growing so you know its not like an intangible thing as you mentioned tesla is worth 400000000000. 00 based on one guy you know i got his team of engineers its not all that other stuff is this one guy so you know you dont have to manufacture something to be worth tens of billions are one. Of billions of dollars right well how to get the valuation you