End of the day you know i dont see how we move a lot of system where these people get away with you know misrepresenting us why not step up and do it yourself. Max kaiser this is the kaiser report the pandemic it dition special times require special reporting of course because a report has been anticipating so much of whats going down around the world stop a big surprise for those of you whove been watching us for so many years is that right stacey max it is a continuation of the pandemic and the Pandemic Response in a pandemic situation we also have the oil wars going on allegedly some oil wars we have russia versus saudi arabia the price crash you know it kind of started with when the opec plus when they met you know saudi arabia essentially and russia and russia decided not to cut any production based on the decline in demand out of china and elsewhere but also right after that saudi arabia offered up to a 10. 00 discount per barrel just because i guess. Theyd been solomon got a lit
U. S. Dollar loses its status as the unit of account in World Reserve currency Something Else is coming it wont be u. S. Dollar it could be another countrys currency or another consortium of countries developing some other currency backed by somebody elses oil or gold etc just to make clear that in russia the breakeven point is about 15. 50 because there is an 8. 50 cent tax on every single barrel so you have a cost of production its about 7. 00 but they add in the cost of the tax just like in the United States about 50. 00 is the break even and that includes a tax of about just under 7. 00 obviously since we went on the u. S. Dollar standard and we were untethered from cold then we could control everything because we could print as much debt as we want and nobody really knows how much debt we have and thats why we have the repo market situation thats why we keep on having boom and bust thats why we have especially at the bus like radical bust because people are when sort of crisis hit
Max kaiser this is the kaiser report the pandemic it dition special times require special reporting of course because report has been anticipating so much of whats going down around the world stop a big surprise for those of you who have been watching us for so many years is that right stacy max it is a continuation of the pandemic and the Pandemic Response of the pandemic situation we also have the oil wars going on allegedly some oil wars we have russia versus saudi arabia the price crash you know kind of started with when the opec plus when they met you know saudi arabia essentially and russia and russia decided not to cut any production based on the decline in demand out of china and elsewhere but also right after that saudi arabia offered up to a 10. 00 discount per barrel just because i guess. Bin solomon got a little bit upset and threw a temper tantrum so thats what happened there but you know that seismic sell off a 30 percent and then followed by a like 101213 percent rise an
On the frontline of chinas coronavirus battle im in london with the top stories from europe including some of the most intense fighting in ukraine since the peak of the conflict means one soldier on the Peace Process race. And im far a smile after all the days sport including a reality check for the new Australian Open champion american 50 a candidate loses her 1st deputy to one match following her triumph in melbourne. But when talks resumes in geneva earlier to get a lasting cease fire in the bia the un envoy said he was feeling some mystic but 2200 kilometers away smoke has been rising above libyas capital further threatening the existing truce thats on most accounts is hanging by a thread diplomat scared sir james bays begins our coverage. The ports in the libyan capital tripoli under attack general have to us forces carried out the indiscriminate strikes about the same time that 5 of his representatives sat down at the u. N. In geneva for talks with 5 from the g. N. A. T. The inte
Declared winner of afghanistans president ial election 5 months after the vote took place. The u. N. Says the Syrian Government is hitting hospitals schools and camps for displaced people with air strikes in northwest syria as it keeps up its offensive to capture the last rebel stronghold close 2900000 civilians have fled conflict zones in and western aleppo since the beginning of december overwhelming aid agencies 80 percent of them are women and children forced into increasingly smaller safe areas the Un Human Rights Office says its recorded 299 civilian deaths since january the 1st around 93 percent of them caused by an Syrian Government and its allies in that time the un says 12 medical facilities and 19 schools have been directly hit or damaged by syrian and russian airstrikes with 2 hospitals hit on monday. The sheer quantity of attacks on these hospitals medical facilities schools. Would suggest to you cant all be accidental. And at a minimum even if they were accidental it show