Report straight ahead stay with us. This is the kaiser a party of all or that expression if you find yourself in a hole stop digging sounds logical right now for one particular industry. Well thing indeed in fact there are 2 industries and weve talked about them often thats the Tech Industry we have the tech bubble 2. 00 with we were left peloton all of those sort of companies and we have the fracking one and thats important for this 1st headline for wall street dot com because he looks at all these bubbles going on what he says is heres what im worried about with the everything bubble how cash burn machines power the real economy and what happens to the economy when investors refuse to have more of their cash burned so he calls it the cash burn machines these are investors willing to just keep throwing money into ever losing operations we work. Of course theyve been losing money for 10 years or less in the case of we work but they keep on throwing money and theyre willing because ther
Arsonists but they get to keep a nice a souvenir like a 1000000000. 00 mitt romney is a good example of somebody who made a business out of this and eventually you run out of the free money runs out in the case of venezuela for example this is a true fact they actually ran out of ink to print the money that they were burning. That was the end of that weve seen over the past 3040 years Interest Rates have been declining and declining and declining and declining so theyre always able to roll it over and sell it to another chump because theres always another chump at the end of a declining Interest Rate curve so however what weve seen since the financial crisis since 2003 is not only our Interest Rates the climbing but the fed keeps giving their friends the free money and hoping that its going to trickle down well never trickles down because theyve kept everything private they kept all of those unicorns as tech uniforms which are on paper they were. Worth billions and billions and billion
Example they government gives her a few trillion dollars she burns countries down but she gets a 1000000000. 00 in fees thats true of hedge funds as true of private equity funds they get trillions of dollars from the central bank they burn everything down their arsonists but they get to keep a nice a souvenir like a 1000000000. 00 mitt romney is a good example somebody who made a business out of this and eventually you run out of the free money runs out in the case of venezuela for example this is a true fact they actually ran out of ink to print the money that they were burning. That was the end of that weve seen over the past 3040 years Interest Rates have been declining and declining and declining and declining so theyre always able to roll it over and sell it to another chump because theres always another chump at the end of a declining Interest Rate curve so however what weve seen since the financial crisis since 2003 is not only our Interest Rates the. I inning but the fed keeps
Investors otherwise known as a ponzi scheme or a pyramid scheme this is essentially was driving the economy is burning cash yeah its a beautiful thing because it doesnt cost anything and you can get all the cash you want from the central bank for free they give it they give you trillions and trillions of dollars if youre a friend of theirs you get to burn a trillion and you keep a 1000000000 thats the deal so lets say Hillary Clintons Foreign Policy for example they government gives her a few trillion dollars she burns countries down but she gets a 1000000000. 00 in fees thats true of hedge funds as true of private equity funds they get trillions of dollars from the central bank they burn everything down their arsonists but they get to keep a nice a souvenir like a 1000000000 dollars mitt romney is a good example of somebody who made a business out of this and eventually though you run out of the free money runs out in the case of venezuela for example this is a true fact. They actuall
National security concerns. Are all welcome to you watching r. T. International with me to get. Our top story this hour but not the twist in the saga of deceased financier Geoffrey Epstein leaked video shows a. B. C. News presenter amy rowe back also claiming the network had explosive interviews on the convicted paedophiles predatory behavior well the 3 years ago but it chose not to run the contents it also implicated high profile figures including britains prince bill clinton heres a look at that for to chip tamed by Transparency Group project for us. It was unbelievable what we had cleared with everything. I tried for 3 years to get it on to no avail and now its all coming out and its like these new well of revelations i freaking have all of it i was so pissed right now every day i get more and more pissed because im just like. We it was all what we had it was on real other women back you know ok. Obscene served a 13 month sentence in 2008 for prostitution related charges involving a