In the economy grow to be in 2 years we china is most last thing growing economy and then you have the fossil growing to go on i mean its also quite a lot of Electrical Energy the build a lot of the bridges they build a lot of electrical stations you know make their stations and this is a reason why they have resources just to like ron the Mining Operations and in china because they have better composite see right now approximately like ports see maybe 50 percent of the Mining Equipment operating right now but during that time i think these distribution will be changed soon right now people just doesnt really trust for their government because the government doesnt have to be nations about the money the europe doesnt have a very good prices for and it doesnt get an out to boston city because the idea that. The coin is becoming the new gold its becoming gold 2. 0 still hardest money thats ever been weve ever been and ever seen in. Manatee it seems logical that eventually states governme
Manus a warm welcome. It is a whole new paradigm. She does not know what to do. She has someone else here. Nejra great to have you in london. How are you doing . Manus not too bad. A bit shocked by the cold. There is a cognitive dissonance and credit markets. It is stunning. He refers back to britain in the 1930s. There are red flags everywhere. We point to them even without the coronavirus. That just adds a new risk. The question is, what is the size of our arsenal. Whether it is effective and if there is more to come. You see a stronger yuan. It strengthens. The question is, we have had nine days of the repo rate dropping. That turns around. But the repercussions are whether you are the through the worst of it. Lets roll it over and have a look at that. You have copper better this morning. Im talking about a meaningful shock to copper demand. Although the cash market is closed for a u. S. Holiday, you are still looking at the futures here. There is a world of money out there to buy t
And then think only by b. Quietly using them from the seventys but the normally revolution if you feel about the beat going like bachmann for structure its the warmer all the operational expenses and this is the reason why instead of the c. P. U. The speech for g. P. U. Because the working more efficiently and consume less Electrical Energy and then they go to f. P. G. A. And right now all the new cities using a seems ok so theres a bit of an arms race in the technology of big client mining and in china of course you have huge players who not only designed chips but they also have a lot of Energy Available to them and they dominate with between 40 or 50 percent of all the mining depending on how you look at it is is that concentration of mining in china is that an accurate description and is that going to continue in the near future and is the new coronavirus does that threaten chinese mining in any way. 2. Is forced chest like the obstacles for china because see if you look equal in t
Rape. You can find out more about all of those headlines of our t. V. Dot com today with an r. T. A. Now for the kaiser report thats next. Im max keiser this is the kind of report stacey what are we doing here this doesnt look like mexico in fact we are in mexico so were trying Something Different were down in cancun on the beach were covering the stories of mexico and having a good time but were doing it. On our. Backs kaiser and lovely cant couldnt mexico on the beach with the palm trees swaying in the monkeys chattering special guest with us today alex petroff see i. Bit fury there rocking it out in the mining space thank you marks for my to. Finally tell us about theory its a company that was very early into big and we heard about it we talked about on cars report going all the way back maybe to 2011 or so but tell us a little bit about it to be for it was wrong to be in 2002 well initially it was like everything was just beginning from the whole big suv the people were so many dif
Your wealth. We live in a world where it is difficult to become rich if you werent born that way. And love it or hate it, i believe that the stock market is the best ladder we have in this country for social mobility. There are millions upon millions of people in the country but there arent that many jobs that pay you a salary fat enough to actually make you rich even if youre a total cheapskate and if you want to become wealthy in this country unless youre born with a silver spoon in your mouth that means planning your Financial Strategy for a lifetime even if you dont have a super high paying job, as long as you could save a chunk and invest widely, you could become if not fifthy rich, then at least financially independent. Meaning you dont need to worry about job security or where your next paycheck is coming from and retire easily without the need to rely on Social Security which might not be around when some of the younger viewers hit retirement age that is why tonight, tonight i