To polarize our concept oh the death toll from black to white makes sense of course not stacey max that is a square rectangle in fact and you know out while that debt pile is imploding. They fiddle ing while home burns you know its the new sort of way of saying that that was back in 6480 when nero fiddled while rome burned and of course what happened there was an eruption of conspiracy theories about rome burning that in which it was in fact nero that burned down the city and why did the people think that he burned down the city because they no longer trusted him and they no longer trusted the institutions are having a similar sort of thing where people all the citizens the the people who have to pay taxes for all the wars that emperors take us to well they dont know longer believe and are emperors and theres all sorts of conspiracy theories swirling around but one truth is something that kaiser report has been saying now for the past 10 years and used to be treated as a Conspiracy The
Delivery of 7 . Look how we are in terms of the major indexes. Asian markets, most in losses tracking to 3 drop on wall street overnight. Opened slightly earlier love earlier. Slightly lower earlier. We are watching petrochina down at this point in time. The hang seng, down about 1 . Kong announced an expansion of its restrictions aimed at curbing the spread of covid19. That would weigh on the economy even more. The sti, down more than 3 . This is a market that returned to bull territory recently and citi said investors are pricing in post recovery. Singapore reports higher cases, more than 1000 for the second day running. I want to dial back to the oil story because we see oil moving to the upside after two days of unprecedented action and a spectacular selloff. Opecplus ministers holding an unscheduled conference to discuss what has been going on. The closing statement signals there are no new measures planned at the moment. Lets bring in mliv asia editor. Oil is on the up. We had tw
Mortgaging the future of people who dont have any say in it were going to get to that but before that i want to talk about this quarantine situation because were in this global quarantine and somebody mentions a great interview quarantine max kaiser is best max kaiser and that is something true because of course corona means crown kaiser means king max means king your max kaiser the King King King King i am so toshibas representative here on earth i am the bishop of the taj ok well if thats what you believe but the thing is you know you can make wit it you know whatever you want of the situation it is a dire situation it is a global well and let me just jump in here 1st i can see that as we have in stark relief in a we have it slapping us in the face like that gift of the woman getting hit in the face with a trout during a storm that everything paltrow going to set up. Ted is false hes always saying its just that we know ourselves and we are going to ignore it well what happened paul k
Make wit it you know whatever you want of the situation it is a dire situation it is a global it let me just jump in here 1st so i can get as we have in stark relief and we have it slapping us in the face like that gift of the woman getting hit in the face with a trout during a storm that everything paul krugman has said about dead is false hes always saying its just we know ourselves and we are going to ignore it well what happened paul krugman is that suddenly the debt became a problem did in the few weeks ago and the globe goes into discounting and realizing all that future revenue and future that you decided it was not important and all those generations that you decided were not important suddenly everyones jobless and without food to eat in many places because of the economics espoused by charlatans like paul krugman ill say that and why this money particle why does that happen why. Does that keep on happening and why does every single time since 2002000 now 2202020 why is it tha
About mortgaging our future because this is something that you and i have been talking about here in keizer point for years of course all of this debt and all its feet out since 1071. 00 has not has come at some cost we feel like its been costless because money printer so they can keep on printing it we think like hey i can keep on buying stuff i could buy in u. S. You every year put it on lease i could buy a bigger mcmansion every year and its going to be better and better and better well its actually been mortgaging our future which is one thing if its mortgaging your own future but its been mortgaging those who have no choice youve been mortgaging the future of people who dont have any say in it were going to get to that but before that i want to talk about this quarantine situation because were in this global quarantine and somebody mentions a great interview quarantine max kaiser is best max kaiser and that is something true because of course corona means crown kaiser means king m