Is international. Hi there im max kaiser this is the kaiser report you know the stock market as a subset of the economy has undergone a transformation and become the plaything for speculators fueled by incredibly egregious money printing by a rogue central bank and this is causing all manner of dislocations mal investment in societal changes for more lets turn to Stacy Herbert hey well you know what something that you predicted would happen is happening and its coming true billionaires lining up to take their companies private so what will robin her dish trade when everything has been l b. Right so as weve been saying on the show for a number of years all this money printing in the strategy of Companies Taking themselves private or buying back their own shares with the 0 percent Interest Rate would end up with a economy and a stock market that doesnt exist anymore because its all been taken private remember during the 1980 s. Michael milken introduced the revelation in the revolution i
A number of years all this money printing in the strategy of Companies Taking themselves private or buying back their own shares with the 0 percent Interest Rate would end up with a economy and a stock market that doesnt exist anymore because its all been taken private remember during the 1980 s. Michael milken introduced the revelation in the revolution in leveraged buyouts the l. B. O. They borrowed money they acquired companies they sold off assets they kept a difference and they made many many billionaires the 1st huge wave of billionaires in America Thanks to Jackson Burnham mike milken in the leveraged buyout down 2020 weve got the end game every Single Company is a private equity firm Berkshire Hathaways a private equity firm all hedge funds are private equity firms all private equity firms or private equity firms are all borrowing money and 0 percent Interest Rate theyre all taking all the pieces off the board every house and house sell the monopoly board called americas being
Know ability or have you know they feel like cheated that they didnt get any bitcoin and then they jump into all points well here is like the similar happening in Public Markets nicola the company kind of based on tesla you know with these electric trucks is estimated to earn 30000. 00 in revenue for the 3rd quarter down from 36000 dollars and the 2nd quarter it has a market cap of 12600000000. 00 this is 2020 right well what people are trading now are me miss but ive said that before that subtle is mostly valued as a like to fail the fraud was a huge mayme that changed the outcome of the 2016 president ial election tesla is mostly valued as a mean its a concept elon musk is a cartoon character that is a brilliant marketer and a brilliant engineer but his company is not what 400000000000. 00 but as a mean. It is worth 400000000000. 00 and what nicola the car company realizes that they could out me me tesla as im am and they introduced their mean like company on to the exchange General
Themselves private or buying back their own shares with the 0 percent Interest Rate would end up with a economy and a stock market that doesnt exist anymore because its all been taken private remember during the 1980 s. Michael milken introduced the revelation in the revolution in leveraged buyouts the l. B. O. They borrowed money they acquired companies they sold off asses they kept a difference and they made many many billionaires the 1st huge wave of billionaires in America Thanks to Jackson Burnham mike milken in the leveraged buyout down 2020 weve got the end game every Single Company is a private equity firm Berkshire Hathaways a private equity firm all hedge funds are private equity firms all private equity firms or private equity firms are all borrowing money and 0 percent Interest Rate theyre all taking all the pieces off the board every house and hotel the monopoly board called america is being bought in taken private and not available to trade by the robin hood traders just
59 minutes left to trade, kayla. And that green screen is not something we have seen in a while. We have a big show ahead today on closing bell. A big deal for big steel well talk to the ceo from Cleveland Cliffs and his outlook on the economy later, sneaker startup all birds scoring 100 million in fresh funding. Valuing the company at 1. 7 billion the coceo will join us to tell us how his Company Plans to spend that cash and well have that later on in the show. Lets focus in on the big show were tracking to days rally. Theyre covering the latest tensions in the tech cold war with china start us off on the Broader Market and what youre seeing behind the scenes today. Yeah. Market making the case that last weeks lows and got some traction near the levels its not Something Else tachlt a look at the s p 500 year to date all the indices have a similar look with different mag any tudz we were talking about this level for a long time. This is where we hit the lows a few times last week aroun