I am max kaiser this is the kaiser report you know the economy is a man made structure try to scott engineers financial engineers economic engineers. Thinkers. Philosophers and mayfield over time what happens when the foundation of operates what happens when this structure collapses what happens when the simulation goes away lets find out from Stacy Herbert well max you know there was some art a few years ago when we used to be able to meet in person at that little art festival i think it was in miami we had some banana on the wall well you might say our Balance Sheet is looking like that banana meat republic budget deficit hits record 3 trillion dollars as us spends 100 percent more than it earns unfortunately due to helicopter money it is not unlikely that the exploding deficit will ever shrink again until the Monetary System is overhauled so year to date and that we have only one month left in fiscal 2020 the us a spent 6. 00 trillion and collected just 3. 00 asking why dont we do w
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
And who knows like the whole time when it 1st hit a trillion people were shocked and scared and then when it hit 10 trillion people like oh my god this cant last and then they hit 20 china not 25 trillion and you know you wonder how long it can go parabolic like can it get to 100 trillion can it get to a quadrillion and the world continue as it is but if feels like you know if youre comparing it to the game of monopoly that somebody is cheating and somebody is getting free goods and services and rental income and things like that right the dice are loaded and when the bankers roll the dice they somehow always pascoe collect free money and get another property when everyone else rolls the dice somehow they end up prison and so thats the way this game is played and thats why the wealth and income gap. Exploded polarization and the social unrest in america hasnt been this bad i think its worse than the vietnam war its you got to go back to the civil war to find social unrest as bad in ame
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