Kaiser this is the kaiser report the u. S. And china are edging closer toward greater and greater rivalry of the 21st century as they say yes indeed we have a 1st headline about china and i want to say present the context of this globally whats happening President Trump is parading the fed once again saying we need negative Interest Rates because we are of course in a monetary war and a trade war with around the world hes pointing to europe having negative rates and that we cant compete with europe if we dont have negative rates against china of course hes always saying china manipulates their currency and they we have an free fair trade with them and here is a headline about that from china looking at the United States china u. S. Rivalry on brink of becoming a quote financial war former minister says the growing rivalry between china and the United States is at risk of becoming a financial war a former chinese finance minister said on saturday luigi way chairman of the Foreign Affair
Know that which is quite interesting that that was a remarkable thing about the russian a hoax is that there was that imaginary ghost and enemy out there called russia during the russia gate hoax meanwhile if you look at huawei and other 5 g. Technologies coming out of china and other technology in china chinas actually leapfrogging ahead of the u. S. Economically and now is visibly the currency war so now that whole period of focusing on russia would be is just a waste of time it should have been focusing on the actual rivals americas predominance in the u. S. And that would be china part of this again and the u. S. Dollar as a weapon the financial war the desire for negative Interest Rates he said that china should look to cooperate with other countries to build one or 2 independent International Clearance systems to prevent the u. S. Using its long arm jurisdiction right the. World reserve currency and using as swift which gives the u. S. The ability to censor any transactions they
A donald trump would like to do with it to go back to the 1960 s. And 1970 s. When america was great and disco was was was on the turntable of course america runs our empire as an empire of debt and all of that debt is backed by derivatives which are tied to algorithms which price based on time so without time if we have negative Interest Rates all of that pile debt anyway collapses because theres no way to price all of the derivatives that back our empire so you cant have a price for anything in the Financial Markets if there is no positive Interest Rate upon which to construct a dividend discount model or some other typical way of valuing assets and therefore the only way to keep this ponzi scheme going is to keep flooding the market with ever more trillions of dollars worth of big fee out money and more. Derivatives of the ponzi scheme will increase americas debt will go from 23 trillion to 50 to 60 trillion i have no doubt about that by the way we are and brooklyn where in a wareho
Whats happening President Trump is parading the fed once again saying we need negative Interest Rates because we are of course in a monetary war and a trade war with around the world hes pointing to europe having negative rates and that we cant compete with europe if we dont have negative rates against china of course hes always saying china manipulates their currency and they we have an free fair trade with them and here is a headline about that from china looking at the United States china u. S. Rivalry on brink of becoming a quote financial war former minister says the growing rivalry between china and the United States is at risk of becoming a financial war a former chinese finance minister said on saturday way chairman of the Foreign Affairs committee of the chinas people political consult of conference e p p c c National Committee he said quote the next step in the frictions between china and United States is a financial war it is characterized by the use of long arm jurisdiction
Excuses the block specific enterprises such as the bans on z t e and huawei of finance or the women talked about for a while finally the mainstream is kind of getting it to the side trying to figure out what exactly does it may and this pressure to go to negative Interest Rates is a stall just on steroids other words trump is saying we want to go back to the 20th century and the way to get there when america was pretty dominant and we want to get there by going backwards in time and the only way can do that is if you were to revalue the worth of time and take it from having a positive linear Going Forward positive Interest Rate having a negative Interest Rate remember europe is stuck in the past its a museum nothing ever happens there and thats what a donald trump would like to do would like to go back to the 1960 s. And 1970 s. When america was great and disco was was was on the turntable of course america. Runs their empire as an empire of debt and all of that debt is backed by deriv