A bit but another country would have dropped by considerably more the net result is now the goal of the globe is their debt to g. D. P. For planet earth is approaching 350 percent well some say that the Us Dollars Bank backed by oil so it always has been backed by something hard. It was liquid oil the other thing that were seeing however is as Michael Hudson dr Michael Hudson an economist who used to work at chase manhattan and when he wrote his ph d. He told us that you know he he told his bank and he told his professors that actually unlike what you say banks dont actually lend to businesses they lend for mortgages so our entire economy our time Financial System everything is backed by mortgages so were going to get to that because this is. Remember when during the french revolution we had the currency backed by a property of the confiscated Catholic Church properties so what do we have there but hyperinflation as people demanded the prices keep on going up right well here we have de
Hi there im max kaiser this is the kaiser report. A lot of people talk about ponzi scams but do people really know what a ponzi scheme is stacy well of course weve been talking about ponzi schemes because he cant taper a ponzi and that was attempted over the past year with quantitative tightening in Interest Rates rising obviously that has all fallen apart especially in europe where we have 15 trillion and negative yielding debt and went up by over 600000000000 and one day just in the past week and now i want to look at a headline about the unthinkable becoming thinkable of course its always been think about here in keizer report we always think outside the box but here in the Mainstream Media theyre saying could treasury yields ever fall into negative territory and vespers are wondering whether u. S. Treasury yields might follow the trend witnessed in germany or other sovereign markets and eventually fall into negative territory the unthinkable is now thinkable of course this is the g
A vegetative state. Next hour kevin and takes you through the weeks top stories. On the cars are up for. Theyre going to do this is done on a. Summers solution here. Its summertime on cars the record everything is sunning. States actually you and i are going to be on vacation while everybody in the world is looking at the solutions that we offer to all the stories that we cover on kaiser report we talked to the likes of no reprints steve keen Michael Hudson we look for solutions to the problems of the world and in fact this 1st segment were introducing this notion of our Summer Solutions for 21000 is i want to say like i want to solution to the kaiser report the kaiser report exists only because of all of the Financial Economic and monetary skullduggery out there in the world and if that didnt exist then we wouldnt need kaiser report its like james grant there are Interest Rate observer said about the head of the Federal Reserve bank their 1st act if he was to take over would be to fir
Theyre going to do this is it done on a. Summers solution here. Its summertime on cars the record everything is sunning. States actually you and i are going to be on vacation while everybody in the world is looking at the solutions that we offer to all the stories that we cover on kaiser report we talked to the likes of no reprints steve kean Michael Hudson we look for solutions to the problems of the world and in fact this 1st segment were introducing this notion of our Summer Solutions for 2019 is i want to say like i want to solution to the kaiser report the kaiser report exists only because of all of the Financial Economic and monetary skullduggery out there in the world and if that didnt exist then we wouldnt need kaiser report its like james grant the Interest Rate observer said about the head of the Federal Reserve bank their 1st act if he was to take over would be to fire himself they dont need a Central Bank Central bank is an impediment to everything that we cherish in our li
For donald trump because he promised to make America Great again the platform that joe biden and to be fair he has not really spoken to anybody but billionaires and closed door sessions raising money but from what we can tell what his solution on offer. Is more of the same that has basically brought this country to where it is biden tells rich donors not to worry nothing would fundamentally change if he won you know it is that everybody in the u. K. That supports brags that their number one reason for braggs it is to return to the 1950 s. Because thats when things were great and we need to go back to the 1950 s. Joe biden is saying to the American Population that you know we need to go back to the 1950 s. Where men were men and women knew their place in the home and american corporations were the greatest and the minority populations of various ethnic group and races groups were not a problem you know and its such a reactionary claptrap for billionaire nonsense its hard to imagine hes