Short Attention Span jumping from idea to idea multitasking and multiprocessor is hundreds of browsers open yes im talking about myself and you know your Attention Span only has a few moment your consciousness of any single me more idea is very limited for a few moments sometimes 3 seconds so this is subject to that so day fortnight i was huge on social media for a few weeks and now hes gone hes over because they mean as. Well he he was like the day of kramer for the jim beam or the jim cramer you know with those green or and you know i mean i mean this is jim cramer had a plastic camera as well during his in told us you know that jon stewart who was big on cable to he was a comedian who was on t. V. For a while he ripped james cramer apart in an interview and expose. Because he admits he likes to manipulate prices james kramer and he has a tape of him saying this and jon stewart replated for him and he felt quite embarrassed but so this is just a repeat of that scene and so who will b
A murmur ation like starlings in the sky they congregate and then they disperse and people congregate around this room aeration of a stock called tesla and now theyre dispersing and theres no fundamental value to come but be that would suggest its worth more than you know 80 percent below its current price or market cap and to show you how easy it is to create a new meaning to take the place of the tesla mame nickel nicola. They just did a deal ford and their stock went up by 50 percent based on their mean of electric cars so. You know i mean i dont know what to tell you. This was predictable if all value derives from human consciousness and human consciousness is now so you know attention Deficit Disorder sort of television shortage 10. Span jumping from idea to idea multitasking and multiprocessor is hundreds of browsers open yes im talking about myself and you know your Attention Span only has a few moment your consciousness of any single me more idea is very limited for a few momen
The w. H. O. Tells all t. V. The fog the spikes are inevitable. Well. Thats all from me for today kevin i would well be here at the top of the hour with the very latest in Global Politics so join him on next turn on t. V. The kaiser report enjoy. Hi there this is the kaiser report im max kaiser lots going on social media investing types stacey oh yeah of course. Thats a fortnight king of the day traders on social media and he is asking hey even mosque do something of course this harkens back to the 2008 financial crisis 20082009 when jim cramer on the media of that day which was the Financial News cable news freight that was the big place he went for Financial News and he was demanding that the fed do something to bail out because all his friends have bear stearns were losing all their money losing all their wealth losing their jobs they have to do something this is no time to be an academic get a bell out well here day fortnight went long very very long on tesla down 30 percent and ju
Joined me every thursday on the alex simon show and ill be speaking to guest of the world of politics sports business im show business ill see you then. Welcome back to kaiser report Summer Solutions series on the x. Prize with stacey harbor and today were going to be talking about the many selves of money self sovereignty self custody and Self Reliance joining us very quickly will be jamison of cheese dot com stacy yes and i just you want to say of course that max and i did invest in casa because we use the service on that some amazing really so jamison i want to look at a piece from Forbes Magazine that somebody was tweeting about their article said that 15 percent of American Adults now own some form of cryptocurrency more than half of those invested for the 1st time in the 1st half of 2020 on average they invested about 67500000000. 00 in crypto currency roughly 4000. 00 per person so locked down stimulus money has been good for a lot of people theyre pouring their money into robin
Many people are buying crypto currency if theyre buying bitcoin which they should be instead of crypto what do they do now like. You know theres no bailout theres no 2nd stimulus theres no sort of moral hazard available in the big quiet space so what do they do once they get that big client said they take it off an exchange ship they put it on hardball which they do buying is only the 1st step generally when youre buying in this space youre not actually buying bitcoin youre buying the promise of a bit coin or a big coin iou it is really similar to the Banking System and that you know you might have a website that says you own a certain amount of money a certain amount of that coin a certain amount of whatever but when it comes down to it at the end of the day theres Counter Party risk and as long as someone else is actually holding on to that asset then it can be taken from you or any number of things can go wrong you might not be able to actually access it when you need it so the 1st