A selection of programs the pending on where you are in the world. To see what is showing. How. This is the kaiser report day 17 of the big walk down and the chorus as the saying goes when the going gets tough the tough. As you can see here. Put together a delicious coke of it kiddo cheesecake in my insta pot and this is whats getting me through this horrible global lockdown and other good stuff like that stacey yes max we have been talking about of course the collapse of the markets and whether or not this can be like the Great Depression sort of error or in 1907 or 2008 because history often rhymes of course there are unique individuals and unique generations and unique societies encountering each wave of collapse all the way back to the south sea bubble so theyre never completely the same but the human nature and human instincts are often the same just like a virus is often generally the same they become very deadly and then usually they somehow are defeated i want to look at some o
Actual and of the dollar when the fed cut on sunday night just as it had by the way in march of 2008 during the financial crisis in the beginning when bear stearns collapsed here we saw emergency rate cuts of 100. 00 basis points down to 0 it took them down Interest Rates down to 0 percent essentially and the markets tumbled the dollar is something weve been talking about for many years and its the only store of value at the moment everything is collapsing against the dollar so how long will that last probably not a long time because. As weve seen during brain woods or through the plaza accord of the 1980 s. Theres going to have to be a global coordinated sit down to rearrange the global 4 x. Market we arrange the global currency grid and the dollar is not the thing were going to have to match against because that runaway value on the dollar is whats causing. This deflation and thats whats causing this global depression part 2 so theyre going to have to rejigger the global currency gri
Weve talked about the death of the dollar and the ultimate demise of the dollar and its not just targeting the United States its not just specific to them it is about the currency system because we have been and a unique experiment since 1971 where were on an all Dollar Standard and we pointed out that on march 8th sunday march 8th the petro dollar era ended it was sunday march 8th that was the end of the petro dollar when saudi arabia flooded the walls with oil and cut the price of a barrel well even by 10. 00 this past sunday the 15th of march i believe was the actual and of the dollar when the fed cut on sunday night just as it had by the way in march of 2008 during the financial crisis in the beginning when bear stearns collapse here we saw emergency rate cuts of 100 basis points down to 0 it took them down Interest Rates down to 0 percent essentially and. And the markets tumbled the dollar is something weve been talking about for many years and its the only store of value at the m
Actual and of the dollar when the fed cut on sunday night just as it had by the way in march of 2008 during the financial crisis in the beginning when bear stearns collapse here we saw emergency rate cuts of 100 basis points down to 0 it took them down Interest Rates down to 0 percent essentially and the markets tumbled the dollar is something weve been talking about for many years and its the only store of value at the moment everything is collapsing against the dollar so how long will that last probably not a long time because. As weve seen during brain woods or through the plaza accord of the 1980 s. Theres going to have to be a global coordinated sit down to rearrange the global 4 x. Market we arrange the global currency grid and the dollar is not the thing were going to have to match against because that runaway value on the dollar is whats causing this deflation and thats whats causing this global. Part 2 so theyre going to have to rejigger the global currency grid and as all wit
Of the 1980 s. Theres going to have to be a global coordinated sit down to rearrange the global 4 x. Market we arrange the global currency grit and the dollar is not the thing were going to have to match it against because that runaway value in the dollar is whats causing this deflation and thats whats causing this global depression part 2 so theyre going to have to rejigger the global currency grid and as all with they always come back to gold theyre going to do a whole recalibration of the global currency markets against the against gold so thats the only way out of this gold has sold off magnificent leads hugely so its bitcoin because down 45 percent by one day last week so there will be turmoil it doesnt move smoothly look at the lady 810000 945. 00 that was a what you could call a very tumultuous period but in terms of the dollar yes it is stronger right now it is going up in many. And sees this is something that weve been tracking for over a decade here and one thing people need