This is what youre seeing with this and the under arrest is largely to do with also that the city strap the fact that china is now the rising power that the power available to the american elite is the center grating fund strat says new stock market investment theme is quote violence in america so this was reported on dow jones market watch and this is what they say the past 12 months in the u. S. Has been particularly to mulch us framed by the couvade 1000 pandemic and marked by a number of episodes of civil unrest on the grounds of inequality and politics and that turmoil is something investors should bank on for the longer term according to at least one strategist thomas lee founder of fund strat Global Invest advisors says that Violent Crimes and the u. S. Have been on the rise and does not envision that abating soon as the u. S. Is locked in the throes of the worst pandemic in generations and a change of leadership and the oval office that has been less than smooth so he talks about all the protests across america the summer we saw just cities being burned down and now we see. They capitol hill riots so this he said is going to continue right how do you make money off it thats the question thats what hes asking this is a theme that osamas fascinated me how markets can attract investors who are investing in destruction of their own country or their own communities its like similar to the Business Model of the mafia you know when they burn down a restaurant right and they collect down the insurance extent or but i thought of just a few examples of this that weve covered over the years now ok that is similar leading up to this for example the private prison industry yes is an industry that is tracks capital and then they make deals with the municipalities to keep 98 percent occupancy and they go around and they arrest a lot of black people without any reason except to fill the prison how about negative Interest Rates that in itself is an investment that youre investing in the destruction of your bond market of your Capital Markets and yet its attracted trillions and trillions of dollars how about the oxycontin manufacturers we talk about them theyve what killed 70000 Americans Last year so people invest in those companies and theyre investing in the destruction and then going back a few years of course we talked about monsanto and their terminator seeds i was destroying the entire global agricultural market but you were doing so to make some quick profit so this theme of investing in chaos and and kind of meltdown of the country its been with us for a while this could be the final the final come up and its also pointing out that you cant fight the trend if the trend is this and the trend is for more violence and the trend is towards like late 800. 00 certainly 1900 some merica anarchist blowing up buildings and and chaos its just the fact you can say ok i just got to go with it leave all your cash in the u. S. In u. S. Dollars in the bank and hope it doesnt go disappear or you can say well how do i protect my wealth how do i make sure that i you know me and my family so. By this and come out the other side so these are just the facts this is what happens the oxycontin thing youre talking about those are deaths of despair the death of the despair were inevitable due to the institutions failing and thats important in the next statement he makes the events of the past week in washington in my view are symptomatic of a greater challenge facing america that americans are taking action into their own hands outside of legal avenues possibly because of the loss of faith and institutions only wrote referring to the riot by supporters of president at the capitol which resulted in at least 5 deaths so this is something again that kaiser report has been warning you about and if we say theres a loss of faith in the institutions well you can either just say ok so what or you have to do something to protect yourself weve been saying about bitcoin between is a sign of the loss of faith in the institutions of the fi out world and these this is just the inevitability this is what this was written in the cards once these cycles were set in motion once we set in 2000 under joe biden was a big champion of it once we sent our manufacturing jobs to china it was written in stone what would happen in the future ok maybe its the water of politics could have altered the outcome of what was written in that stone they could have done something to avoid say all the Overdose Deaths they could have done something differently once we got rid of all our manufacturing but. The fact is like these are just the cycles and how to prepare yourself right and heres why the problem is intractable and that is to be that institutions dominated public life and dominated Civil Society and then starting around the eightys and deregulation and the Reagan Thatcher era financialization took over and so institutions became the servant of the markets and everything had a price everything was traded on the Stock Exchange everything became financial ised and our institutions shrunk and value and dominance down to almost nothing and so at the moment what were hearing is that the investor class has no responsibility in kind of a wacko Milton Friedman esque way to anything but their own self aggrandizement and they have no responsibility to society whatsoever its a complete breakdown of the social contract and were now into a chaotic period Paul Tudor Jones looked at this and he said you know what big coin is actually a bet on humanity and whereas buying into these plays that flame to the societal breakdown as wall streets recommending now of course why wouldnt they then you need to decide on your own volition do i want to be a part of the problem and invest in the destruction of america or do i want to buy bit coin and invest in humanity and hope that the idea of america survives this meltdown yeah and i think its important that its more globalized like people and our Telegram Group they come from all corners of the earth i feel like a big quinary dont feel like americans like if this system has to collapse and then it has to collapse because thats whats thats the motions that outcome the fate is is written in stone as i said its outcome was determined once you decided certain things once you introduce the commodity futures modernization act and legalized basically theft right predatory gambling using the assets of the nation one to introduce china into the on on on this on the favored nation status that was introduced on. And once you got rid of classical like certain things were it just inevitable they were going to happen this was going to happen once we had cable news and these cable news coalesced around targeted ads that you know you know as a former banker hate selfhelp hate is a great way to sell its way better than convincing somebody to love themselves and care about the future like to tell somebody like battle ready and. Protesters dressed head to toe in black and armed with shields march on manhattan to demand trump and pence leave white house now so it looks like a organized military there in full more military it looks like the a north Korean Military or you know any military around the world people are stoking the seas theres financial incentives and stoking both sides of this and its inevitable which with the failure as thomas lee a fun tract said that their loss of faith and institutions and were getting a History Lesson like this is explains what happened during the dark ages of europe this explains how people coalesced around one lord to go fight some other lord like how did that happen why do you go travelling across the world to go die somewhere like with the point but this is this is the same thing that happens over and over throughout Human Society i see this as the bookend to shock and awe if you remember shadow of the iraq invasion parwan under Norman Schwarzkopf and the way the cable news cheered on and then the us you know kill half a 1000000 iraqis that was under bush one bush one for fun they did it 1st for fun and the 3 cities trap refer specifically to the u. S. And of course the u. S. Giving way to china and its still the World Reserve currency though so the u. S. Incredibly even in this late stage of the game still has some importance in the world oh its rapidly falling and well see this forest turning mason city strat meets because im is going to create quite a fascinating 2021 its actually better having lived in europe for a long time they use. The powerful empires they used to have powerful imperial powers and armies around the world they live way better the individual citizens than an american citizen by my own observation so you know power you know people are trained to like want power for their lords like lord matter how much have power and i love that like even though you are sitting in some sort of squat with barely any food and no heating on like you feel like if thats your only source of empowerment and actually can get better in some ways but i want to also mention in the last few minutes here that we have this day globalization thing happening in response to this because the world like if youre inside this fishbowl of the hate these 2 sides of hate coalescing into it like you know the spiral of hate that is getting worse and worse from outside this is what it looks like when you know a quarter nation of Silicon Valley and obviously Silicon Valley theyre all the c. E. O. s are democrats and theyre choosing sides so we saw them d. Platform President Trump like over a week ago and heres 2 twitter responses one from bronco milan avik who is a you know hes an academic and writes about wealth inequality has been done that for decades and hes really good at that and then bruno matias whos a former portuguese politician so bruno says time to start a debate in europe on whether we want to stay tightly connected to a u. S. Internet where repression of speech will keep growing because as these battle lines get harder and harder and more and more like we got rid of the hardliners now we need to go to those who are kind of sympathetic to the republicans are sympathetic to trump or the 75000000. 00 who voted for trump so do you want to be on that internet connected to that sort of system where you know Amazon Google you all of them work in coordination to target people and then bronco milan of it in response to trump being the platform said it is beyond bizarre does twitter have the right to decide should twitter ban hong kong protesters. Or bella reese demonstrations where she lays down the final result will be the balkanization of platforms so i think thats one trend if you want to look at a trend to invest in our short arc or look for other alternatives to the internet as we know it like that could be something you see the growth of as we have a balkanization of it right in europe looks at this aghast and which is ironic because a lot of the people that are defending it are citing european history as a reason for it but then the germans in particular dont agree with arnold all right were going to take a break and when we come back much more coming your way. In a war in syria has lasted longer than world war 2. Who has been suffering the most almost and back in long conflict regular syrian people. Need is more than when you my friend hears you and. I could see everything with my own eyes and hear the stories of its residents one group in particular russian wives of syrian man. Youre too stupid to look up to his nationalist worlds. I got this 8 millimeter film purely by accident. Time period 963 to 65 place damascus. Ive watched it many times a man posing the monuments and all poster of the hollywood premiere of town without pity and a fight in a mock so with bruises. I had my doubts if i should waste my time on this but i came back to that film over and over again tracing a sequence of events happening in syria at the time and most of those who worked there. Just like a petrol motion machine did live song without a lunch break and then suddenly i saw him stop lets take another look now at low speed this is key like owing a super spy who some consider a National Hero and others and evil villain an israeli double o. 7 plays. Because its bad some. At the one. Still. Play. Some rumors assume terms hes. Going to be named chris mihm the new movie. You. Remember he just cant stand for whatever they think they did you feel that oh. Antarctica is a very International Community i. Mean it used to try to flee. To the silk you guys who faced the slow slow slow release of new orleans east. President bush at the with mr newkirk of brazil so their Nuclear Cooperation in antarctica is everything produced polluted with it in front of t. V. With the above 30. 5 and with affected all day but i decided not to take the place. With my gave you that. Welcome back to the kaiser report imax keyser time now to turn to dave column he is a chemistry professor who for the past decade has been writing a legendary year in review at the end of its increasingly mad economic year dave great to see you again answer all the b. Review youve got its all right well lets get into this report so your 2020 year in review is called the year everything changed the year review covers many topics which are the 2 or 3 biggest economic changes you saw in 2020 lets focus on what is the biggest change you saw on 2020 dave we did a controlled demolition of the economy which i dont think its going to make its way back and in any sort of easily foreseeable future so i think we are undermining the wealth creating capabilities of the economy thats interesting because the economy looks like it has kind of crashed right at the small to Medium Sized Enterprises are getting wiped out and there doesnt seem to be a lot of talk about how that is the seed stock that fuels the economy growing forward it seems like people tend liberal a just kind of ignore them and let the majors like the amazons of the world take everything so yes youre calling this a controlled demolition so is it is it a controlled demolition or was it just kind of a. Unforseen consequence of really bad policies well a question is what was the motivation of the really bad policy or why i can at least entertain the possibility that they knew what they were doing because i cant theyre all that stupid. And so i you know i think it was sort of a controlled demolition i saw you know that night and several days 275000 restaurants died in december that those are 2 or 75000 restaurants were. Oya. Who are who who dont have alternatives right restaurants waiters things like that. They dont have all of her other jobs i guess thats where the bottom rung you go to start get started to put food on a table and something gone right in many of those across our Family Businesses so when you take out the restaurant youre really impacting the entire family so thats an enormous damage sociologically an economically now this file leads me to my next question here senator mcconnell his front door was recently vandalized with spray paint asking wheres my money so this is part and parcel the same thing if is a controlled demolition. And we are going into an arrow of money printing and some call it a monetary Money Monetary theory etc are these 2 connected are is this like a segue into this new reality where everyone is completely dependent on the state for their money and they have no jobs dave its a little surreal that modern monetary mary which has been banging around for 100 years basically said look you can either tax you were just print money and thats shows up another way. It blew into view written in 2019 or now all of a sudden its being used and 20 want to you know im going to lobby. The government mandated shutdowns sort of make it a must so no i dont im not a big fan of you know government writing checks instead of people doing doing doing jobs but when you forcibly shut them down you gotta do something so it kind of being a modern monetary theory you know a Necessary Evil which there were gets back to the what were the shutdowns about now if you use a phrase also here which is interesting or talk about and investable world so lets talk about a section of your hero here review called wealthy. Creation and you ask is it even possible anymore and i guess that segues into do we havent invested whole world any more i guess this is what hinting at is that if you like the death of capitalism what it sounds like dave is let my wrong im in a good comparison when trying to do what 2 dozen pages of. You look at whether theyre so i can base juggernauts of the present day i dont think they create a lot of wealth so our you can say that google has this phenomenal company you base great data when the i like that or not i dont care but but it really that makes the basic fancy advertising company. Gear really wanna compare twitter to us and want to share heres a good one sales morse vs fives your sales or worst person. Which im not exonerate young men experience that makes. And so were heading towards this world where the companies dont actually in my opinion great while they spoke to disagree morrow we would notice nothing precisely not them and so on. And so is there is Wealth Creation and seems now its well rag asian people are going fabulously wealthy owning shares but its kind of. Cast the slow and out yonder in a 60 brilliant little quick mass monice castle jumped in one day. The equivalent of 200000. 00 per car maybe in the last calendar year or more kind of crazy markets and theres nothing saying so now makes it not just the ball to me and elon musk of tesla said recently if you want stuff you got to make stuff so hes referring to the fact that hes making cars and i guess kind of differentiate himself from some of these other Silicon Valley companies that are just making software and are scaling by adding in more servers and the cost of doing that the bottom line is enhanced pretty dramatically. And the question i have for you professor is ive often thought about this question the Public Domain which is the common domain they come to the open free space seems to be have been completely impinged by big tech and that we no longer have a Public Domain we no longer have free space we no longer people dont go to the library anymore they dont go to necessarily they dont know what im saying here is that the common domain is a comment im a been obliterated ive been trying on twitter a lot since well since you know action and since the capital chaos. The 1000000. 00 question is can twitter someone because they are a you know theyre not a private concern theyre publicly owned but theyre not a government concern and you fire back would be can you exclude blackshear diner no race creed color his politics not created and sound very reasonable people under normal circumstances or make any argument that twitter blow out 70000 people because or want to play on one side. I can actually understand the blowing out i can kind of get my brain around the big blue eyed generals land a blue i dont rhyme pot got knocked off space rock pulse never sent me a laboratory like hes a sweetheart of a guy he needs never are. Angry you know riches younger big boom right now miss me is a combination of. First amendment bridge in a serious way and i really answer the 1st time i like to talk about the rise of the march arringtons im in the United States you know people are quick to malign the government but the government would give us things like the Telecommunications Network that were developed and maintained by the government upon which these applications rests so therefore there are the Public Domain and they are inherent to the constitution the argument of private enterprise is simply i cant open a hot dog store a shop in the middle of a highway the government built a highway i cannot build a hotdog stand in the middle of the highway right. Cuts and similarly i cannot build a Public Enterprise and interfere with the publics business so theres this man and a lot of people are talking about this that they for Us Government as the technocrats in the government a fused together in whats called the core proc or say that we reached that Tipping Point now where there is no real public Government Citizen government. By and for the people i think so and werent Scott Riordan you know theres no doubt the own danger and john d. Rockefeller is romping around that you know connections to government and big guys you know the nation and the Industrial Revolution certainly have whether its. I guess abrogation of free speech which is now in great risk and if you plan attention to whats going on in the current dialogue there isnt a sense of its fun for people who have the wrong political views and you saw on article that i have the. College Admissions Group that handle all content mission just sent out an email talking about what happened at the capitol. And there was no room for discussion it was all stated as fact and im im im asking why are we sending to every College Bound kid me im sorry this what it would is somewhere between a contestable argument and not and propaganda so now our media is latticed down for a fight in iran or medias at this point we depend on you sounds like you and stacy readahead other bloggers we depend on scattering ourselves the media itself the so horrible bit that i would say get rid of it except for a fact ask boehner im direction right i dont know what to do im a little lost its a great point to dig deeper into but i kind of want to switch gears here for a 2nd because youre calling a top in the bond market this has been a widow maker for years and years and years everyone has called the top of the bond market as gonna see the bond the straight a lot higher why what has brought you to this conclusion dave are you the next generation of those who are going to lose money on this bet or whats going on dave tell us why is the bond market over extended im not going to lose money because im not betting against it i am staying up way out of the splash now and saddam are not to short any such hassle its a ponzi scheme to me i dont short thats why no one in their right mind would do that at this point that the bond market may not be near a top when he got a negative tempered cent Interest Rate so of course the bond market go anywhere wants where the bond market currently exists is that you cant own bonds and make any money yet theres no way you dont profit from bonds unless youre indexed restraint and were not traders most of us are not just sixpack boomers Retirement Funds not dollars are qualified traders david toppers upright sound the bond market is no longer worth anything as a as a revenue stream so interest patently a ponzi scheme absolutely the end. Making money on it it comes from the new money being injected into it from the central bank to the point right there actually negative yielding bonds at this point and this is a one of the biggest ponzi schemes ever in the history its i know Interest Rates in america are trading at a 240 year low Interest Rates in the United Kingdom are trading at a 300 year low thats how much of a bond. Bubble were talking here now you recently said on chris martin since podcast that the problem for governments is that they cant tax deflation. They can tax inflation elaborate this is a concept i came up with last year i was talking about the evils the perceived evils of the reason the question is. Is small people want to in a currently inherently inflationary Banking System write that if you pay interest on debt youre going to be increasing the money by now if you havent the flash mary about it means something screwed up royally and that something is im down right by the central bank when were going to take the place in Central Banks when something bad so they dont like that the 2nd thing is that if we for example get no appreciation of our assets but things get 5 percent cheaper each year. For assets of 5 percent real you know for governments that taps you theres no taps of all of that and in fact if theres a really fly fish and then your assets are down you get to live in some. Future years so governments need inflation or nominal returns professor are going to have to carry over to a 2nd segment im learning a lot in your classroom a hope thats ok but for this segment thanks for being on kaiser report im glad to be here love to do a 2nd 2nd session lets do it all right and thats going to do it for this edition of cossar apart with may max guys are safe there and want to thank our guest dave calm until next time by a. Little bit to. The headlines and i see a high profile u. S. Democratic party will make it cool to reign in the media over to simply nation hating investigative journalist Glenn Greenwald both talks to us about the possible consequences of the free space. There on their knees pleading. Billionaires and all that barks and novelist and sort of fun valley just sounds sir in the way that they believe this would play out to be an egypt. The vast majority of americans across political lines believe that the country is quite warning of the us according to a new home and a shift in vaccine advice norways 13 die off receiving the pfizer job