Actually the democratic party. No interest period. And a high profile u. S. Democratic Party Lawmaker calls for reigning in the media over distance from asia. Because of the headlines for this hour coming up on our t. V. Is the report stay with. Me. I think was karl marx or Something Like that one of the rope to hang. You now. But there is some poetic. Karmic wheel of justice at work here lets check in with Stacey Wright maxwell report has warned you basically for the last few years that the 4th turning will meet the 3 cities trap we will see the globalization and d. Dollars ation that has been happening nonstop over the past 4 or 5 years if we as weve been reporting on it the birds are chirping about this a lot they love this so you know we have the 4th turning and thats this generational shift that is happening in america is the rise of these young millennial and generation c. And the decline of the baby boomer generation disappearing but we have to globalization and the dollar is ation happening so those all collide in this headline and this is the under start with the 4th turning this is what youre seeing with this and the unarrest is largely to do with also that the city strapped 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 the aim 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. 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 was honest 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 in the trend is for more violence in 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 they used to be that institutions dominated public life and dominated Civil Society and then starting around the eightys and deregulation and the reagan 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 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 where is buying into these plays that flame to the societal breakdown as wall streets recommending now of course why wouldnt they then you need to just side 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 big 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 queen or i 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 once to introduce china into the 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 sells 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 at the end north korea military or you know any military around the world people are stoking this theres financial incentives and stoking both sides of this and its inevitable with with the failure as thomas lee a fun trip 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 here of 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 us and of course the us giving way to china and its still the World Reserve currency though so the us incredibly even in this late stage of the game still has some importance in the world although its rapidly falling and well see this forest turning mason city strat mates because i mean 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 that 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 to 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 weve got rid of the hardliners now we need to go to those who are kind of sympathetic to the republicans are sympathetic to chum 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. Arbeloa reese demonstrations are 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 shorts our or our 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 siding 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. From. Fables caution us to be careful what we wish for because it might just come true after 4 years of donald trump the democrats a triumphant lee retaking power in the United States is a cause for celebration or concern. Nuclear become a battleground in the us in vermont people love demanding the shutdown of a local plant from my yankee is right now my focus because its a very dangerous oh no claire power plant the owner is attempting to run the reactor beyond its operational limit this case just sort of puts a magnifying glass on wheres the power in this country where is it going is it moving more towards corporate interests who or is it more in the idea of a traditional participatory democracy is your power live with the people this case demonstrates that struggle in very real ways a struggle. 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 and since were all the b. Review youve got its all right well lets get into this report so youre 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 and said oh 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 of 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 know i think it was sort of a controlled demolition i saw overnight 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 a lot of there are other jobs i guess thats where the bottom rung you go to starting get started to slow down a table want something done 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 a monetary Money Monetary theory etc are these 2 connected are is this like a a segue into this new reality where everyone is completely dependent on the state for their money and they have no jobs theyve lost a little surreal that modern monetary scenario which has been banging around for 100 years which basically said look you can either tax you were just print money in the tax shows up another way. It blew into view written 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 im not 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 that 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 dislike the death of capitalism what it sounds like they have is let him i wrong im in a good comparison when trying to do what 2 dozen pages of. You look at whether the silicon based job or not so 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 with the i like that or not care but but it really that makes the basic fancy advertising company. Do you really want to compare twitter to us and want to share heres a government shell sportspersons 50 sales or worst person. Which im not exonerate yet makes no sense that makes. And so were heading towards this world where the companies dont actually its in my opinion great while they spoke to disagree morrow and we would notice nothing precisely not them and so on. And so is this Wealth Creation and seems now its well rag ation people going fabulously wealthy owning shares makes kind of my. Castle out to slow and out yonder in a 60 brilliant liquid mass monice castle jumped in one day. The equivalent of 200000. 00 per car maybe in the last calendar year or kind of crazy markets and theres nothing saying that makes it not a bust the ball to me and elon musk of tesla said recently if you want stuff youve 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 a main 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 me 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 and slammed burns like hes a sweetheart of a guy he needs never are. Angry you know riches younger big boom right now this to me as a combination of. First amendment breach in a serious way and i really answer the 1st time i like to talk about the rise of mark terry and some 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 theyre on the Public Domain and they are inherent to the constitution the argument of private enterprise is simply i cant open a hotdog 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. Constance 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 feel u. S. Government has the technocrats and the government a fused together in whats called the core proper 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 he own danger and john d. Rockefeller is romping around that hes not 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 cant mention 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 an article today of the. College Admissions Group that had all conjured 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 asking why are we sending to every College Bound kid me im sorry what it would is somewhere between a contestable argument and and and propaganda so now our media has led us down for a fight in our banner medias at this point we depend on you sounds like you and stacy re depend on the bloggers we depend on scattering ourselves the media itself the so horrible bit that i would say get rid of it except for zach and ask boehner im direction right so 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 inside and learn not to short any such past lets say from ponzi scheme to me i dont short well known in the right mind would do that at this point. The bond market may not be near a top when he got a negative tempered senators right 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 to profit from bonds unless youre indexed restraint and were not traders most of us are not just sixpack boomers Retirement Funds not of dollars are qualified david toppers right sound bite mark is no longer worth anything at say 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 Martenson spot cas 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 and the reason the way she has painted is small people want to eat in a currently inherently inflationary Banking System right that if you pay interest on debt youre going to be increasing the money supply now if you havent slash nary a rat it means something screwed up royally and that something is im downright 5 percent were back when were going to take the pledge and Central Banks will 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 us sets a 5 percent real yield for governments that happen theres no tatts the whole of that and in fact if theres a really fleishman in your assets or down you get the law against some Tax Exemptions for future years so governments need inflation and tax their nominal returns professor were going to have to carry over to a 2nd segment im learning a lot in your classroom i hope thats ok but for this segment thanks for being on kaiser report im glad to be here i love to do a 2nd not 2nd session lets do it all right and thats going to do it for this edition of kaiser apart with may max Kaiser States ever want to thank our guest dave calm until next time by oh. Can. He. Joined me every 1st day on the alex salmond show but ill be speaking to get off of the world of politics sports business im show business ill see a bad call. Hello and welcome to worlds apart of the some stables in florence to be catholic whats the wish for less to come true up to 4 years of the insufferable dylan will trump think democrats in the United States triumphantly returning to power and not only to the presidency but also to a congressman church you see is that a reason for the celebration of oppression apps for culture and people to discuss that im now joined by walton bello and international a judge professor at the State University of new york and author all content revolution the global rise of the far right professor bell its good to talk to you thank you very much for your time and thank you for inviting me now to your joining us from the philippines but im pretty sure you know what you defense in the United States