Economy to sink faster and you know so and i thought when he came into office he had some brains. But it turns out he is completely out of his mind so this is the end game of any system i think this is the 1st time weve had a global fia system all fast prior to 971 as weve pointed out many times we had the Gold Standard against gold you could devalue your own currency what we saw in the 1st Great Depression the global Great Depression was a beggar thy neighbor sort of policy so everybody you know reduce their own currency against gold faster and faster to try to beggar thy neighbor were seeing the same thing of course with the u. S. Dollar i think part of the problem is we cant really go negative well see you know. Alan greenspan this past week said the u. S. Dollar can go negative our Treasury Bonds can go negative however will that destroy the u. S. Dollar as a global reserve currency so europe going negative has kind of beggared by neighbor what trump is responding to i think when h
Everyone this brings to mind to shipwrecks one the poseidon adventure and the other the titanic on the poseidon adventure they had to realize that the ship it flipped over and it was upside down before they could escape you know and then what the titanic you have these negative Interest Rates and the economy is sinking but if you remember the titanic film or you know based on the titanic sinking. The front of the boat the back started to. Down into the ocean the tail of the. Not the but the tail. Flips up so those are those are the people who buy these negative rate bonds they have the sense that their value of their of their equity of their bhaumik what is going up as the titanic those the you. Economy heads points down to the bottom of the ocean and when it perpendicular on on the horizon there then the entire thing sinks so trump is we are about 5 to 6 degrees away from perpendicular perpendicular and trump is calling for busy more of a faster sinking he wants to you want to us the
I there im max kaiser this is the kaiser report have you checked out kaiser report dot com oh. Yeah its got legs and stuff and everything we talk about thats right stacy yes i kaiser report dot com i put all the headlines the links to the headlines we talk about you know what people always ask me that on the you tube so i thought why not kaiser report dot com and provide the links for people so that they can stop harassing me on twitter thats a good idea so speaking of harassing people on twitter that is basically the job of our commander in chief the president of United States don trump or at least thats what he thinks it is and he harasses people all day long on twitter in the past week he started this week off with harassing jay powell over at the Federal Reserve bank and he tweeted our economy is very strong despite the horrendous lack of vision by jay powell and the fed but the democrats are trying to will the economy to be bad for purposes of the 2020 election very selfish exclam
I there are max kaiser this is the kaiser report if you check that kaiser report dot com. Yeah its got legs and stuff and everything we talk about thats right stacy yes i kaiser report dot com i put all the headlines the links to the headlines we talked about you know what people always ask me that on the you tube so i thought why not kaiser report dot com and provide the links for people so that they can stop harassing me on twitter thats a good idea so speaking of harassing people on twitter that is basically the job of our commander in chief the president of United States don trump or at least thats what he thinks it is and he harasses people all day long on twitter in the past week he started this week off with harassing jay powell over at the Federal Reserve bank and he tweeted our economy is very strong despite the horrendous lack of vision by jay powell and the fed but the democrats are trying to will the economy to be bad for purposes of the 2020 election very selfish exclamati
Going up as the titanic that is the u. S. Economy heads points down to the bottom of the ocean and when it perpendicular. On the horizon there then the entire thing saying so trump is we are about 5 to 6 degrees away from perpendicular perpendicular and trump is calling for more of a faster sinking he wants to you want to us the economy to sink faster and you know so and i thought when he came into office he had some brains. But it turns out he is completely out of his mind so this is the end game of any system i think this is the 1st time weve had a global fia system all fiasco prior to 971 as weve pointed out many times we had the Gold Standard and against gold you could devalue your own currency what we saw in the 1st Great Depression the global Great Depression was a beggar thy neighbor sort of policy so everybody you know reduce their own currency against gold faster and faster to try to beggar thy neighbor were seeing the same thing of course with the us dollar i think part of th