[james b stewart] this was gonna come crashing down on him. a real estate mogul was waist-deep in red ink. [natalie byfield] trump was particularly good at playing the media. even as he convinced the world it was just the opposite. oh donald, oh donald, you are a big deal. [emily fox] it is the greatest charade that donald trump ever pulled off. the hotel queen was winning over the public. [leona helmsley] look at the shape of the head, you can see the brain just sits there. i m very serious. but behind her castle walls, she was nothing but wicked. and as a publicity-hungry prosecutor plotted his next heroic act for the papers. i mean, it was crazy. us attorneys aren t supposed to do that kind of stuff. a newly christened mob boss mocked him in those very same pages. [newsreader] outfoxing the foxes in a big stakes game of cops and robbers that has made gotti kind of a legend. [george gabriel] the downside to the real mobsters is, who needs this attention? we re a secret orga
i m max kaiser this is the kind of the report match skies are named by the magazine. the spectator magazine in the united kingdom one of the most annoying things of 2019 that s right i m on the same list as great a thorn bork and a lot of other stuff wow that s awesome take that joe rogan. yes you re one of the 41 most annoying things about 21000 according to spectator magazine they call you an ex excitable duck sounding economist and con excitable dux voiced economist yes let s quacked on with these have of course the markets ended 21000 with partying like it s 1999 you know in 1999 if you recall because you were part of that dot com thing well the nasdaq ended up 85 percent in 1909 it ended up almost 40 percent and $21000.00 so it s boom times again and we re going to look at some tweets here about the whole 2019 assessment $21000.00 just keeps getting better and better the nasdaq closed above $9000.00 for the 1st time ever and is up almost 38 percent for the year that was
percent for the year that was earlier in december before the end of the year so we re still looking back at that time going to comparison some $899.00 you re. indicating or inferring bubble like qualities i would imagine and it does look bubblicious you know but these are the rest of the world is a dire straits other you know also think about it the venezuelan stock market was up spectacularly recently since you said that i m going to jump ahead to some a few another tweet tweet here to indicate what might be happening the rest of the world might be in distress but the fact is the u.s. federal reserve bank has been printing enormous amounts of money and it s going in lockstep with the increase in the nasdaq in the stock market because remember from mid september when the repo market turmoil erupted the fed started printing money and in the last $2.00 weeks the 2019 here were in 20202020 but they re still printing the last 2 weeks of $21000.00 a printed $450000000000.00 their
a right so this is the same thing nasdaq is just a proxy for monopoly and the players that are winning this are both the bank and park avenue and park place the 2 most valuable spots on the board game of monopoly so. that s this is exactly what i ve been saying for a few years now if you keep printing trillions and trillions of dollars and you don t allow it to go into wages you cut them off you you you you you vilify the working person and you just give it to private equity speculators you re going to end up with this enormous bifurcation in the economy of extraordinarily wealthy plutocrats and kleptocrats and surf the surf class the losers the deplorable i might add that is also a hedge funds hedge funds play a big part in the repo market that s where they go for funding and then 10 x. leverage up into the markets so that s important because of course as i mentioned here s the fed s balance sheet it had been declining it was down 8 percent on. year at one point for the 1st
world might be in distress but the fact is the us federal reserve bank has been printing enormous amounts of money and it s going in lockstep with the increase in the nasdaq in the stock market because remember from mid september when the repo market turmoil erupted the fed started printing money and in the last $2.00 weeks the 2019 here were in 20202020 but they re still printing the last 2 weeks of $21000.00 a printed $450000000000.00 their asset their balance sheet expanded by that so let s look at that fed balance sheet move up to 4.166 trillion highest level in 14 months over for him to the 6000000000 over the last 4 months quote in no says is this q.e. this is nothing like it drone powell had said october 8th 2019 you can see that it s a v. shaped recovery in the fed s balance sheet since. you know the nasdaq as i said was up 40 percent nearly 40 percent so 60 percent of the gain and the nasdaq happens from that point let s revisit my ongoing theory which is that you ve