Usual bag of tricks that back in 2008 Global Financial crisis and remember that movie the big short and remember i was obvious that everything was going to blow up and remember how the wall street people were you know conspiring and then it all blew up in a few people make billions and billions of dollars because they cooked the books and they grabbed all that cash and we had cars reports said you know what this exact same thing is going to happen again in 10 to 12 years and guess what here we are 12 years later and they said and it continues to happen the last time in the 2007 to 2008 financial crisis we had cd those collateralized debt obligations and Mortgage Backed securities and credit default swaps and these things and then lo and behold the Global Financial system collapsed and lo and behold our Central Banks that done with a lot of money that is now being dorf by the amount of money being printed for this go round but the bad stuff actually hasnt even happened yet this is what
The 30 action this is the moment to also trade on fighting everyone we meet with global news makers and talk about the stories that matter on the ground 0. And for the ok in watching this story now in for the past few months the stream is taking a look around the world looking at the Global Pandemic and the impact its having on very citizens around the world today we stop at the pacific nations and ask if their isolation is actually helping them tackle covered 19 and what issues and challenges they may well have if you are new we would love to hear from you jump into the chat and he can be part of the conversation im going to start the conversation introducing the guests and theyre going to say hello to you so ambassador it is wonderful to have you here on this train tell everybody. I am. I am a member present i did not allow an ambassador to the United Nations based out of new york. Good to have use a pia oakum to the string tell everybody hume you are. The morning good evening or an
Are 12 years later and stated and it continues to happen the last time in the 2007 to 2008 financial crisis we had cd those collateralized debt obligations and Mortgage Backed securities and credit default swaps and these things and then lo and behold the Global Financial system collapsed and lo and behold our Central Banks that done with a lot of money that is now being dorf by the amount of money being printed for this go round but the bad stuff actually hasnt even happened yet this is what this article is warning about and its from Frank Portnoy who used to was working at Morgan Stanley at the time of the 2008 financial crisis and hes kind of warning that is going to happen this time but the new c. D. O. Is called the c l o the collateralized loan obligation we have actually warned about this in the last few years a few times on the show nomi prins is often tweeting about this and saying this is going to be the big problem so here it comes again right the looming Bank Collapse not c
A stock or your muscles in the course of your new year which mrs jenner above is just. All for god chill the church. Business compassion that. We think she minds be soviet soldiers to kiss off the boot shes wearing. Huge which to the so looks like to move to a possible opinion more than with looking like it on the show stuck with some Russian Police force sent us all the. I am max kaiser this is the kaiser report and you know what gloucester its up to its usual bag of tricks that back in 2008 Global Financial crisis and remember that movie the big short and remember i was obvious that everything was going to blow up and remember how the wall street people were you know conspiring and then it all blew up in a few people make billions and billions of dollars because they cooked the books and they grabbed all that cash and we had cars reports said you know what this exact same thing is going to happen again in 10 to 12 years and guess what here we are 12 years later and stated and it cont
Mass protests demanding change economic recession and geopolitical tensions not to mention the small matter of a looming election join me Steve Clemons in conversation with leading voices on the bottom line your weekly take on u. S. Politics and society on aljazeera. And for me ok in watching this story no for the past few months the stream has taking the round the world looking at the Global Pandemic and the impact its having a very citizens around the world today we still post at the pacific nations and ask if their isolation is actually helping them tackle covered 19 and what issues and challenges they may well have if you are new to we would love to hear from you jump into the chat and he can be part of the conversation im going to start the conversation introducing the guests and theyre going to say hello to you so ambassador it is wonderful to have you here on the stream tell everybody can you well. I am from fallout i am due for mr president of allowing ambassador to the United