Largest city. As your News Headlines for this hour my colleague neil harvey will be taking over in just about an hour on behalf of myself and the r. T. International team thanks for watching and have a great day. Hello im max keiser this is the kaiser report you know going to talk about. It but before we do it i just want to point out that before we said on the show that negative Interest Rates were telegraphing something global d. Population. Wow we were right i didnt know exactly what it would be having said that im now going to throw to stacy her because shes got a lot packed in here i want to check in now so what the audience can understand what you were saying is last year around june of of 29 teen you asked royce of gold money dot com how on earth negative Interest Rates could ever exist because never in history had that happened and he said the one thing it could possibly be suggesting is huge decline in population whether through choice that people just decide not to have child
Hitting new all time highs in currencies everywhere in the world that will soon be having a new all time high against the u. S. Dollar because it is Holding Steady its all the great it started out at 1. 00 its now you know hovering between 7. 00 and 9000. 00 per because. You know this is the store of value the safe havens that people are going to run to when money becomes worthless and negative rates become the norm so money is worth less than nothing its worth less than the toilet paper people are hoarding as a matter of fact toilet paper percy is now worth more than a dollar per sheet in some instances people are paying 67080. 00 a roll for toilet paper that is an exponential growth in the price of a sheet of toilet paper paper that is indeed correct and of course i do want to remind you we are in the middle of a bit of a pandemic and which youre supposed to wash your hands all the time and not touch your face so please max do not touch your face otherwise that clip will go viral you
Exponential pandemic which is hitting the mortality rates go exponential as you get older is not fun to turn a year older in the middle of a pandemic but before we get into that exponential growth of the pandemic lets look at the result of the exponential growth in debt over the past few decades chis report of course has been reporting on this non stop for the past 10 years and i want to look at these 2 charge is the 30 year treasury and the price of oil if you turn it upside down. You see the exponential its going exponential down 30 year treasury yield is well below a one percent oil price obviously we collapsed 30 percent on the opening on monday of this week the price of money whether its cash 2 year note 5 year no 10 year note 30 or no is approaching 0 so money has no value whatsoever gold is hitting new all time highs in currencies everywhere in the world that will soon be hitting a new all time high against the u. S. Dollar because it is Holding Steady its all the great it start
Episode a kaiser report during the exponential spread of the pandemic coronavirus were looking at the 2nd half of the chessboard as it is called and i want might want to add that today is my birthday so turning one year older in the midst of an exponential pandemic which is hitting the mortality rates go exponential as you get older is not fun to turn a year older in the middle of a pandemic but before we get into the exponential growth of the pandemic lets look at the result of the exponential growth in debt over the past few decades chis report of course has been reporting on this non stop for the past 10 years and i want to look at these 2 charge is the 30 year treasury and the price of oil if you turn it upside down you see the exponential its going exponential down 30 year treasury yield is well below a one percent oil price obviously we collapsed 30 percent on the opening on monday of this week the price of money whether its cash 2 year note 5 year no 10 year note 30 or no is app
Not talking the same sky loving christian debt were talking they did go on turning in income and then when they graduate theyre graduating move off what about 100000. 00 u. S. Dollars is a level of debt the average is 30000. 00 and in fact its non dischargeable prior to the what happened with the subprime crisis was people could do the jungle mail lock away students could never walk away from this almost all of it is essentially owed to the government so the government owns you anyway and you cant escape it you cant just jingle mail away from the u. S. Government 30000 is the starting level and i go i could graduate. Something of that scope a year so this starting with the debt to income ratio 100 percent before they even pay the rent a little on consider paying a mortgage max and i graduated before 1991 you all graduated around that sort of time the rate of increase since the 1980 s. A lot happened in the 1980 s. We could talk about. The rate of tuition increase has gone up 8 times fa