Good morning. Thanks for your patience director of the Strategy Group yen to welcome to this session on american in goal leadership first i want to take they thank you for giving us this base with our members of our Strategy Group let me tell you about our program this morning the Strategy Group is 35 years old with the notion that even in washington there could be an organization that is nonpartisan we have been resolutely nonpartisan over 35 years the founders meet annually in aspen in colorado to discuss and debate big ideas of americas Foreign Policy and our Global Leadership in each year we prepare a book for publication and this years book is available today that we are discussing today maintaining American Leadership. We will discuss the book this morning and with that global trade position about the impact of technology on the Global Military leadership continuing with a conversation i will moderate between former secretary of defense bill and Madeleine Albright about these iss
Good morning. Thanks for your patience director of the Strategy Group yen to welcome to this session on american in goal leadership first i want to take they thank you for giving us this base with our members of our Strategy Group let me tell you about our program this morning the Strategy Group is 35 years old with the notion that even in washington there could be an organization that is nonpartisan we have been resolutely nonpartisan over 35 years the founders meet annually in aspen in colorado to discuss and debate big ideas of americas Foreign Policy and our Global Leadership in each year we prepare a book for publication and this years book is available today that we are discussing today maintaining American Leadership. We will discuss the book this morning and with that global trade position about the impact of technology on the Global Military leadership continuing with a conversation i will moderate between former secretary of defense bill and Madeleine Albright about these iss
Century. Them for giving us the space this morning. I want to thank all of you for being here. In particular, center dan sullivan from alaska who i will introduce in just a minute. Let me tell you about our program. , we have years old this radical notion that even in washington, there can be an organization as resolutely nonpartisan. We have been resolutely nonpartisan for 35 years. We meets are annually and aspen, colorado to discuss big ideas about american foreignpolicy and Global Leadership. Each year, we prepare a book based on our proceedings for publication. This book is available today, the book we are discussing today. Its called the world turning upside down america maintaining leadership in a dangerous age. We will discuss the book is morning and continuing with our friends, we will talk about major changes in how america looks at global trade position with Richard Danzig about the impact of technology on Global Leadership. We will continue with a conversation between forme
Moves into chinas new deal with their boss. Funny appropriate no circlip remember the south of france through customs they stole deal oh well they were the kaiser report im max kaiser today were going to be covering some interesting things. Well max in the second half we have a special with jim rickards we were in new york in december as you remember during christmas we had an interview with him but we did a little extra so before i talk about bitcoin because i know that might trigger him were going to talk a little bit about gold just to remind everybody just briefly that ive gone long gold for twenty eighteen i believe were going to see a few good years its been very boring for the past four years where its been trading in a tedious range especially if youre a big coin investor at which has been parabolic and exciting so just see now ive gone long gold and gold miners and so far theyre doing pretty well so thats fantastic this is you know i think youre going to be really nicely versu
National debt also you have the fact that. You know the stock markets going to to twenty eighteen at some of the most overvalued numbers in the history of stock markets so i reckon that obviously markets can remain at more rational than anybody could remain solvent short betting against it but i think should there be a spectacular bust. I think even with you know even though the fed has raised Interest Rates a little tiny bit i think theres theres little thats going to be available to combat the crash that does come if it does come in twenty eighteen or twenty nineteen and i think therefore its probably quite wise to home call thats my opinion thats why a couple of mornings or so ive picked up on was the debt you mentioned debt is rising and gold tends to track the rise of debt you know it hasnt the last few years has been stuck in kind of a bearish trend compared to some other stuff but if it catches up to the debt chart you know if you overlay those two you know you could easily get