Standard and there was nothing hooking our Financial System our economies to anything real so fantasy could erupt we could have a fantasy economy around the world and then it started to really hit the peak we went so deep through the Looking Glass that we had that fracking with the red queen centrum right 1st of all they were never making any money but they had to keep on drilling faster and faster and more and more just to stay in the same place now were through the Looking Glass and the totally at the end of it in the past 2 years and all that is beyond that is a black hole and spaghettification because right now you know when we got to negative Interest Rates when time had no value that was one thing and we told you we were shocked we were like alarmed by this then now we have the negative in the negative cost of of energy so like does he equal mc squared any longer yeah i see were going with that and you know looking back at the history of economics i guess you could say you know 1st you had stuff like agriculture and then you had factories and then you had capital. Or theyre going to try to underwrite the cost of these big factories by using limited Liability Corporations then you had to rivet which would be a way to make bets on the value of that stuff and then starting the 1980 s. Or so they started to remove this stuff and just leave the derivatives the derivatives became so huge in size over a quadrillion they wore off the size of the actual stuff to the point where the stuff is meaningless and only did derivatives matter and so the bets on the derivatives now are increasing so as to rivet halves on top of derivatives and this is how you get to a place of negative prices on oil because when you trade oil to rivet if youre not trading oil youre trading purely on the direction of a price based on a derivative thats based on another derivative where there is no underlying oil so the real economy disappeared long ago in 2008 it formally came to a dead halt the Global Economy and from 202020 its been an attempt by central bankers to even replace the hollowed out hole a gram of what was formerly called the Global Economy with the riveted to a more absurd and obscene level this space time continuum had been broken. And for you to the audience out there i know youre very confused by the new set up but were innovating here were trying new things for this new normal that is going to emerge from passing through like shattering the space time continuum you know we are freak of nature of the universe somethings going on you know there are anomalies out there that break the laws of physics met through peer is what you know when you look out there and you see things going faster apart than they should be because you know gravity is thats a poet together maybe thats like some advanced humans out there that did this they created some derivatives that sent the universe exploding well i have my own a fair idea about this i believe going back to the ninetys and the seti project the s. E. T. I. The efforts for intel extraterrestrial intelligence this was a coup to try to cobble together the worlds computers to create this huge parallel processing machine that would sort through potential radio signals from outer space and anyone could download this to their law to their computer i did it when i was working in los angeles and i was part of the seti project and why they believe that no contact was made but i believe there was contact made but the contact was so subtle that if they came in and came in through our collective unconscious right i believe that the and that this intelligence from outer space once they sensed this said he project our or our earth was immediately red flagged as trouble as a place that needed to be cleaned up well this episode needs to be cleaned up so were going to return to this this notion of the space time continuum being broken via derivatives breaking our real world one of the things we saw is like this sudden realization that everybodys going through at the moment for example that hey those wall street 1000000000 years you know that we were celebrating as heroes. Back in 2008 they were not the heroes if all of the a sensual workers who is essential to our economy were finding our the lowest paid now that is through the Looking Glass thats the mirror image of what you think should happen the other thing is once in 1971 we went off the Gold Standard and we went on to a u. S. Dollar standard well we were no longer able to measure wealth and to create wealth and to understand how our capital was being deployed whether it was being done efficiently and the best use of capital because it was now all fia so whats the opposite because members were through the Looking Glass max we removed the Gold Standard we no longer have know how to measure wealth well whats the opposite of wealth whats the opposite the mirror image of Wealth Creation its wealth destruction so look at these derivatives look at the private equity model look at how private equity operates it attacks any semblance of wealth a pension fund and a cast on the books and it descends on and rips it apart and swaps it for debt so the space time continuum had been broke we found out who the essential workers were and what see opposite of Wealth Creation because member weve gone through the Looking Glass so has to be the opposite has to be the mirror of what is supposed to happen in the real world and the textbooks of the economics of natural law its supposed to be Wealth Creation youre seeking instead were seeking wealth destruction and thats what youve seen from negative Interest Rates to negative oil prices to our private equity model the entire thing weve gone through the Looking Glass you can make money on wealth destruction if youre on the right side of the trade now up until recently the amount of money you could make destroying whilst was somewhat limited because society. He tend to hew toward Wealth Creation and d. The limits of growth on planet earth were solved on known. Particularly at adam smiths day he makes no mention of the limitations of the ecosystem its assumed that theres almost a virtually infinite amount of growth possible but in 2020 with the climate now shutting down in huge areas of the globe due to over capacity. Or under capacity is the case by bay over exploitation were seeing limitations to growth so the people who were in the Wealth Creation business now understand that theres more money to be made destroying while destroying the ecosystem destroying society destroying populations as Margaret Thatcher said during the reagan factor period there is no society right so she kind of set the stage for this idea you could make as much if not more destroying society than Building Society and so it we have institutions like private equity which are the opposite of what was done during the robber baron period where those guys built shes universities and libraries and institutions now we have people like blackrock and other private equity groups that are known for their destruction basically whats prompted this conversation is the negative price on oil it had gone down to 37. 00 as we were talking about was josh crumb the last episode and you know this is defying all laws of nature right natural laws our economies especially based on this so were trying to understand what happened and its really complex and its really deep as deep as this conversation you know on this new design of our set by the way well this is a great look at this boy but i want to tell you you know the information is out there for you and i want to before i get on to these next few headlines here i do want to tell people before i forget because i have a short term memory now last. Because were through the Looking Glass right so theres hash tag 000 t. T. And its really interesting because these are actual its called the organization of oil trading tweeters so these are for the most part you know its all online its twitter so that some of them could be trolls and fakes but the fact is that theyre for the most part real far more oil traders and they understand the ins and outs of oil and technical jargon and delivery jargon all these trading jargon in the futures and theyre really good at explaining rather than tuning into the mainstream Financial News so o. T. C. Because a lot of the information is there for you in order to understand these negative rates but i want to look at this one tweet here from this is a woman who as a journalist of bloomberg experts say it could be a matter of weeks before theres no more room to store crude the result would be Oil Prices Near 0 in many parts of the world and in some cases they could go negative continuing not just this one off everybody was trying to buy the dip and pick up the dip by buying an e. T. F. Which im not even a name because its i dont want anybody to like it you know just saying words often prompts people to go out and buy something even though its like not suitable for them to buy that structured product but nevertheless theyre seeing that we could have a negative rate negative oil prices in June July August as i was saying earths had its carrying capacity its exploitation limits theres now no more room even to store the oil and wiser so much oil because it was funded with an infinite amount of free money yes thats negative rates funded the red queen and now because of that were through the Looking Glass right there negative rates davis negative price on oil because theres more money to be made destroying things then in creating things i think theres an indian god a goddess whos the goddess of destruction kiva Something Like possibly it has like an elephant maybe with a bunch of different arms see anyway its a fan of hinduism by the way. The fact is fracking the factor is the price you know they have of them they werent making any profit at 7068584830 at 20 you know again when we were on the Gold Standard you could not do that you could not afford to lose money the price signal was telling you that you as a business do not work the natural law you do not work within that and theyre still pumping out. Ok but who is making money there is one group that is making money and that is the wall street banks who are selling the junk bonds that underwrite the losing track or worse than shell oil industry right so the wall street banks are the shiva are the god of destruction they are financing and the times because its more profitable to bank on destruction than there is in banking on life so the petrodollar went negative and from mentor today came along says today we saw that well without the ability to store it changes that well from an asset to a liability bonds will experience something similar one of these days rates at 0 and repayment and debased money changes a bond from an asset to a liability again were all about wealth destruction now were loading everybody up with risk liabilities theres no assets anymore theres no wealth and theres nothing left delhi is the goddess of destruction thats probably the name of the exit for us the intelligence that slipped into our universe be it be the seti project but when we see a galley kelly we see you show yourself down in the meantime were going take a break and when we come back. Its nothing but aliens. Has changed american lives but pharmaceutical companies have a miraculous solution. Based drugs the people who are chronic pain and the believe that their opioid prescription is working for them and the remedy be certain to. Price that they pay closer dependency and addiction to opiates the long term use that really isnt scientifically justified and ill study actually suggested that the long term effects might not just be absence of benefit but actually that they might be causing long term. Is youll be de a reflection of reality. In a world transformed. What will make you feel safe. High salacious full community. Are you going the right way or are you being led some. Direction. What is true what is faith. In the world corrupted you need to descend. To join us in the depths. Aura maybe in the shallows. Welcome back to kaiser report imax keyser time out of turn to Abraham Cambridge of the sonics chains full disclosure i am an advisor to this company abraham welcome back thanks guys get back max i screwed him well and looked around so just to review what you guys did go down there in south africa there are schools and hospitals and other such institutions that need to fill their Energy Budgets every air so you come in and you say we can help you craft find your Energy Budget by installing solar panels to meet your budget and then anything that is collected energy wise above the budget were going to distribute to our crowdfunding population in the form of because im the one of the main drivers is to reduce the energy costs to organizations and essential services such as school supermarkets hospitals especially now in a kind of postcode that 19 whoa operating budgets can even further constrained and these kind of organization which we would need to persist moving forward and be of the great thing about this is that the decentralization of the Energy Network means that individuals around the world from that Desktop Computers now phones can now an income stream. Providing electricity to organizations and emerging markets now is really what we set up to achieve is enabling individuals to come from soda while schools neighboring organizations to go solar no cost to them so we can kind of build a marketplace to connect those that want to be solar powered people that want to produce so lets talk about this crisis thats going on in the oil and the oil markets. Youve got negative oil prices a lot of chaos in the oil markets obviously thats energy kind of in the energy bill. How has this impacted your Business Model for solar if at all in some respects its actually helped the Solar Industry obviously whilst the dumond on an energy used is reduced so you has the cost of solar panels and more to the point the supply chain disruptions of happened around the world really alludes to how important it is for Energy Independence now once youve got a Solar Panel Installed on a building you know no one no longer needs supply chains you no longer need changs of trucks to collect and deliver Energy Sources or feedstock into an energy plan power station now the sun provides to the feedstock and therefore having a solar panel on the roof of the supermarket means that a supermarket now has a secure supply of energy for the next 2530 years so i think the disruption in the Energy Markets just prove that this old outdated mode of getting a fossil fuel out with ground from one place and building up is very intricate supply chain that its actually very fragile to get that fossil fuel to another place and is from the 19th century and weve got to stop it weve got the technology now we do not need vost well destroying supply chains to do this i mean one really interesting fact which i realised today is that the coal power stations in south africa actually cause 3000 premature deaths a year from the air pollution those cope our stations produce a solar panel doesnt even make a noise let alone pollution so the importance of taking the african continent. Down the fossil fuel is an amazing opportunity so if the one great thing that comes out of this devastation is happening around the world is actually we end up with a more financially resilient and Energy Resilient and vironment to follow up at that point south africa is a coal based economy both as a producer and a consumer nearly 70. 70 percent of its electricity comes from coal versus 36 percent for the rest of the world kind of belies the image of south africas being the sun sun worshipping spot apparently theres a huge coal burning pollution problem but to get back to this idea that basically you are turning sun shine into bitcoin these of a a solar panel thats helping to power a hospital a school a Shopping Center i cant think of a more. Sustainable you know its a logically fantastic and i get my its very simple page if people want to claim they can go to some extent to start adding a bit point divident by helping our school i mean its a same sikat sex all the boxes im surprised no major celebrity has come out in a divorce then just because it would make them look good worst failure swift and all this especially in this day and age where most millennial and gen zs dont even own their own property theyre living in rented apartments all rented houses and these individuals what they want to see the well going slow down but they dont even have a roof to put solar panels on and now this problem that weve built people at the click of a button now in a solar panel is located in an optimal place for on a whilst providing energy to a very worthwhile woman as asians and may point out again that in this. The not the finances on things like hospitals and schools are going to be even more constrained because governments have decided to ban allow banks and not support schools and hospitals so the people that really need the bailouts because feeling the pinch even more especially when you introduce the inflationary aspect so what could be happening with the coins to be easing is not coming into place now big coin is and you can write in a stronger currency so offensive people now big going well is providing a lower cost and then she too will win as ations that will be around in the ice coated well i think its up to the paramount that people get behind organisations and get involved with things like this and of course of bitcoin the cost of sending that coin to peoples wallet is frictionless as virtually 0 and so you capture a huge percentage of that you dont pay intermediaries are not paying credit card fees youre not paying you know Western Union fees are getting out of virtually 100 percent of that money goes right into your because as you point out the wall thats now embracing it. Store a value to compete with gold and gold is becoming scarce and people are starting to move that safe haven money into bitcoin you know ive been talking to a fair few to you for a few years doubt just recap a little bit about how this has been growing because last i checked you were that the number of actual panels that youve got up and running in this and this operation is becoming a static what are the current wroth numbers if youre momentum sure you do that id see kickstarted sun exchange on on your platform stop joint back in 20152016 i last appeared on your show 6 months ago and just then which would hit our one gigawatt our mark of electricity produced which is 1000000. 00 units of electricity i think about point with bill around just under one megawatt solar panels in 6 months we doubled that so we doubled what we did 6 months ago weve now approaching to get our as all of electricity in just a. Means of im british so i like working in and in cups of tea is measurement thats enough energy to boil water for 50000000 cups of tea which is giving everyone in south africa one cup of tea so thats just kind of just gives you an idea or the amount of energy to produce whilst also doubling the amount of solar panels that are now deployed through the problem and 6 months now our goal is to is just complete compete complete that transition to solar power so theres now targets but by 2050 the whole of africa could be solar powered creating millions of jobs and because solar power is now cheaper than fossil fuel electricity burning coal is now more expensive than generating electricity from solar power and that transition is taking place so you mean were not going to stop doing what were doing until weve completed that that transition to solar i mean that the mission of some exchange is to connect the world to the sun so once were done with africa we could be doing projects in latin america in Southeast Asia areas which our mud. Debt is expensive when the the people that really need low cost energy literally cant afford it or can access to capital to go solar what we had to do is deliver affordable solar power to the places in the world that need it most yeah i believe it was up Buckminster Fuller who noted that the amount of energy earths receives from the sun is about a 1000 times greater than any energy with that we would think of expanding on any given day so certainly theres a surfeit of. Energy and now youre on a previous episode. Abraham and we talked about prepping for mad max now that weve got a mad max world there it seemingly everyones hoping things return to normal all but you know philosophically speaking is normal dead i mean is there ever ever ever going to return to where we were or are we have we just taken. A new road into a new direction and theres no going back if the normal is running off fossil fuels and relying on the currency was producing emissions which are destroying the worlds climate i dont want to return to normal i think weve got here is a is a completely clean open canvas to create in curator the world that we want to see and if the new world is one thats built on decentralized deflationary money like big coin and decentralized clean passive solar power with distributed ownership but doesnt rely on a centralized institution to secure fossil fuels and deploy the decades rather instantly Deploy Clean Energy into housing markets last the well that we want to see i wont be the new normal and not be outdated so lets not even go back to where we were lets create a better weld and we literally can do that no one knows what the future holds no one knows what the future will look like i was coded so lets build the world we want to see. Now some people are speculating that the petro dollar is now dead and i guess at this place and say that wider question about the Global Markets and the way theyve been for a few decades is the path toward dollar do you think thats dead if were transitioning to Clean Energy Systems such as. With batteries which is cheaper and burning a fossil fuel from a centralized location and transmit take across transmitting that energy across continents then really theres no need for that and especially as the dollar its so i would now seeing trillions of dollars of of q. E. Bailing out not just imus but other entire industries now the dollar is going to become worth less to even worthless and petroleum is going to come because of the cause and the airplanes are also going to become electrical powered because theyre going to be absorbing and storing cheaper sources of electricity from solar plant is also happening there the writing on the wall i mean even some of the worlds leading economic factor is now testing electric acra rather than fossil fuel across i really mean you can see this in the markets and the dive at the divestment of capital from fossil fuels into clean energy started a decade ago and some like 7 trillion dollars worth of capital has now been pledged into clean energy so the fact that the oil prices now so suppressed is not as it is of no surprise really and it just means that the Oil Companies are having to cut their operating overheads to cover the cost because oil is now worth not as much because people im a moving away from it ever around here like the elon musk of solar incredible well thanks for being on the kaiser report from thanks very much max they see you keep well. Thats going to do it for this episode of the kaiser report with me back as our states there were like to thank our guest Abraham Cambridge of the sonics. Change if youd like to get in touch train a psychiatrist park the next time buy out. Please. Use the. Book or birth. She set out. To get it. Youre definitely walking into words all in all we no longer know what were walking into. March. What she needs to break she met up with. Her house the most sensible. So what weve got to do is identify the threats that we have its crazy on sunday shouldnt let it be an arms race off and spearing Dramatic Development only mostly im going to resist i dont see how that strategy will be successful very critical time time to sit down and talk. Do no harm and shout or try to tell george im just going. To miss the episode we explore the ignorance and greed that led to our Current Crisis one of the 1st in medicine is do no harm. Said that hypocrisy is was the 1st to say this and what that means is that the cure for any medical problem shouldnt be worse than the disease they are trying to treat a big chunk of america is in chronic pain and pain meds back pain me pain arthritis events real and it affects peoples lives and they would like a way to live their lives to take care of their family as without being in this name what the brain is trained is that different brains in their brain thats not in play