The solution then was to extend Bank Credit Facilities thats how Alan Greenspan Ronald Reagan and robert rubin the plunge Protection Team or that working group on finance the president S Working Group on finance decided that they would solve this problem by not punishing or reforming but expanding the credit line of these banks so they did exactly what they were doing but on a bigger scale and then we have of course another major move down in 1989 we had a bomb crash more or less 9093 we had the dot com crash in 2000 we had the 2008 subprime crash and each one of these crashes were caused by the exact same thing over indebtedness too much leverage and no accountability no than foresman of regulations by the f. C. C. And then send in others and each and every time the policy from the Central Banks is to expand credit line and say do it again but do it bigger and now in 2020 we. Of now some more thing happening all over again its entirely predictable entirely preventable but as restraine
Little area like this and to live in Virtual Reality oh right so youre talking about 2 things there the crumbling of our reality our infrastructure and. Castles that were important in our in the history of western civilization like we have a Buckingham Palace and also the collapse of the ego as it were the conscious mind because we have a super conscious mind now called Virtual Reality so things that we used to be in the subconscious mind are not going to be in our conscious mind which will be the new subconscious mind like will have this subconscious life that we used to call reality but astound unseen by anyone outside the bar immediate location which is never viewed outside of our media itself so you have these 2 things collapsing go coterminous as i believe you could say the physical infrastructure and the mental infrastructure are collapsing simon. Seriously there we are simultaneously giving birth to a Virtual Reality is becoming pervasive and interactive and quite. Meaningful an
Collapsing go coterminous as i believe you could say the physical infrastructure and the mental infrastructure are collapsing simultaneously and we are simultaneously giving birth to a Virtual Reality is becoming pervasive and interactive and quiet its meaningful and driving the economy well i was a cartoon avatar you can see it on the screen right now and then here is max he was at the same conference speaking on stage you only spent the half hour on stage with leno but i spent hours there and Walking Around the environment and finding my way around rooms and even though its a cartoon obviously i felt part of that and then when i was interviewing dr adam back i felt like in myself like i was sitting with them and talking to them so even at that rudimentary Virtual Reality level i felt that so whats it going to be like when it gets we mourn. Events when we have more of a mash 5 g. Network around the world that could basically secure you know and produce deeper realities and i think the
When it gets way more advanced when we have more of a mash 5 g. Network around the world that could basically secure you know and produce deeper realities and i think the point being that youre making there is that you had that sense of intimacy that you have a physical space you had in a Digital Space so i guess thats was the unexpected and that. Kind of like youre thinking now that the you could see this really taking off and this whole sense of fear kind of disappears because i was in the middle of a conversation with the nurse who actually and my avatar took off and just started flying away and it went over the virtual ocean and at 1st i was like i was scared i was like wow like what if i drop from here in like a way over the ocean and it was kind of scary and i was like oh no and i was trying to hold on well like you know to what and then i just relax and its like well i wonder where im going to end up and i did go through the edge of a. This virtual universe and then like weird d
Affordable housing for a living minimum wage give many people no choice you know theres been a problem with the city knows turn every turn and call the state will always. Be different. Because you have the required resource the most vulnerable are abandoned on the streets to become the invisible clerks. Oh hi im max keiser this is the kaiser report well lets talk about tea and crumpets and scones and London Bridge and the crowd. Stacy well max we are going to get into some details about the queen and compare her and the whole royal system to wall street the 1st i want to say you know anybody could essentially now live with the view say of London Bridge or tower bridge or you know right along the thames or see the Buckingham Palace or live in Buckingham Palace because theres Virtual Reality now last episode we spoke to bryan rama only about that this episode were going to continue some of that conversation but one thing i want to say is we spent this past weekend in Virtual Reality at t