That means the price of the bond is a 3000 year highs thats stented this bubble is and how does it get there its because the banks are lending against the ponzi value of the bonds to leverage more buying of those ponzi extended bonds and of course like iceland if this will result in a 98 percent collapse. Never in the history of the world in 1971 did the human race ever engage in all fiats currency commerce trading settlements system i weve always had gold backed currency or other some other hard assets thats why nations went bankrupt all the time thats why many wars happened is because france would go bankrupt they would have no gold left or Something Like that so now we have just an infinite regress of ever referring to another contract or another fiats currency printed by something backed by we dont know what except for perhaps the mightiest army that is there are stocked and threaten the earth and thats what we have now so thats why they could go. They think they believe they could
A bit but another country would have dropped by considerably more the net result is now the goal of the globe is their debt to g. D. P. For planet earth is approaching 350 percent well some say that the Us Dollars Bank backed by oil so it always has been backed by something hard. It was liquid oil the other thing that were seeing however is as Michael Hudson dr Michael Hudson an economist who used to work at chase manhattan and when he wrote his ph d. He told us that you know he he told his bank and he told his professors that actually unlike what you say banks dont actually lend to businesses they lend for mortgages so our entire economy our time Financial System everything is backed by mortgages so were going to get to that because this is. Remember when during the french revolution we had the currency backed by a property of the confiscated Catholic Church properties so what do we have there but hyperinflation as people demanded the prices keep on going up right well here we have de
Hi there im max kaiser this is the kaiser report. A lot of people talk about ponzi scams but do people really know what a ponzi scheme is stacy well of course weve been talking about ponzi schemes because he cant taper a ponzi and that was attempted over the past year with quantitative tightening in Interest Rates rising obviously that has all fallen apart especially in europe where we have 15 trillion and negative yielding debt and went up by over 600000000000 and one day just in the past week and now i want to look at a headline about the unthinkable becoming thinkable of course its always been think about here in keizer report we always think outside the box but here in the Mainstream Media theyre saying could treasury yields ever fall into negative territory and vespers are wondering whether u. S. Treasury yields might follow the trend witnessed in germany or other sovereign markets and eventually fall into negative territory the unthinkable is now thinkable of course this is the g
Lunar moon landing, a hearing on past and future exploration by nasa and its astronauts. This is 90 minutes. [pounding] hearing is called to ovrd. 50 years ago, exactly one week from today, at 9 30 a. M. , three astronauts sitting atop a rocket destroyer, a navy of ing 7 1 2 Million Pounds thrust took off from Kennedy Space center in florida. A Million People had gathered on the ground to watch event, including half of the United States congress. Three astronauts, as one at the ewspapers put it time, carried with them the hopes of the world. Was 1969. Born. Before i was the astronauts were Neil Armstrong, buzz aldrin and collins, and the mission was apollo 11. Would go ond aldrin to make history a little more than a hundred hours later. With more than a third of or listening hing live, they became the first on the o ever set foot moon. The apollo 11 mission would go history again. A little less than a hundred hours of that, as the first not only to put men on home on but to bring them
This hearing is call to order. Welcome. 50 years ago, exactly what each week from today, at approximately 9 30 am, 2 astronauts, sitting atop a rocket the size of a navy destroyer, packing 7. 5 Million Pounds of thrust, took off from Kennedy Space center in florida. Roughly 1 Million People had gathered on the ground to watch this historic event. That included half of the u. S. Congress. These 3 astronauts, as one of the newspapers put it at the time, carried with them the hopes of the world. The u. S. 1969. The year before i was born. The astronauts were now im strong, but, and michael collins. And the mission was apollo 11. Armstrong and aldrin went on to make history a little more than 100 hours later. When with more than one third of the earths the earth watching, word listening live. They became the first humans to ever set foot on the moon. The apollo 11 mission would go on to make history again. A little less than 100 hours after that, as the First Mission not only to put men on