Military doesnt get its main war zones in afghanistan pakistan iraq and syria as named operations the longest war so far in afghanistan and pakistan has had 2 names Operation Enduring freedom designated the 1st phase of war in afghanistan from october 2001 it was designated operation freedoms sentinel on the 1st of january 2015 the war in iraq was designated Operation Iraqi freedom from march 2003 to 31st of august 2010 when it became operation new dawn when the u. S. Began to fight in syria and iraq the war was designated Operation Inherent resolve for ease of understanding the costs are not labeled here by the designation but by major wars and so they keep on changing the name of the war right well we know from sociologists and consumer scientists and marketeer that the most psychoactive word in the human some conscious and conscious mind to get them interested in buying something is new. New and improved right those 2 words trigger a response like oh i might buy something thats new
You through all the latest news from around the world stay with us. Max kaiser this is the kaiser report you know one of the same to talk about on the show if you read the Financial Press about the latest scandal its just a new name for a recurring scale like theres only 3 or 4 ways you could rip people off though as it changes is the name that you call to rip people off more on this now with stacy well were going to talk about the for ever war as we have the forever war that is the global war on terror and the extreme costs from that and we have the forever war against the black hole of debt that is consuming the Global Economy and its been consuming the Global Economy essentially since 2000 but especially 20082009 were throwing more and more and more and more of our wealth in our assets in our future into this hole and its costing us forever more but 1st were going to start with the context the an allergy to provide us with an understanding of this financial work because the finance
I am max geyser this is the kaiser reported over that movie the 6th sense and the big line the money line was i see dead people this is going to make more sense but 1st we need to talk to stacy well certainly we do have a zombie economy thanks to the never ending parade of free money from the fed and the growing pile of debt because you know this past week we saw the global debt pile hit over 250. 00 trillion 255. 00 chilean to be exact its probably up another chilean or 2 by the time this airs so the fact is we have a lot of debt and its piling up stock markets are hitting all time new highs some even Yahoo Finance is starting to connect the pieces that maybe all this debt and all this free money is driving the stock markets but even your own powell and testimony he said the debt is growing faster than the economy its a simple as that in nominal terms and that is by definition unsustainable ultimately you will have to get it to where the debt is not growing faster than the economy and
Bought on black friday and cyber monday so is your smart tv spying on you . Plus the peloton tv ad thats raising eyebrows and certainly raising conversation amid a growing controversy early today starts right now good to be with you. Im Frances Rivera and im cori coffin the impeachment inquiry is officially in the hands of the House Judiciary Committee this morning. Democrats will now try to take their case on why President Trump deserves impeachment by first laying out the constitutional groundwork here now, in just hours a bevy of constitutional scholars will be testifying at the judiciarys first public hearing on whether the president s actions are worthy of removal from office. And underpinning the case is the ruinous new report release the by the House Intelligence Committee. Nbcs tracie potts joins us with the very latest from d. C and tracie, this report really serves as a road map for impeachment for democrats. Reporter exactly, cori its 300 pages this is the report from the Ho
A simple as that you nominal terms and that is by definition unsustainable ultimately you will have to get it to where the debt is not growing faster than the economy and its growing faster in the United States by a pretty pretty significant margin so as you say its growing faster than g. D. P. Is growing faster than g. D. P. It takes 3. 00 of debt to induce one dollar g. D. P. Growth. You know it reminds me of the story about the martin who is pumping formaldehyde into the corpse and saying that no matter how much formaldehyde i pump into this corpse it breathing doesnt get any better and then of course the obvious observation would be well its a corpse the corpse is dead. It doesnt matter how much formaldehyde you pump and so in the case of the Global Economy and in the u. S. Economy in 2008 it does there was this credit crunch as you recall and the solution was to pump formaldehyde in the what is called money but its not money like gold its money its debt its debt right all the quan