Be able to pay it back because theyve borrowed right now where we have extremely low Interest Rates they currently are making investments into Capital Expenditures are hiring are increasing their efficiency as an operations no theyre hoarding it in order to make equity buybacks which really is artificially boosting up its stock prices for the Corporate Executives are not making any Real Investments into the company or boosting the economy in a way that originally Monetary Policy and trickle down economics dictated that it would so because of that if theyre on able to refinance if theyre unable to pay loans their bonds would then be downgraded and as soon as they downgrade from what it currently is the lowest of the Investment Grade bonds that will start a callous in which case every other bond will start defaulting and then the fallback will be huge whoa whoa that is frightening and everybody is going to say its in your head is spinning at this moment right now because the explains all this but the bottom line is its bad money right cheap money that weve seen for so long and do you really. The Corporate Overlords as you called the right for doing this for going after this i mean look its a system whenever you combine fiscal policy the Federal Reserve bank its all become political none of its based upon whats actually good for investors and certainly not good for savers and youve wounded essentially the entire economy by saying were not were never going to bring up Interest Rates were going to keep them down artificially low for over a decade why wouldnt you go and do this right are going to chase after this money the problem is what christie said is the long term play here because ultimately eventually got to pay it back or youre going to have to become insolvent as we saw in 2008 exactly and i think yes while some of the blame is to be made on purpose a lot of it is Monetary Policy because the point of Monetary Policy and low Interest Rate is to create investment expenditure is to make Companies Borrow money and take risks in order that stimulate the economy thats the concept here and theyre not doing that because theyre hoarding it because of the fact that were in an uncertain environment and who created this uncertain environment while its all political is there a trade war is there no trade war is ending december 15th no its not theres tremendous uncertainty in the market and thats all created by politics and created by the fed and whos not giving any clear indication of where the markets going so you really cant blame corporates for wanting to hoard cash put it in their own stocks at on themselves rather than making future investments because they cant. Can we blame corporates though can we just point the finger at the greed ultimately that just wont let them go that theyre not reinvesting back into the country for the weekend but before i do theres a and they hate to do this but christie the next time you come on the show would you please have some facts this hemming and hawing this is a bush through a deception ive ever heard i am just flabbergasted and whats going through my mind as you went through this basically this not a postmortem its a good prepared youre predicting what the what the coroner is going to say my question is with all this going on in this city. Regarding various Political Activities do you think somebody somewhere would have said you know why dont we have some hearings now says this would be the 3rd 4th 5th maybe 10th crisis that were looking at and bring in experts like yourself and say lets stop this now why is it that nobody is talking about this youve explained it very very clearly and i wonder what is the purpose of of washington and government and government if theyre not not asking to be pressured in vatican pythonic and possibly something they didnt thought of but were laying it out it happens in cycles i dont understand it its political malpractise it is a jato i ask you is this is this kind of political malpractise when we dont see washington seeing what were talking about right here at the table and seeing this kind of corporate greed on overdrive. Well it could be you know but 1st let me say im really impressed by your use of south park and ghostbusters and i dont know why. Those good but love business that has reached a level that you know really should give business businesses businesses and investors reason a pause and its really things were to go south with the economy and overly indebted firms could be you know could be in big trouble you know also you look at some of the other numbers and americans are projected to fall seriously behind on their credit card bills at the highest rate in a decade the number of people with access to revolving credit reached a record 200500000 in the 3rd quarter of believe my numbers are right you know so so theres a lot of signs that that things could go south some believe that we dodged a bullet going to a recession but you know you talk to the republicans and the troubled ministration they paint a rosy picture but the fact of the matter is this is a country and remains a country of haves and have nots you look out you know just walking down the street today here in miami along miami river im walking by a group of Homeless People camped out on one of the bridges and there comes one of the may you know mega yachts come of by with people partying and music blasting. You know so that thats just an every day so. Its just the the the wealth and economic disparity gap is just right in peoples face and i know im kind of going off on a tangent there but i want to put that out there its a good tension because i think were all i mean i know i see it just walking in the streets of washington and you see that kind of wealth gap thats right in our faces i want to even read to. Specials the institute of International Finance he actually told reporters we are sitting on top of an unexploded bomb and we really dont know what will trigger the explosion while we may not know what to your point were all kind of put typically to here what we may not know what do we feel could be the financial flare that lights this fuse to this john mentioned a few things that we have consumer things like what do we have any ideas of whats going to light this fire a lot of the Biggest Companies right now in the American Corporation we have oil death oil is one of the industries that we can absolutely point to because we do have numbers their Oil Companies especially big energy they have been lever to the hilt they have a message tremendous money in the entire shell explorations and those have not panned out at all we also have Big Industrial such as g. E. G. E. Is another big one who are also leverage to help their bonds are almost junk rating right now and they have are unable to dig themselves out because manufacturing is pretty much dead in the United States so those companies those 2 industries alone industrials and big energy those represent the top core of what america is if we look at what america is built on its actually not tech its not amazon its not really google or apple or facebook is that still backed by Big Energy Energy is still one of the Top Industries is the top industry in the United States so if we have Something Like an Energy Crisis where right now the oil prices its stabilizing and everything but its still going to go down as we turn more into Oil Natural Gas and other things like that oils going to fall and because big oil has been leverage to help there are going to be defaulting to hunt over 200. 00 of the smaller Oil Refineries pipeline and explorations have already people to this year alone because of that this is just going to cause a chain of deep. Magine this photo of the tent in our society take any economic collapse that weve ever experienced to depression add 2 days insanity meaning how do you think were going to react if all hell breaks loose and everything falls instead of buddy can you spare a dime and somebody standing in a corner trying to sell an apple or a pencil what do you think is demented craze societies where people are triggered by history and no one ever whats going to happen when all of a sudden they say you dont understand theres nothing here anymore can you imagine that calamity can you imagine whats going to happen in the streets well its gonna happen we can kind of see it already because thats kind of last the happening in hong kong yes. Its still important to remember too that that none of this is real right so the Interest Rates are artificially held down you know because there was mention about energy what happens if you have Energy Crisis well were not going to necessarily see the Energy Crisis like we saw in the seventys because we learned from those mistakes which is to prop everything up in the meantime and thats thats been the answer for government is how do we avoid ever dealing with the realities so that bubbles in the reading sense that. There is booms and there is a bus the problem is that we dont believe that in the in a essentially keynesian economic world view which is what basically every economist is holding on to right and then to this keynesian world view its always a boom so weve got to keep booming and so you keep holding the down artificially and eventually its going to flare up but look at 2008 and the outrage that we saw from some people over how wall street was build up i dont think we can do that again i dont i dont think theres enough Political Capital or understanding on the part of the public to say we all are you to bail out corporations again while the main street america loses i just i dont see that happening i dont see it either and i think that one of the biggest mistakes that we made in the aftermath of 2008 is that we blame the people who are buying. About mortgages rather than the actual people giving out the bad mortgages and i would break my heart if suddenly we have another financial collapse and we have another recession comes down the pipeline and hey lets go blame the little guy again lets blame the poor cats who are said ok you can own a house even though you make 50000. 00 a year in this economy you know i dont want to see that again ill begin to put it here at this table or in miami want to see that again. Thats a lot to take in your guys im scared to death right now but as i discovered that i think its about time we take a break before i get too scared i need a senate event at the same time well you know everything im not saying well i did it right by me when he has your numbers and im over here and one thing bullies im triggered when im sure it will generally are legitimate which is exactly the right thing is mongering because people wouldnt be supplying these market is if there was no demand quite the same reason here we wouldnt have all these people being duponts bloody hell if there was no demand so if it does still run on the buyer greed weve got a right now theyre definitely all right as we go to break watchers dont forget to let us know what you think the topics of coverage are social media be sure to check out watch you walk to the podcast which is now available on spotify apple music and everywhere you listen to your favorite about so by the podcast coming up our Blue Ribbon Panel weighs in on one of the biggest underreported controversies in journalism today as well as the journey for the afghans of afghanistan papers took to get here they too are watching the whole. Facebook and google started with a great idea and great ideals unfortunately it was also a very dark so. They are constructing a profile of you and that profile is real its detailed and it never goes away turns out that google is manipulating your opinions from the very 1st character that you type into the search bar it will always favor one dog food over another one comparative Shopping Service over another and one candidate over another they can suppress certain types of results deiced on what they think you should be see if they have this kind of power then democracy is an illusion the free and Fair Election doesnt exist the more growth we give them the sooner we are all. Each simulating civilization would be able to run using a tiny fraction of its resources. Hundreds of thousands millions of runs through all of Human History almost all. Beings with our kinds of experiences with them to simulate that once brother to announce it when it wants it conditional that there are good we should think fearful of that one of the simulated ones. And then us own mr johnson. And i just got out of prison for. 41 is. 72 years so. I got to wrestle with him some of the. Film. Just everything was taken out of. My work in the hospital it was. Meant to snow man that looks a little bit about me. To. Work. Through this. So. They dont have to go just do. Not. Try this thank you. Snow goose and. All right welcome back from that lovely break in late november wiki leaks published a fascinating internal email from the organization for the prohibition of chemical weapons showing that there was internal dissent over the groups conclusions when it came to the controversial duma Chemical Attacks in syria for more than 40 were killed in response the United States and its allies rain missiles down on the Syrian Government according to reuters the unidentified inspector described the report as having been edited to appear more conclusive the more conclusive than the inspectors findings couple this with recent claims by former o. P. C. W. Employee in henderson that the 2 cylinders that were supposedly used to disperse the chemicals responsible for the attack were most likely place that the scene rather than being dropped from the air which would have meant that the Syrian Government was not responsible for the attack well my friends you got yourself quite an interesting news story right there or at least you would lest you worked at newsweek journalist to recall dodd announced on twitter last saturday that yesterday i resign from newsweek after my attempts to publish newsworthy revelation. It was about the leaked o. P. C. W. Letter were refused for no valid reason for the im going to tweet that i have collected evidence of how they suppressed the story in addition to evidence for another case where info inconvenient to us to the Us Government was removed the what was factually correct but those of you keeping score at home by the way to record dog was also one of the few mainstream news journalists who discovered that a senior twitter executive was also a British Army Psychological Operations officer in response to the dobbs resignation newsweek told box news the quote the writer pitched a Conspiracy Theory rather than an idea for objective reporting newsweek editor has rejected the pitch so everyone is this an example of mainstream Corporate News censoring stories of the western powers Foreign Policy in a negative light or it was just they describe all journalists blowing things out of proportion ill start with you john down in miami. Well 1st of all the irony there is that you know you mention the report that was on fox news well fox news has been accused of spiking stories. And some of the stories that were that were supposed that were that should have more than likely run on fox news that were spiked so. As far as this particular story you know lets see what this writer has lets see apparently hes being threatened by newsweek with legal action if he moves forward with with any type of story so well see and i will see what facts he has but i think its a sad commentary on really the state of journalism overall because you know you have magazines like newsweek time for that matter as well which are really a shell of themselves and just across the board not only you know with magazines but in print journalism as well out of the newspapers are just a shell of what they once were a miami heralds a good example and its not to say that theres not great journalism coming out of these you know these publications by a lot of the you know the Corporate Media companies are being run by lawyers and you know when sales pitch. Nowadays and not journalists so i think this is one example of many others that weve seen and that will continue to see the figure for well let me say this though so i think theres a you know an issue of waiting to see what the story is but at the same time this reporter had is not the one whos breaking the story right he has compiled together beat bits of information from a. Report that essentially has already come out a dissenting email that was a part of that report that already proves for a fact certain things that by the way some of us reporting in 2018 so there were some of us who did report on this in 2800 and the fact that even at the time the information being put out about this attack and was suspect to say the least at the time there were claims that these these chemical. Chlorine bombs essentially were not dropped from the air or that these containers were brought in later and one of the things that you find in this report is that investigators at the time said it might just be chlorine bleach that was used right so theres a lot wrong with the story the what i think this story demonstrates more than