Max kaiser this is the kaiser report back to stacey in brazil in Rio De Janeiro its awesome its beautiful its gorgeous hey if you were running a country that had an amazing pristine rain forest what would you do with it lets think about this stacy i would not chop it down and sell it for matchsticks as max keiser famous little video you made back in 2004 or 5 talking about gold and that gold actually comes into this because. After this 1st have im brazilian Amazon Deforestation this year nearly the size of puerto rico says agency destruction of the Worlds Largest tropical rainforest total 563 square kilometers in november which is more than double the area in the same month last year according to the countrys Space Research agency i. M. P. On friday that would bring total deforestation for the period from january to november to 8934 square kilometers 83 percent more than in the same period in 2018 and an area almost the size of puerto rico now you know i have an idea for brazil actually they should entered this a oxygen futures market and so countries around the world to italy and india places in china that are dying from air pollution they can mitigate that risk by buying oxygen from brazil on the oxygen futures market that alone could be a multibillion half a trillion dollar industry right there turning the rain forest into a recurring stream of revenue instead of just chopping it down to make money never feel the money is made out of paper so here theyre just feeding the money apocalypse by chopping down actually the longs of the earth theres so many ways you can turn that into a valuable asset chopping it down it would be the stupidest i believe it is the stupid. Yes and of course as a whole if you maintain the 100 percent of the area and the commodity and the resource that is amazon its worth way way way way way more many times more than it chopped up and sold off for parts thats not often the case but in this case this is the case i believe and theyre just destroying it for no reason at all but lets move on to the general economy and just a little point by the way the next coming out of kaiser report will be some specials into the new year were going to talk to Gerald Celente were going to have a double header with Michael Hudson were going to be saying here in the Southern Hemisphere where it took us over 45 years max to figure out that is actually warm in the Southern Hemisphere well its cold up north yeah its summer here thats great so its just summer all year around i love it. So heres a tweet not one in 100 people know this and it seems unbelievable but it is correct since the start point was the peak of the dot com bubble as it turns out printing money is better for gold than stocks who new source bill binary so gold is beating the s. And p. 500 so far for this century this is going back to 2000 and gold is out shortly actually outperformed the s. And p. 500 now by huge amounts things are getting gap s. And ps up 100 percent golds up over 40 percent that big gap is bigger than amazon and particularly in other currencies like brazil for example an ounce of gold was a 1000 realit believe it beginning of the cycle now its over 90000. 00 right so another every other currency but the u. S. Dollar gold has been screaming dot com like success and its also been a success in u. S. Dollars and thats going to continue now as we enter 2021 with the beginning of the 3rd leg of the bull market that started at that time in 2000 weve had the 1st 2 legs the big up what leg peaked in 20 levin that we have kind of a move a 2nd leg which was less dramatic and the 3rd leg is the most dramatic and hyper moved toward much higher priced. 1st like peaked here in 2005 and then the 2nd leg peaked in 2011 and then this be the 3rd leg 3rd legs of any market are always the parabolic ones so get ready for that of course this is down where gordon brown sold all of britains gold and remember we talked about that last episode of course also since 2000 you can see something in the charts and again correlation doesnt necessarily equal cause ality but one does see and charts around the world particular for the us that the us empire is the climbing since 2000 and you see the rich tear away from the rest of the u. S. You know citizen the top 0 point one percent im particularly have just run off of everything since you know 2000 since the introduction of the commodity futures modernization act in the end of last eco and then 911 which allowed the theft of chileans of dollars from the Defense Department and chileans war from the fed reserve by printing money for them so youve had that kind of the decline the beginning of the science at the decline of the u. S. Empire and so that gold accumulation the gold the rise in gold prices is also due to other nations as weve covered extensively over the past few years russia china other countries turkey hungary polands just repatriated their gold from the bank of england germany repatriated their gold thanks to us from the new york fed so youre seeing these nations accumulate gold and heres another thing we pointed out at least 3 or 4 years ago and this is treasury secretary steve was in the news u. S. Treasury minucci and says if we are not careful with sanctions people will start using other currencies and there is no other currency money more solid and with a great history than gold so the paper bugs call them really a moment back when gordon brown the chancellor of the exchequer in the u. K. When he was that that role sold off half the countrys gold around 2. 50. 00 an ounce they actually believe that having that rolling out over into treasury bills or paper was a superior idea that of course even if youre only getting half a percent on your paper treasury paper is better than not getting any return the gold well sent us and weve seen actually paper go into negative rates in europe so their negative rates obviously are the last even 0 percent rate and the appreciation of gold against all this paper money would also make that argument quite you know that on arrival because its outperforming all these other paper assets yeah but as we have said the u. S. Weaponized and the dollar weaponized in the swift swift system that that would cause all truth and you could only use that once perhaps twice he used it twice youre a goner this thing is youre youre not going to be able people are going to come up the alternative save a new chin is now agreeing with us hes obviously washing cars a for it this is what hes been doing because hes obviously saying this publicly when we said it we got called like bad names but here Stephen Newsome is agreeing with us so weve been proven right on that again you know switzerland by the way also you have to look at that chart of gold versus s. And p. 500 everybody in the Mainstream Media thinks switzerland is so genius to sell all their gold they sold a lot of their gold and one of theyve been doing buying s. And p. 500 essentially theyve been buying stocks and as you say they would have been Better Holding on to gold and heres a tweet that the fed is printing money like its in the depths of the Global Financial crisis is dealing with the repo a liquidity crisis like 2008 mystified as to the cause the feds panic at this point in the Economic Cycle may hasten the unwinding of the imbalances is so desperate to maintain hash tag got gold thats the feds Balance Sheet and its increasing at the fastest pace since the financial crisis as you know they announced Something Like 454. 00 engine 60000000000. 00 a new repo action over the last 2 weeks of the year i dont understand how they can say they are mystified why. The repo market is flashing these are the signals of distress 1st of all you would think that they have a handle on how these systems work and how they are implemented and to suggest that they are not sure how they work or how they are implemented seems like a bit of a problem number one number 2 i dont think there really is a mystical reason why the as you point out all the liquid assets are being killed for being siphoned out of the system so in the short term front there theres nothing there because theyre being siloed theyre being siphoned off and put into assets elsewhere off shore or in illiquid assets like 200 1000000. 00 flats in in new york or theres 150000000. 00 house that was just bought by Rupert Murdochs son in los angeles so that money is down dead money is dead now for 100 years as they were going to move from that well one should never fight the fed and thats what he theyve trained certainly a certain class of People Living in new york city in los angeles looks like q. E. Is more likely to help the Financial Markets than the real economy germanys benchmark index decks hit almost a fresh all time high this week shy just 200 points or record despite another profit warning from henkel as e. C. B. Balance sheet hit fresh record this week at 4. 7 trillion euros so the real economy in germany which is a manufacturing powerhouse which is an industrial powerhouse and you know very huge creditor nation their economy in the real economy is definitely slowing but their markets keep on a tear they just keep soaring and it just matches exactly the money printing from the e. C. B. And money printing from the fed well this is profitless prosperity right there you dont need companies dont need to show a profit for the stock price to go higher. And so theyre taking full advantage of that they are simply allowing the environment of a higher stock price which of course means higher options prize which of course means higher compensation packages for executives which of course means a greater transference of wealth to the upper 110th the one percent to continue unabated why would they stop that even though the companies themselves are not are the profits are shrinking in the probably a lot of them if you adjust it for stock buybacks or make no money at all here is another dont fight the fed headline this money printing thats ongoing and yet you know we started with the gold outperforming the s. And p. 500 over the last 20 years but here is the fed trying to prop it up in fact the boston fed chair rosengren just recently said that the feds going to basically stop nor inflation and theyre just going to focus on asset prices thats now part of their mandate so this is their intention theyre successful so they can actually say well were successful at maintaining property prices and equity prices those are where we keeping up so were successful because we cant figure out how to manage the rest of the economy but were managing to prop up these prices here is good morning from germany where housing boom continues despite political interventions euro pace german new homes house price index hit fresh all time high in tandem with record e. C. V. Balance sheet over the past decade average house prices have risen by 70 percent in germany equivalent to an annual return of 5 and a half percent right i dont understand the statement because theyre saying oh were going to focus on asset prices down but thats been thing theyve been focusing on for 20 years prices its not new now this is all their policy according to subtle bankers whether its Alan Greenspan or or whomever has been to make an artificial rise in property and stocks their mandate. The sacrificial lamb that must be sacrificed on the altar of giving Hedge Fund Managers shut manhattan or wages they should say were going to focus on the wages because thats whats been lagging behind us of prices to say that were going to focus on asset prices after weve left wages behind for 20 years is putting the cart before the horse is complete opposite of the reality situation what they should be doing well max they do focus on thats what they mean in Inflation Numbers inflation they dont care about the inflation of property prices they dont care about the inflation in all the Real Services you need Like Health Care rental property prices education prices car all the things you need to get around in life and have a job and participate in the economy they dont care about that inflation the only inflation that the fed ever is concerned about is what the theyre all of darks they represent worry about and thats in the ordinary peasant the bottom 99. 9 percent should they ever increase their ways to mans that will cause and Interest Rates to go up to 20 percent again like paul but in fact here is Deutsche BankDeutsche Bank says the price of Health Insurance is currently growing at an annual rate of 20 percent thats inflation that they should want to stop right but theyre not this is what they want because of course their member banks of the Federal Reserve the j. P. Morgans the Goldman Sachs the bank of america the citi bank all of those banks they own this is them fire economy the 5 finance insurance and real estates thats what they want going up they want the rest of the economy going down so even more relative to them theyre growing even bigger but some of the way to. Wages is to say well wages when you look at it in terms of inflation so if you understate inflation by 7 or 8 points then you can say well wages are keeping up with inflation you see. And that were doing our job but if they were to state the true rate of inflation of 89 percent you need wages to rise 8 or 9 percent and your money thats not going to happen right well were taking a break when we come back much more coming your way. You know world a big part of the law and conspiracy its time to wake up to dig deeper to hit the stories that Mainstream Media refuses to tell more than ever we need to be smart we need to stop slamming the door on the bad and shouting past each other its time for Critical Thinking its time to fight for the middle for the truth the time is now for watching closely watching the hawks. The world is driven by a dream shaped by. The day or thinks. We dare to ask. Welcome back to the kaiser report im asked as are time now to return to our conversation with Robert Wilson hes a private Equity Investor you live in rio for over 20 years robert welcome back and to be here this gorgeous out the window here what area of rio is this this is this is a residential neighborhood primarily but its also a neighborhood that has the federally a person of the federal university of brazil a bit of rio who is here to tell me the state is that a 2 bed 2 bath place here is about 800. 00 is that correct thats about right but thats also very expensive for brazil right lets dig into some more of these Interesting Data points and brazilian economy the lets talk about immigration whenever you travel around the world in many cities like london and miami but as there is you find Many Brazilians why do they not have a similar influx of immigrants here should they encourage that 1st i think yes they should encourage it. To its not encouraged because its not part of a politics that centers on the idea of transforming brazil in rio into a technology and science juggernaut and i think that really is the future that the country needs to focus on amongst other things obviously but i think technology and science is the key to the future for the country. And part of that issue is immigration and theres a study that you may have heard about this theres a study out of u. C. Berkeley that looked at startups in the Silicon Valley from 1905 to 2010 and of all the start up companies they looked at over 51 percent were started by immigrant founders. So if you dont have immigrants even in the United States the Silicon Valley doesnt exist so immigration is a key to transforming any nation israel is also a perfect example i mean israel is despite the fact that you saw whats its jewish its jewish religion but the fact of the matter is its a multicultural approach to technology and science in israel people all over the world have come to israel to create israel and i think we can do that here i think we can give people more of the world to come here and transform this country in this city in particular into a juggernaut for the grand challenges facing mankind in the planet that have to do the grand challenges facing mankind and the planet at 6 thats a very big and noble aspiration you know its a prop are the problem one of lets call it laziness in other words you can also make a buck just chop down more rain forest which is relatively easy to do and theres a big demand for that what most people think of brazil they think of the Amazon Deforestation has expanded rapidly over the years should the forest be chopped down and sold for toothpicks it doesnt make sense environmentally what about economically it doesnt make sense if you economically either its a one time shot that will go away and theres been the basically no benefit. We dont need more land for farming we dont need more land for crop growth or brazil has plenty of land for that as metaphoric its not even you know fully bridge built out in terms of agriculture of infrastructure they dont need the amazon rain forest to do that the rain forest is much more valuable as long as it remains untouched. And thats part of the challenge i mean obviously we have people who dont believe in Climate Change these days running things so its its something that has to be negotiated and can and you have to convince and educate people that theres more value there so i mean i think theres plenty of arable land without without devastate forestation right sells alouettes them why do it i think theres a bit of a monkey see monkey do mentality with respect to brazil as a develo