A humiliating resound in defeat in 2016 a lot of people arent allowed to say anything publicly anymore about very basic things so 1st before i get to what Johns HopkinsUniversity Says about the situation globally regarding covert in particular the u. S. And its failure to deal with it is that dr David Nabarro of the World Health Organization special envoy on covert 19 he was interviewed by andrew neil on spectator t. V. Now and you know Everybody Knows was you know at the b. B. C. We had some huge shows like did some really powerful interviews and he talked to this guy from the World Health Organization and basically dr David Nabarro tells andrew neil we really do appeal to all World Leaders stop using lockdown as your primary control method in his exact words or paraphrased say is that we at the World Health Organization do not advocate lockdowns as a primary means of control of this virus. He the reason why he says that is because they predict a doubling of the poverty rate in the next 12 months and a doubling of childhood malnutrition so there are costs to our ramshackle lockdowns and our failure to stop this pandemic right there is the population as the negative Interest Rates were forecasting you know in summer of 2019 but see what youre describing there what thought the came to my mind is that we in the United States and other countries dont do nuance very well its always very good bad right wrong stop go in its not very subtle there are no shades theres no discretion theres no self autonomy and i think were going to Start Talking about masks here in a 2nd and the thing about it is that there is an element of commonsense to it that is being completely overlooked because its not something that can be dictated to in a purely binary black and white fashion and in the in that confusion the vagueness is this growing problem its just the fact that we no longer have adults in the room were not allowed to have a conversation we cant have to be so you cant even discuss the un itself says they said this back in june that 6000. 00 infants a day are dying now because of malnutrition 2 to the absence of of basically the u. N. And other organizations being able to deliver food and prenatal care to their mothers and stuff like that but if you say that then you get the platforms right because well you you want old people to die in america like theres no discussion able to have that we have to look at the whole Balance Sheet of the world and our domestic economies and say well you know. Whats the reality here which is the truth and how do we proceed from here so like everybody has been saying that donald trump is responsible for the 200000 dead but the fact is america doesnt have the manufacturing capacity so even make p. P. M. That was from the beginning from day one we saw what was happening both on the federal level state level and local level why didnt we why were we unable to shut down well because we couldnt produce masks right we couldnt produce personal Protection Equipment thats why you still can see from those early days World Health Organization and other sort of bodies like the c. D. C. Saying masks arent necessary dont use mass because there was a shortage of them but they didnt want to openly say that i dont know whether its they just didnt want to you know bureaucrats dont like to be looked like theyre failures or that they didnt want to cause a panic i dont know but the fact is we didnt have any sort of honest discussion about the reality of our situation that we find ourselves and thanks to our absence of manufacturing thanks to our just in time Delivery System thanks to our food system that delivers mass obesity to the population which is also leaves the population so vulnerable and huge relatively high mortality rate in the u. S. For a while it comes to moral hazard you know when the pandemic 1st hit back in february the question i posed to the global audience was will this be a crisis sufficient enough to overrun the ability of Central Banks to paper over the crisis because for the last 30 years every crisis weve had whether its a market crash or the 2000 subprime crash or a hurricane or ecological or depopulation or wars always been met with paper printing by the Central Banks and as long as the Interest Rates keep going down theres no penalty for issuing all that paper as weve seen now for 40 years Interest Rates of gone down so now here we are in. In the end of the year the question again is is the cove in a crisis big enough to not be able to be fixed by Central Bank Money printing and i think what were discovering is that it is quite the answer is yes because now were starting to see the bond market tick down were starting to see Interest Rates go up if that 40 year bull market ends because of cove it that means that the global g. D. P. Roughly 102110 trillion dollars will be cut in half in what people around the world are feeling as a result of this failure of paper money to fix the problem is they have a feeling kind of like theyve contracted a flesh eating amoeba right so they see the part of their leg is being destroyed by this flesh eating amoeba and the question always is do we cut it off do we do it take the leg off when we take the leg off film going to cure it i wanted to like oh well now its up your hip and youre saying oh no what now what we do i go i cut my both my legs off and unfortunately the policy makers are arent in a complete trance theyre not acting their money printing isnt working and thats only thing that they know how to do theres no cure so this is you know i think could be the end of the bond bull market which has been more than 40 years in the making so lets look at what the new england journal of medicine says and they refer to some Johns Hopkins center for systems science and engineering and their data look at the data across the world and the title of this report is dying in a leadership vacuum basically says that the u. S. Leaders have taken a crisis and turned it into a tragedy and of course you can look at it federal state and local i mean look at new york city look at what new york did you know super resistance super democrat super like the smartest guys in the room and yet they also failed they had one of the highest rates of mortality in the United States the magnitude of the failure is astonishing according to the johns. Center for system science and engineering the United States leads the world in 1000. 00 cases and deaths due to the disease far exceeding the numbers the much larger countries such as china the death rate in this country is more than double that of canada exceeds that of japan a country with a vulnerable and Elderly Population by a factor of almost 50 and even dwarfs the rates in lower middle Income Countries such as vietnam by a factor of almost 2000 covert 1000 is an overwhelming challenge and many factors contribute to this severity but the one we can control is how we behave and in the United States we have consistently behaved poorly its systemic at this point its almost 50 years of an all female age and we were the kings of this age and it left us very lazy and left us ignorant we dont even know how things get produced anymore and that showed we we have an absence of expertise anymore you know everybody wants to be a celebrity politician and you know be as wealthy as nancy pelosi and be in power for decades where we dont have that sort of authority and expertise nobody wants to actually run i mean government thats so boring and tedious and just dull like low income compared to what you can do you know hanging out with lobbyist and stuff like that but you know when they point out the vietnam our mortality rate is 2000 times higher than they had of course you have to point out that vietnam is the number one country in the world with the least obesity so you know these are the sort of things we should be asking cable news of course is a clown show so theyre not talking about well why does vietnam have the least amount of obesity in the world and why are we were not the highest that were certainly in the top 10 percent so why you know how does that happen is that our food system is that in this industrial sludge we all eat like what is it so were not having that remember the phrase disaster capitalism. There are a lot of good crisis go to waste i mean that was the arrogant montra. Of these obese political leaders who felt that this keep printing money and no matter what the disaster be falls on us we can always print more money and pocket it put it in our pockets and the velocity just goes to 0 we just trouser all that cash well now called it is just flipped on its head and now the obese are going to lose and those who are not obese like the bay the maze looked like they could be weak winners of course we also like pushed out billions of 1. 55 in the p. P. P. Loans but it went through banks so Something Like 200000000000. 00 never even got there because the banks couldnt even be bothered even though they got to keep like a huge percentage of it and then here we have the Health Insurance companies so they go on to say that we failed at almost every step and like in testing that they do more tests in zimbabwe kazakhstan and ethiopia than we do here because the profit right they dont theyre not going to do it for it because of the Public Health emergency they have to do it pretend to do it but they cant charge 10000. 00 like they normally would because they dont get out of bed for less than 10000. 00 a day right and those countries dont have meaningful Central Banks that they can just print all day long and print the money away they actually have to be responsible and they have to live within their means and they have to obey a basic rules of accounting speaking of accounting we have to account for the fact that a break 1st be taken right now and then we come back after this dont go away. Elaine. Those silly laws about the vilest of all the ill just. Keep on the one mic i want to quiet while you know who the hell out of the. Clear we hope will be but they were here are also friends so that the us are still so that the souls will hoping to do something this year. Which will. Be a valuable album about the life of the simple dollar the cell phone and i was able to put them on the back you know but there. On. The world is driven by a dream shaped by fun person. Who dares thinks. We dare to ask. Room welcome back to the kaiser report im max kaiser time not to go to steve king author of debugging economic seas now living in thailand while riding out the storm of incompetency of covert policy across europe welcome back steve gain good to be sort of you and i have a really good well i want to get your perspective faris a thailand that many people are talking about thailand they have mostly eradicated cove it what is your life like in thailand or restaurants open lawless shops is life relatively normal what did thailand do differently to absa down from what you fled stave well make life is completely normal to next i mean its just being out sokal right around to dick sucking i was going to have dinner julie really supposed to talk to you instead you know what having walked inside the restaurant and show temperature taken by what her standing the aussie. Example tourists and everybody is wearing a mask as they walk into the restaurant they sit down and say im off when theyre eating i go to a gym nobody wears a mosque inside the gymnasium you wear a mosque in public transport and that is very useful in case there is any Community Outbreak whatsoever they have been streets homes in the last 4 months when somebody has been in the country with coded 2 or quarantine breaches one was a mystery prize after 100 days 0 cases occurred because of those because those people were all mosques when they went into the you know Shopping Centers everybody in the shop you know where in the mosque so when people who can tell you just couldnt possibly under all the people so the grand total the number of people in thailand its been laid bare about its population is the same as the u. K. Office 65000000 total number of people 3652 at least a 1000 of those. Of concert carmen st john who deaths 50 not many countries in the world have positioned this crisis as something of a 0 sum game you have to decide whether you want your economy to be working functionally or whether you want your citizens to be healthy is that true and that doesnt appear to be that case at all in thailand what one of these countries getting on steve well its that basically realizing this is that ultra contagious disease that there are all the sorts of thing its just the flu its its about 10 times as deadly as the flu and about 10 sponsors contagious and so if youre if youre late one casts get into the community its not the little what they call the hours around which they give a series of one person in 63. 00 it tends to be one person gets into a crowded venue and effects 300. 00 or so that one tries to fit in it just explodes and what trauma and has done what one has done about music almost to start mongolia they had them they went for eradication and that means a high total lockdown well only the people who got essential jobs are working at it by a central jobs on and it will during surgery nurses and doctors. People making by sea food and doing food deliveries those are your essential industries you keep your monitor and says those people rate their you know every every day you make sure no outbreaks occur and within 2 weeks if you do it strictly enough within 2 each going to notify the only group that actually having a months there is families and households of those for the transmission of that everybody else can go back to work again a couple weeks off of that and its gone and that is pretty much what tom has done it wasnt quite that foss but they broke the country down in their 860. 00 foggles. Districts nobody was allowed to travel between those districts without a good. And including a note from the gulf on up so it was only food delivery and all that went between provinces alternately it was stamped out and it no longer exists in the country and if rest of the hold on that code would have been. Is could have been as brief as a one of the hot months to 2 month process and its and then nothing to our ego in the future because of this child abuse how often looked down upon the west as don its a process which is going on now for at least a year possibly 2 years kind of demonstrates a very different way of governing a nation. And style of governing a nation and i want to you know Stacey Herbert my son for came up with this kind of idea simultaneously interesting its almost as if you know after world war 2 you had one country standing and you had essentially japan and been wiped and what wiped out europe had been white and the u. S. Was the winner of world war 2 and it went on to have what we call the American Century and it was uniquely positioned for this the the american system of government in that the the economy the people the character it all fit into place they seemed almost as if this coven 1000 crisis is a similar in that world war 2 and that now weve had this enormous Global Pandemic a global war of lobel crisis and as we head out from the crisis some countries were in a great position and they will lead the 21st century and some countries didnt approach it in a way that made any sense and theyre going to be left behind so that the u. S. Looks like its going to be left behind in a country like china looks like this will be the chinese century coming up and that the covert exposed or revealed a system of government that was uniquely positioned unqualified to deal with this global crisis. We are thoughts and. I mean i remember way back in about february been following this courtesy of Rudy Christmas and some morning about the virus ending up with a picture of the end of december. And i said at that sign that was likely given the incredibly strong lockdown the seanad did which is draconian i literally did well some Apartment Building dollars shop so nobody could get out of the a pop and nothing to get in but as drastic as that was it meant they exterminated the virus very very rapidly and sean has total price count is about 90000 you compare that to americas coming up on a 1000000. Its incredible effectiveness of a top down government where people do walk the government tells them to do it has got its authority will months of course but if youve been to china been there many times now people except in the sense i said theres a it is the state has a legitimate role in china is to saudi its actually saying as a moderately benevolent big brother but you dont want to you dont want to be brothels you can see all the way mosques the way its all one person can go good day its one person and the result of that heavy handed approach is there are no no credit in shot at chinas economy is now back and were going again so it really is a sign that a strong state system is nor effective against what we face in front of office and what i think will hasten Climate Change when the libertarian sure of the site the chicken way of america but also of course of europe right its not about partisan politics either and yeah chinas got an authoritarian government but the cove in the crisis it werent for them its like i remember somebody told me once something some days are the windshield some days or the bug right its just. You know if this thing happened then the u. S. Style doesnt work in a crisis like that. But china does and now theyre really going to leapfrog