Off to a series of petty and threaten. And thats all from me for today show thomas will be here at the top of the hour and that will be crossing over to our colleagues at all to america us election coverage thanks for sticking with us c. E. C. Oh either a marriage dies or this is the kaiser report you know often we talk about the big reset its comin the big reset is coming stacy yes well of course weve said this was coming for quite a while but we imagine it in a different way than maybe Time Magazine might be. Imagining it and that is their cover and the reason i bring this up is because of course today is election day in the United States of america where choosing between 2 of the brightest best most vibrant of americans out of 340000000 is between trump and biden and you know the Mainstream Media seems to be betting on a biden win and theyre hedging that bets of maybe their ratings going down by hoping for a civil war to break out today and im counting on that not happening regardless of who wins weve seen a few trends happening in the weeks leading up to the selection we covered this we covered the new brand woods remember the i. M. F. Called for that about 2 weeks before the election then we saw the great reset this isnt the Time Magazine cover and thats in conjunction that they did this with the World Economic forum the most people and i want to recall so these are the things were going to be looking at in these 12 minutes we have here on the celebs so excited this break into it this is another thing this is from january of 2011 you know and we covered this and report at the time the same ones who are saying we need a great reset back in 2011 they were saying we need 103 trillion dollar credit needed to support Global Growth so thats what they were saying back in 2011 so they were saying we need a great reset the same people what makes us think its going to happen now instead of just more talked. The talk talk the thing you see in there is i think what its still reeve involves that 103. 00 trillion dollars in credit so i think theyre going to combined with the same calls and the same exact week from the i. M. F. Or a new Bretton Woods i think theyre signaling that were going to have a new brand was an a great reset you hit delete on all their bad debts the quadrillions and hex the tilia ins of bad debt out there that gets disappeared and a new Bretton Woods comes in and theyre seeing this as perhaps like one of the c. D. C. Has a Central Bank Digital currency issued perhaps by the i. M. F. Or the World Bank Global s. T. R. Maybe these are some of the ideas but i think this is what theyre seeing theyre hoping in the global institutions are hoping that this is just a moment for a great reset oh definitely it definitely will be because theyve run out of capacity to shoot it at any money now that they print goes directly into inflation and people are saying that when they go shopping they notice food prices are going up and thats why a lot of starvation in america so. I hope they reset or they could have to get a lot of body basics well of course into this election were seeing also the dramatic escalation of covert cases in europe in america so on top of this obviously the economy is not going to be able to have that sort of pretense of operating i think at the same time i know we talk in the 2nd half to kyle bass about china china is recovering china has generally had a v. Shaped recovery so they can continue to manufacture stuff for us but thats the interesting thing the great reset in a way will also expose that we dont actually have to work much in the west right we dont have to produce or create wealth because we could sit at home in a pandemic we call it lock down but the fact is we still. Get paid the u. S. Economy is still growing and so you know this is these are the election day themes that happening in the middle of a i think a declining empire and the you know the great reset theyre hoping for a right so this great reset theyve been talking about for more than that day the cove it crisis is forcing their hand and so we can expect the this to really happen a new Bretton Woods a new recalibration of the words worlds currency grid really factoring into the Global Market of gold and gold reserves is what happens during these great resets and its a great big accounting its its like the bill has arrived for decades of sloppy accounting and profit is c. And bingeing and corruption so now that the bill arrives at the big table of the reset and the global powers decide who pays what and according to what youre saying there looks like. The u. S. To pay the most because that economy is the worst in terms of how abusive its been in using the World Reserve currency the u. S. Dollar to expand its empire of. To the far reaches of the globe and the head you know many of this now no longer works right and this great reset that theyre hoping for that theyre wishing for that there are willing upon the world the new Bretton Woods in the great reset i think is also connected to that build back better you know the very mckinsey ethics sort of brave new world out sort of dystopian sayf i sort of phrase that used to exist in those horror scifi. Films that you would see when you were a child like the voice coming on build better better were here for you this community is a utopia you know so these sort of phrases think about it where who conjures up these who comes up with these sort of ideas Mckinsey Mckinsey is also listed in this Time MagazineWorld Economic form story because part of the great reset they say will be a jobs reset why intentional learning is the most important skill to learn right now right well we might not actually have wealth producing jobs for you you might not have manufacturing because you know there is a sense that america wants to be great again that americans want to work again they want to go into a factory they want to build things they want to produce stuff and not have everything coming from china instead but what were going to have instead is intentional learning and mckinsey calls this essentially although intentional learners are experiencing all the same daily moments anyone else might they get more at those opportunities because everything every experience conversation meeting and deliverable carries with it and opportunity to develop and grow imagine being on the savannah you know a 1000 years ago and theres a tiger running towards you and theyre thinking how can i use this experience to educate myself and what might be a life saving proposition i know ill run like hell and that else maybe save me or maybe not other tigers on the savannah or only lions us the question i think all the lines tigers are in india theyre in another continent really as if you know instinctually i could not possibly delve into my conscious mind enough to figure out that to save myself i would want to maybe run that. Is in. Excess a bill to my non mckinsey mind only when i plug into the Mckinsey Network of consultancy and my able to tap my own mind to think that the approaching lion or tiger would eat me and that running could be a way to escape that eventuality or as they put it a deliverable to deliverable in this instance would be me. If. I had to pick mckinsey 10000 dollar fee to help me understand that theres a connection between me surviving and not getting eaten by this rapid speed at which i can move my legs in the opposite direction thank you mckenzie thank you so much as well thats a really good point ok because what mckinsey offers is basically a way that the population is so divorced from nature production of wealth wealth creation. Real food like we have an economy based on fabricated like goopy food right the fact that we you know theyre counting on that but you wont actually know the experience you will have the instinct to run when you hear i say the governments the obvious to gaslight everybody so you know have any sense of who they are or what they do or what their instincts are and the mckinsey says when we know we have a solved problem for you we can help you understand what your true instincts are when you feel that pain in your stomach after not having eaten for a while thats called mckinzie hunger and for 10000 dollars well show you how to buy a ham sandwich in fact i believe that the United States is a government by and for the people that who is gaslighting you are those people who come up the great reset and the new brand was and these sort of mckinsey organizations that they gaslight you into forgetting that you are government by and for the people that you know this is the fun to. Mental foundation of what they want you to forget they want to kinsey the ms mers asian yes mackenzie the hypnotist patient yes to get people into a state of lifelessness and delusional selfdoubt and they only have the solutions for you at this cost so i think this intentional learning is basically them abdicating removing the last tether of responsibility or communal spirits of the government is like when they ship your jobs to china when they did that what they said is that were going to retrain you were going to rescale you were going to everybody should get an education everybody should have the opportunity to go to university and what happened is well most millennial generation z. Have up to 100000. 00 in debt for going to university and now they for merged and theres no jobs there are no jobs for it was the difference between the word education and intentional learning did you go to school for an intentional learning experience or for an education mckenzie is trying to bamboozle you by saying that our program is not about education because after all there are schools that do that and you dont need mckenzie so were going to rebrand the word education as intentional learning and you have to pay us a consultancy fee for that in fact i think theyre going to eradicate we dont need to educate you we dont you we dont even need to reeducate you just go walk around the neighborhood were going to stay educate were going to send you some free money were going to send you your u. B. I. Were going to send you some m. M. T. And just go experience the world him and dont ask questions so as to globalization to china fictitious and did dollars ation education and its dnd of this this yes that is 1st and then the 2nd half will be doing more. So what weve got to do is identify the threats that we have its crazy. Let it be an arms race off and spearing Dramatic Development only loosely im going to resist i dont see how that strategy will be successful very critical time to sit down and talk. Same wrong. Just dont call. Me. Yet to shape out these days to come to educate and engage from an equal betrayal. When so many find themselves worlds apart. Just to look for common ground. Welcome back ted to kaiser report imax kaiser time now to go to bat chief Investment Officer at hayman capital karl welcome to the kaiser report great to be here max now this interview will air on election day sell us to some spit balling hair youre a well known china bear i think thats safe to say what do you make of i would call myself a china realist a china 5 ok what do you make of china policy 1 under tromp in his 1st term what would you expect to see him if im elected over the next 4 years kyle i think what youve seen out of the Trump Administration is more of a whole of government approach to thinking about the threats the existential threats that china i think brings to the United States and what i mean by that max is there were words that we could be fighting with them one is of course the one we hope to never fire which many were where the u. S. Has a very strong were. You know the other 3 words are the economic war where we dont have a War Department cyber war which were maybe top 2 or 3 in the world and the last one is the informations last day to work where again we dont know what were so when you look at whats gone on in the Trump Administration and i think the president has pretty gather a team through his National Security council through f. B. I. Director read a through the n. S. C. With obrian. General are where and then you have commerce and energy theyve all come together to try to map out a longer term strategy i would i would give the administration. Pretty high marks on organizing against china i think theyre just now starting to really get their stride and unfortunately we have another election you outlined for you know attack vectors are i guess youre. Column youre saying that were prepared maybe for one or 2 and not for the others can you just dive into that a little bit more because it covered a lot of ground with that and i think maybe flesh that out and when you look at it the worst that were fighting with china today were fighting 3 of those 4 wars right were clearly are fighting a narrative war with with the Chinese Propaganda Department as as evidenced by their their actions their official actions on twitter there are no official actions what are the u. S. The Chinese Government newspapers and journalists in the United States and online. So that words being sought mostly by china were not we dont really have a Propaganda Department here or less just say a Narrative Department in the government that properly combats chinas aggressive narrative so the other the other war that we dont have who are Department Orders is the economic or what weve been doing is whether its treasury or whether its commerce whether its they were kind of feeling economic fly balls as they come in and its very difficult to play defense at all times which i think the United States has been doing i think we need a cohesive economic war strategy against aggressors like china and i think that whatever administration were going to now november 3rd that administration better be fielding are putting together an economic War Department to look at the malign intentions of the Chinese Communist party so if biden when do you 1st see. A shift or a change in approach to this. My only inside and to any answer that question is out what ive seen publicly so you know whether im looking at Jake Sullivans public speeches or people that will be Foreign Policy advisers the President BidenKurt Campbell takes all of that and you others they are talking a a a game. Of a harder approach toward china now max im not sure that is largely because the publics. Lets just say disinterest in allowing china to continue. Manipulate and coerce the United States were g. O. F. And in a in a in a way where theyre not when theyre not acting as a responsible global after those you probably saw in the most recent pew report china is not polling very well amongst the voters in the United States and so i wonder if the rhetoric that were hearing out of the Foreign Policy adviser regroups that bias by are playing to the polls or are they really talking because if you remember under obama and biden and again im not trying to bring to fear any more bush 43 did the same bang plant did the same thing. I just i feel like we prostrate ourselves hoping that the chinese would become responsible go whacked or would open their capital out and live live by the laws of the globe and unfortunately it went the wrong way maps and so i do think that what im hearing and what shakes element said in one of his speeches is the by an administration wont trade human rights or a trade deal now i hope thats true because were engaging with a evil regime thats committing amongst the worst crimes against humanity the planet seen in the last 100 years and we seem to just be turning a blind eye to it right now of course when china was admitted to the World Trade Organization i believe bidens comments at that time when it was presented to him that china would be in a position to become highly competitive with the u. S. And economically he kind of put a political thing and aside it was for posterous notion so we know we know that that take take me back a few years kyle because it wasnt that long ago when we spoke about the china u. S. Relationship as us glorious somebody out of relationship. Where we were sending all of the manufacturing over to china america was the consumer they were buying our treasury bills analysts all in perfect equilibrium and economists loved it so was that not true or was true or what triggered the change just seemed pretty recent that that whole narrative that same like a glorious symbiotic narrative fracture of what happened china made a lot of promises with her and she did in 2001 if you go if you want to do Something Interesting google secretary white highs or rational speech and 22. 72009 the 1st 10 years. Of chinas w t o entrance in ascendancy and when you look through that report theres a lot of great facts given thats 10 years old now but what it shows us is over 4000000 jobs last in the 1st 4 years the United States or economy hollowed out our industrial sector this idea or symbiosis or kind of a win win relationship retirement was predicated on the fact that we believe that if we open ourselves to them and show them what a rule of law she simple Property Ownership and respect human rights look like if they further democratized we could make china again irresponsible go after ar