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The question is is this all prophecy is it all basically been you know for 4 days and its not a word ordained but it foretold ordained here on this show we pretty much told you all this was going to happen years ago right stacy well i want to look at a few different you know themes Going Forward and theories that have been long present and that could explain this what were seeing in the world over the past 1020 years and that is you have the 3 cities trap and we see that with this growing tension between the United States and china and the fact that we outsource all our jobs to china and the 3...

Their power and they certainly dont want to give up their 3rd element the exorbitant privilege member as the boomers who have more than any other generation really lived off that they exorbitant privilege of a total feel old based on the u. S. Dollar so i think these are the 3 ingredients coming together you know this is our theory is like looking at these 3 theories together and perhaps this could explain right well you know so things go in cycles right things go in seasons were familiar with the seasons and then there are the cycles there as they can recall cycle as a 60 year cycle in econom...

Present and that could explain this what were seeing in the world over the past 1020 years and that is you have the 3 cities trap and we see that with this growing tension between the United States and china and the fact that we outsource all our jobs to china and the 3 cities trap is the tension that arises when a rise in power is about to usurp a declining power so we do see that around the world but at the same time just as like nobody the power whoever is the power the alpha super super imperial power they dont want to give up their power who wants to give up power right the same with on a...

Fired for not properly performing their duties during this outbreak. And for all of this were joined by boom bust cohost christiane who is joining us once again from Los Angeles Christy thank you so much for joining us today. Christy after record highs on wednesday the 3 major benchmarks here in the u. S. The dow the s. And p. And the nasdaq all took early losses before kind of stabilizing in the afternoon and just taking you know fractions of a percent off but at this point do american markets actually have any idea how to react to what is going on with the quote a virus. Well at this point i...

Earlier this week we actually had an opportunity to speak with one. Out of beijing and he spoke about what is being done to make sure this doesnt have a lasting impact. In fact im just c. P. B. O. C. Chinas central bank injecting one trillion yuan or 170. 00 around 170000000000. 00 u. S. Dollars into the market to boost the could be making lending easier and if sars is of any indication remember when sars was rampant in china in 2003 the chinese economy went from 11 percent in the 1st quarter. To 9 percent in the 2nd quarter but when the epidemic was contained the growth rate bounced back to 1...