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In the studio to give you the latest update and half an hour join us again. Oh max keiser this is the kaiser report you know we talk a lot on the show many years about economy and currencies and what makes a currency usually what makes a currency is scarcity for example gold is a currency its money because its scarce thats the primary reason people use it as money keynesian economics or socialism is usually unworkable because the people who are organizing it think that well you can just print all the money you need you need a program print more money theres socialism for banks on wall street a...

A very warm welcome to you youre watching r. T. International with me nicky aaron our top stories several countries declared an emergency on friday response to the covert 19 pandemic spain joined in neighboring european nations which are struggling with containment measures the u. S. Has limited travel from europe the restrictions also affect military personnel there according to the pentagon while donald trump has announced the u. S. Is stepping up its risk level and response. To unleash the full power of the federal government the effort today i am officially declaring a National Emergency. ...

We also have the oil wars going on allegedly some oil wars we have russia versus saudi arabia the price crash you know kind of started with when the opec plus when they met you know saudi arabia essentially and russia and russia decided not to cut any production based on the decline in demand out of china and elsewhere but also right after that saudi arabia offered up to a 10. 00 discount per barrel just because i guess. Theyd been solomon got a little bit upset and threw a temper tantrum so thats what happened there but you know that seismic sell off a 30 percent and then followed by a like 1...

Why do we go to war because. The key to Economic Growth is oil and energy we go to war is Vice President cheney said for the oil thats why they invaded iraq for the oil thats why trump says the one thing we want syria we really dont want to go to war with russia we want to just control the oil. And the gas and the pipelines through afghanistan so the military is really an extension of controlling a world energy and oil. Max kaiser this is the kaiser report you know we talk a lot on the show many years about economy and currencies and what makes a currency really what makes a currency is scarci...

Max keiser this is the kaiser report you know we talk a lot on the show many years about economy and currencies and what makes a currency usually what makes a currency is scarcity for example gold is a currency its money because its scarce thats the primary reason people use it as money keynesian economics or socialism is usually only workable because the people who are organizing it think that well you can just print all the money you need you need a program print more money theres socialism for banks on wall street as was pointed out recently one of the big president ial debates you know ban...