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Simulation goes away lets find out from Stacy Herbert well max you know there was some art a few years ago when we used to be able to meet in person at that little art festival i think it was in miami we had some banana on the wall well you might say our Balance Sheet is looking like that banana meat republic budget deficit hits record 3 trillion dollars as us spends 100 percent more than it earns unfortunately due to helicopter money it is not unlikely that the exploding deficit will ever shrink again until the Monetary System is overhauled so year to date and that we have only one month left...

That we have only one month left in fiscal 2020 the us a spent 6. 05 trillion and collected just 3. 048 trillion which means that its outlays are 100 percent more than its receipts many are asking why dont we do we even collect this 3 charlie and taxes why dont we just like print money for everybody right it brings up a lot of questions you know one thing is that the deficit is to you and us more than 100 percent of g. D. P. And thats true for countries around the world and some play 20300 percent g. D. P. But whats creeping up now is the interest on that deficit even at these low low Interest...

Like oh my god this cant last and then hit 20 trillion and at 25 trillion and you know you wonder how long it can go parabolic like can it get to 100 trillion can it get to a quadrillion and the world continue as it is but if feels like you know if youre comparing it to the game of monopoly that somebody is cheating and somebody is getting free goods and services and rental income and things like that right the dice are loaded right and when the bankers roll the dice they somehow always pascoe collect free money and get another property when everyone else rolls the dice somehow they end up a p...

I am max kaiser this is the kaiser report you know the economy is a man made structure try to scott engineers financial engineers economic engineers. Thinkers. Philosophers and mayfield over time what happens when the foundation of operates what happens when this structure collapses what happens when the simulation goes away lets find out from Stacy Herbert well max you know there was some art a few years ago when we used to be able to meet in person at that little art festival i think it was in miami we had some banana on the wall well you might say our Balance Sheet is looking like that bana...

And who knows like the whole time when it 1st hit a trillion people were shocked and scared and then when it hit 10 trillion people like oh my god this cant last and then they hit 20 china not 25 trillion and you know you wonder how long it can go parabolic like can it get to 100 trillion can it get to a quadrillion and the world continue as it is but if feels like you know if youre comparing it to the game of monopoly that somebody is cheating and somebody is getting free goods and services and rental income and things like that right the dice are loaded and when the bankers roll the dice the...