and the political class of the democrats were they as outraged as trent pulling out of syria like that and what they found is that just over 300 mile a day out of syria like that and what they found is that just over 300 miles away from the city and the small town of circleville ohio the confluence away from the city and the small town of circleville ohio the conflagration political and military seemed a distant hazy thought gratian political and military seemed a distant hazy thought i haven't followed it that much really says fran bush a circleville resident i haven't followed it that much really says fran bush a circleville resident our pastor is always saying to pray for the president and i'm trying to listen our pastor is always saying to pray for the president and i'm trying to listen and see what's going on but i get so sleepy at times i can't and

see what's going on but i get so sleepy at times i can't concentrate. you know no hey you know this is interesting for a couple of reasons concentrate. you know know hey you know this is interesting for a couple of reasons 1st of all the disconnect between the vast majority of americans and 1st of all the disconnect between the vast majority of americans and what people see on cable news is huge and what people on cable news think what people see on cable news is huge and what people on cable news think everyone should get outraged about nobody in america pays any attention to whatsoever and this is what led to traumas victory in 2016 and what's said everyone should get outraged about nobody in america pays any attention to whatsoever and this is what led to traumas victory in 2016 and what setting them up for a victory in 2020 what's interesting is that somebody from the b.b.c. you know there's a saying. for

a victory in 2020 what's interesting is that somebody from the b.b.c. you know there's a somebody from the foreign press who comes over into america i'm a from the foreign press who comes over into america and you know once you step foot into america you know you would be quickly and you know once you stepped foot into america you know you would be quickly aware of the fact that there are almost 300000000 americans that don't care about where the fact that there are almost 300000000 americans that don't care about what happens on cable news they just get from sun to sunset putting in their out what happens on cable news they just get from sun to sunset putting in their hours taking care of their kids doing their job doing the best they can and their hours taking care of their kids doing their job doing the best they can and they're living in a country that they're very happy to be living in and they don't watch cable news so the b.b.c. is living in

a country that they're very happy to be living in and they don't watch cable news so the b.b.c. is probably figuring you know we cover america all day long on the b.b.c. and it when we go to america probably figuring you know we cover america all day long on the b.b.c. and when we go to america apparently they are not really doing the things that we think that they're doing but there's the others the penalty they are not really doing the things that we think that they're doing but there's the other side too which is when i grew up in the seventy's we used to watch these programs about which i too which is when i grew up in the seventy's we used to watch these programs about how the great american next millennium what it would be was a time of how the great american next millennium what it would be was a time of leisure and that we would have time with our family and there would be these robots and stuff like that that would take leisure and then we would have time with our family and there would be these robots and stuff like that that would take care of our laundry and all of our jobs would be like we would have a lot of time. our laundry and all of our jobs would be like we would have

a lot of time like things would get better but in fact what you're seeing in mine like things would get better but in fact what you're seeing in much of the country where the deplorable xl live is that they have to work 2 or 3 of the country where the deplorable xl live is that they have to work 2 or 3 or 4 jobs that they have to run in this like faster and faster for jobs that they have to run in this like faster and faster just to stay even with their debt just to make the minimum monthly debt payment just to stay even with their debt just to make the minimum monthly debt payments on their credit cards that are needed in order to sustain their life and on their credit cards that are needed in order to sustain their life i.e. the basics the masses basic message cities food shelter i.e.

the basics the masses basic message cities food shelter health care those have to all be put to death as rats health care those have to all be put to death it's ratcheted up these costs are massive so you have people that are tired stood up these costs are massive so you have people that are tired and too tired to think because they're working nonstop and then too tired to think because they're working nonstop and that's a danger because in washington d.c. they don't have to work that hard because that's a danger because in washington d.c. they don't have to work that hard because they just live off the plunder of your taxes so they're fresh faced and and as they just live off the plunder of your taxes so they're fresh faced and and bush bushy tailed like taking all your money here they talk to another guy in. bushy bushy tailed like taking all your money

here they talked to another guy in this town a circleville ohio and he was at the pumpkin show and his name was dan this town circleville ohio and he was at the pumpkin show and his name was danny evans a construction laborer who said he was too busy with work to kenny evans a construction laborer who said he was too busy with work to care about what was happening in syria or understand i leave at 4 30 in the morning or about what was happening in syria or understand i leave at 4 30 in the morning and i get home at 630 or 7 at night i eat dinner with morning and i get home at 630 or 7 at night i eat dinner with my kids and i go to bed and i get up again he says he learns a bit about current my kids and i go to bed and i get up again he says he learns a bit about current events from facebook but he doesn't watch or read the news regularly what he says he's been events from facebook but he doesn't watch or read

the news regularly what he says he does know however is that the u.s. has been too weak for too long we need somebody like trial does know however is that the u.s. has been too weak for too long we need somebody like trump was going to stand up for our country and tell them that we're in the united states and they can't was going to stand up for our country and tell them that we're in the united states and they can't sleep with us right on banning and i'm i'm totally in agreement with banning on that one leap with us right on banning i'm totally in agreement with banning on that one you know the difference between america and europe again you know is that. you know the difference between america and europe again you know is that in america the idea is that if you lose a job you're in between in america the idea is that if you lose a job you're in between jobs in europe the idea is working is a period. jobs in europe the idea is working is

a period where you're in between vacations you know having lived in europe for almost 20 years it where you're in between vacations you know having lived in europe for almost 20 years and you see it particularly in countries like france where the whole object and you see it particularly in countries like france where the whole objective of getting up in the morning is to figure out how to get more time off how to be on vacation of getting up in the morning is to figure out how to get more time off how to be on vacation and work is considered evil and considered a complete waste of time in america and work is considered evil and considered a complete waste of time in america it's the opposite people don't even take all the days off that they're given they love the work americans love to work as opposite people don't even take all the days off that they're given they love to work americans love to work that's why this is different than country that it is they like to get up and work all day so this is not necessarily why this is

different than country that it is they like to get up and work all day so this is not necessarily a story about someone being overworked as somebody who's telling you look i don't give a girly a story about someone being overworked as somebody who's telling you look i don't give a i don't care you know i love work and i work and then just jumps make an invaluable for me to work i don't care you know i love work and i work and then just jumps make an invaluable for me to work more that's what i love about him the quote for me that is relevant is the woman who says she's our that's what i love about him the quote for me that is relevant is the woman who says she's so sleepy at times i can't concentrate and to me that is important because we so sleepy at times i can't concentrate and to me that is important because we are an empire and we are a declining empire and this is part of the way our an empire and we are a declining empire and this is part of the accumulation of gold reserves by other nations people are worried that we are in need. accumulation of gold reserves by

other nations people are worried that we are a nation of people so exhausted and so tired not only are we exhausted on a physical location of people so exhausted and so tired not only are we exhausted on a physical level at the bottom 99 percent of people who are as we said in the last episode $65.00 at the bottom 99 percent of people who are as we said in the last episode 60 percent of americans can't even pay for their current expenses out of percent of americans can't even pay for their current expenses out of their earnings so they have to go into debt these are people that are exhausted their earnings so they have to go into debt these are people that are exhausted but but but it's the. news where where are the. sasa jing and out to the people not only are people too exhausted went out to listen to the pizza to them and will 'd not only are people too exhausted now to

even listen to them and know what they're supposed to think but they've run out of ideas they you know you see that you know what they're supposed to think but they've run out of ideas they you know you see that in the russia gate stuff you see it like with crazy hillary coming out and saying and the russia gate stuff you see it like with crazy hillary coming out and saying you know her stuff against chelsea gabbert and jill stein where she's accusing them of being you know her stuff against chelsea gabbert and jill stein where she's accusing them of being kremlin. you know agents or something then you see by kremlin. you know agents or something then you see biden also doing the same thing he's like we've got you've got to send me money for my campaign because that and also doing the same thing he's like we've got you've got to send me money for my campaign because otherwise russia will take me down or something like that so they've run out of ideas on the cable other ways of russia. it will take me down or something

like that so they've run out of ideas on the cable news and here i'm going to turn to the elite class because of course goldman sachs lose and here i'm going to turn to the elite class because of course goldman sachs you know they run they there's a revolving door between the banking you know they run they there's a revolving door between the banking wall street class especially goldman sachs and the halls of power in washington d.c. wall street class especially goldman sachs and the halls of power in washington d.c. at the i.m.f. at the world bank at the e.c.b. at the central banks so there are powerful fees at the i.m.f. at the world bank at the e.c.b. at the central banks so they're powerful firm and hank paulson was at the head of the treasury firm and hank paulson was at the head of the treasury when we hit the financial crisis in 2008 and 9 before that of course he was like when we hit the financial crisis in 2008 and 9 before that of course he was at goldman sachs so

here is some of the quote from him matching this exhausted person at the deplorable person that has to work for a living here's goldman sachs so here is some of the quote from him matching this exhausted person at the deplorable person that has to work for a living here's hank paulson describing what happened during the financial crisis how a late paulson describing what happened during the financial crisis how a late night phone call from warren buffett in 2008 may have helped night phone call from warren buffett in 2008 may have helped save the u.s. economy of course this elite class writing to save the u.s. economy of course this elite class of writing in the media think it saved the u.s. economy and that has nothing to do with why that in the media. it save the u.s.

economy and that has nothing to do with why this woman in circleville ohio is totally exhausted having to work several jobs but this woman in circleville ohio is totally exhausted having to work several jobs but an october 2008 in the midst of the financial crisis berkshire hathaway c.e.o. was an october 2008 in the midst of the financial crisis berkshire hathaway c.e.o. warren buffett made a late night phone call to then treasury secretary henry hank paulson when buffett made a late night phone call to then treasury secretary henry hank paulson with an idea about how the government might be able to turn the economy around paulson was an idea about how the government might be able to turn the economy around paulson was asleep he'd had a busy night working through various policy ideas with his team to restore calm sleep he'd had a busy night working through various policy ideas with his team to restore confidence and wall street he goes on to say 1st he woke up he did on finance and

wall street egos on to say 1st he woke up he didn't know where he was who is this person warring call and he said my mom has a had no where he was who is this person warring call and he said my mom has a handyman named warren and i'm saying who it why is my mom's handyman call and a man named warren and i'm saying who it why is my mom's handyman calling me you know so he was so sleepy he couldn't concentrate playing me you know so he was. so sleepy he couldn't concentrate warren buffett got him and proposed with that tarp fund the start funds warren buffett got him and proposed with that tarp fund the start funds that instead of buying up assets why don't you just inject it directly into the bank that instead of buying up assets why don't you just inject it directly into the banks and you say ok like in the middle of sleep so it was time paulson it's not he say ok like in the middle of sleep oh it was time paulson

it's not a lack of sleep it's about narcolepsy which accompanying that would be hallucinations a lack of sleep it's about narcolepsy which accompanying that would be hallucinations so here's a guy who's mentally unstable who gets a call in the middle the night from so here's a guy who's mentally unstable who gets a call in the middle the night from the largest owner of bank shares shares in banks the largest owner of bank shares shares in banks in america if you look over warren buffett's portfolio it's mostly in america if you look over warren buffett's portfolio it's mostly banks and he is the single biggest owner of shares in banks so he called thinks he is the single biggest owner of shares in banks so he calls the treasury secretary who's a narcoleptic and mentally unstable and simplest bills the treasury secretary who's

a narcoleptic and mentally unstable and said whispers that is there 1 am you know what maybe you should just print a few trillion dollars that is there 1 am you know what maybe you should just print a few trillion dollars bail out. a bank. instead of lease hank instead of trying to do something you know structural or something that might cost me a penny this could be of trying to do something you know structure all. something that might cost me a penny this could be a great opportunity for me warren buffett just give me the money oh it took a great opportunity for me warren buffett just give me the money oh it took care of the for all and of course there are the what for they all did and all of course i don't have one of course cause i wish i could go naturally wears them but they did richard and i thought of course i want to congress own shares in berkshire hathaway and bank stocks they own way and my bank stock tons of lay all the money tons i get i don't know about any sort of health i get i don't know about any sort of mental

health issues but in terms of whether or not this is predatory or not for warren buffett to cause issues but in terms of whether or not this is predatory or not for warren buffett to call a guy in the middle of the night all the sleeping and of course reminds me of the predatory hospitals for example the guy in the middle of the night all the sleeping and of course reminds me of the predatory hospitals for example where you arrive in a perhaps a coma unconscious or you're put under an sample where you arrive in a perhaps a coma unconscious or you're put under and sedated and then they they have a fly by doctor who comes in and racks you know today did and then they they have a fly by doctor who comes in and racks you know charges you 50000 dollars for looking at your chart because he's out of network here of the same things charges you $50000.00 for looking at your chart because he's out of network here the same thing is he's hank paulson is just handed the week before a few days as he's hank paulson is just handed the week before

a few days before $700000000000.00 without any. like parameters before $700000000000.00 without any. like parameters imposed on him by our legislative bodies so congress gives him $700000000000.00 imposed on him by our legislative bodies so congress gives him $700000000000.00 warren buffett calls them in the middle of the night says hey give me it and yet a rescue center is warren buffett calls him in the middle of the night says hey give me it. like yeah rescues him but here so here's a class like we're also establishes that hank but here so here's a class like we're also establishes that hank paulson had no idea what to do with the money but oh you know we know from testimony that the reason they say salsa i had no idea what to do with the money but oh you know we know from testimony that the reason they settle on 700000000000 dollars is for the reason that quote one trillion sounded too big double on $700000000000.00 as for the reason that quote

one trillion sounded too big and quote that's all the thinking they did on this so they were out of ideas some saying like the end quote that's all the thinking they did on this so they were out of ideas some saying like the woman that has to work the man who has to work it for 30 to sustain all of this woman that has to work the man who has to work it for 30 to sustain all of this fraudulent class this plunder class there too tired to think fraudulent class this plunder class they're too tired to think here these 2 these people are too they're out of ideas they can't even think of an original idea here these 2 these people are too they're out of ideas they can't even think of an original idea and then finally tying this all together in terms of you know and then finally tying this all together in terms of you know this decline of empire out of ideas student loans crisis not mideast wars help this decline of empire out of ideas student loans crisis not mideast wars

helped army leaders exceed recruiting goals this year says this is from the army times and they say that our army leaders exceed recruiting goals this year says this is from the army times and they say that army leadership gathered to say to announce that they surpassed their recruiting goal for $21000.00 sign me leadership gathered to say to announce that they surpassed their recruiting goal for $21000.00 signing up more than $68000.00 active duty soldiers before the end of the fiscal year and that more than $68000.00 active duty soldiers. before the end of the fiscal year but the long wars in the middle east weren't exactly part of the sales pitch based on his experience the long wars in the middle east weren't exactly part of the sales pitch based on his experience visiting $30.00 to $40.00 recruiting stations osier the eventual outcomes of wars abroad areas visiting $30.00 to $40.00 recruiting stations a c. or the eventual outcomes of wars abroad are not really part of the discussion between potential soldiers and their recruiters said major general for not really part of the discussion between potential soldiers and their recruiters said major

general frank month he said one of the national crises right now is student loans so 31000 month he said one of the national crises right now is student loans so $31000.00 about the average they owe you can get out of the army after 4 years 110 dollars about the average they owe you can get out of the army after 4 years 100 percent paid for the state college anywhere in the united states so these people who are too tired to thing 2 percent paid for the state college anywhere in the united states so these people who are too tired to think the only way out of that is to go to college or rack up debts which leaves you then the only way out of that is to go to college or rack up debts which leaves you then too tired to think because if they work 5 or 6 jobs that pay off as debts and pay for obamacare and too tired to think because if they work 5 or 6 jobs that pay off as that and pay for obamacare you saying that this is recruiting people into this war that they don't even know what as the b.b.c. are you saying that this is recruiting people into this war that they don't even

know what as the b.b.c. established nobody knows what it's where there for what it's about you know wars become generic the established nobody knows what is where there for what it's about you know wars become generic and america used to be branded like world war 2 you had a branded enemy the in america you should be branded like world war 2 you had a branded enemy the germans the han there was a branded enemy now it's purely generic brand x. we don't even look at germans the han there was a branded enemy now it's. the generic brand x. we don't even look at who the enemy is it's just go pay get money pay down debt that's our common has become who the enemy is let's just go pay get money pay down debt that's a common has become and the cost of war is cheap because you just print the money like a generic brand used to be had to actually and the cost of war is cheap because you just print the money like a generic brand used to be had to actually spend gold to buy guns to go kill people now you just print money buy guns and kilby spend gold to buy guns to go kill

people now you just print money buy guns and kill people the cost of war is down in the generic war level you print debt you don't cripple the cost of wars down in the generic war level you print debt you don't print money you print death they're printing. of makes me sleepy money you print death they're printing. of makes me sleepy. to remember that it was. remember that it was.

there wasn't it was much worse. there wasn't it was much worse objectively. but there was an expectation the things were going to get better . but there was an expectation the things were going to get better. there was a real sense of. today's america there was a real sense of hope. today today's america was shaped by the 10 principles of concentration of wealth and power was shaped by the 10 principles of concentration of wealth and power. reduce democracy attack solo doubt. reduce democracy attack solo down engineer elections manufacture consent another print engineer elections manufacture consent and other

principles according to no i'm chomsky one set of rules for the response according to no i'm chomsky one set of rules for the rich opposites. that's what happened in opposites. that's what happens when you put her into the hands of a narrow sector of human you put her into the hands of a narrow sector of will which will is dedicated to increasing power for chills just as you'd expect will which will is dedicated to increasing power for chills just as you'd expect one of the most influential intellectuals of our time speaks about one of the most influential intellectuals of our time speaks about the modern civilization of america. the modern civilization of america.

the world is driven by. the world is driven by. those. sinks. the chairs sinks.

we dare to ask. we dare to ask. just so lucky just so lucky. it's a pretty silly. mistake to do a little late mother. mother.

a little golden globe. player golden globe. welcome back to the new cars report i'm max keiser to evoke a merry back to the past has a report imax keyser time now to turn to a very special guest dmitri or a lot of club. blogs. or a lot of club orloff dot blogspot dot com it's been

a few years to major nice to have you back it's great to be back with you max already spent a few years to me very nice to have you back it's great to be back with you max all righty let's get into it so you're a russian american living in st peter's but get into it so you're a russian american living in st petersburg russia what's that like in the days of the anti russia or grushka what's that like in the days of the anti russian hysteria from the so-called liberal america well action hysteria from the so-called liberal america. well i would say that it's same as ever because nobody here has any clue that i've spent i would say that same as ever because nobody here has any clue that i've spent a couple of decades living in the u.s. i just russian i live in russia couple of decades living in the u.s. i just russian i live in russia that's the most natural thing imaginable.

the united states that's the most natural thing imaginable. the united states and the madness there they it gets covered in the news but it's not of it's in the madness it gets covered in the news but it's not a major topic of interest to most russians about do only time to a major topic of interest to most russians about do only time it really comes up is when i. try talking about the united states it really comes up is when i. try talking about the united states to one of the local liberals they do exist there are few in number states to one of the local liberals they do exist there are few in number something of an endangered species but they do exist but other dramatic just really doesn't register something of an endangered species but they do exist but other dramatic just really doesn't register with the people here that

you know the united states has gone mad it's just it's not on the radar but with the people here that you know the united states has gone mad it's just it's not on the radar let's you know you wrote a n.s.a. underspent let's you know you wrote a n.s.a. to spend a while now it's called the collapse gap and that's when we 1st were introduced in the a while now it's called the collapse gap and that's when we 1st were introduced to your work and it was circulated widely here in the in the nomic just to your work and it was circulated widely here in the in the. an economic circles and a lot of the things you predicted at that time have come to pass circles and a lot of the things you predicted at that time have come to pass and so i want to get your insight into this more thoroughly so and so i want to get your insight into this more thoroughly so what's at the root of this neo mccarthy

a steria in your view in in what's at the root of this neo mccarthy a steria in your view in in america is it a symptom of the collapse that you saw coming more than a decade in america is it a symptom of the collapse that you saw coming more than a decade ago in your essay the collapse gap why have the american liberal elite a bit go in your essay the collapse gap why have the american liberal elite abandoned all reason the parent li dimitry. well and all reason the parent li dimitri. well it's because they have nothing to offer they really don't have any tricks left it's because they have nothing to offer they really don't have any tricks left they basically have to admit that everything they've tried has stay at it basically have to admit that everything they've tried has

failed and admit that you know there are a couple of nations that are ascendant don't. admit that you know there are a couple of nations that are ascendant and russia's one of them china is the other one so these if they can russia's one of them china is the other one so these is thing to do is to vilify them now with russia it's basically a lot to do is to vilify them now with russia it's basically a lot of previous investment you know hundreds of. hollywood but of previous investment you know hundreds of. hollywood movies that demonized russia. thousands of hours movies that demonized russia. thousands of hours of cable television there russia becomes blamed for all sorts of things of cable television there russia becomes blamed for all sorts of things so. russia is the prime

candidate for demonization it's so. russia is the prime candidate for demonization it's very difficult to do the same thing to china because that would be considered racist where is very difficult to do the same thing to china because that would be considered racist whereas russians pass for white people so russia's state the obvious target is russians pass for white people so russia's state the obvious target but it's sort of shadow boxing because they are really hitting russia they're pretty much like but it's sort of shadow boxing because they are really hitting russia they're. pretty much like watching each other over russia that's what it looks like from here you know and i think watching each other over russia that's what it looks like from here you know and i think that there's a point there you know these social justice warriors in the u.s. that there's a point there you know the social justice warriors in the u.s.

the hollywood liberal types whenever there is a problem the hollywood liberal types whenever there is a problem they axiomatically just point russia as the source of the problem they axiomatically just point at russia as the source of the problem and it just strikes anyone who's got any sense of history or any cannava them and it just strikes anyone who's got any sense of history or any conscious at all that just naked bigotry just make it bigotry and just said all that just naked bigotry just make it bigotry and but they but and these are coming from the social justice warriors who you know are going to eat falafel and but they but and these are coming from the social justice warriors who you know are going to eat falafel in our tofu sandwiches and drive a prius but don't seem any problem with all in our tofu sandwiches and drive a prius but i don't see many problem with just categorically castigating russians

in this very categorically castigating russians in this very almost bordering on the hysteria anti-semitic hysteria we see this realist bordering on the hysteria anti-semitic hysteria we see this rip and bigotry that's exactly the same but inadvertent hilarity a rant in bigotry that's exactly the same but the inadvertent hilarity of it is that people who are preaching tolerance for you know rainbow chip it is that people who are preaching tolerance for. you know range both genders and. you aren't allowed them to to call them illegal alien enters and. you aren't allowed them to to call them illegal aliens anymore whatever you're allowed to call them now you know if they're all. anymore whatever you're allowed to call them now you know they're all. in favor of inclusion and at the same time they're the most intolerant

people in favor of inclusion and at the same time they're the most intolerant people in the world when it comes to russia it's really remarkable and they don't see the internal in the world when it comes to russia it's really remarkable and they don't see the internal contradiction i wonder how that works i think whilst for convenience because it's political contradiction i wonder how that works i think whilst for convenience because it's political convenience well let's talk about some economic things are so russia kids selling dollars and billions well let's talk about some economic things are so russia kids selling dollars and buying gold all at the current rate russia will be the 3rd largest holder of go buying gold all at the current rate russia will be the 3rd largest holder of gold within the next few months behind only the u.s. and germany what's going on here to me hold within the next few months behind only the u.s. and germany what's going on here dmitri well russia has sold its u.s.

debt holdings 3 well russia has sold its u.s. debt holdings it is buying gold but it's also a major goal producer so mostly. it is buying gold but it's also a major gold producer so mostly it's buying what it makes it's supporting its domestic production of gold production and what it makes its supporting its domestic production of gold production now in terms of its being number 3 i don't even know if that's that's true anymore because we now in terms of its being number 3 i don't even know if that's that's. true anymore because we don't know how much gold the united states has left because any time anybody asked for don't know how much gold the united states has left because any time anybody asks them for their gold back from the united states that they have on deposit in their their gold back from the united states that they have on deposit in the united states the answer

was no sorry sometime united states the answer was no sorry sometimes they got a little bit of gold back sometimes it was the wrong gold it wasn't the gold that was put on deposit to begin with germany asked for its gold back got a little bit they got a little bit of gold back sometimes it was the wrong gold it wasn't the gold it was put on deposit to begin with germany asked for its gold back got a little bit back and then back to any geneticist quite an intellectually gauge a bust trying to write a good play trade get it right to its trade its gold. there's a good chance that the u.s.'s sold that gold holdings off to china just to keep there's a good chance that the u.s.'s sold that gold holdings off to china just to keep china from dumping its debt which would just completely destroy the united states financially china from dumping its debt which would just completely destroy the

united states financially and so ratchets up could erupt very much about could be a temporary one island to be an attempt for with go what holding. meetings but what at me what that means this that russia will be able to pull off what it's been trying to pull off which is what that means this that russia will be able to pull off what it's been trying to pull off which is trade with countries around the world using their own currencies trade with countries around the world using their own currencies while while backing the transactions with with guarantees based on gold while while backing the transactions with with guaranteed. based on gold gold reserves they're well on their way to being able to achieve that i think right hold reserves they're well on their way to being able to achieve that i think right so the dollar as world reserve currency is seemingly having so the dollar as world reserve currency is seemingly having it the days are numbered and we've got

countries like russia and china and other and the days are numbered and we've got countries like russia and china and others deciding to drop out of the dollar and move on that that is deciding to drop out of the dollar and move on that that's certainly a sea change in the global economy now it we know you mentioned just certainly a sea change in the global economy it now it we know you mention china a little bit here there seems to be a growing awareness in the u.s. i know a little bit here there seems to be a growing awareness in the u.s. now. about china is a swelling power now seen a phobia about china is a swelling paranoia at this at this time. and noya at this at this time. and you know. from an economic

perspective what i see would be a legitimate reason to to kind of feel her china you know. from an economic perspective what i see would be a legitimate reason to to kind of feed her china the chinese economy as relates to the u.s. economy i mean they're building something over the chinese economy as relates to the u.s. economy i mean they're building something over there i'm not sure the u.s. quite understands what's happening what do you see but they're i'm not sure the u.s. quite understands what's happening. what do you say. well china has the most successful economic model well china has the most successful economic model in the world ever the transition that has occurred in china to propel it from in the world ever the transition that has occurred in china to propel it from basically an economic

backwater 2nd little group basically an economic backwater 2nd little agrarian economy to the world's number one economy i would think sary an economy to the world's number one economy i would think surpassing the united states in 50 years it's been an absolutely remarkable passing to united states in 50 years it's been an absolutely remarkable state and a system that they put in place it's not communism it's not anything that state and the system that they put in place it's not communism it's not anything that karl marx or his followers could have possibly imagined you know mother taught karl marx or his followers could have possibly imagined you know mother joan was a follower a fan of peter crockett who was a socialist and her own was a follower a fan of peter cook pocket who was

a socialist anarchist. what i think the chinese model actually is if stalin isn't guess. what i think the chinese model actually is if stalin has a 2.0 with what a lot of bugs fixed and a lot of patches 2.0 with with a lot of bugs fixed and a lot of patches. it was also very successful model in the soviet union. and it was also very successful model in the soviet union while stalin was alive double digit growth every year just a reminder was alive double digit growth every year. just a remarkable achievement in terms of in terms of economic performance arkell achievement in terms of in terms of economic performance but then after stalin died christopher came to power and critics but then after stalin died christopher came

to power and pretty much wrecked the whole thing including the relationship with china but now russia's own much wrecked the whole thing including the relationship with china but now russia is also bracing a sort of stalin as a 2.0. and that sort of bracing a sort of stalin has a $2.00. and it's a very solid mix of large state oh it's a very solid mix of large state owned enterprises and a large mix of private companies as with enterprises and a large mix of private companies as well keeps they all the guard under control under political qual keeps they all the guard under control under political control up and actually manages to to manage a troll up and actually manages to to manage public affairs so that the

common good is sublevel served family affairs so that the common good is sublevel served china stands to eradicate poverty in another couple of years. china stands to eradicate poverty in another couple of years russia has made strides in that direction as well so this is a model that russia has made strides in that direction as well so this is a model that works and the united states and the collective west don't have anything at all to offer it works and the united states and the collective west don't have. anything at all to offer that is like that that is equally affected and so there cringing for that is like that that is equally affected and so there cringing and their fear full. you know that they want to somehow and they're fearful. you know that they want to somehow escape their predicament it's basically

having nothing to offer right oh skate their predicament. this equate having nothing to offer right so stalin ism 2.0 it doesn't sound like a great percent stalin ism 2.0 it doesn't sound like a great branding exercise for china or branding exercise for china or you know this is. let's dig into this a little bit so you know this is. let's dig into this a little bit so you know you have china the rise to power is you know you have china the rise to power is from. the very it's a strong armed rise from. the very strong armed rise to

power that this is a very very controlled society this is a society with power that this is a very very controlled society this is a society with very few free speech rights very few rights i and it's very few free speech rights very few rights i and they are emerging it becoming a dominant cult cond they are emerging becoming a dominant cult economy in the world and the us of course going back i mean in the world and the u.s. of course going back 5060 years we had a world war ok and the u.s. 5060 years we had a world war ok and the u.s. came out of that war with its model of friess came out of that war with its model of free speech of bill of rights etc becoming

a global standard so let's be bill of rights etc becoming a global standard so let me ask you this the the the future if it's purely economic ask you this the the the future if it's purely economic would favor the strong hand the mic would favor the strong hand some might call the dead hand of of an autocracy some might call the dead hand. of an autocracy but so is you know is the western model is the but so is you know is the western model is the us model dead completely. or us model dead completely. or will there be

a pushback so in other words you know you put me in a position where our it will there be a pushback so in other words you know you put me in a position where i'm going to have to push back and say that the the us model i'm going to have to push back and say that the the u.s. model. could could could be offer some some. could could could be offer some some. you know what what are your thoughts well i don't know i see the united states you know what what are your thoughts well i don't know i see the united states as the most you know corrupt country in the world so corrupt that they've legalized corruption is the most you know corrupt country in the world so corrupt that they've legalized corruption it's called lobbying and you know china and russia have it's called lobbying and you know china and russia have successfully combat it corruption so that they're

quite effective at this point. successfully combat corruption so that they're quite effective at this point. russia went through a period of time where they were actually. russia went through a period of time where they were actually executing thousands of corrupt officials every year but that has stopped there they've stopped executing thousands of corrupt officials every year but that has stopped there they've stopped executing corrupt officials why because corrupt officials are dead they don't exist executing corrupt officials why. because corrupt officials are dead they don't exist anymore . no whether their system is liberal or not as it is to any more. know whether their system is liberal or not as it is sighed the point because nobody is going to dictate their terms to china or to recite the point because nobody is going to dictate their terms to china or to russia for that matter from that point

a few western liberalism is just completely dead russia for that matter from that point a few western liberalism is just completely dead everybody in the world every sovereign nation in the world from now on is going to set their own stand everybody in the world every sovereign nation in the world from now on is going to set their own standards for what they will tolerate and what they want and the united states under it for what they will tolerate and what they want and the united states and other western countries will have absolutely no say. right so i guess it comes the other western countries will have absolutely no say. right so i guess it comes down to really a discussion of centralization vs decentralization and so found really a discussion of centralization vs decentralization and so far decentralization has been the winning strategy but let's go if there are decentralization has been the winning strategy but let's cut off there because right of time thanks so much for

being on the kaiser report dimitri thank you because right of time thanks so much for being on the kaiser report dimitri thank you ok that's going to do it for this edition of the kaiser report with me max kaiser and stacey or would like to thank our ok that's going to do it for this edition of the kaiser report with me max kaiser and stacey or would like to thank our guest dmitri orloff if you want to catch us on twitter it's kaiser report until i guess dmitri orloff if you want to catch us on twitter it's kaiser report until next time by. next time.

and. rational. rational.

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more than a. bit. more than a. today there are good tennis. today there are good terrorists and bad pedants the bad debt is on those in yemen the united states and bad dead it's the bad debt it is said those in yemen who the united states deems to be a threat the looked at it is some of those what in syria the cia deems to be a threat the good tennis of those what in syria the cia and the us military were

engaged in covert actions really throughout the world and the us military were engaged in covert actions really throughout the world. where they were assassinating populist leaders they were backing up right wing military where they were assassinating populist leaders they were backing up right wing military windows funding an army death squads there's no any more into those funding an army death squads there's no anymore because there's always a small out of control or a really good this because there's always a small out of control or a really good that's good for profit. and for profit. what politicians do lucian's. what politicians do you should.

put themselves on the line and they get accepted or rejected. and put themselves on the line. to get accepted or rejected. so when you want to be president or injury. or something. so when you want to be president or injury. or somehow want to be rich. and she'd like to be for us this is what the fuck i want to be. and she'd like to be for us this is what before 3 in the morning can't be good. i'm interested always in the tree in the morning can't be good. i'm interested always in the water our. first ship. the waters of our. first ship.

the pentagon says it's not ready to release video evidence to back. the pentagon says it's not ready to release video evidence to back up the claim it's killed bin laden and islamic state in syria we look at how the world cup the claimant's killed bin laden and islamic studies in syria we look at how the world's most wanted terrorist avoided detection the. most wanted terrorist avoided detection. of an equal say in the trauma room a security adviser who was charged with lying to invest on the unequalled saying the trauma room a security adviser who was charged with lying to investigators is alleges michael

flynn's testimony was altered by the f.b.i. the guy says alleges michael flynn's testimony was all. by the f.b.i. and the rest 4 year old man suspected of injuring 2 people and the rest 4 year old man suspected of injuring 2 people drawing an attack on a mosque that is a new poll finds that most people drawing an attack on a mosque that is a new poll finds that most people in the country think that islam is incompatible with the french society. in the country think that islam is incompatible with the french society.