20 Burst results for "Fifty Trillion"

"fifty trillion" Discussed on WRKO AM680

WRKO AM680

10:27 min | 1 year ago

"fifty trillion" Discussed on WRKO AM680

"Around fifty trillion dollars in the American economy for you know for personal gain during a debate for all the divisive stuff she said for every day I mean this today was just disgusting she's out of the race but not really just official you know she's not I mean that is the fact that she didn't endorse somebody means that she's still in this thing and who knows I mean I don't well for everyone at eight I just friend of ours back Griffin said am I the only one that is known as Biden Warren twenty twenty is trending can we put an end to that right quick first of all she brings nothing to the table she doesn't technology would Biden tweeted now senator Warren honest to god I threw that in honest to god is the fiercest fighter for middle class families who work in Washington and Massachusetts and on the campaign trail is made a real difference in people's lives we needed her voice in this race and we need our continued work in the Senate what a state senator won't be in the vice president's chambers apparently all I mean I guess technically the vice president presides over the Senate but that seems pretty glaring to me that it will be on the ticket yeah I know that's not only that is tough that is tough but she is you're right no there's why would they first walked to could you ever trust absolutely not there's no way there's no way that you have for anywhere near you gotta pick a younger I if I was gonna pick somebody intersectional certainly but Tyson will be somebody like Kamala Harris somebody younger somebody who will check some more intersectional box is probably too much of the interview hi Liz if you were vice president what are some of the things you'd want to percent get out get out with your crap I mean the second you start spotting any of the stuff that everybody rejected even by you would have to reject it well yeah you see in the end you're right about that you know that's a great point actually by admin cellphone off script a couple times as VP and because it ministrations were hardly ever biting look at a real like literally and given the be quiet your member that one day there were I forget there on some stage in Biden's it's on the started laughing and and all Obama grabbed him by the arm like cut the slap and you don't hear from him for a while after yeah they close boxed him up and put him into the station time out for like a year it seems like he's caught up on now Syria at some point he jumped forward in Syria we jump the gun on yep which worked in his favor actually but let's take some calls what do you make of Elizabeth Warren's statement and the fact that she's out Steve's in Braintree speed your necks of B. B. and Shattuck you're an RKO Hey buddy how are yeah the war path from the walk out the no path the water campaign down banks well the boys are not going to rub your face in it but I believe we told you last week the Bloomberg was gonna be done that both money doesn't equal because we're not gonna take credit for that we're going to let that one slide even though we just did you too for do you and finally I love how everyone's jumping on the bandwagon of this doddering old fool let them vote in Michigan and everywhere else and let Bernie get a percentage of delegates which you will and then watch what happens in a one on one debate because the moderators can try to hide things by only asking one question the problem is Bernie Sanders of ninety of his ideas are it's a damn good debater Hillary Clinton was very good on the debate stage can be a good debater Steve he was a terrible debater last week I mean his debate performance was awful and that didn't help me I think what they they kept asking the socialist questions now we have a much bigger broader there's no one interrupting it's one on one so his problem was everyone was attacking him coming in from different angles bit by doesn't know how to do that first of all in the moderators wall so this is completely unscripted event for Bernie Sanders where he can turn any topic and you're very good at that by the way on to what he wants to talk about and Joe Biden has been up you've got issues because he can't we've seen what we're basically seeing someone in the what is potentially the early stages of failure to match it sad I think it's pathetic that and I think people know that in the campaign that's why he's being you know shot are sold around by grand off guild Biden did you ever alone every leave left anywhere but this time he's one on one on a stage and watched the buyer's remorse come the following week because Bernie's not going anywhere he's gonna jump enough delegates that when Biden implodes and you've got three or four months before July to implode and he's going to be establishment can't they should pick someone else going with Joe only you know but Steve I agree with a lot of what you're saying but it's where you're going with it Bernie's gonna have delegates but for nothing they they're never never gonna have Bernie Sanders be the nominee they're not they would rather have a not early stages of their late stages of dementia by then a Bernie they will not allow Bernie to be the nominee they will go brokered they will pick somebody else it will be Bernie ever now that will cause riots it's great you fine if I had ever happened it's going to be buying one question I heard I some guy tweet out that your member was but if I was by his handlers I'd I'd have him sick on March fourteenth yeah no I don't have them in that debate I've been saying that you take them out of the bait totally you don't have any any scrum you can have to do some rallies but they've got to be scripted rallies in you can hand pick some journalists to come in in two interviews in the you gotta pick the most sick of fanfic journalist possible but that's it you got it he needs to be closer he needs to be behind the rope nobody can get to him what's the right word but what he does he he's bipartisan is on the decline rapidly he is not ready for this stuff he is physically not capable and he is not he is not the sentient enough it is mine right now to be doing this he has he does not have campaigning skills anymore okay spend to much time on by today but it's it's very it's related I think that's one of the reasons Warren today was reticent not step aside the reason why she need me again because Biden is is what she's missed read everything from the start why would you subscribe to that theory if that turns everything she start going through this process has been wrong so then she would be wrong again number one number two today isn't about buying this is about shoveling dirt on the Warren campaign enjoy it while you do is it over though yes he's over yes anything can happen in the convention you know no matter can't decide you're going to have the votes you know yeah he if he doesn't have nineteen hundred ninety one than it does in that he doesn't have the votes you know my superdelegates there aren't there also understood ever total you see right now add seven hundred two if that's how many he's got all of them what that's not gonna change folk well that'll change if you're convinced for two reasons I could change one if you're convinced that brings people set out in the election sixty percent of the voters said that they will set up the auction he sets out this election is over that will also change if if it looks like Joe Biden is it has lost his mind completely and that could happen at any time and then they can draft anybody made peace back in eight minutes Liz Warren could be back in and all these people have a shot at that if they have to stop Bernie and he's a last one standing of course I can do it by the way if I want any Democrat right now and you saw that these the party was successful in keeping costs out of the next debate I would raise hell it is disgraceful but getting back to warrant she's never she is once a cyborg she is the terminator she is it doesn't matter you have a thing in the crusher the little red alert red eyes still it it doesn't matter she the her whole life all the stuff all of the calls do you me the the the edge of the middle class all of that B. S. I think only the Earl smelled who said today it's all for this and so she's not she's not done she's done this changed I I I disagree you said yourself that they're not gonna let me have it so I'm going to lead by now that it's over one less fighting as a stroke or something I'm gonna be it doesn't matter how foolish he looked on TV or in debates that he would have never been picked you couldn't look worse than the guy did he was talking about phonograph records teach inner city kids out of speak what it couldn't be worse than he's banned and they still gave it to him it says it's a long personal you've got a number of months they would dominate Jill Biden after that little thing with pushing the woman back like it certified now it warns done she's out they don't like progressives really Biden in think that he is that he's the guy because they just decided where were you Tuesday Shattuck did you did you read about it like we would only or something if he thinks that there are squirrels in his pants and he's trying to you know running around the stage screaming eventually they're going to have to have another huddle and say okay this guy is lost completely he's got serious problems you can see it in his eyes he's not ready for primetime in the concert scene when you're telling me I heard six months ago and I was saying it six months ago they don't care do you get it the democratic swamp came back eventually they claim what is they say is rightfully theirs they're back in business and by the way is Bernie is right about this did you notice the market yesterday the market like that because Joe was nothing Joe is just what they wanted to be in Joe's not going to change anything that's a batch you pretty good line by him he is status quo he is swampy establishment but the establishments too much for Bernie it is you don't don't tell you pipe it up right now do you understand do you want him today the one who's seemingly standing erect anyway and is saying words at least a fifth of which make any sense that guy is not gonna be the same guy a few months from now okay we diminish greatly not only think that's going to make them change in any way shape or form enter the flowers for Elgin on stage where he's not beating the most out of the main reasons more and eventually Democrats are gonna say this guy is not going to win it because nobody's going to turn out for him where were you in nineteen ninety two you in Russia with Bernie nineteen hundred ninety until I was getting signatures for H..

Griffin senator Warren official Biden
The Consciously Spiritual Life

Daily Breath with Deepak Chopra

05:28 min | 1 year ago

The Consciously Spiritual Life

"I'm Deepak Chopra this week. We started exploring seven secret of this up. Every life is spiritual and yesterday we started to compare or lineup. The universal lose of creation with the person today will pick up where we left off a rule number. Six universal rule simple forms grow into more complex forms simple forms so you know you started life as a single cell ones multiply this one multiplied fifty times to give you the fifty trillion cells in your body which is more than all. The stars in the Milky Galaxy is knows years cells within those organs fingernails hair follicles brain genitalia. All from one simple foams grow into more COMPLEX FORMS. They just give you an example. What's the personal of that? Your inner awareness is always evolving. Just leave it alone. Just get out of the way. That is what I mean by choices awareness and subtle intention. That leads us to universal rule. Number seven knowledge takes more and more of the every day. You expand your knowledge. How does that affect into a Bushel? The direction of life is from duality which means separation in the direction of unity. Unity consciousness that loans to universal rule number eight evolution develop survival traits that perfectly matched the environment and ego is perfectly designed to fly in the sky. Fish is perfectly designed to live underwater and amphibious perfectly designed to move from water to land and back and put flowers perfectly designed to bloom in the spring. So how does that apply to your personal life? Ruined number eight. If you open yourself to the force of evolution it will carry you where you want to go. All you need is subtle intention letting go and choices awareness. You do this every night when you go to sleep your intention then you let it go and your body say in the morning when you move your balls you do the same thing otherwise if you try to audio constipated and at some level you're making heartbeat but you not even aware of it so you see evolution to take you wherever you want to go. Universal rule number nine the chaos of evolution. In fact one said you must have chaos within you to give birth to a dancing star. Curiously sue creativity. How does that apply to a personal mind and personal evolution? The fragmented mind CANNOT GET TO UNITY? Her mind is fragmented. It's conditioned it can get you into unity but all you have is your mind so you have to use it and how do you use it by watching it by not manipulating it by observing it and then realizing that the observer of the mind is not the mind and therefore you as the observer of the mine is free of the mind? Universal rule number ten many invisible levels are involved in the physical world so they are leaders of existence. The physical layer of existence the energetically of existence the mind layer of existent the intellect layer of existence the eagle of existence the soil level of existence and then universal existence. So what does that mean? It means you are currently living in many dimensions. All at once living at the physical level living at the mental level emotional level psychological level intellectual level ego level so level and so the appearance. That you're just trapped in space and time as a physical entity is an illusion that you're trapped in. If you follow these ten principles you will see it. They represent ways to conceive of the operating system of life that keeps one reality going well experiencing itself in maximum diversity. You are the one being experiencing maximum divorced. So this is what it means to live life

Deepak Chopra
The Most Complete Brain Map Ever Is Here: A Fly's 'Connectome'

Daily Tech News Show

02:17 min | 1 year ago

The Most Complete Brain Map Ever Is Here: A Fly's 'Connectome'

"Move onto brains. Shall we scientists from Google Jelly Research. Campus in Virginia have published the largest ever high resolution. Three d map of brain connectivity from roughly twenty five thousand neurons inter fruit fly using the technique colleen connect connect connect connect onyx. Yes the latest connect dome home which is what that particular map entails covers. Roughly one third of a particular fruit flies brain previously the roundworm C elegance had its brain completely completely mapped in this way for a little bit more complex though the scientists sliced sections of the fruit flies brain into twenty micron thick pieces. That very very small streamed streamed electrons from a scanning Microsoft into the micron pieces of micro microscope rather than process fifty trillion. Three pixels. They're known as Vauxhall's news with an algorithm that traces the pathways of each cell. No fruit flies. You might wonder why the heck of fruit fly. They work well for connect comics because they have very small and relatively simple brains but they happen to display complex behaviors such as courtship dances between replies. This is something I didn't know until today at the data from the project is available for anybody to download. If you are curious man we. We actually studied the little fruit fly wiggles in science class that I took one time The mating dances and stuff replies. They display a lot of very complex behavior so they they're good for lots of studies in genetics and makes them. I'm good candidates for something like this. The controversy is among scientists. Who say you know? We've been doing connects for almost fifteen years now and what we got out of it. The answer is well. We haven't really done enough. Mapping yet it's takes fifteen years for for this kind of stuff stuff to start divulging the kind of data that's useful but there is a question right now like okay. Now we've got this this data available. Anybody can get it. Will there be anything. Come out of it. Will we have any developments that use it but even so I just think you know the idea of doing this. Kind of Three D. Mapping and scanning his is fascinating. Even if it's just for a genetic and atomics for for mapping those

Google Virginia Vauxhall Microsoft
Perfect Health: What is the Quantum Mechanical Body?

Daily Breath with Deepak Chopra

04:09 min | 1 year ago

Perfect Health: What is the Quantum Mechanical Body?

"Today the question. What is the Quantum Mechanical Buddy. By the way I've been criticized a lot for using the stem quantum mechanical body deep particularly by quantum physicists. So I want you to understand that when I use the Word Quantum mechanical body. It's as a metaphor and naught as the calculations of quantum mechanics. We begin this work by understanding the basic principles of what I call the body of Energy and information the quantum mechanical body. That is a network of intelligence. This network talk of intelligence is not just the brain. But the entire body all of its more than fifty trillion cells it responds immediately immediately to a slightest thought and emotion and gives rise to the constant flow and change that is our basic nature. So just remember but there's no experience that does not have an imprint on the body. There's no expense mental or perceptual. That does not leave a track on the brain and ultimately on even our gene expression and the metabolic processes of our body. One Way to understand this is to realize that a body is the metabolism of every experience every experience shifts the body in one direction or another. You cannot see your quantum mechanical body because it is made entirely of of faint vibrations fluctuations in the field of consciousness. But you can be aware of it keeping your senses keenly attuned to the most fundamental subtle experiences that you have both perceptual and mental and unemotional. This activity is more basic than either matter or energy. How do we get in touch with this mental mental level of healing which I referred to as quantum healing one of my earlier books which is still current and has has a new introduction by Rudy. Tanzi my collaborator was a geneticist and neuroscientist at Harvard University. St and he has connected with me in all three books. SOPA super jeans and the healing south on on the deeper aspects of healing. Now getting back to what I call unto meeting the channels of healing includes seven techniques six bunch of Karma which literally means the five actions. Meditation which have spoken about extensively in which we do who here on a regular basis healing sounds which healing by Britain's healing virtualization Marmot Tapie which is the equivalent of acupuncture aromatherapy. which is how the sense of smell affects? Why autopay DASA's so floral and prouty essences. They have balanced but the shop shop stimulating essences all aromas which spicy and abundant. They helped balance. Cough are those show. And Cooling Aromas like peppermint spearmint Sandalwood Balance Pita though show music therapy. There are many forms of music. Derived from a discipline called Gun Tara Beta which affect the different though. Shas so music. That stimulates metabolism tablets. Music that cools metabolise music that balances hyperactivity

Cough Harvard University Rudy Sopa Britain
"fifty trillion" Discussed on 77WABC Radio

77WABC Radio

05:07 min | 2 years ago

"fifty trillion" Discussed on 77WABC Radio

"Health care nineteen percent of our economy or more I am a miracle of health care the reason I'm sitting here today is because the ability of the American healthcare system to find and to solve a problem that used to be a life and and they do it quickly and they don't push in the front of the line there that goes in there that fast but it's expensive it's very expensive given the quality of research that's behind the solutions in modern health care Elizabeth Warren finds that unacceptable she has now subscribe president Warren has subscribed to Medicare for all I'm a Medicare recipient plan B. you pay for it you it's a supplement to your insurance works fine doesn't bother me however Medicare for all in the words of senator Sanders who was first at this and now senator Warren is an exceedingly expensive item dwarfing my understanding of the word trillion at the same time at the same time it does not in any way speak to what I just witnessed this is the when there's a problem they move you throw it they respond immediately you don't wait in lines and you hear about how long it takes to get an MRI in Canada or an MRI and the United Kingdom sout Lizabeth warns Medicare for all will it work will the American people embrace shortages and black markets and work arounds and penalties because we know that that is what has followed one pair system in other states it will not work it will be tremendously in massively expensive she can't pay for country to her own claims and it will result in John I I hate hyperbole because it's it's just you so often but when I say that Elizabeth Warren's proposal will lead to the destruction of the American healthcare system this is not hyperbole this is the reality of where her public policy would take us now why is that let's dissect it first of all what single payer systems invariably rely on as you've noted is rationing because what you're saying is you're going to have a good which government will control in which people will have access to without any cost under her plan apparently what that's going to lead to invariably is a spike in demand for healthcare now unless we magically clone many more doctors and magically create many more health care institutions like hospitals and doctors offices we're going to figure out a way to limit access to healthcare and that's what single payers our system specialize in rationing they essentially say okay you will only get access to health care under these conditions only if you have this kind of illness at this level of severity and if you look to the United Kingdom where you look to Canada countries that have single payer health care what you see is a very stark example of what happens when government begins to limit access to healthcare that's the first thing the second thing is it's horribly expensive now was standing with Elizabeth Warren says her plan will cost fifty trillion dollars and it does the war for understanding of the of of what a trillion dollars or fifty trillion dollars looks like and the third thing is you know how do you pay for now her plan seems to magically save it costs will be controlled I'll give you a very small example of this administrative cost she likes to talk about how under her plan administrative costs would be so much lower lower because the government would would would take over that would mean that private greedy health care insurance companies would be out of the way okay let's assume for a moment that you would get some administrative savings from going to a Medicare for all program I don't agree with that sentiment but let's just assume for a moment most estimates suggest that the administrative cost of having private sector insurers involved is somewhere around twelve percent most reasonable estimates from think tanks like the urban institute say that a Medicare for all system could cut that to six percent what is Elizabeth Warren assuming her plan she assumes that administrative costs would decrease to two percent there is no universe first of all where that happens second of all it's disingenuous of her to argue that she can cut costs that significantly but third of all it leads us to the inevitable conclusion that her plan is going to end up costing a lot more than she says it will so the cost and the access to care that's just the tip of the iceberg John we could talk about many more challenges with Medicare for I think we scared them enough well hi Lani chan is the David and die and Steffi fellow an American pollen Policy Studies at the Hoover Institution he is the director of domestic policy studies and a lecturer in public policy program at Stanford University I am John bachelor almond the Hoover Institution campus this is Stanford University in Palo alto California thanks to my sponsors Scala dot com a global technology firm transforming the retail space with digital signage and I'm John bachelor.

fifty trillion dollars nineteen percent trillion dollars twelve percent six percent two percent
"fifty trillion" Discussed on News Radio 920 AM

News Radio 920 AM

04:44 min | 2 years ago

"fifty trillion" Discussed on News Radio 920 AM

"To bill Gertz he has a new book all about China inside communist China's drive for global supremacy it's called deceiving the sky and if I did I don't think people really understand what China is and what it is growing into no I am I had a question about the intellectual theft you you'd be a prop intellectual property theft a big chunk of that is you know you guys talked about these real kind of overt actions affect where they're taking things and stealing things that hacking and doing these actions that are you know blatantly criminal but there's another big chunk of this which is essentially American companies agreeing to these standards to go over there to access this market and you know they should be the China basically says safe unicorn sell your products we gotta gives the tactic that technology and a lot of American companies they complain about it to our government but they wind up doing it anyway I mean isn't that a huge part of this problem absolutely I I have a friend who recently retired from fortune five hundred company in China American company and he explained that the Chinese you know this is basically a country with no rule of law but they exploit so called law for their economic benefit and in one case what they did over there was they require they passed a law that said all foreign companies must share their intellectual property and court information and data but the thing is they never enforced it and but it was always there and this guy said if they enforce that no company could do business they could not give up that intellectual property but that shows you the kind of coercive measures and because I legal efforts this used to gain of power over American because the is it coercive because these companies for instance Google is shameful and so is Facebook Google in particular they just want access to the mines and the information and so they're willing to do business with these guys because they want to mind that information they want that their algorithms to get better and and they they're just going over voluntarily to do this I mean I think these guys are going to be remembered like **** collaborators in the absolutely yeah absolutely this is a huge problem and again it's it's a result of this legacy of unfettered engagement the government was telling companies for decades just don't worry about the threat from China there's no threat just go invest over there again that's changing and when the government it tells you that something the threat we're starting to see some of these companies pull out then again it may be too late in the sense that they've already tell it so much in the case of Google I highlighted in the book how Google was totally Craven in agreeing to develop a censored search engine for China so that China again it could contribute to China's high tech totalitarianism to block sites and things that the Chinese did not want the Chinese people to see and our vice president pence gave a speech last October October of last year in which he said Google should get rid of this they shouldn't be doing this unfortunately I think and then Google was called before Congress and said well no we're not doing this but I think the damage has already been done and that they probably hired many of the Google scientists who were developing this censored search engine known as dragonfly so where do we stand with China you know this this trade war and this Cold War that were having try you know China buys a lot of our stuff from our farms it's a treat centric the we're really hurting other there China they you know you never know what the truth is with China but you know they they have I saw a trend just yesterday that consumers are starting to use instant bill noodles Gertz suggesting is the name of the instead book is deceiving of factual the noodles sky over in China if which you want to know is what cheaper China really so it is shows that it maybe they're you starting know after to hurt you play ball for the NBA down at the you might want to pick the this the very book up bottom before they're you building make an apology go cities they printed it some say up to fifty trillion dollars in cash and put twenty five trillion of that in their own the the police businesses is a ton of programs and then the other you can four watch twenty five on trillion demand apparently they at put the police in dot U. S. com stocks slash and TV bonds and you can watch and every things episode in the west of for the record and watch exclusive documentaries one of those buildings the draw.

"fifty trillion" Discussed on 600 WREC

600 WREC

09:15 min | 2 years ago

"fifty trillion" Discussed on 600 WREC

"Who stays behind there are so many stories today this Biden trump story is really important because we're headed towards a banana Republic he did you have a **** Pelosi said Nancy Pelosi said she wants she wants you to be able to indict a sitting president yes what it can you have one man and I do all man off that's all you would have to do in order to shut down a US president is it starts some kind of proceeding against him we are just headed towards a banana Republic and it doesn't seem that they anybody cares doesn't seem like anybody cares also I I don't know if you saw the news there's too disturbing text or three disturbing tech stories that came out one we are six months away from deep fakes see I think was about three years ago I started saying twenty twenty you will see the brakes and they will be pushed to the forefront because of the election we are six weeks away from undetectable deep fakes being everywhere. the next story is Google's quantum superiority. I don't know if you saw this but it looks as though in an unverified it was put up by NASA and then taken down NASA and Google have been working together all the government working together with Google Google has been working with Nassau on quantum computing. quantum computing they in this in this report that came out and then was taken down by NASA immediately so we we don't know if it's been verified yet but it was released to were really they say the quantum computing capability now they solve the problem that would have taken. fifty trillion hours for an average computer to do fifty trillion hours. they solved it in thirty seconds with the new I think it's a fifty four cubic computer fifty three quibids cubits cubits yes yeah yeah and then it's separate experiment something that takes ten thousand years to perform its quantum circuit one million times that would take a super computer the world's best super computer right now that we know of ten thousand years to do it took the Google computers three minutes and twenty seconds. it's incredible yeah it's incredible and the final and we get to these the top the are the final disturbing story is how the constitution is a thing of the past going to be replaced by algorithms. perfect perfect we have that coming up in just a second first I wanna go back to the other story we're gonna be covering this tonight on blaze TV and I urge you please subscribe to the blaze TV if you're not already a member please do it we are currently working on your lot Mar we're going to go back and work on the Joe Biden thing we're gonna show you the the chalk boards and show you exactly what is happening and it is your subscription that helps pay for those things and we could really use your support and by subscribing you're getting now Dave Reuben mark live in Stephen Crowder you're getting this show you're getting access to so many different voices this is the largest platform now of of conservative voices it's blaze TV go to blaze TV dot com please sign up and support our voices as we support freedom of speech plays TV dot com slash gland use a promo code let you'll save ten percent okay so tonight I'm going to go over all of this and I'm gonna tie it all together with the whistle blower but I want to give you the outline here of of what this really is this whistle blower on trump in Ukraine what they say is he wanted dirt on Joe Biden well I don't think it's unreasonable to for the United States president to say. did was there. dirty dealings going on with Joe Biden and his son in Ukraine and if so we would like to know the information now I don't like it being used for political reasons but the questions should be asked now Joe Biden says he threatened them he threatened them well there's no evidence of that the foreign minister said that's not what happened so where is your evidence on that this is just trying to turn this around to make it look like Donald Trump did something to kick dust over what Joe Biden did now Joe Biden said on the record he's never talked to his son about any business dealings none. I want you to ask yourself if that sounds reasonable. as soon as as soon as the the vice president was sworn into office in two thousand nine John Kerry step son and hunter Biden Joe Biden's son decide they're going to go into business together and they're going to do a private equity firm now and none of them had any private equity firm kind of experience at all so we're going to we're going to do this. all right now there's nothing necessarily illegal about the business deals I'm gonna tell you about even though even if the wheels of these deals were greased by John Kerry and Joe Biden in Ukraine and China. but it is such a blurry ethical line I don't even know how you make heads or tails of this what hunter Biden did may actually technically be legal but it is not something the vice president should ever allow on his watch. all right I'll get to the rose when rose one Seneca company but the first stop on the bidens a corruption Tory is Ukraine. two characters you need to know about former Ukrainian government minister Mikola jewels that ski and an old guard named I **** Kollam always ski I guess he's the head of a response now this is the gas and oil company it's the largest private natural gas company in the Ukraine. so this coal mosty takes over Burris mud is Zola Chesky created Burr is mine two thousand six and he created it through a complicated web of off shore maneuvering it's very common in Ukraine and business practices but it ended it it ends up being run by this this all a dark I'm just going to call him I your I ****. I **** the ola dark he now runs this offshore business. and it's the largest gas company in Ukraine. all right. this guy has a very shady violence reputation his thug resume is extensive he is also on a government vis a ban list so he can't even come into the United States he can't legally visit the United States that's how bad this guy is. when Russia invaded Crimea in two thousand fourteen president Obama made Joe Biden the point man for the Ukraine so Joe Biden was on the phone with the Ukrainian leaders two or three times a month he made five trips to the Ukraine between twenty fourteen and twenty seventeen now foreign policy magazine said no one in the U. S. government has wielded more influence over Ukraine then president vice president Joe Biden in twenty fourteen roughly a month after their Russian invasion. yeah mon archer here remember him he is the partner with the Kerry and Biden boys. Devon archer visited Joe Biden at the White House remember this is the partner. so we don't know what the meeting was about. they probably were just you know zero exchanging tales about out crazy there boys are and but five days later five days after the you know exchange of the cookie recipes in the White House Joe Biden landed in key for a high level meeting in with the Ukrainian government officials. he brought with him specific plans for a program to assist the Ukrainian national gas industry. as well as details of a billion dollars in U. S. insistence in loan so I'm bringing.

Joe Biden Biden hunter Biden Ukraine president vice president Google banana Republic NASA United States John Kerry Nancy Pelosi White House Kollam Ukrainian government twenty twenty partner Crimea
"fifty trillion" Discussed on KNST AM 790

KNST AM 790

01:48 min | 2 years ago

"fifty trillion" Discussed on KNST AM 790

"In gold as much as I buy it is a insurance policy against insanity and I've said that for a long time and people said to me well you know when you're in your open goal when you I don't know gold is really done well for me and I think it is done well for those who have invested in gold. I don't ever plan on selling my gold I hope to pass it on to my family in case insanity pops its ugly head in their lifetime but with the way everybody is spending the waves China has printed listen to this please hear this printed fifty trillion dollars out of thin air so you know all of the money in the world all's currency from all companies all put our country's put into one heap. is about sixty trillion dollars they printed fifty. imported into the economy. here. and at their home. that's a recipe for insanity. when the value of the dollar. begins to fall it hurts all of us and that's where gold comes in the value of the dollar has fallen so much that if you had a twenty dollar gold piece you could go in and buy yourself a nice suit in the eighteen eighties. the twenty dollar gold piece well you can still walk into some of the best men's stores around and put down a twenty dollar gold piece about sixteen hundred dollars and buy yourself a really good suit. gold hasn't changed the value of your dollar has changed that twenty dollar gold piece is no longer worth twenty dollars it's worth about sixteen hundred dollars. that's how money works that's how how gold works.

China twenty dollar sixteen hundred dollars fifty trillion dollars sixty trillion dollars twenty dollars
"fifty trillion" Discussed on Newsradio 970 WFLA

Newsradio 970 WFLA

02:37 min | 2 years ago

"fifty trillion" Discussed on Newsradio 970 WFLA

"Now I know you tell me what's wrong here's Bernie Sanders audio of Bernie Sanders yesterday trying to praise communist China what we have to say about China in fairness to China and its leadership is often not mistaken they have made more progress in addressing extreme poverty than any country in the history of civilization okay Bernie I think you I I do not think those words mean what you think it means what he didn't talk about was that it is the free market principle that China's started to enact that they got from us it wasn't communism never before in history of so many people escape poverty such a short time in the past decades in China okay according to the official World Bank figures the percentage of extremely poor people in China in nineteen eighty one was eighty eight point three percent by twenty fifteen only point seven percent of the Chinese population was living in extreme poverty now wait a minute poor people in China fell from eight hundred and seventy eight million people to less than ten million people since nineteen eighty one now what happened what happened well under Mao the state had you know an independent grip over China's economy what happened over the last few decades can be summed up in a couple of sentences China embrace the tenants of a free market economic system it introduced private ownership gradually reduce the influence of the once all powerful state over the Chinese Akon Akon to me now they're still here still communist and it is still state controlled much of it but you also have these independent companies these companies that are not collapsing these companies that are run by the state are collapsing as we pointed out earlier this week China had to print fifty trillion dollars fifty trillion half of that went right to the state owned companies that are dying the.

Bernie Sanders China World Bank official fifty trillion dollars seven percent three percent
"fifty trillion" Discussed on KDWN 720AM

KDWN 720AM

01:33 min | 2 years ago

"fifty trillion" Discussed on KDWN 720AM

"But here we are twenty seventeen pew poll here's part of the problem sure the just fifteen percent of Republicans supported paring back the escalating costs of Medicare and social security bring down the deficit there is no doubt desire none to cut spending none there's no pressure on Congress to cut spending none there's no rational discussion about this in the media at all be blamed on trumpet should be blamed on all of them quite frankly both parties all leaders both parties all leaders there is no budget control act anymore there's no budget control anymore right now the fiscal operating dead is twenty two trillion dollars and massively expanding the unfunded liability dad is over two hundred and fifty trillion dollars they don't even tell you about that all they ever do is talk about the twenty two trillion fiscal operating that they never tell you about the unfunded liabilities they complain a we can't control entitlements then you ought to ask them what does that contribute to the death they don't wanna talk about because they might have to do something about so when you add the twenty two trillion dollars let's just round it off to two.

Congress twenty two trillion dollars fifty trillion dollars fifteen percent
"fifty trillion" Discussed on KDOW

KDOW

02:34 min | 2 years ago

"fifty trillion" Discussed on KDOW

"They my question is about therapeutic looks like they're a peanut allergy therapy is going to go to market this year. And they've got. A couple of others in the pipeline. And they're looking pretty good financing wise just wondering what your thoughts with you. I think it stocks too low as part of the bear market biotech. And yet I believe that there. Peanut allergy's repeated allergy peanut hook hairs peanut allergy here the story here. The story all about peanut allergy painted allergy eligible. This is so stupid. So all you had to choose to have my chart. It turns red. There you go when they pulled their money out. You knew that the only allergy had he had a stupid allergy. That's what they're buying the peanut allergy this guy at a stupid allergy that she should call the country. Anything stupid allergy? 'cause I got it. It was putting the money out. But I didn't know that. I didn't know they're pulling. Well, I designed to chart with the algorithms to tell you. They're pulling the money out. It's unbelievable. Okay. So I want I want to finish up the stupid wall. Put the five trillion five billion in perspective. Now already told you the five billion needed to build the wall. If you look at our national debt, okay? That twenty two trillion is four thousand four hundred times bigger than the five billion needs to build the wall. That's pretty stupid. Isn't it? Now. Again, the twenty two trillion and get we have our national debt again, putting perspective just how much twenty two trainers the five trillion. The president is asking for the wall. That's cute. Tach of one percent of the twenty two trillion national debt. Okay. Now, here's something even more stupid social security fifty trillion. This is why the market goes down. Because this is the problem is debt is all about debt and when the market dropped in October. It was about get it was about debt. So now, we got social security. We don't know how to pay for its unfunded. We gotta come up with fifty trillion dollars. We don't have to pay for it. But let's put it in perspective. That's a problem hen house and ties bigger than the fight over funding. So you see how insignificant despite shouldn't we be working on the problems of this country? Shouldn't we by the.

president fifty trillion dollars one percent
"fifty trillion" Discussed on Talk 650 KSTE

Talk 650 KSTE

01:49 min | 2 years ago

"fifty trillion" Discussed on Talk 650 KSTE

"Because their tactic is not to cooperate and get anything done. Bill O'Reilly back in just a second with more the state of the union and Nancy Pelosi's cancelled trip, and so much more Bill O'Reilly, the news of the week is digest which happens every Friday here on the Glenn Beck program. You're listening to Glenn back yesterday. At this time, we told you what China was doing. There's another report out today about the Chinese and one fifth of all houses are sitting empty and in basic default. Nothing's happening one fifth. That's probably like every American house. We told you yesterday dumped fifty trillion dollars into their economy into their banks. So people could pay their taxes. This is bad. The petrodollars probably on the ropes soon. What does all of this mean? Chaos chaos. I would diversify diversify diversify. Gold is one of the things, but bitcoin is another, but you need to understand crypto currency in the role. It's gonna play please take. The course now smart. Crypto course dot com understand about blockchain and what cryptocurrency is whether you invest or not is your own business, but you have to. Understand it. I smart. Crypto course dot com. Take it. Now. He is the author of the New York Times bestseller killing the SS. Forget more from Bill O'Reilly and just. NBC News Radio. I'm mutual.

Bill O'Reilly Glenn Beck China Nancy Pelosi New York Times NBC one fifth fifty trillion dollars
"fifty trillion" Discussed on KNST AM 790

KNST AM 790

01:44 min | 2 years ago

"fifty trillion" Discussed on KNST AM 790

"Done. Bill O'Reilly back in just a second with more the state of the union and Nancy Pelosi's cancelled trip, and so much more Bill O'Reilly, the news of the week is digest which happens every Friday here on the Glenn Beck program. You're listening to Glenn Beck yesterday. At this time, we told you what China was doing. There's another report out today about the Chinese and one fifth of all houses are sitting empty and in basic default that nothing's happening one fifth. That's probably like every American house. We told you yesterday dumped fifty trillion dollars into their economy into their banks. So people could pay their taxes. This is bad. The petrodollars probably on the ropes soon. What does all of this mean? Chaos chaos. I would diversify diversify diversify. Gold is one of the things, but bitcoin is another, but you need to understand crypto currency in the role. It's gonna play please take. The course now smart. Crypto course dot com understand about blockchain, and what crypto currency is whether you invest or not is your own business, but you have to. Understand it. I smart. Crypto course dot com. Take it. Now. He is the author of the New York Times bestseller killing the SS. Forget more from Bill O'Reilly in just a moment. Donald Trump's America with.

Bill O'Reilly Glenn Beck China Donald Trump Nancy Pelosi New York Times America one fifth fifty trillion dollars
"fifty trillion" Discussed on KNST AM 790

KNST AM 790

12:57 min | 2 years ago

"fifty trillion" Discussed on KNST AM 790

"Joining us. Justin is part of my research team. He watches the economy and kind of the overall global scope of technology, and the everything everything that we're talking about basically and tries to tie it all together. And I wanted to bring him in today and talked a little bit about what's just happened in China that no one is talking about. I mean, we can talk about Nancy Pelosi and Donald Trump locking horns fine. Don't do the state of the union. I think America will cheer. That's not a punishment. Nancy? That's a present. But you're going to hear a lot of coverage on that. That's not important. This is listen. So. Yeah. Over the last several days just some really interesting kind of red flag signals coming out of the Asian markets to really important reports came out we've had significant drops in the Baltic dry index, which is one of the global indices that a lot of analysts will look at it. And certainly one that we track here, but it had it's what is the Baltic dry index in case. No. So this is all of the shipping that comes out of the Baltic Sea in terms of industrial production grain, and you look at that index for what is happening in that sector of the world, the Eurasian sector of the world for everything that they're manufacturing and exporting to the world economies like Korea, Singapore, certainly some of the former Soviet states produced significant amounts of steel of other commodities grain and they export that to the world. Then they're heavily reliant on those exports for their income, whereas we're consuming income. There are empty. Export incomes. So the Baltic Bryant. That's something that world economy's really need to pay attention to when there is a slowdown in that index. And it's reported every month that is a very strong sign that there is a slowdown in manufacturing globally. People. Don't need the iron ore and people don't need the other commodities other coming out of those markets and then very specific economies like Korea, South Korea, and Singapore are two of the largest technology manufacturers in the world in terms of exporters. And both of those countries reported a slow down pretty significantly the Baltic dry index dropped by seventeen percent hold on. One month, which was the largest Trump drop in one month since the financial crisis of two thousand nine so fairly significant warning sign and something that, you know, certainly if you are invested in stocks overseas and equity markets overseas, definitely something to be paying close attention to the thing that I found really disturbing is the amount of money that China has now just poured in to their economy. Now, we do this with the fed, and it's it's not healthy. But we did this with the fed with. Want to say tarp it it's not tarp. It's what is it? Not stimulus when we reporting it in. Yes. Yes. Quantitative easing. Thank you quantitative easing. We did this for several years. And we were putting about eighty billion dollars a month, and basically printing money and throwing it into the economy to stimulate things or or buying bad assets. And putting them under an umbrella of of assets when they were bad they were failed crap. And that way, you could pump money into the system. Well, we thought it was dangerous to do eighty billion dollars a month. To the tune of about three to four trillion dollars, right and the end quantitative easing where we've ended up so the fed has been slowly unwinding its balance sheet is dumping now fifty billion dollars a month. Into the market so selling off the debt it had acquired right and it's selling most back into the market team. So we we did we did anywhere between four and seven trillion dollars. And that was insane. In the last four days. China has pumped fifty trillion dollars into their market fifty five zero and it's effectively the same mechanism. So what China is doing is. They are the central Bank. The People's Bank of China is printing money to buy assets. Now, that's the way they refer to these things they are buying bonds corporate bonds, mostly in government backed companies so very different from how we are in the United States, but mostly it is a central Bank buying bonds to own part of companies that are already owned by the government anyway. So you have a Bank that's owned by the government printing money to buy bonds in banks that are owned by the government and China's claim over the last several days is that they've done one point one trillion dollars of direct Bank bond buying to pump liquidity into the market. So that Chinese citizens have. Money to pull out of banks to pay their taxes. This is the shell game. That literally is in there is in their report. So think fifty trillion dollars in four days so people can pay their taxes. Why not just say you don't have pay your taxes here? It's the same money. It's the same money. So if anyone wants to look this up, this is publicly available report, it is called the People's Bank of China financial stability report two thousand eighteen and it just came out a few days ago, though. So no, we usually don't trust. You don't take these things at face value is they don't have to tell the truth. And so they usually make a lot of this stuff. But you know, when it comes to how their economy is doing etcetera etcetera, we take it with a grain of salt. So they say it's always in their favor is always in their favor. Look stronger wrecked. So when they're telling you, bad news. It's really bad. And so here's how they've done this. If you look at the first few pages of this report, you'll see tables where the Chinese government is claiming that the balance sheet of the People's Bank of China is six trillion dollars. That's what's on balance sheet. Very much like are fed does our central Bank says we have four trillion dollars of assets. Again, we printed money to buy bonds of assets on our balance sheet now, so you remember the sympathies in context in two thousand eight remember all those crappy loans all the CDO's orchids back security all the crap that was not worth anything that everybody was defaulting on those were the assets that we bought the troubled asset relief pro correct? So they bought all of those troubled assets and said, no, no, no, we're gonna shine these up. It's not that bad, and we're going to count them as gold over here. So we've got these assets. That's what China's doing except to the tune of fifty trillion. But wait, there's more. So the the interesting thing is to find this this money, the fifty trillion dollars that they've just reported for the first time. It's the first time it's been in this report you actually have to dig to page sixty four. So again, anyone can go download this it's widely available but on page sixty four of the financial stability report of the peak of People's Bank of China for two thousand eighteen you can find this data in addition to the fifty trillion they've had added they already had forty two trillion and they record these as off balance sheet assets, not on balance sheet. So that everyone knows what they are. They are off balance sheet assets, totaling ninety two trillion going back all the way to the financial crisis. There's a second set of books. Now, if China is admitting this imagine how bad it actually is. What do you think is happening in China? And how much of this has to do with trade? And what does that mean to the average person here? So China is a very interesting market when you think about bankers who worked for state owned banks, and when you think about. Companies the president's and and accountants for these companies that are also owned they know they're running bad loans. But if you run a bad loaning, China, you go to jail, if you bad-loan here, you just get out of the market, and you know, no one trusts you with money anymore. But in China you and your family end up in prison if your loan defaults. So what China does is just continues to refinance old loans that were going bad and weren't performing and couldn't possibly raise new debt on the open market, and they just print new money to roll over these old loans. So it is not new financial assets that the central Bank is buying its loans from, you know, eight years ago that we're still bad and art performing and they just refinance that loan for another five years and just keep rolling it and rolling and rolling it. The interesting thing of the ninety two trillion dollars of off balance sheet assets. And this will be familiar to us because of the the two thousand eight two thousand nine financial crisis about sixty four trillion of that ninety two trillion is mortgage backed securities. Oh my gosh. That is. Is what the Chinese central Bank is continuing to refinance are all of these ghost cities that they are just rolling over those loans over and over and over again. So what we did to the tune of a few trillion dollars. They've done to the tune of sixty four trillion. So what does that mean to the average person? What should that tell you? Right now, there's about twenty two trillion dollars of foreign investment money in China. So this is money that came from businesses private investors in the United States. It came from hedge funds. It comes from our central Bank and other large banks in the US investing in China. It comes from companies like apple that have significant investments in those markets, and when China begins to unravel those assets will not be allowed offshore the twenty trillion dollars of investment that sits in China from the outside half of it from the United States, China will just seize that they'll just say you can't take this money back that money has to stay here. So there is a significant risk profile for a lot of companies apple probably being at the top of that list. As far as I'm concerned of companies have invested massive amounts of their US-based capital or western based capital and have invested in China for manufacturing purposes. China's starts to go unstable. I mean, what is the what do you have any idea yet on what you think the straw? That's gonna break the camel's back. Is it going to be Brexit is going to be uprisings in Europe? Will it be Germany or Italy or China or Russia oil with Saudi Arabia? What what is it? These are great points. Any number of these could be that spark that really starts the fire. A certainly Italy is is in a serious banking crisis. Right now that that it's just seems like it's been ongoing. So no one's talking about. But it has gotten so much worse. Just in the last twelve months compared to where it was Saudi Arabia and other great example, taking on billions of dollars of debt basically every month because they're they need oil to be at seventy five to eighty dollars a barrel to be profitable with it. Saudi Arabia is in trouble. Saudi arabia. Saudi Arabia goes unstable God help anyone in the Middle East. They like them don't like them. They are stability. This is them being stable mature understand. Okay. What it's like when they're not stable. They're princes like capturing other family members and holding them hostage at the four seasons is the time because they need the money right there. Taking they're taking the money. So we are on the edge of something. And we just had who was it. That was on the show last week stew that said we are looking at a category six storm, and I asked him where would you put the great depression and he said category five so he's he was predicting something much more significant than the great depression. I feel that is coming as well. But I am a catastrophe st- what to you with all of the research that you do and you're pretty optimistic guy. You're just a realist. What do you think is coming? Sure, we certainly could see something on the scale of the great depression over the next several years. It is certainly possible. What has been amazing? Even though we're seeing a significant economic slowdown globally right now is how resilient the US markets have continued to be an awesome. You know, they've gained back fifty percent of what they lost from September October. As now been recovered. We are a Fibonacci ratio as far as that recovery goes. So as long as you have assets invested in the United States, especially safe assets here, you're probably weather that storm as well as anywhere you could in the world. Justin. Thank you very much..

China Bank of China United States Saudi Arabia fed Justin Baltic Sea Nancy Pelosi Baltic Chinese central Bank Baltic Bryant government America Donald Trump Korea apple
"fifty trillion" Discussed on Talk 650 KSTE

Talk 650 KSTE

02:21 min | 2 years ago

"fifty trillion" Discussed on Talk 650 KSTE

"In about thirty minutes, we have Justin Wheeler on he is my econ guy. And he is. He's gonna give you the state of the union in the state of the economy here in a nutshell. I in in just a just a few minutes and give you a couple of things that you may not know about for instance, did, you know in the last four days, we have the Bank bailouts, and then we had the the the fed giving more money every month. We were doing about eighty eighty billion dollars eighty billion dollars a month. Eighty billion dollars a month. And that's the fed just printing up money. We got up to about seven trillion dollars. I think we're down to about four trillion. That's still out there. Well, yes, China just did something in the last four days. They just pumped in fifty trillion dollars into their economy in the last four days. They're in trouble. What does that mean? We'll tell you a minute. I will tell you that everyone is devaluing their money. This is not going to last it just it doesn't last. It's never in the history of the world ever worked. Now. Maybe we've taken some genius pills. But I'm watching the people in the banks, and I'm watching the people in Washington and people in China, and Germany and England and everywhere else, and I don't see any evidence that they've taken genius pills. So what happens? Well, one of the things you need to know about his crypto currency and bitcoin and we've asked. An investment advisor. And one of the best guys on crypto currency out. There is Thika to worry. He talks to the people who are actually the movers and shakers in this. And he can explain what crypto currency is how it's used what the future looks like what blockchain is how it's going to change lives. Not talking about investing talking about understanding the future, take the smart. Crypto course right now and understand the future smart. Crypto course dot com or you can call eight seven seven PB L back eight seven seven PB L back. It's smart. Crypto course dot com..

Justin Wheeler Thika China advisor Washington England Germany four days eight seven seven PB eighty eighty billion dollars Eighty billion dollars eighty billion dollars fifty trillion dollars seven trillion dollars thirty minutes
"fifty trillion" Discussed on KNST AM 790

KNST AM 790

02:21 min | 2 years ago

"fifty trillion" Discussed on KNST AM 790

"So in about thirty minutes, we have Justin Wheeler on he is my econ guy. And he is. He's gonna give you the state of the union in the state of the economy here in a nutshell. I in in just a in just a few minutes and give you a couple of things that you may not know about for instance, did, you know in the last four days, we have the Bank bailouts, and then we had the the the fed giving more money every month. We were doing about eighty eighty billion eighty billion dollars a month. Eighty billion dollars a month. And that's the fed just printing up money. We got up to about seven trillion dollars. I think we're down to about four trillion. That's still out there. Well, yes, China just did something in the last four days. They just pumped in fifty trillion dollars into their economy in the last four days. They're in trouble. What does that mean? We'll tell you in a minute. I will tell you that everyone is devaluing their money. This is not going to last it just it doesn't last. It's never in the history of the world ever worked. Now. Maybe we've taken some genius pills. But I'm watching the people in the banks, and I'm watching the people in Washington and people in China, and Germany and England and everywhere else, and I don't see any evidence that they've taken genius pills. So what happens? Well, one of the things you need to know about his crypto currency and bitcoin and we've asked. An investment advisor. And one of the best guys on crypto currency out. There is Thika to worry. He talks to the people who are actually the movers and shakers in this. And he can explain what crypto currency is how it's used what the future looks like what blockchain is how it's going to change lives. Not talking about investing talking about understanding the future, take the smart. Crypto course right now and understand the future smart. Crypto course dot com or you can call eight seven seven PB L back eight seven seven PB L back. It's smart. Crypto course dot com..

Justin Wheeler Thika China advisor Washington England Germany four days eight seven seven PB eighty eighty billion eighty b Eighty billion dollars fifty trillion dollars seven trillion dollars thirty minutes
"fifty trillion" Discussed on News Radio 690 KTSM

News Radio 690 KTSM

12:12 min | 2 years ago

"fifty trillion" Discussed on News Radio 690 KTSM

"Saint Jude dot org. So this is all of the shipping that comes out of the Baltic Sea in terms of industrial production grain, and you look at that index for what is happening in that sector of the world, the Eurasian sector of the world for everything that they're manufacturing and exporting to the world economies like Korea, Singapore, certainly some of the former Soviet states produced significant amounts of steel of other commodities grain and they export that to the world. And they're heavily reliant on those exports for their income, whereas we're consuming income. There have me expert incomes. So the Baltic grinded says something that world economy's really need to pay attention to when there is a slowdown in that index. And it's reported every month that is a very strong sign that there is a slowdown in manufacturing globally. People. Don't need the iron ore and people don't need the other commodities other coming out of those markets and then very specific economies like Korea, South Korea and Singapore. Are two of the largest technology manufacturers in the world in terms of exporters, and both of those countries reported a slowdown pretty significantly the Baltic dry index dropped by seventeen percent hold on one month, which was the largest Trump drop in one month since the financial crisis of two thousand nine so fairly significant warning sign and something that, you know, certainly if you are invested in stocks overseas and equity markets overseas, definitely something to be paying close attention to the thing that I found really disturbing is the amount of money that China has now just poured in to their economy. Now, we do this with the fed, and it's it's not healthy. But we did this with the fed with one. Want wanna say tarp? It it's not tar pits. What is it? Not stimulus when we were reporting it. Yes. Yes. Quantitative easing. Thank you quantitative easing. We did this for several years. And we were putting about eighty billion dollars a month, and basically printing money and throwing it into the economy to stimulate things. Or or buying bad assets. And putting them under an umbrella of of assets when they were bad they were failed crap. And that way, you could pump money into the system. Well, we thought it was dangerous to do eighty billion dollars a month. To the tune of about three to four trillion dollars, right and the end quantitative easing. That's where we've ended up. So the fed has been slowly unwinding its balance sheet is now fifty billion dollars a month to the markets selling off the debt it had acquired, right? And it's selling those back into the market. So we we did we did anywhere between four and seven trillion dollars. And that was insane. In the last four days. China has pumped fifty trillion dollars into their market fifty five zero and it's effectively the same mechanism. So what China is doing is. They are the central Bank. The People's Bank of China is printing money to buy assets. Now, that's the way they refer to these things they are buying bonds corporate bonds, mostly in government backed companies so very different from how we are in the United States, but mostly it is a central Bank buying bonds to own part of companies that are already owned by the government anyway. So you have a Bank that's owned by the government printing money to buy bonds in banks that are owned by the government and China's claim over the last several days that they've done one point one trillion dollars of direct Bank bond buying to pump liquidity into the market. So that Chinese citizens have. Money to pull out of banks to pay their taxes. This is the shell game. That literally is in there is in their report. So fifty trillion dollars in four days, so people can pay their taxes. Why not just say you don't have pay your taxes here? It's the same money. It's the same money. So if anyone wants to look this up, this is a publicly available report, it has called the People's Bank of China financial stability report two thousand eighteen and it just came out a few days ago, though. So you know, we usually don't trust. You don't take these things at face value because they don't have to tell the truth. And so they usually make a lot of this stuff. You know, when it comes to how their economy is doing it cetera et cetera. It we take it with a grain of salt. So they say it's always in their favor was always in their favor. Stronger harassed. So when they're telling you, bad news. It's really bad. And so here's how they've done this. If you look at the first few pages of this report, you'll see tables where the Chinese government is claiming that the balance sheet of the People's Bank of China is six trillion dollars. That's what's on balance sheet. Very much like are fed does our central Bank says we have four trillion dollars of assets. Again, we printed money to buy bonds of assets on our balance sheet now so you remember their sympathies in context in two thousand eight remember all those crappy loans all the CD Ozark is backed securities all the crap that was not worth anything that everybody was defaulting on those were the assets that we bought the troubled asset relief. Correct. So they bought all of those troubled assets and said, no, no, no, we're going to Chinese up. It's really not that bad, and we're going to count them as gold over here. So we've got these assets. That's what China's doing except to the tune of fifty trillion. But wait, there's more. So the interesting thing is to find this this money, the fifty trillion dollars that they've just reported for the first time. It's the first time it's been in this report you actually have to dig to page sixty four. So again, anyone can go download this it's widely available but on page sixty four of the financial stability report of the peak of People's Bank of China for two thousand eighteen you can find this data in addition to the fifty trillion they've had added they already had forty two trillion and they record these as off balance sheet assets, not on balance sheet. So that everyone knows what they are. They are off balance sheet assets, totaling ninety two trillion going back all the way to the financial. There's a second set of books. Now, if China is admitting this imagine how bad it actually is. What do you think is happening in China? And how much of this has to do with trade? And what does that mean to the average person here? So China is a very interesting market when you think about bankers who work for state owned banks, and when you think about. Companies the president's and accountants for these companies that are also state owned. They know they're running bad loans. But if you run a bad loaning, China, you go to jail, if you do bad loan here, you just get out of the market, and no one trusts you with money anymore. But I'm trying to you and your family ended up in prison if your loan defaults. So what China does is just continues to refinance old loans that were going bad and weren't performing and couldn't possibly raise new debt in the open market, and they just print new money to roll over these old loans. So it is not new financial assets that the central Bank is buying its loans from eight years ago that we're still bad and art performing and they just refinance that loan for another five years and just keep rolling it and rolling and rolling it. The interesting thing of the ninety two trillion dollars of off-balance-sheet assets. And this will be familiar to us because of the two thousand eight two thousand nine financial crisis about sixty four trillion of that ninety two trillion is mortgage backed securities. Oh my gosh. That is. Is what the Chinese central Bank is continuing to refinance are all of these go cities that they are just rolling over those loans over and over and over again. So what we did to the tune of a few trillion dollars. They've done to the tune of sixty four trillion. So what does that mean to the average person? What should that tell you? Right now, there's about twenty two trillion dollars of foreign investment money in China. So this is money that came from businesses private investors in the United States. It came from hedge funds. It comes from our central Bank and other large banks in the US investing in China. It comes from companies like apple that have significant investments in those markets, and when China begins to unravel those assets will not be allowed offshore the twenty trillion dollars of investment that sits in China from the outside half of it from the United States, China will just seize that they'll just say you can't take this money back that money has to stay here. So there is a significant risk profile for a lot of companies apple probably being at the top of that list. As far as I'm concerned of companies have invested massive amounts of their US-based capital or western based capital and have invested it in China for manufacturing purposes. If China starts to go unstable. I mean, what is the what do you have any idea yet on what you think the straw? That's gonna break the camel's back. Is it going to be Brexit is going to be uprisings in Europe? Will it be Germany or Italy or China or Russia oil with Saudi Arabia? What what is these are great points? Any number of these could be that spark that really starts the fire. Certainly Italy is is in a serious banking crisis. Right now that that it's just seems like it's been ongoing. So no one's talking about. But it has gotten so much worse. Just in the last twelve months compared to where it was Saudi Arabia and other great example, taking on billions of dollars of debt basically every month because they're they need oil to be seventy five to eighty dollars a barrel to be profitable with Saudi Arabia is in trouble. Saudi arabia. Saudi Arabia goes unstable God help anyone in the Middle East. They like them don't like them. They are stability. So this is them being stable. I understand. Magin what it's like when they're not stable. They're like capturing other family members and holding them hostage at the four seasons because they need money. Right. They're taking their money taking their money. So we are on the edge of something. And we just had who was it. That was on the show last week to that said we are looking at a category six storm, and I asked him where would you put the great depression, and he said the category five so he's he was predicting something much more significant than the great depression. I feel that is coming as well. But I'm a catastrophe st- what to you with all of the research that you do and you're pretty optimistic guy. You're just a realist. What do you think is coming? Sure, we certainly could see something on the scale of the great depression over the next several years. It is certainly possible. What has been amazing even though? We're seeing a significant economic slowdown globally right now is how resilient the US markets have continued to be an awesome. You know, they've gained back. Fifty percent of what they lost from September. October of has now been recovered. We are a key Fibonacci ratio as far as that recovery goes. So as long as you have assets invested in the United States, especially safe assets here, you're probably weather that storm as well as anywhere you could in the world. Justin. Thank you very much. We're going to try to work in the next year or two to take this information and make it usable for you. Somebody who doesn't necessarily have a lot of money, and you're not playing the stock market in your nod and international investor, but what you have to do to remain stable..

China Bank of China United States fed Saudi Arabia Baltic Sea Chinese central Bank apple Korea government Baltic Singapore Chinese government South Korea
"fifty trillion" Discussed on WTVN

WTVN

01:34 min | 2 years ago

"fifty trillion" Discussed on WTVN

"Pumped in fifty trillion dollars into their economy in the last four days. They're in trouble. What does that mean? We'll tell you in a minute. I will tell you that everyone is devaluing their money. This is not gonna last it just it doesn't last. It's never in the history of the world ever worked. Now. Maybe we've taken some genius pills. But I'm watching the people in the banks, and I'm watching the people in Washington and people in China, and Germany and England and everywhere else, and I don't see any evidence that they've taken genius pills. So what happens? What are the things you need to know about his crypto currency and bitcoin we've asked? An investment advisor. And one of the best guys on crypto currency out. There is ticket to worry. He talks to the people who are actually the movers and shakers in this. And he can explain what crypto currency is how it's used what the future looks like what blockchain is how it's going to change lives. Not talking about investing talking about understanding the future, take the smart. Crypto course right now and understand the future smart. Crypto course dot com or you can call eight seven seven PB L back eight seven seven PB L back. It's smart. Crypto course dot com. Boy, I tell you. It's been a big week.

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"fifty trillion" Discussed on The Dan Bongino Show

The Dan Bongino Show

01:52 min | 3 years ago

"fifty trillion" Discussed on The Dan Bongino Show

"Social security and Medicare. These are listen, I get it. I get a thousand emails every it's I understand. I get it. Your money was stolen from you. I totally understand if you are sixty five and older living on social security. I understand your money was confiscated and abused. I get it. And given the status of your the life cycle chronologically. The fact that you were paid into a system and made a promise by government, which is our government. It's us. I fully get I understand that those promises should be made. Right. Because we elected people that screwed you over basically. But I'm telling you for people fifty five and younger, there's no money there. Forget it. Social security and Medicare Joe Lee, low end estimates of what is owed over the next seventy five years. Well, low end genuine estimates are up to four times higher than this is fifty trillion dollars. Joe that's the low end in obliga- shins, unpaid obligations in other words money. We don't have over the next seventy five years Joe to pay for that at the low end would require a sixty percent tax hike. Oh. Oh, yes. Folks, they were a sixty percent tax hike, all of a sudden, no social security benefits for people like us. You're like what my social security if I'm fifty five or okay, you're going to have to pay the tax hike is sixty percent. And you're like way way way way way. I don't want it that bad. Do you understand? How the price of government is a lie. It's a lie with Joey and smoked up. We've been lied to. And when I opened up the show today and gave you a price a price not commensurate with your demand for the show..

Joe Lee Medicare Joey sixty percent seventy five years fifty trillion dollars
"fifty trillion" Discussed on This Week in Tech

This Week in Tech

01:42 min | 4 years ago

"fifty trillion" Discussed on This Week in Tech

"I think it's so unrealistic to have kids out there in the real world engaging in systems at like meet your needs and your thoughts every few shack and then expecting them to go into a classroom where it's like chalk and staring into books and taking notes that when the human mind just doesn't work that way because our public schools are so criminally underfunded i just i think there's got to be a better middle ground here good point apple could give it to two hundred and fifty trillion dollars and a three major to every child in this country in this country will be result actually it's an interesting because apple is getting laps now they were getting left by microsoft windows the apple apple put apple twos in every classroom practically in the country twenty years ago the being lapped first buy windows and now by chrome books an apple i think is just of at this point abandoned the education market what do you think of this mind craft education addition i've i to me this is exciting and love it i absolutely love it leo on something i take a lot when we talk about mine craft super mario brothers is something that we talk about like a classic the classic an literal exponential number more children play mind crafty interact with mine craft today it has wonderful educational benefits for children with autism on the autism spectrum because they can interact with people socially and not like looked face to face and it and develop social skills upper type i think this is absolutely wonderful and i'm very happy to set.

apple microsoft windows super mario fifty trillion dollars twenty years