Friday, July 10, 2020

Keiser Report | Turning junk into $$ | E1541

from RT:

In the second half, Max continues his interview with Raoul Pal of Global Macro Investor and Real Vision Group. In this segment, they discuss sophisticated investors’ packaging risk and dumping it into pension funds.

CV-1984: China Rolls Out Test Of Digital Currency In Four Cities, Western Businesses Testing

by Aaron Kesel, Activist Post:

After the coronavirus caused China to shut down most of its businesses, and cities, the country is now striking back hard by releasing a digital currency and national blockchain.

China’s central bank The People’s Bank Of China, began testing its new digital Yuan’s interface on April 14th with one of its largest banks, the Agricultural Bank of China, rolling out a test UI. Two weeks later, there are reports that a pilot has been launched. Nineteen restaurants and retail establishments including popular Western restaurant chains like Starbucks, McDonald’s and Subway are participating in the test, Bitcoin.com reported. The test run is taking place in at least four cities in China—Shenzhen, Suzhou, Chengdu and Xiong’an, according to China’s central bank which confirmed the test of its new digital Yuan officially called “Digital Currency Electronic Payment (DCEP)” to the Wall Street Journal.

Keiser Report | The Everything Bubble Turns (Almost) Everything Bailout | E1531

from RT:

In the second half, Max interviews entrepreneur and former commodities analyst, Josh Crumb, about the bizarre situation in the oil market and how our financial system has created this situation.

Keiser Report | The Bermuda Triangle of Pandemic | E1522

from RT:

In the second half, Max interviews James Howard Kunstler of kunstler.com about the long emergency happening now. Though Trump wants it to be a ‘short emergency,’ the Covid-19 pandemic has exposed the impossibility of the structure of our economies.