Stacy Summary: Everyone knows the unipolar party is over; it’s just what comes next that remains to be seen.
Although Putin has no alternative ideology to offer, times have changed. This is now a messier, less clearly defined, multipolar world. It is not just that the pre-eminence of the dollar has been challenged by Russia’s announcement that roubles and yuan will be used in the oil deal it has brokered with China. It is not just that we are back to spheres of influence. It is not even that governments have become more interventionist and protectionist. It is that after the convulsions of the past seven years, it is hard to imagine a US president or indeed any western leader saying: “We know what works, the free market works.”
So RIP new world order. Born Berlin 1989. Died with Lehman Brothers September 2008. Laid to rest eastern Ukraine August 2014.
Stacy Summary: Back in NYC from an epic journey to various watery points off the east coast of America – from Bald Head Island in North Carolina to Wickford, Rhode ...
We discuss Burger King, yet another company fleeing America for yet another ‘free’ healthcare nation, Canada. Meanwhile, back in America naked incidents are on the rise and, in Europe, suicide tourism rises four-fold. In the second half, Max interviews Trace Mayer about bitcoin, central banking and geopolitics.
We discuss the high cost of helping politicians with low rates . . . from the increase in the cost of raising a child to the Greater Depression in Europe. And yet, it is the voter who reelects the politicians based on cheap money induced house price rises. In the second half, Max interviews filmmaker and bitcoin enthusiast, Julia Tourianski, about her online video, The Declaration of Bitcoin’s Independence.
We are excited to announce that our CEO James Dimon has joined Twitter. This account is managed by the Global Media Relations Department.
— James Dimon (@JPMorganCEO) August 27, 2014
Another banker to run yet another European economy into the ground for bailouts and bonuses.
— Reuters Top News (@Reuters) August 26, 2014
We discuss how some looters are more equal than others as Jamie Dimon gets to keep his mortgage fraud deal with the Department of Justice secret while others get gunned down in broad daylight for lifting a cigarette. In the second half, Max interviews journalist and author, Matt Taibbi about the injustice that follows the wealth divide and how Ferguson, Missouri plays into that.
Stacy Summary: While we were filming the opening title sequence down near Wall Street, we came across the Bitcoin Center NY and popped in for a visit. Here is Max ...
We discuss a future in which most jobs are obsolesced away by robots and mechanization. Just as human invention lost the horse many jobs it used to perform, so, too, for millions of workers – and it’s happening right now. In the second half, Max interviews Perianne Boring of the Chamber of Digital Commerce about the chamber’s role in advocating for bitcoin and where she sees the future of regulation heading.
We imagine a 3-D printed lawyer glut and bankers having their way with subprime mortgage bonds and then dumping them on unsuspecting pension funds. In the second half, Max interviews Jim Rickards, author of Currency Wars and the Death of Money, about the financial environment looking a whole lot like 1987 when markets tumbled by 22% in a day. They also discuss whether San Diego leveraging up on risk or Japan running out of steam could be the trigger for the big sell-off.