Airsoft Battle Royale | Dude Perfect


Oh yeah. What’s up guys? We’re Dude Perfect. Welcome to Airsoft
Battle Royale. Here we go! Woo! Dude Perfect. Today’s battle is simple. Each of us will be
scattered throughout the map to scavenge for weapons
and eliminate opponents by popping their balloons. Last man standing wins. Purple Hoser here. What’s up, guys? Cor here. Coby checking into the game. Cody here. What’s up, guys? Ty. Let’s see what loot we can find. Could really use some shoes. There we go. First weapon find
and a backpack. Yeah, I don’t think I
really need a backpack. I’ve got to get off the road. These rocks are killing me. Oh no. That was bad. OK? Grenade. That’s going to come in handy. And a backpack. Got a backpack. Two more backpacks. Oh! That’s an Uzi! Let’s go! Let’s go, baby. There’s my rifle. I think we’ve got a gun range. OK. Four more backpacks. So, for those of
you that don’t know, Chad and Tim set up the course. And whoever was responsible
for the North Swamp, I’m going to kill them. Nice. The game makers are too kind. All right. I got everything I need. I just got to find a
good place to camp. We sit. We hide. We don’t go out into the action. That’s how you get shot. I think we’re going to
get on the golf cart. Bumpy. Oh! Goodness gracious! We got an air drop. We got to go. Oh! Oh yeah! Oh! It’s a sniper! It’s like a podium in a box! Ha, ha, ha, ha, ha! Oh, there’s a crate. Frying pan. Boat. There’s Coby. He doesn’t even see me. I going to get in this
truck and snipe him. It’s going to make
way too much noise. Let’s row. It looks like he’s
using a paddle. I, I am very confused right now. No need to rush this. I cannot miss this shot. Oh! Got to get to cover! We’ve got a runner! He’s running away! You’re going down, Purple Hoser! Oh! I got him! Did he get me? He’s– oh gosh. Dad gum it. I think he got me. I got to bail. All right. It looks like I got two
balloons down on Coby. He just took off in the woods. I did run out of
ammo on my pistol. I’m going to go
back, get my sniper. Start heading to town. Play the other side. Let’s go find some people. All right. My balloons are right here. In a safe, secure location. All I’ve got to do is
wait them out, baby. And I’m going to be sitting
here taking a siesta. There we go. Right there is Corey! Oh! Out of ammo. Did he get one of mine? He got two. What? God, I handled that so wrong. I thought I could hide
behind these barrels, but my balloons stick up. Obviously. Ah, there’s Coby. Oh, God! I’m taking fire! Uzi’s down. Yeah! I got him first! I got him first! 100% Let’s go! All right. Here’s the deal. Coby and I just shot each
other at the same time. Technically, it’s not
actually the same time. Because I shot him a
little before he shot me. A millisecond. But ultimately, it doesn’t
matter cause neither of us have balloons anymore. We’re not happy about
it, but we’re both out. Gotta get up top. Pretty sure I got
two pops on Cory. And I am in desperate
need of a new weapon. I’m going to try and search
around here and try and see if I can find some. I need a gun. Bang! Let’s go. Ah! Dang it! set fire Oh, wow. That’s a lot of bullets. Ah! Incoming fire. Oh, grenade! Grenade! Oh! Oh! Oh! Oh, Yeah. I’m getting out of here. There we go that’s what I need. I think someone’s downstairs. I’ve got him. I got a balloon. I got a balloon. Gosh dang it. Come on, boy! I’m in it to win it, baby! Cody! You camper! Did I hit you? You, uh. You did not Oh, sick! A K! Not worth it. Dang it! Dang it! Line them up, baby! Ah! I got Ty! I got Ty! Wait a minute! I got popped! I’m eliminated. This gun’s amazing. That was so worth it. You got nothing, boy! Come on with it! Here. Pull it! Gosh! Plenty of down fire. Give him some warning
shots with this. Oh, gosh! He’s got a pistol. You know what? We’re taking this on the road. Oh! Taking fire! Taking fire! Got to get– for more? Are you ready for He’s got a new gun! I don’t know what he’s
shooting, but it’s fast. Oh! How did I miss? goal. Oh. Out of ammo. I got to push. I got to push. I’m charging. Got him! Woo! No! Valiant effort, my good man. Dude! That was a blast! Hey, rule number one. Don’t get tired of hiding. It’s what keeps you alive, baby. It was so fun. Oh, man. That is exhausting. That was well done. I think it’s time for a
little trophy presentation. I agree. As always, not my honor,
certainly not my pleasure, Cody Jones. Winner, winner chicken dinner! Thank you. That looks fantastic. Very nice. Twins? By the way, good to
have you guys back. Hey. Thanks, man. Can’t wait to hear that story. Oh! If you’re not already a
Dude Perfect subscriber, click down here so you don’t
miss out on any new video. Special thanks to our
friends at PUBG Mobile for making this video possible. Click right here
if you want to play the mobile game for yourself. If you want to see some more
DP videos, click over here. Signing off for now. Pound it! Noggin! See ya!

The Peace Economy: Jodie Evans of CODEPINK



we started 15 years ago a few weeks ago and we didn't really start an organization we came together in Washington DC to called code pink as Bush was frightening the American people with his cut color-coded terrorist alerts orange red and yellow you know we thought that we would sit outside the White House and be rational and say this war is crazy and unconstitutional and illegal and it's going to open Pandora's box and you don't want to do that it's going to cost way more than you're saying and it's wrong and 15 years later it's worse than we could have ever imagined in Iraq and around the world where now participated in like eight Wars we have more bases than we had and more money's being spent on war out of your tax dollar and we need to really take on the whole war economy and grow local peace economies which has been really a wonderful way to spend the last couple of years and it showed up as we celebrated our 15 years and went to different cities and how much more engaged our community is in their own community and an understanding you know what is it just transition and this war economy which is oppressive and destructive and extractive and I call the peace economy the feminine economy because it is the caring sharing giving relational resilient economy without which none of us would be alive and the war economy is what drives us to death in its extraction and oppression and destruction so you know just kind of look at what you do in the day and what happens when you think when you're operating your day out of separation and out of scarcity that's the war economy because we actually live connected in abundance so we actually have practices as we grow a local peace economy where each week we practice one of the things like time time whoa where the war economy just wants to use your time up what have you broke free of your time and just like oh what if I give my time to the peace economy what does that look like what does it look like to give and to share and after a couple years of this I can promise you you're happier then one thing that everybody is is happier shinier more alive and really the war economy is deafening it's deadening and it you know it takes away your creativity and we watch it all the time it could pink just in our own work how it's the natural thing like I need a result I need to be efficient I need to deliver and instead of like how do I be in relationship with this person how do I step out of clicktivism into relationship with my own community I think when I really came to the realization about the war economy it was global inequality global climate change and one point four trillion dollars worth of weapons sold every year the only result historically has been fascism and I stopped growing local peace economies as a way to address all of it because if you're relational if you've built trust if you're working together you can write out pretty much anything and if you look at the different cities that kind of our local peace economy is even like look at Asheville North Carolina the unemployment stayed the same in 2008 houses were taken away from people you know when you demand relationality and you own your own utilities when you've when you've pulled power back and you've not let everything be privatized you survive these situations that are gonna definitely happen the Congress and the White House are Teflon I can't really go after them right now and the anti-war movement if we're gonna build we have to have something that we can win out some lever we can pull well our schools our churches our cities our state's our pension funds and our Congress are all making a killing on killing so it's a way that everyone can engage there's some piece that you can engage in and engage in locally which is always a problem about war because it's so overwhelming and so complex the people just like I don't want to think about it it's not hit me yet but it's hitting the US every day more and more and in our communities you know veterans veterans families police killings people are starting to recognize oh the war is home it has come home it plays out in so many ways it plays out in policing is now thirty percent of some city budgets that we think that being violent is a way to solve anything he is now part of our culture and it's part of our thinking and so we hope to like show different ways of yeah capitalism is bad it's there I keep telling people when they're growing their local peace economy they don't have to worry it's not going to fall apart too soon you we actually have time a bridge to where we can be growing the alternative it just takes our creativity it's the the sense that war has always been or this is the only way we have to break that that well first of all manufacturing jobs I mean if you stick with the capitalism those jobs are going anyway you know jobs are going how do we recreate the economy so that it works for everyone and that takes everybody being present and the problem is is when you leap that far away the way we're gonna find that out is by starting we don't ever know when we start on a journey towards somewhere what the end results gonna look like it's the first the commitment that I am gonna start out on this path a just transition the you know is about us taking the power back it's not about demanding it from corporations it's not about demanding it from other government they're all failing us they have failed us for a very long time it's a wake up call to find out what needs to happen make it happen make it happen with your neighbors and your relations and make it happen with a diverse group of people because really pretty much today shows us yet again it's all up to us

Midwest Industries Two Piece Drop In AR-15 Handguard Review (HD)



welcome back everybody today we're doing and what should be a pretty quick review on these Midwest industries drop in handguards here so it's a pretty simple product but it's a very useful product a product I like and I have a ton of rounds through these things so what we're going to do is show you how they work some of the features of them and then the end just kind of get in what we think of overall or get into the details when they don't want to show here is just how easy they are to install for those of you who are sort of unpromoted they are platform all you need to do is pull back your Delta ring which is right under here I have this special tool for it because I'm doing it one person underneath the camera but you can certainly do it by yourself no tools so beauty those you plug your factory gang guards and you just pull this back to move your lower piece and then your upper piece and that's it that's how easy it is to install so here we have our hangar will set this inside and get into it we'll go over a few details of the handguard here before throwing back on it has nice anodizing on there this one here of course is in the flat dark earth color asian they also have black we have QD sling attachment points here in the rear and the front at three and six o'clock or rather three and nine o'clock position and then on the sixth position just up front so nothing here in the rear of course we have our little unlock symbol there if you have keymod you're not going to have that but these are available and keymod as well guys we have our M lock attachment points at the three and nine o'clock as well as six o'clock position and you can see photos that are unfamiliar with M lock how they lock in there and place very very secure that is absolutely not going anywhere at all and it gets you nice machining all the way throughout we have these little holes here as well which help in cooling and one thing that's really nice about this is the weight of it here so the mid-length version of it comes in at 6.6 ounces and a carbon length version of these hand guards comes in at 5 ounces and just to give you a frame of reference the mid-length handguards the OEM sort of ones that came on my rifle just the basic plastic ones with the aluminum heat shields white nine ounces so you're actually saving weight by adding these to your rifle so it's certainly something I like upfront here we have our uh elves at a mini CTV in there you can see it's locked in there nice and secure certainly and going anywhere putting your hanger back on is just as easy as I showed you earlier when we took them off so just going to pull our Delta ring back here take the top piece and sort of get it in these triangle hanging guards which is a little easier if you're not trying to do it under a camera like I am we'll built the ring back and get it down right on there next we'll put our bottom piece on there same process now that they're back on the right flex going to kind of show the block above them it's kind of hard to illustrate here but I'm gonna hold the upper in place and try like sort of move it you can see there's really no movement at all there's no vibration and you can't hear it move around have a very very solid walk up I realize it was probably hard to tell about the lockup bottom but telling you I'm grabbing on the vertical foregrip right here is very very solid for sure so definitely a good lock-up just feels secure on the weapon feels well built and of course the narrow profile versus the hand guards that come on there and the ability to add accessories are certainly worth a good bit so in terms of worth let's talk about that the price point on these suckers is I believe $120 for the mid-length and 109 over on the list Industries website for the carbine like these are also available I believe that brown ales which we'll put a link down below as you guys looking for that so there are some other retailers offering them besides just nib with industries on their own website so it's certainly a good thing but overall I really like I'm there later than the factory hand guards which I like they have increased cooling capabilities with all those holes and dents and stuff like that to let the wind go through there they offer the M mark compatibility which I like obviously and that's about it I really don't have anything else to say about these you guys have any other questions about these hand guards you can always post both down in the comments section you can also post it over at my facebook page as always but thanks for watching guys thanks for subscribing and we'll see

Perfect Economic Storm about to hit! Cashless after collapse.



now your forecasts for the world economy have a new terrifying dimension to them according to Weiss and Broderick these powerful cycles will converge in late October of this year and as these cycles come together they will form a super cycle with enormous destructive potential as and when a government's back is up against the wall you can always count on one thing they lash out at their own citizens if you haven't subscribed to me subscribe and also please share this this is important information that needs to get out there to other people the perfect storm the economic earthquake and tsunami that soon to follow is gonna hit it has to hit and they're gonna talk about four phases of how the thing will hit one before where we are now to Phase two is Japan Japan has a debt to GDP ratio of 250% in other words everything that their economy earns in a year their debt is two hundred and fifty percent more than that and as a catastrophic failure ready to happen the they're also going to talk about megacycles and they're all converging they're all converging pay attention to this at the same time there's a war cycle the debt cycle income inequality civil unrest but the pension crisis the defaults the debt the migrants like they're just all coming at the same time so pay attention to this video wise research I followed their financial advice and as a result of it I have been able to buy my home because I made very good money following what they suggested so these folks have been spot on for a long time I've watched them for a long time pay attention to this video and do what you think you need to do like get ready okay enjoy Thanks Martin Weiss semi-retired and traveling the world has abruptly interrupted his travels to rush home and bring you a very disturbing forecast about the future it's probably our most important forecast ever in the 46 years since I founded this company and it is frightening while mr. Weiss was overseas Sycho expert Shawn Broderick has reached equally shocking conclusions due to a convergence of time-honored economic cycles most people don't understand the cycle of war and most people don't realize that nearly all the cycles we study are now converging hello and welcome today the experts of the Edelson Institute are releasing major new forecasts this is a very significant event in the investment world and the reason is clear their previous forecasts have proven to be amazingly accurate they warned of a 1987 stock market crash several months in advance as well as the explosive recovery that followed immediately afterwards in 2006 and 2007 they warned that the real estate boom was about to end and that it would trigger a massive debt crisis stock market crash and recession they are well known for publicly calling every major up-and-down move in the gold market since 1999 more recently they forecast the election of Donald Trump and the great bull market in stocks that followed two of the Institute's most prominent experts are here with us today dr. martin d weiss the chairman and co-founder of the Institute and cycles experts Shawn Broderick senior editor of the Institute thank you so much for joining us today gentlemen thank you now your forecasts for the world economy have a new terrifying dimension to them it's probably our most important forecast ever in the 46 years since I founded this company and it is frightening tell me how do you know that these things are actually going to happen well because of economic cycles that have driven world events since before the time of the Pharaohs the same cycles in the investment markets that actually triggered the Great Crash of 1929 and every and bust sense and now once again these cycles are coming to a head you know I'm personally well aware of how powerful these cycles are from my studies as well they're everywhere in the universe they're everywhere in nature like our heartbeat or the earth rotating on its axis they're revolving around the Sun you see I do pay attention to you guys I've learned something yes okay and then in that case you've also learned that human economic behavior is also very cyclical in my younger days I was a cultural anthropologist and I specialized in what's called economic anthropology so in my fieldwork I personally witnessed the cycles in small agricultural communities and all over the world I did field work on primitive cultures and peasant societies and and I saw how their entire life their entire livelihood was tied to the seasons fascinating but what's even more interesting for me in what I do today is that in modern society we also see those cycles and we see them for example in mass psychology and the difference is that we not only see them but we can measure those cycles with in in price behavior in statistics and we can see them with much better clarity than I did for example doing fieldwork in the Amazon or other parts of the world and those cycles are Sean's great passion sean is the first person in our organization who wrote extensively about what he calls the great super cycle right yes and as we watch these cycles we can track them and here's the interesting thing when you're watching a cycle you can also predict what it's going to do next this is especially true of certain commodities like metals which are very cyclical but it's also true for a whole range of economic cycles so fascinating perspectives who first discovered these cycles Great Depression should have been very predictable how did he do that well first do we discovered cycles and the prices of copper as I told you metal prices are very cyclical and he looked at nickel and he looked at the grain market and then he connected those cycles to cycles of inflation and deflation and so he put all this together and eventually he uncovered the economic cycles in terms of the gross domestic product or GDP and his GDP cycle actually predicted the Great Depression years ahead of time look at this chart here's a prediction if you look at that 20-year cycle the red line going down at the very right that's what a cycle predicted and then there's the black line that represents the actual events and that plunges as the Great Depression got underway so as you can see it it falls the prediction with uncanny accuracy and as you see on this chart it it it shows the timing of the cycles so is this the main cycle that you use at the Edelson Institute well it's one of them yes but we combine that with other cycle business inventory cycle eight and twelve year stock market cycles the 12-year cycle in the currency markets and of course these cycles in the gold market and that all comes together mm-hmm with computer studies with with visual studies on the on the chart and but I want to add one thing that that we haven't stressed as much in the past but we have to talk about now and that's another major cycle that's going to put tremendous pressure on the global economy and it's one of the most powerful cycles of law which is the cycle of war the cycle of war you seem surprised well okay let me clarify am I surprised that we're talking about the threat of war no of course not because it's it's in the news every day it's all around us it's in Northeast Asia the Middle East Ukraine I get that am I surprised that it can be predicted absolutely well let me tell you you know I studied the cycle of war contemporary primitive societies in the highlands of New Guinea for example I studied the war pattern of the unit mami tribes in the Amazon hmm I've studied the history of war going back to the birth of civilization which was in Sumer and Babylonia between the affray T's and the Tigris Rivers which is now Iraq and you know to answer your question the studies of the cycle of war are based on these thousands of years of recorded history and quite some time ago it predicted that there would be a bottom in other words a peaceful time in in the late 1980s in the early 1990s and in in fact that bottom Ashley came on Christmas Day of 1991 which is the day that the Soviet flag came down over the Kremlin in Moscow for the last time and when the Cold War ended that was a gift so we have the benefit of hindsight but what about now well looking forward the top in the war cycle the end or the climax of the water cycle is expected in the early 2020s that's not far away today from very close no but the key is that the cycle of war is ramping up rapidly if as we speak it's ramping up with great power it has great momentum and that leads us to our first and most urgent forecast which is the consequences of war are you sure there will be a war well that's not the point war is not the forecast the forecast is the consequences so even if you don't have an all-out shooting war and let's pray that we won't that's pray the rising tide of global conflict will force the largest countries in the world to spend massive amounts of new money on defense and we're already seeing this all around the world it's going to force them to borrow massive amounts of money to finance those defense expenditures and and that will cause a pile up of new on top of a mountain of old debt that's already the worst of all so in effect the war cycle is going to turbocharge the debt cycle most people don't understand the cycle of war and most people don't realize that nearly all the cycles we study are now converging something like the perfect storm yes you could call it a perfect storm and it's a convergence of cycles can you tell us as the cycles expert something about each of those cycles sure the first is the k wave the contrary of wave yes yeah right with now that is pointing lower into the first half of the 2020s this cycle reflects the ongoing demise of governments that have built up monumental unpayable debt to see how it connects to debts again yeah yeah debts to finance wars that's to finance various forms of socialism or social programs as I mentioned before right the man who originally discovered the cycle was sent to Siberia right and then he was executed by Stalin now you could say that his ghost is returning to haunt all of those who failed to learn the lesson that socialism was a failure hmm along with the Kay wave we have the juggler cycle which was discovered by a French psychoanalyst and it has accurately forecast intermediate booms and busts and it is also pointing to a decline which we believe will be starting in Japan and then there's the 40 month kitchen cycle it is and it's not a kitchen like you cooking that's okay the guy who some of us cook in discovering it is signaling no this cycle is actually signaling slower business formation weaker consumer demand slower inventory turnover and later rising unemployment not a right away in the United States okay it's this is really hitting it more first in foreign major foreign countries right we'll see a foreign wave all right we also like the Kuznets cycle and that one among other things it helps us the rise and fall of elites income inequality is a phrase that is heard a lot now and it's in the final stages of a major rise that began in the 1970s everybody's talking about it today but this cycle predicted it many years ago yeah and now now these cycles are heading for another major convergence we got a preview of this two years ago and was followed by a sequence of events that are now they're like reaching a crescendo the UK the second largest economy in Europe dropped out of the European Union that was the brexit right at the same time we have millions of refugees that are pouring into Europe so that's a lot of cycles with some big names when are they all going to be converging next well the next major convergence should start in late October and early November that's when our cycles which are now turbocharged right by the rising war cycle that's when they indicate the end of an era when these governments could rack up debt with impunity and they also indicate the beginning of a new era when those governments cannot do that it will be the beginning of what you might call a rollercoaster ride through hell yeah and that ride it's gonna last all the way until 2022 that's five full years that doesn't sound like a fun ride what is that going to be like well for add the average observer I think the most obvious symptom of the crisis will be asset destruction and like I said starting overseas and yet here we are with all these things happening and the stock market keeps going up and up so the question is why right yes and the answer is the cycles clearly indicated that this was going to happen we can't foresee exactly what will happen or where what we can foresee and what will not be so obvious to the average person is the ramp up of a series of big government debt blow ups first you'll see them in Japan and Europe and then a couple years from now in the United States to the economic cycles accurately predicted the Great Depression and nearly every major investment event since now those same cycles are predicting that some of the most violent times of our financial lives are about to begin according to Weiss and Broderick these powerful cycles will converge in late October of this year and as these cycles come together they will form a super cycle with enormous destructive potential including the power to bring Japan Europe and ultimately the United States to their knees so what events will drive this great crisis that's what we're here to find out today Martin and Sean thank you so much for joining us again Thank You Lauren for flying down for this event it's my pleasure to be here so it's time to answer the number one burning question we've seen that these powerful financial cycles are warning of a major catastrophe but what are the actual facts on the ground and do those facts support the cycles research and what exactly is this nightmarish crisis really going to look like well Lauren let's not forget the big picture what we are experiencing is a great super cycle okay and what the super cycle predicts is the end of the era when governments recklessly built up unlimited debts and the cycles predict the beginning of a new era when nations pay the price for those debts in other words a financial day of reckoning right yes yes but it won't happen in just one day it will take place in phases over a period of about five years and what are those phases okay I'll tell you phase one is right now before the crisis begins this is a period in which the governments around the world are continuing to borrow like there's no tomorrow they're piling up debts and no one is lifting a finger to stop them I should say no one yet okay mm-hmm all right phase two begins when Japan's government debts begin to crumble that's where it begins Japan yeah okay so that's the key their debts are the worst in the world 250 percent of gross domestic product that's more than twice of that burden of the US government and even if Japan had a budget surplus of 1 trillion each year it would take a thousand years to pay that debt off one found a green Martin you lived in Japan you speak the language yes I lived in Japan during its bubble years they called it the babadook a zai well of the 1980s and I go there all the time to to visit my son Anthony and I can tell you flatly Japan is on a collision course with the worst government that crisis the world has ever seen so what is Japan's solution to this well their solution is to tax people to death you can look it up these are all hard facts it's not our opinion Martin when and where is the breaking point well the breaking point will come as we see it in the bond markets that's the where that governments have to raise the money for toot for these debts they're gonna see the handwriting on the wall like we see today and they're gonna stop buying it all or they'll dump their holdings mm-hmm that's Japan that's Japan phase 2 what's phase 3 okay Japan's phase 2 phase 3 will hit Europe yeah I mean a couple years ago you saw the cycle of debt strike Greece you saw it then hit Portugal Spain and Italy and then that that debt monster came and took Greece again and just shook it like a rag doll it ruined that nation but when you saw in Europe's prior phase of its debt crisis what you saw there that was just a sneak preview of what's coming up you asked about breaking price why now right that's yeah that's j'en well in Europe we see several turning points or tipping points we saw in 2015 1 million migrants pouring into the European Union from from Western Asia from South from South Asia and from Africa and and and that was just in one here and plus here's the key that that everyone seems to be missing right now during the last days of Europe's debt crisis the threat from Russia was virtually non-existent right mm-hmm so so they didn't have to spend a lot of money on defense right if anything they it was just the United States this was helping support the defense yeah so they didn't have to borrow money like crazy for defense spending they didn't have to borrow money like crazy to protect their borders or to protect their citizens but now in this next phase of their debt crisis they will have to do those things so this adds a whole new dimension to the crisis it does so these are the breaking points what is the endgame then for Europe well the picture that we get from the cycle forecast is clear but it's also very grim before the series of rolling crises is over the European Union as we know it it just won't exist anymore in fact it's only gonna make their debt crisis worse and that's going to lead to one place and only one place bankruptcy government bankruptcy yes so you're before we're talking about private sector bankers right now we're talking about something even more severe so you're actually saying that some of the most powerful governments in the world are gonna go bankrupt now the whole process is set to begin at the end of October okay but all of these deaths have been piling up for a very long time you said yourself why are they collapsing now you keep asking that's a no I want an answer here's a simple way to put it it's just time the cycles are like a heartbeat doctors know when a patient is most susceptible to a heart attack right and the cycles give a picture of when that same thing is going to happen with government debt the cycles tell us when these governments around the world are gonna have this massive heart attack some governments are close to their death throes yeah you don't see it from the surface but behind the scenes that's what's happening and they're scratching to stay alive yes and when a government's back is up against the wall you can always count on one thing they lash out at their own citizens yes and this is also why you're going to see government's impose more taxes more control on money more invasions of privacy I think I believe this is a big reason why Trump was elected people wanted him to fix this to reverse this vicious cycle yeah but Trump has inherited a mess the cycle itself and all the powerful forces behind it are obviously much stronger than most people expected why is it so powerful well we saw a debt pile up higher and higher over many decades didn't we that's in 12 or to just compare government debt to GDP the numbers they're staggering yeah most economists used to say and some of them still say the same thing that the limit the absolute limit you could have in government debt was about half of the total economy and that's a lot the percent is 50 percent of GDP in government debt anything more than that extremely dangerous but even after their so-called recoveries Ireland's government debt represents a hundred and five percent of GDP Portugal 129 percent Italy 133 percent Greece a hundred and seventy-six percent and the prime example Japan a whopping 250 percent staggering how can that be well I mean that's not the end of it Germany which is supposedly the strongman of Europe right the richest economy in the European Union it's above the 50 percent danger line to way above the 50 percent rank you line here's the thing that I just have to make clear why now that's your question why not lie right after so many years of filling these widening budget gaps with borrowed money that's what they did they took this money and they tried to fill the gap well they had a crisis a big economic and financial crisis but rather than deal with the crisis they just borrowed money and they borrow more and more money to fill that gap well at some point the returns on the new debt diminish to a big fat zero and that's the point we're at right now yeah okay that's it the big games that Washington and Wall Street played for so long which were supposed to be temporary emergency members became permanent but now they no longer work yeah you know I just read about this the government's are all strained as you said to the breaking point they're taxing all they can they're they're borrowing all they can and they're printing all they're printing all they cats yes that's such a huge impact on our so they're just printing money just to make ends meet and that that can't be good no these are symptoms of these governments around the world that are that are actually dying it's scary but that's what's that last ditch efforts you try to survive you've seen this recently in some European countries they monitor everything that their citizens are doing they engage in capital controls they limit the amount of money you can take out of a bank the and they're moving and we are seeing this they're moving toward an electronic currency because they're afraid of future bank runs and they want more control why an electronic currency because if things get crazy they have an internet banking kill switch throw the switch shut down the banks before anyone can get their cash up I'm almost afraid to ask this but when governments can't pay their debts what happens I hate to say it but this is when it gets really nasty the only place that these governments when they are desperate can get money from is from the people the last time we had a major debt crisis back in 2008 the big governments around the world had to bail out the banks the real estate companies the entire world economy is that what you're talking about here well that's a big part of it they bailed out a lot of people but now comes the mother of all debt crises the government debt crisis we have to emphasize that word government and now the big question is who's going to bail the government's right let me repeat that question who is going to be able to government I mean the government's were the ones that were everybody else right now we've reached the end game yeah who is going to build them out what is the fourth phase okay that's when stuff hits the fan and the debt cycle will hit a crescendo and when this crisis strikes the US and as we Teeter over we are going to collapse with the biggest threat of all the decline in government bonds will take away tens of trillions of dollars in wealth just make it vanish poof and at some point Medicare Social Security socialist programs of all kinds they'll all be in grave jeopardy Sean this is terrifying how certain are you of this very dark scenario that you've painted for us today well we're staking the Edelson Institute's 100 years of collective experience and reputation

Pakistan's Economic Crisis USD 1 May Equal 200 PKR By Year End



pakistan's rupee has dropped more than 5% in May breaching the 150 per dollar level last week the drop was primarily the result of Islamabad agreeing to another International Monetary Fund loan to avert Pakistan's economic crisis however experts feel that Pakistan's rupee could drop further and may even hit 200 per dollar if the trend continues no respite for Pakistan's rupee Pakistan and the IMF recently agreed to a six billion dollar loan which is expected to include strict conditions related to a market-driven exchange rate it must be noted that Pakistan's central bank devalued the currency five times last year the IMF has long been asking the country to reduce its control over the currency in 2017 the financial organization estimated that the real exchange rate was overvalued by as much as 20% the IMF s latest loan will be the 13th bailout for Pakistan since the late 1980s the nation is now on the brink of an economic crisis thanks to rising debt rocketing inflation a growing deficit and falling reserves Pakistan's economic crisis also prompted rating agencies to lower Pakistan's credit score earlier this year this created further turmoil in the nation's currency and stock market due to such a backdrop experts believe there will be no respite for Pakistan's currency rather they expect the situation to get worse this knee-jerk reaction of the market will continue said Kaiser Bengali an economist who has held crucial posts in the government in the past including the first head of the cash based social support program in 2008 given our large deficit and high debt ratio the rupee will continue to decline the rupee will be 200 a dollar by year-end Bengali said according to Bloomberg in its latest study Pakistan's economy IMF program and its implications top-line research noted that the government could allow the repeater depreciate by 13% to 17% to RS 160 165 against the dollar by year-end the rupee is currently valued at about 148 $1 compared to a records low 152 point five to five last week Pakistan's currency has been among the worst performers globally in may in the last 12 months the rupee has lost almost 2/3 of its value Pakistan's economic crisis is good for expatriates a similar sentiment was echoed by Abbas Mossad former executive vice president of United Bank Limited ubl in Dubai he told Golf news that the drop in Pakistan's rupee was expected because it was artificially propped up by previous governments further the former executive said the drop in the currency could lead to inflation and increase the cost of imports at the same time the drop in value would boost exports and increase home remittances he said what message said turned out to be true according to Gulf News Pakistani expatriates in the UAE have started remitting money home Pakistan's rupee is not just losing value against the US dollar but against other currencies as well for instance one dirham is about 40 Pakistani rupees now compared to about 38 a couple of weeks ago what is the government doing meanwhile Pakistan is doing all it can to reverse the currency crisis the government is even considering limiting the amount of US dollars that can be carried out of the country by individuals a special committee tasked with limiting rupee devaluation is currently considering a suggestion from the Exchange Commission of Pakistan EC aap the committee is evaluating the effects of reducing the amount of cash one take abroad from $10,000 just $3,000 a cop believes such a restriction would help inject two billion dollars a year into the economy religious leaders are doing their a bit as well for instance clerics in Pakistan issued a fatwa religious order earlier this week declaring the hoarding of US dollars a grave sin mala notte here Ashraf II head of the Pakistan Oliver Council told The Financial Times that hoarding leads to chaos and that is why they released the fatwa unnecessary purchases of dollars must be avoided till such time as Pakistan comes out of the prevailing crisis that we face today he said meanwhile Pakistani Prime Minister Imran Khan is facing criticism from economists and the opposition for delaying the IMF loan and is being accused of mishandling the economy Kant clarified earlier the pallone was delayed because he was in talks with Saudi Arabia the UAE and China to secure 3 billion dollars in loans from each