Hello everybody and thank you for tuning into the Liberty Report with us today.

We have Chris Rosini, our co-host. Chris, good to have you with us.

It's great to be with you, Dr. Paul. Good. We're going to be talking about bubbles and lots of information about

financial bubbles. You know we had a big one and a lot of attention paid and that's

in 08 and that's when they ended up with QE and they inflated their way to a level which

surprised of some because it was so bad and everybody remembers it being very bad but it settled

down and they got back to doing what they always do and that is print more money

and the market settled down but all they did was a temporary let a little

air out of the big bubble and now with the reinflating now they're facing

another one. Now the article that we picked up on comes from

political which is interesting and it was published yesterday and it talks

about the bubble that will cost we'll talk about a little bit at least today,

and that's the real estate bubble.

But there's been hints and talk of real estate, real estate, it's going to happen.

But this article points out some of the things that are

happening. There was one huge deal up in the Manhattan, a hundredth million

dollars and it lost 97% of its value. So it's already hitting and people

are getting more worried and I thought it was interesting what the Chairman of the Federal Reserve said.

I think he said this summer, he says,

Powell has voice, he's concerned about this.

Well, that's good.

He should be concerned.

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