Every week Max Keiser looks at all the scandal behind the financial news headlines. This time Max Keiser and co-host, Stacy Herbert, look at the scandals behind ‘debt attacks’ on Spain and Greece; record short positions on the euro and whether Shanghai will be the next financial crisis. Keiser also talks to Steve Keen for an update on the Australian housing market, the continuing deflationary collapse and the chances of unrest.
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Max you’re too cool
stacy you rule!
works?
Starting at 20:40, extremely important point.
Banks create a fictitious deposit when they create a loan.
This is the money they will put into their coffers plus interest once you’ve paid off the loan. And it cost them nothing.
sound comes out of one speaker
damn no sound
13:36 Max is jerking his head like the guest, lol
China is looking more and more like the promised land gone wrong.
Also that bible story about the tower of babel seems very appropiate
I like Steve’s last prediction.
“The US may be willing to put up with this sh-t, but other countries will invoke political turmoil.”
Burn.
so …., “bobbyb 1978″ we’re on the same path today??? have u been watching Fox News or something, to get this idea, by any chance?? the only one that is on FDR’s path today, is China , and possibly Russia and this r also the states that r doing surprisingly well today, and will do even batter in future, if they continue to stay on this path. So tell me, where exactly do u see real strategic projects like pow.plants, dams…., in the US today. Obama wants to shut down Nasa btw…
sorry mate, but u r quite misinformed on FDR , not surprisingly , since the fascists of today, the same ones , who planed to preform the cue to trow the government back in 1934 but fortunately failed to do so back then, since they were caught by one of FDR’s top general, who they thought , will be on their side, yet he simply tricked them into believing so! US wold turn fascist back then all ready, if not for FDR!!! and today this same fascist own the media and education for some time now..
Warren Buffet has no money. His wealth is all pure stock speculation.
If FDR was so great why did the depression last so long and why was it so great? Think about it. How long did it take before the depression ended? It lasted until after WW2. Massive food lines and shortages, sky-rocketing unemployment and crime rates were caused by the intervention policies of FDR. Not allowing markets to function and correct from government distortions is what caused the depression to become great. We’re on the same path today. Reread your history.
LOL !!!!!!!! Max Keiser kills me!!!!! My fav part was his head banging over the Goldman takeover of the Greek debt office! LOL!!!!!!
Good job, Max and Stacy!
you will likely be exterminated first, whiner
Russia Today is turning into fucking MTV. What’s with the dizzying graphics? And what the fuck’s up with Keiser? It used to be a news source I felt confident about giving my attention to. Now, I’m not so sure. I’m not alone in this view.
Your argument about 1921 and 1929 is absurd. Yes the gov. didn’t do anything things stettled down with corporations doing the same things and 7 years later the crash of ’29 and the Great Depression. Kaiser is loony on this. The gov is doing the same thing today, paying off wall street doing nothing to regulate and change the corrupt system and in a short while another crash like ’29 only worse. History repeating itself, corporate amerika repeating itself.
The old cockney rhyming slang: ‘merchant banker’= wanker, needs to be modernised to ‘investment banker’= wanker
USA Govt. control by Israel. Do you know about AIPAC? They control American election ,? your daily life, your economy , everything. If they tell USA Govt. to tell lie even though they know it is lie, no problem American? Govt. tell it immediately there is WMD in iraq, including Obama, John Machine,Clinton Bush all? are member of AIPAC and all will tell the same voice without any difference. Fox News (owner who is a Israeli citizen) works for Israeli agenda, everybody knows it.
Correct. Now do you consider that a market correction, or manipulation from an outside force? My point is, how do we really know a market can correct itself? We have no examples to look at. As long as you have people who can shift interest rates, you will never truly have a market free of some form of manipulation.
,,,MAX, you are great,, however without STACY,, you would be like JERRY LEWIS without DEAN MARTIN.
Lewis wrote all the lines, however without a GREAT Straight man, or in your case a great Straight woman, you are lost, STACY is the best, Straight man since NORA of Nick and Nora of the Thin Man Films.
You Two are Tops. Take Care, Watch your back.
I accidentally mentioned to one of our couriers that 1 in 10 people in the US are in prison – although wrong, it did make for a far more impressive statement
“not market! FDR saved the crisis, with his mass public projects, where he focused on uplifting the real big infrastructure, all over re US. And with god public health and education policy’s . Then, by implementing the Glass-Steagal Law in to act to combat Wall Street, and by Creating the Pechora Commission that investigated and then punished some of the biggest wall street criminals for their crimes! he did all of that by protecting our interests!! not by “free market”(corporatism)…”
Is Charlie Munger’s middle name or nickname ‘Doom’ ?
i.e. Charlie (Doom) Munger
Indeed, people are being dumbed down across the world even now they are too stupid to realize it. So it’s only getting worse end will eventually lead to their extermination. Well I wish it was like that but its NOT. Everlasting economic slavery is the reality of today and will intensify to the max in the future.