This week Max Keiser and co-host Stacy Herbert look at an application for worshiping Ronald Reagan and growing fears of the next sovereign debt crisis. Keiser also speaks to economist Steve Keen about wages, deflation and zombie capitalism.
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overseaschinadoll happens to be your creditor, so why don’t you keep your mouth shut and bow to him.
so basically you are just a bum who wants free money.
cut the revolution crap ok. you think giving free money to people would help anyone? the US has been a welfare state for the past 30 years, and its paying for it now.
why don’t you help us out and do an experiment. go to harlem and tell some black guy you want to give him 500 bucks for free and you intend to do so for the 1st 10 people you meet. lets see how far you get up the street.
moron.
Since we all or almost all can agree that the all governments are doing the wrong things – this must be their plan. Their plan is to.. make us poor – to reduce consumption of resources. Why? Because we are at the end of the line for cheap energy and resources and we have utterly ruined nature.
We now probably only have a few years until a collapse in welfare is a fact – for us in the “rich” countries.
@overseaschinadoll – your comments, especially about makeup obscure from the overall debate about economic dynamics. Your comments reflect on your lack of intelligent input into the debate. Go back to Asia and keep your mouth shut!
Max & Stacy rule!
The FIR(finance, insurance, real estate)
workers can/should all become farmers so we can start exporting food to feed the world.
Their heads wont explode if they produce somthing real like food.
BTW: I am a wall street broker AND farmer
No. the problem is that half of the Americans have little debt the o the half deep in debt. It’s national moral hazard to reward the debtors by punished the savers. Either way, Max’s way is direct insult to savers while the government’s indirect. Which way do you prefer?
U don’t know how to read? if I “blanket statemented America as irresponsible borrowers and big spenders” I would support Max. Everyone should go debt free get free stuff no need to payback credit cards and get housing. Let the foreign creditors lose all.
Look, while you living in a hours you just payoff by working 10 hours/day 6-7 weekly, how do you feel when you see your next door get rewarded with a free house which he “bought” widely beyond his mean?
How do you feel when your mutual fund get wiped out because of bank failure? And you don’t have anything to do with choice of your investment because the fund manage it not you?
Well Max its like I said:
The ONLY thing Obama has taken to the bank is TRILLIONS of our tax dollars.
Yes, Americans are for bailing out the banks because they do “God’s work”… that’s why over 80% of the people polled were against TARP
Unless there’s some huge, bloody, violent revolution, keiser will always say “The americans are totally FOR getting ripped off cause they’re so stupid” And even if there was, he’d probably just say “those spoiled Americans have it all and they’re getting violent because they don’t have enough! what losers”
atleast he’s right about the outsourcing of jobs
You just blanket statemented America as irresponsible borrowers and big spenders.
Making us all debt free stimulates the economy and puts more taxes to pay for that extra debt.
If everyone could use their monthly 2k or 3k or even 4k check, and not spend most of it on debt and rent, we’d FORCE a new revolution in spending. That new spending, for colleges, home repairs, car repairs, clothes, carpets, furniture, would give MORE taxes, stimulate MORE jobs, and help EVERYONE. And he’s the naive?
That’s totally ridiculous!. Let the bond share holder money market savers lose all and let the irresponsible borrowers big spenders go debt free! It’s like you rob the the savers the investors and give the loots to those house flippers, irresponsible borrowers and big spenders. Max, serious, are you planning a totally chaos an civil war on US cities and streets?
I have all the respect for you but this one you are totally off the base. It’s utter nonsense!!!!!!!!!!
Stacy can use a bit more make-ups. Some black eye shadows will make her look smoky sexy.
MAN THIS GUYS VOICE IS REALLY BAD
nationalizing a bank would be fascism!!
this economist is kinda cool but not even close to as cool as austrians
Hey,
They know the words to use and the pr to play in order to get the money they want without the blame. Edward Bernays would be proud of their use of key words and strong pr to get what they want, with or without extortion.
As long as sheeple are preferred over thinkers, the banksters will rule with impunity.
The key word of this fantastic episode was by Keen: “anti-understanding”
You couldn’t describe the general american attitude to this economis crisis any better. They have this very predictable knee-jerk reaction to certain words without even thinking about them or analyzing them in a scientific way. That’s one of the main reasons the situation is only going to get worse, because majority of people are clueless.
thanks. i’m already a subscriber and also donate from time to time.
doesn’t help that the bankers are all shylocks.
It’s like having 2 Max’s in the studio
Max, you crack me up, you are unhinged!
Your commentary is, however, flawless, and provides insight when the MSM simply regurgitates the vampires’ spin.
en Francias si vous plait
He’s really a mathematIcian using non-linear dynamics applied to economics. Check out debtdeflation . com / blogs
China, UK and Japan are the biggest creditors