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Max Keiser reports from Cairo
A breath of fresh air
It's been a while since we've spent some time with Max and Stacey.
Max seems quite calm and laid back as he reports from "war torn" Egypt.
Egypt is looking pretty good in comparison with the ongoing madness and idiocy in the US.
http://www.realecontv.com/videos/govern ... cairo.html
Kathyet
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How is Ireland going to dig its way out?
Max Keiser & friends in Ireland
ECB = European Central Bank
It's THE issue of the day.
Are sovereign governments going to take on the debts of failed PRIVATE banks?
Iceland said "no" and the world didn't come to an end.
Irish voters voted out the politicians who wanted to bend to the ECB, but the new politicians are going to do it anyway.
Why are governments doing this to their people?
It's the trillion dollar question.
There is no ethical, practical or financial reason why the public should take on the bad bets of bankers good, not in Ireland, not in the US, not anywhere.
There's only one reasonable explanation: the government stooges are being paid off. In exchange for wrecking their own country's economies and the livelihoods and prospects for millions of people, THEY'VE been assured that they will be taken care of.
Max is right. Guilotines are an appropriate remed in this case.
The US has made the decision that its taxpayers are
going to shoulder the debts of its crooked banks and
the financial wreckage they've created.
Iceland took the other path and let its banks deal with
their own mess.
The issue is still open in some places like in Ireland.
Here's the conversation there...luckily for us, Max Keiser
is on the panel.
Video:
http://www.realecontv.com/page/1557.html
Kathyet
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How the Fed is strangling the economy
Trying to create a re-inflate the bubble
What is the Federal Reserve doing?
It's pumping money into the financial system to try to re-boot the overheated economy.
Why are they doing this?
It's the ONLY way to service the massive mountains of debt that have been created in recent years.
The only other option - and where we'll end up eventually - is a tidal wave of defaults.
Remember: All loans always get paid off every time. Either by the borrower by paying back - or by the lender by taking a loss.
The price of stocks and commodities have been
going straight up (until recently.)
Why?
A straight forward answer with a hint of
how it will end.
Video:
http://www.realecontv.com/videos/bankin ... onomy.html
Kathyet
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