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marmar Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Aug-27-11 08:46 AM
Original message
Max Keiser - World is witnessing financial WWIII
 
Run time: 06:09
https://www.youtube.com/watch?v=xJsZhAYWqI4
 
Posted on YouTube: August 26, 2011
By YouTube Member: armageddon16x16
Views on YouTube: 137
 
Posted on DU: August 27, 2011
By DU Member: marmar
Views on DU: 3715
 
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MrMickeysMom Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Aug-27-11 09:40 AM
Response to Original message
1. Negative interest rates...
Wow.... now, I really want to have my Social Security portion stolen from ... even more!!!!

:sarcasm: (as if...)
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dixiegrrrrl Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Aug-27-11 11:05 AM
Response to Original message
2. I love the way he cuts to the chase and says it all so clearly.
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Gregorian Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Aug-27-11 12:24 PM
Response to Reply #2
4. Yep. I've been listening for years.
In case you read this in time, he has a show coming on in about half an hour. It's a station out of London called Resonancefm. Which is also a great station in it's own right.
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dixiegrrrrl Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Aug-27-11 04:09 PM
Response to Reply #4
6. Never mind..I found it.
Edited on Sat Aug-27-11 04:15 PM by dixiegrrrrl
what is the title of Max's show? I see one called The Truth about Markets on the schedule.

I have to pick and choose my streaming times, shared computer line and all that.
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Mosaic Donating Member (851 posts) Send PM | Profile | Ignore Sat Aug-27-11 11:46 AM
Response to Original message
3. Capitalists are so sneaky
We who care about a fair world, where financial robbery is eliminated, must accomplish the destruction of the people and their methods, and institutions who terrorize the world financially. Well said by Max.
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pam4water Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Aug-27-11 03:47 PM
Response to Original message
5. Great points by Max. If he wasn't a gold bug he'd be brilliant.
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Hydra Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Aug-27-11 06:33 PM
Response to Reply #5
7. Why is being a gold bug bad?
At this point, any solid asset is a better idea than currency or investments.
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pam4water Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Aug-28-11 05:36 AM
Response to Reply #7
14. Gold Bugs want to go back the gold standard. We need a flexible currency as much as
we need a competent people running the currency.


Steve Keen explained why on this Max episode. I got to say Max took being told his theories were all wrong well. Never once threaten to cut off his mic XD
http://www.youtube.com/watch?v=3qo3t8EBNSg
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rpannier Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Aug-27-11 09:41 PM
Response to Original message
8. K&R
I love Max
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chervilant Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Aug-27-11 10:52 PM
Response to Original message
9. Disaster Capitalism...
For 2007-2010, real GDP decreased at an average annual rate of 0.3 percent; in the previously published estimates, real GDP had increased at an average annual rate of less than 0.1 percent.



This is current GDP Data, released at "8:30 A.M. EDT, FRIDAY, JULY 29, 2011BEA 11-38" by the US DOC, BEA. I copied the entire press release, fearing it would have a briefer lifespan than an ice cube in a forest fire. I have seen NOTHING about this data in the M$M or on either of the 'left-leaning' blogs I frequent. Not a SINGLE economist has acknowledged this data.

In other words, by definition, our nation has been in a depression these past four years. However, just as they did in the 80s, the Big Dogs in the financial arena are obfuscating and/or omitting key information, so that much of the citizenry remains deluded and/or uninformed.

I've told friends, family, and fellow activists for at least five years that the proverbial El Toro Poo Poo is hitting the fan. We're watching it happen every single day now.
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DeSwiss Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Aug-28-11 12:04 AM
Response to Original message
10. I don't see what everyone's getting so upset about.....
Edited on Sun Aug-28-11 12:08 AM by DeSwiss
...just tell the bankers to go fuck themselves. They have NO army so they can't do any damned thing about it. And no one likes them anyway.

We wipe all the balance sheets clean of this bullshit debt, and start over with a new fair system based upon things that are REAL.

Then the bankers can argue among themselves as to who it was that caused their demise.

- See, simple.......

{no, this is NOT sarcasm. I'm as serious as a heart attack!

K&R




“Money is a new form of slavery, and distinguishable from the old simply by the fact that it is impersonal – that there is no human relation between master and slave.” Leo Tolstoy

“It is well enough that people of the nation do not understand our banking and money system, for if they did, I believe there would be a revolution before tomorrow morning.” Henry Ford

“The modern banking system manufactures money out of nothing. The process is, perhaps, the most astounding piece of sleight of hand that was ever invented. Banks can in fact inflate, mint and un-mint the modern ledger-entry currency.” Major L L B Angus

“The study of money, above all other fields in economics, is one in which complexity is used to disguise truth or to evade truth, not to reveal it. The process by which banks create money is so simple the mind is repelled. With something so important, a deeper mystery seems only decent.” John Kenneth Galbraith

"Capitalism is the astounding belief that the wickedest of men will do the most wickedest of things for the greatest good of everyone." ~John Maynard Keynes

"The crippling of individuals I consider the worst evil of capitalism. Our whole educational system suffers from this evil. An exaggerated competitive attitude is inculcated into the student, who is trained to worship acquisitive success as a preparation for his future career." ~Albert Einstein

"It's impossible for capitalism to survive, primarily because the system needs blood to suck... And as the peoples of the world free themselves, capitalism has less victims, less to suck, and it becomes weaker and weaker. It's only a matter of time, in my opinion, before it will collapse completely." ~Malcolm X

Financial Crisis Solution: "Ignore the so-called DEBT. Pay them NOTHING. The resources that have been
used to create this debt does not belong to the rich alone. The Earth belongs to all of us."
~DeSwiss

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Lorien Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Aug-28-11 02:06 AM
Response to Reply #10
12. I've been thinking the same thing, especially since I heard about how Iceland
handled them. But I think that we need to do more than wipe the balance sheets clean. We need to charge anyone who tried to harm a Sovereign Nation through their banking practices with terrorist activities and jail them.
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DeSwiss Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Aug-28-11 02:50 AM
Response to Reply #12
13. Yes!
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Lorien Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Aug-28-11 02:02 AM
Response to Original message
11. The banks and various Wall Street insiders need to be declared terrorists
round 'em up and send them all to Gitmo. Since Obama doesn't want to shut it down we may as well fill it with REAL criminals!
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Pooka Fey Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Aug-28-11 09:07 AM
Response to Original message
15. Max Keiser is becoming my new favorite financial analyst.
:loveya: He cuts right to the chase. "This is World War III" - this is the TRUTH everybody. And the very important paradigm shift necessary to interpret what is happening: Wall Street, Goldman Sacks, the Ratings Agencies - these entities are MORE POWERFUL and RICHER than, for example, FRANCE; and they are attacking these nations financially in an agression designed to transfer the wealth of those nations to their Bankster Balance Sheets. This is what they are doing in the USA with Medicare and Social Security. It is a MASSIVE PIRATING operation, economic terrorism, it's WAR.


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