In this edition of the show Max interviews Michael Hudson from Michael-Hudson.com. He talks about the fictitious capital; what it is? And who is pushing it? Michael Hudson is President of The Institute for the Study of Long-Term Economic Trends (ISLET), a Wall Street Financial Analyst, Distinguished Research Professor of Economics at the University of Missouri, Kansas City and author of Super-Imperialism: The Economic Strategy of American Empire (1968 & 2003), Trade, Development and Foreign Debt (1992 & 2009) and of The Myth of Aid (1971).
In this edition of the show Max interviews Dr. Paul Craig Roberts from paulcraigroberts.org. Dr. Paul C. Roberts is an economist, author and now a blogger at paulcraigroberts.com. He was an Assistant Treasury Secretary in Reagan Administration. The US economy, TPP (Trans Pacific Partnership) secret trade deal, American and foreign powerful corporations, Dr. Robert’s book entitled ‘Silent Spring for US’ and more issues are all discussed in this episode of On the Edge.
In this episode, Max Keiser and co-host, Stacy Herbert discuss debt piles and thin dimes. They also discuss Christine Lagarde begging for money outside Penn Station while insider trading bankers ‘charitably’ talk to beggars at Grand Central. In the second half of the show Max talks to economist Michael Hudson about the austerity, debt and fraudulent conveyance.
In this episode, Max Keiser and co-host, Stacy Herbert, discuss boating accidents with Sharkboy and Lava Girl and a futures market to lay off your Blythe Masters risk. In the second half of the show, Max talks to Dr. Michael Hudson about Modern Monetary Theory at the University of Missouri – Kansas City and about the Chicago Boys gutting the economic competition, literally.
Four years ago in a Ministry of Defence Review, the Whitehall Mandarins, more astutely than any so-called Lefty, determined the following:
“The Middle Class Proletariat — The middle classes could become a revolutionary class, taking the role envisaged for the proletariat by Marx. The globalization of labour markets and reducing levels of national welfare provision and employment could reduce peoples’ attachment to particular states. The growing gap between themselves and a small number of highly visible super-rich individuals might fuel disillusion with meritocracy, while the growing urban under-classes are likely to pose an increasing threat to social order and stability, as the burden of acquired debt and the failure of pension provision begins to bite. Faced by these twin challenges, the world’s middle-classes might unite, using access to knowledge, resources and skills to shape transnational processes in their own class interest.” — ‘UK Ministry of Defence report, The DCDC Global Strategic Trends Programme 2007-2036’ (Third Edition) p.96, March 2007
Publicly-owned banks were instrumental in funding Germany’s “economic miracle” after the devastation of World War II. Although the German public banks have been targeted in the last decade for takedown by their private competitors, the model remains a viable alternative to the private profiteering being protested on Wall Street today.
This week Max Keiser and co-host, Stacy Herbert, look at how quantitative easing is good for the rich, bad for the poor and how sterling is offering no refuge. In the second half of the show Max talks to Richard Heinberg, author of The End of Growth, about the role of energy in the current debt crisis.
This week Max Keiser and co-host, Stacy Herbert, report on selling Greece’s sovereignty and Spain’s El Gordo. In the second half of the show, Max talks to economist Michael Hudson about the IMF assassins sent in to destroy the Greek economy.
This is an abridged version of talk Max gave to a group of lawyers suing derivatives dealers and government officials in Greece for financial fraud. There was much (very loud) translation and some audio problems that I cut out. The rest of the panel spoke in Greek. I will post those when I can for Greek speakers.
Financial occupation of Greece; IMF Greek Memorandum; financial terrorism; controlled demolition of European economies; asset grab; lawsuits against bankers and government; Pirate My Film, including crowd funding and copyright free media; new European funding facility in the planning stage; global bank; coming housing collapse and banking disaster; devaluation of the dollar; the wild card.
This week Max Keiser and co-host, Stacy Herbert, report on American household wealth declining by 23% while billionaires see their wealth rise by 25%. In the second half of the show, Max talks to Dmitry Orlov for an update on the state of economic collapse in America.