On the Edge with Max Keiser - 29 May 2009 (pt 1 of 3)

[nassahacca]

It has began.....the next FINANCIAL CRISIS, maybe!!!

Dubai is broke, maybe!!

When will we ever learn???!!!

DEBT IS NEVER THE SOLUTION!!

[AM429]

it seems like built into commodities right now is a big recovery. Do you think we should be long dollars in the near term?

[greenb1a]

Dear Max  I just wonder why wall st recently printing the tape? Who's behind this? What is the purpose?

[mackdmorris]

As Peter Schiff says countries like the US and UK can print money to pay back their debts so they don't have to default explicitly - but if they keep printing money to pay their debts they default implicitly by significantly reducing the value of their currency.

There is no economic difference for investors between receiving 20cents on the dollar from a US treasury default or being paid in full but the dollar falling in value by 80%.

[mrcool011]

The us will never lose its AAA rating because the US government controls that or has enough influence to keep us at a AAA. I'm convinced people like taking it the ass, we should have had a peaceful revolution after they robbed the American people, but no we didn't vote these bastards out. We'll reap what we sow and pay the price for these foolish corrupt politicians.

[getplaning]

While it's important to know what is happening, and Max and Stacy are right here, we little people can only do what the smart money is doing.

Start buying currencies of commodity rich nations like Australia, Brazil, and Canada, buying commodities like industrial metals, precious metals, oil, and agricultural commodities, and look for equities in the commodity production sectors like mining, gold and silver mining, oil and gas exploration and development, and agricultural operations.

[AM429]

I'm doing all this but what if the actual truth about the US economy makes this stuff a LOT cheaper? There is a recovery built into the current prices of oil.

[Danster82]

Oh I see whats happening one Elite group has tried to destroy another elite group by suppressing oil prices at $50 which they are reliant on for their wealth and the other elite group has decided to use all its dollar reserves to start purchasing far more oil than it actually needs to break the first elites group plan......

That really is just conspiring over a theory yet probably true. :)

[NOTELLINGPHILLY]

MAX IS THE BEST!!!!!!!

[suki2011]

ROCK ON MAX !!!!!!!!

[stang661]

Thing about China buying commodities @ 6:19, is it's just paper too. Are you really going to believe a commodities firm? They are just bankers. Unless you hold the actual asset, you are always just holding paper.

[prescottbill]

They are buying the real deal: mines, oil for their strategic reserve, etc.... not paper promises.

[stang661]

Sure, China always bought for reserves. World-wide demand is down for oil. China is suffering in the economic crisis, yet they're driving the price. It seems they are going for investment to avoid buying US debt.

You are right, they've bought entire mines before. Hope they independently check them as that can be just paper saying it's a goldmine. Bre-X anyone? We'll probably see some large commodity scam soon.

[zmelli]

Max is the Coolest!!!

[therealcaptobvious]

Max or Max's admin,

Could you "respond "to this video with part 2 and 3? They get buried on your main page. thx!

[therealcaptobvious]

if only that pirate toy was a voodoo doll. For our current and previous treasury secretaries. I'm blaming China's trade war on the US for our bad economy so this all makes sense.. since China buys the treasuries to keep the value of the Yuan lower than the USD, um federal deficit spending is killing us in global trade. However, China does not want the US dollar to crash because we helped their economy, A LOT.

Iraq seems to take advantage of it. something is going on there. I can't tell.

[santsuma]

Bloomber's text Max mentions at 1:00

tinyurl . com / JPMWAMUwindfall

[sinitskyd]

Max, please do not insult this good-looking pirate toy by calling it Hank Paulson or Tim Geitner!

[sunamori6765]

Agree, lol.

[Hendo1974]

Trapped in a roach motel,LOL!

[texstolemysoul]

great job max!

[rockhardxrocker]

i'd like a time frame, when the dollar will collapse. anyone got a crystal ball?

[PlatinumGordon]

I like max. Max is so clever he makes clever jokes about the insanity out there in financial world. He sounds like he gets his facts wrong where Stacy corrects him, but this is a form of humour in that if you really listen to him - it is funny. Someone who can tell the truth, make you laugh - PRICELESS. Stacy is hot.

[rikestard]

stacy needs a better picture to show, its hard to look at her, nice voice though.

[sunamori6765]

No way, bro. She looks great on that pic.

Another amazing quality this girl has is her brain.

Max couldn't be luckier.

[rikestard]

idk dude, she definetly looks better in person but all i was saying is that that isnt a flattering pic of her

[bagginshates]

Max is a psychopath.

[vinny1010]

Smarter than your bitch ass

[bagginshates]

I've listened to Max for a very long time. Max used to be a stock trader. He would rip people off as an occupation and got rich doing it. He has no conscience and doesn't claim to (when I get my hard drive I'll prove this with his own words).

I appreciate him criticizing the money powers, but wouldn't put anything past him if it were to get him attention or more money. I have to hold my nose when he speaks piously about the evils of the money men.

Smarter than my bitch ass? Maybe. Who cares?

[chena3]

more

donutz

less

dollars...

the world

would be

a better

place...

woof..

[magi55]

Im first.

Max is brain viagra.

Peace

Magi