Afshin Rattansi & Prof. Philip Brenner on $700bn

[KhmerD0g]

the U.S. derivatives are like $600-700 trillions. the entire world GDP is $75 last year. there is not enough cash in the world to balance that, much less the U.S. alone.

Iceland owes $65 billions and their GDP is $5 billions. no wonder they are bankrupt. now they are asking the Russian for loan. Iceland currency, the krona is dead. nobody wants it. U.S. currency, the dollar will be next. British sterling was dead. that's why they created a new currency called the pound.

[smudge6699]

No our currency is called sterling the notes are called pounds in the same way in China their currency is the Renmimbi but their notes are called the Yuan.

Two names for the same thing, we have created nothing new in our currency in the UK.

[KhmerD0g]

i meant the pound scot is dead, not sterling.

[rwickes]

The American university professor is mistaken at 8:35 he says that the US govt would not foreclose. That is wrong. Two days ago a woman attempted suicide when Fannie Mae attempted foreclosed on her. The story made national headlines, and Fannie was forced to absolve her of her debt.

[shroomingnewman]

i guess we have a solution for people that are being foreclosed on. try to kill yourself!

[imnos482]

I believe it is Al Jazera

[missinghome456]

this max keiser guy is an asshole.

he is one of those "conspiracy" theorist like that ron paul dude

[littlejoy67]

conspiracy theorist?.are you nuts?..Just look at America right now..Its falling apart..These guys saw the meltdown coming months ago..Look at the American Administration(eg.Hank Paulson ex CEO of Goldman Sachs),and you will see who,s misleading the U.S..Also how does a Bill that was denied by Congress,suddenly get approved in the same week even tho the majority of U.S citezens did not want it?..If you look a bit deeper and listen to Economic experts the situation looks dire..

[copcake]

That is what I want to know.

How in the world was that Bill approved?

I dont understand AT ALL.

[kusari86]

Read Gary Allen's 'None dare call it Conspiracy'' and 'the rockefeller file'

[Hroark7]

Missing home ,you & others are HeadupownArse-theorists....we the awake live in the real world where mickey mouse is not real and George Bush is a puppet War criminal owned by Rockefeller the Rothchilds and the Wonsors at the top of the empire of theft,Rape,Murder,Torture .....so pull you head out of your baby boomer fat Arse and stick go lick another baby boomers Arse...by the way i know its a foreign concept but go read a book ..or continue to be downloaded with shit from the idiot box...

[Go12Go]

Another thing Max, how are your Euros this week? How many people out there bash the dollar...even my moronic neighbor "knows" - , your Euro from 144 to 137....and falling...while France tries to nationalize and gets loaded with fundamentalists who hate the West. In your AMERICA hate ,wonder if you look at anything she has given you - I work in biotech, ..I wonder if you benefit from therapeutics we work hard to offer. Keep it up -@ Americans you hate so much

[bdc03]

He is American you ignorant buffoon. Also, the EU has a higher GDP than America and they run a budget surplus. The dollar is going to crash soon hard. The euro is fixing to be the world's new currency.

[Turk1389]

Not to mention that the EU has the fastest expanding industrial economy in the world now that The Czech Rep. Romania, Bulgaria and Poland have begun working to adopt the Euro. Europeans don't buy things from China en mass they make it at home that is why the standard of living in countries like Austria is double what Americans think is good

Stop being a nationalist retard Go12Go, you can't wish away bedlam by pounding your chest and waiving a flag, mark my words your job will be in China soon

[bdc03]

The NWO has turned American Patriotism into waving a flag, sending jobs to china, and bailing out bankers.

[Go12Go]

i see euro taking , dollar up, hehehe, my long dollars are going great, keep the easy and only game in town up Kaiers, everyone knows the dollar is crap! lol

lots of hate in your diatribe...

[Gollywog]

It's called a dead cat bounce. The US dollar is going to crash within a year of this 700b getting passed

[TheValeterUK]

if you keep buying shit from china and turn your backs on your own industies then your gonna go bust, heres a simple set of maths, $1 in and $2 out = bust or $2 inand $1 = winner!

the federal reserve is the $2 out and $1 in scam, look it up for yourselves,

Look the only way to have cash money is to have it backed by gold or silver.

Its not rocket scinece.

[SolitonPL]

This profesor is a joke! They will reduce interest rates for homeowners? Hahaha? How and for how long? Ponzi scheme is ending?! You can't perpetuate it in infinity.

[SolitonPL]

Good analysis Max!

[MrFredGSanford]

$11,000 payoffs? That's chump change.

[eyewitness043]

"The American Economy is on Suicide watch" -Max Keiser

"Gold has been in a 20 year bear market, while the US has been in a 20 year financial assest ponzi scheme market" -Max Keiser

Classic.

[prepare2008]

Hes Right the US treasury bonds are the major danger

[mitchee009]

Max Keiser is right on! I take my hat off to this well educated man! One thing they did not mention that the Chinese Communist Party is on the verge of Collapse.