Keiser Report - Markets! Finance! Scandal! (E4)

[KenMacMillan]

Who are the other 11 economists who predicted the crash?

[KenMacMillan]

Steve Keen 12:35

[kopi5896]

Well done. Keen has some great points to make. His observations are very astute. I totally agree with his assessment of Friedman.

Our banksters are doing this to dominate the economy unopposed for years to come and to create as much cannon fodder as possible. And Reagan and Thatcher were their main starting points in this debacle with "trickle down economics," rightly called voodoo economics.

[minami935]

I agree with "The key word of this fantastic episode was by Keen: "anti-understanding"

You couldn't describe the general american attitude to this economis crisis any better. They have this very predictable knee-jerk reaction to certain words without even thinking about them or analyzing them in a scientific way. That's one of the main reasons the situation is only going to get worse, because majority of people are clueless."

[jasperwillis5385]

Good job Max Keiser.

[claircote4416]

Good video. I like your idea.

[ApocalypticAang]

"Americans are really anti-understanding-- because there tends to be a knee-jerk reaction to trigger-words..."

"...and it's them stopping you from using those nasty words that is preventing you from making the correct analysis and changing course."

LOL, sounds a lot like China before Deng Xiaoping "quelled" all ideological debates with his "black cat, white cat (who cares so long as it catches mice?)" metaphor-- which is how/why China managed to change course in the 1980s...

[westmidsgold]

Crazy stuff, loads of links on my channel about all this. I've looking into it for years. Thanks for sharing.

Kev.

there are also links on my channel to becoming a gold agent for a german bank for free!!! check it out.

[Demetrenos]

"Vampires" is the right word to describe those leeches.

[eristderbeste]

@borat443 youre right!!!

[canaan1967]

Very similar to what Michael Hudson is saying.

[NUSRPKINA]

This is awesome!

Max is amazing man

God bless him!!!!

[TeslaGenius]

5***********

[CmdrTobs]

excellent.

[klasco1991]

the glen beck of Russia Today....this guy is way overplaying!

[debtconsolidationcan]

yes! Sometimes it happens

[UKSecretCourts]

Well done RT!!

You have a real comedy duo here.

[Zander242]

There is no *ism anymore. Just Egoism. Or. Eh. Sorry. I take that back...

[ozziindaus]

if the Government paid off all domestic debt (mortgage and credit cards etc) with 11T, your lunch by now would probably cost you $1000

[CheeezMaster]

the sandwich industrial complex made it that way!

[626718]

@ozziindaus

and you'd rather prefer to pay 100000 for lunch in 2014?

[hrosemd]

Face it.

We're done.

Uncle Sugar is finished.

We will soon see if an economy the size of the US can function with the entire GDP being generated by every family in America selling the contents of it's garage to the house next door. - paraphrasing Kunstler

[rayomans]

But that 20% has found a job: making the lives of the other 80% miserable!

[AlexTrebucq]

This guy makes Jon Stewart and Colbert Report look silly by comparison.

[Reaper006900]

get rid of money all the evil will go with it

[moonshiry]

lol the guy is a bit wierd

[r35tt]

Stacys a Hotty.. :)~

[MarquisdeBarrabas]

I like Professor Keen.

[DrStrangelife]

Since we all or almost all can agree that the all governments are doing the wrong things - this must be their plan. Their plan is to.. make us poor - to reduce consumption of resources. Why? Because we are at the end of the line for cheap energy and resources and we have utterly ruined nature.

We now probably only have a few years until a collapse in welfare is a fact - for us in the "rich" countries.

[waddell1969]

@overseaschinadoll - your comments, especially about makeup obscure from the overall debate about economic dynamics. Your comments reflect on your lack of intelligent input into the debate. Go back to Asia and keep your mouth shut!

[trinomialtree]

overseaschinadoll happens to be your creditor, so why don't you keep your mouth shut and bow to him.

[waddell1969]

Aribitrary!

[fatpius]

Max & Stacy rule!

[unameitltd]

The FIR(finance, insurance, real estate)

workers can/should all become farmers so we can start exporting food to feed the world.

Their heads wont explode if they produce somthing real like food.

BTW: I am a wall street broker AND farmer

[EndTheFedRes]

Well Max its like I said:

The ONLY thing Obama has taken to the bank is TRILLIONS of our tax dollars.

[Bishop153]

Yes, Americans are for bailing out the banks because they do "God's work"... that's why over 80% of the people polled were against TARP

Unless there's some huge, bloody, violent revolution, keiser will always say "The americans are totally FOR getting ripped off cause they're so stupid" And even if there was, he'd probably just say "those spoiled Americans have it all and they're getting violent because they don't have enough! what losers"

atleast he's right about the outsourcing of jobs

[overseachininadoll]

That's totally ridiculous!. Let the bond share holder money market savers lose all and let the irresponsible borrowers big spenders go debt free! It's like you rob the the savers the investors and give the loots to those house flippers, irresponsible borrowers and big spenders. Max, serious, are you planning a totally chaos an civil war on US cities and streets?

I have all the respect for you but this one you are totally off the base. It's utter nonsense!!!!!!!!!!

[ViraIVideos]

You just blanket statemented America as irresponsible borrowers and big spenders.

Making us all debt free stimulates the economy and puts more taxes to pay for that extra debt.

If everyone could use their monthly 2k or 3k or even 4k check, and not spend most of it on debt and rent, we'd FORCE a new revolution in spending. That new spending, for colleges, home repairs, car repairs, clothes, carpets, furniture, would give MORE taxes, stimulate MORE jobs, and help EVERYONE. And he's the naive?

[overseachininadoll]

Look, while you living in a hours you just payoff by working 10 hours/day 6-7 weekly, how do you feel when you see your next door get rewarded with a free house which he "bought" widely beyond his mean?

How do you feel when your mutual fund get wiped out because of bank failure? And you don't have anything to do with choice of your investment because the fund manage it not you?

[overseachininadoll]

U don't know how to read? if I "blanket statemented America as irresponsible borrowers and big spenders" I would support Max. Everyone should go debt free get free stuff no need to payback credit cards and get housing. Let the foreign creditors lose all.

[overseachininadoll]

No. the problem is that half of the Americans have little debt the o the half deep in debt. It's national moral hazard to reward the debtors by punished the savers. Either way, Max's way is direct insult to savers while the government's indirect. Which way do you prefer?

[trinomialtree]

so basically you are just a bum who wants free money.

cut the revolution crap ok. you think giving free money to people would help anyone? the US has been a welfare state for the past 30 years, and its paying for it now.

why don't you help us out and do an experiment. go to harlem and tell some black guy you want to give him 500 bucks for free and you intend to do so for the 1st 10 people you meet. lets see how far you get up the street.

moron.

[MarquisdeBarrabas]

Past 30 years? I wonder where you got that number out of. Never mind.

[ViraIVideos]

Believe it or not we give free money away everyday. Something like Half our income goes to:

1) Cops

2) Military

3) Fire Fighters

4) Government officials

5) Road workers

6) Regulatory brances (FDA SEC)

Are all those people bums? No. Redistribution of wealth can't be bad if it's the norm for the industrialized world.

Want more capitalism? Create your own country and fail by yourself. Helping each other succeed = America.

[trinomialtree]

no, they are worse than bums. they are scammers. just like most americans.

don't make me laugh, the last thing anyone in the world wants to do is to help you scumbag americans succeed. the rest of the world is rejoicing right now while you fail.

[ViraIVideos]

I see what card you're playing, the America is evil card.

Every country has blood

1) German Hitler

2) Italy Roman empire

3) French Napolean

4) Russia Stalin (killed 20 million of his own people)

etc etc etc.

Countries are just countries, all are bad when it comes to history.

Rather than rejoice, ask yourself what your country did to pretend to be so pure.

It's the people, not the country, that make it good or bad.

[davematherly]

and since WE Americans are the least educated on Earth...

And ignorance breeds evil as sure as the world spins...

An uneducated democracy is as easily manipulated as...

WE ARE.

[llothar68]

@ViraIVideos: Right but it is also what history the people accept. US Americans seem to have no fucking clue about there own brutal history. "Heaven's Gate" was 1980 an eye opener for the ignorance - that the american history was build on shit and outlaws and killing capitalist criminals. Not a John Wayne history.

And this ohh the "founding fathers" the "founding fathers" .... piece of shit shows that they haven't learned.

By the way: Your US history is evil for the last 50 years - since

[ViraIVideos]

@llothar68 You're from Germany, the last 100 years from the first two world wars, to the cold war and the Iron curtain, have been filled with the blood and bullets of the Germans.

You are as guilty as any other country. Like i said we all have blood on our hands.

Only a few countries can truly say they have fought for good in this world, and they number in the less than 10.

[llothar68]

@ViraIVideos i know about germany history (by the way you forgot Prussia - so you could make it the last 200 years). But Germany learned from it and we accepted that it was a crime and one of the most evil thing. If you want to learn and change you have to look at your past and don't be in a denial mode. And this has to be mainstream acceptance.

I can't see this in any way happing in the USA (only the Japanese are close to the historical denial). And this is very scary for Europeans.

[gosciu555]

@ViraIVideos

Yeah but the Anglo-Americans are currently the biggest culprits and criminals.

[ViraIVideos]

It says your from Norweigh:

Thanks for killing millions of people by inventing TNT and for the mass murders of the Vikings.

Even your country has bloodied hands, so don't act so high and mighty.

[tbirdky]

Come on man, grow up. It's not that cut, dry, and benevolent.

[ozziindaus]

Income tax does not go towards the points you mentioned above....if that's what you meant. Half of the your points are paid for with gas and property taxes.

[overseachininadoll]

Stacy can use a bit more make-ups. Some black eye shadows will make her look smoky sexy.

[DURKLIVES]

MAN THIS GUYS VOICE IS REALLY BAD

[freedominsomalia]

nationalizing a bank would be fascism!!

this economist is kinda cool but not even close to as cool as austrians

[frugalite]

The key word of this fantastic episode was by Keen: "anti-understanding"

You couldn't describe the general american attitude to this economis crisis any better. They have this very predictable knee-jerk reaction to certain words without even thinking about them or analyzing them in a scientific way. That's one of the main reasons the situation is only going to get worse, because majority of people are clueless.

[ulvund]

It's like having 2 Max's in the studio

[flyhead2]

Max, you crack me up, you are unhinged!

Your commentary is, however, flawless, and provides insight when the MSM simply regurgitates the vampires' spin.

[pavel280488AA]

ahahah lolbama облажался он не спасёт америку

[DavidAKZ]

en Francias si vous plait

[toeg1]

Well done. Keen has some great points to make. His observations are very astute. I totally agree with his assessment of Friedman.

Our banksters are doing this to dominate the economy unopposed for years to come and to create as much cannon fodder as possible. And Reagan and Thatcher were their main starting points in this debacle with "trickle down economics," rightly called voodoo economics.

Americans' obsession with words is a big problem and a godsend for the banksters.

[strongbadassman]

doesn't help that the bankers are all shylocks.

[toeg1]

Hey,

They know the words to use and the pr to play in order to get the money they want without the blame. Edward Bernays would be proud of their use of key words and strong pr to get what they want, with or without extortion.

As long as sheeple are preferred over thinkers, the banksters will rule with impunity.

[trinomialtree]

steve keen's explanation was absolutely fabulous, concise and clear.

[DavidAKZ]

He's really a mathematIcian using non-linear dynamics applied to economics. Check out debtdeflation . com / blogs

[trinomialtree]

thanks. i'm already a subscriber and also donate from time to time.

[DavidAKZ]

Yo !

[mattghtpa]

Here's an interesting side thought for those into Nostradamus.

He supposedly predicted that India and Russia would unite. Sometime after that WW3 would happen.

I never put much merit into Nostradamus, but admittedly it's a very chilling and bizarre coincidence.

[nwofunclub]

Superlative!!

[huskerbird1]

TELL IT LIKE IT IS!!!!

awsome stuff man.

[Tressco]

Fudgonomics! :))

Keiser is my favorite final band on the titanic...!

[pgeeme]

That was entertaining, it shouldn't have been, but it was. Oh Craaap, crap, crap,crap.

[welcomegohome]

why does he say barack that way...

[borat443]

keen was right americans are attached to words like socialism and communism and have no idea what the word means or how it applies it current modern context they dont protest socialism for the banks but they protest socialism for citizens which would protect them from exploitation what bunch of fucking knee jerk reactionary gutless , celeberity worshiping,morons.

[huskerbird1]

amen brother,keep the message rollin.

[Wasp16mm]

5 stars

[ismaOVERSIZEDSHADES]

max's delivery suchs but the information is great.

[ForbiddenStallion]

He's much funnier on his other show, On the Edge. Honestly, I can't figure out why the disparity exists.

[tinfoilcap]

I don't know. Max is pretty darn hilarious. I love these guys.

[ForbiddenStallion]

Oh, I totally agree. His Barack Obama dunking bird split-screen comparison was freaking hilarious. And, his "Jump down turn around, pick a bail of bailouts," song made it so I couldn't breathe from the laughter.  Max is awesome.

[JRCrowley]

He's not a comedian, really. He's trying to deliver the truth. I got a lot of info out of this show. When he makes me laugh, it's a bonus, but it's not the reason I listen to or watch Max and Stacy. I watch them because they're into actual truth instead of MSM bullshit.

[ForbiddenStallion]

I agree, and I totally appreciate him for it. He's one of my heroes, and I give props to those that risk it all to stand up to the NWO Nazi/Communist/Satanic/enter_y­our_own_evil_label_here mofos.

[JRCrowley]

Damned straight, brother. We shall fight the fight.

[Lingerfoot]

You don't see this on the american "News". Max Keiser = awesome!

[joshv89]

This Steve keen is weird he said that Friedman was wrong on almost everything and that the US should have nationalised the failing banks?

[ApocalypticAang]

@joshv89 Err, when businesses fail they go into bankruptcy and have their assets/activity administered by the courts/creditors, aka "nationalized"-- in fact, good bankruptcy laws (and administration) are essential to capitalist/market economies because they encourage entrepreneurial activity (risk-taking/innovation) by making provision for failures (there is ALWAYS the risk of failure in risk-taking, duh).

So are you saying banks are not businesses or the US is not a market/capitalist economy?

[joshv89]

@ApocalypticAang

Yeah the US is not a market/capitalist economy,in such an economy companies don't get bailed out......

[KhmerD0g]

max gives the bird to the stupid german leader. hahaaaaa

[plumflowerblossom]

good to see Stacey

boy what a mess the world is in....

[jelleeee1]

good show more people shud be watching this iv got a good idea name your next show how to paint your toe nails pink bbc style then it will filter threw there shows and they will click on it and watch then they wake up lol

[lights21002003]

great interview 5stars

[lextalionis2001]

fing awesome

[jfcrow1]

RT is very wise to bring Max on Board!!!

[nanciqwerty]

Go Max!

[grasshutz]

max on RT... hellz yea!!! this is some good TV baby.

[vikingbeaner]

Max rocks!!!!

[Jasperserendipity]

Who exactly does the US owe money to?

[grasshutz]

china, saudi arabia, etc... and yo momma.

[mittenola]

CHINA

[DavidAKZ]

China, UK and Japan are the biggest creditors

[maakoo]

Brilliant!

[mercuryrazvedka]

Max and Stacy make economic analysis cool, why weren't they my finance lecturers at Uni!?!

When you gunna make Stacy an honest woman Max and pop the question? Rare for a woman to be good looking and understand your jokes!!!

[LibertaerUeberAlles]

Yeah, they're a good team.

Max had a nice anti-war rant going on, until he slipped into the fallacious Chamberlain-Hitler 'appeasement' postulate, which of course contradicts his anti-war stance by reinforcing the argument for 'preemptive war.' Many otherwise intelligent people make this mistake of trying to ride two-horses at the same time.

Maybe Stacy will talk some sense into him.

[Hendo1974]

Very good video again, vintage Max for President! LOL!

[Qualitatively]

Thank you!