Not so fast about the power shift to the East. Yes, China has a huge holdong in Dollars, but there are other factors in play here. First, China has to find a way of disgorging itself of hteir ever decreasing in value Dollars. Remains to be seen. Second, China has internal strife that could boil over. Not just the rioting in Uighur, but in their large population in poverty who want to get out of that. The real problem is STILL, the US elite is SO corrupt and SO incompetent they could start a war.
Max you must be really irritating the big boys in the MSM of America,Europe and the UK-well done.Excellent piece with Hudson well worth journeying to listen to.
However, the fact is that the Americans are not gonna pay for that debt, and then the banks who also loaned money will not pay, and so on.
In the last terms, the other countries who produced and borrowed money will have to ... well.. what would u do if u loan trillions and ur debtor says is not gonna pay? ... nukes ..
It was all about cancelling the 3rd world debt... so the 3rd world could break OUT of poverty!
The oligarchs didn't want people to see whats going on behind the curtain... so they dumped 7/7 on us (up went the chant terrorism terrorism terrorism) & then decided to turn the WHOLE WORLD into "Debter nations"
They told us it was "impossible" to cancel the 3rd world debt!
But somehow we could come up with many more BIllions to Bail-Out greedy Banksters for fraud!!??
I am going to get my cutter and paster in action and email a link to this show to any-everybody in my address book and then paste it in youtube comment boxes until my mouse breaks..if willie nelson finds out that farm aid went to Goldman, he is going to have an apoplectic event.
who are the majority owners of the Bank of England, Chase, and Goldman Sachs? Can there be a campaign for this info to reach the masses so the lunatics have a names and faces for their anger
Perhaps the information is available on their websites. While you're looking check out the list of the BBC directors and look up their biog detail. Start at the bottom of the list.
That's right` no bank lending means home prices at low costs. Same thing with student tuition` in the 70's colleges were cheap or cost nothing like the UC schools.
Bank of England...yes Max...the true culprit...US needs to destroy London finance and jail the royalty as drug trafficers and ax the FED...check out Lyndon Larouche
Not so fast about the power shift to the East. Yes, China has a huge holdong in Dollars, but there are other factors in play here. First, China has to find a way of disgorging itself of hteir ever decreasing in value Dollars. Remains to be seen. Second, China has internal strife that could boil over. Not just the rioting in Uighur, but in their large population in poverty who want to get out of that. The real problem is STILL, the US elite is SO corrupt and SO incompetent they could start a war.
Paolo7219 2 years ago 3
Thanks Max
CheekyMonkey888 2 years ago 6
Rock on Max. "debt blob, I love it"
mascar33 2 years ago 8
This show should be on every business news channel in every country around the world.
Max is leading the charge against these crooks, and he is doing a damn good job!
prescottbill 2 years ago 12
there is going to be complete chaos no more money no more anything just sex drugs and rock and roll!
hippoi2 2 years ago
It's always pleasure to listen to Michael Hudson. Great interview, Max!
megawutt 2 years ago 5
Max you must be really irritating the big boys in the MSM of America,Europe and the UK-well done.Excellent piece with Hudson well worth journeying to listen to.
justjacqueline2004 2 years ago 4
Thanks Max for the best news channel on the net!!!
wwwmatejase 2 years ago 3
By India, China, Russia etc, now refusing to accept 'shitty' dollars.
They are breaking the cycle of ignorance/stupidity that for many years has actually worked to 'enslaved' them.
The US is about to recieve a 'LARGE' portion of its OWN treatment.
In every playground every 'BULLY' eventually gets his come-uppance.
What is SAD is that the majority of people in the US who will suffer, have NEVER gained a penny from the US's previous CRIMES.
What a DISGRACE.
NowisEvollovetion 2 years ago 4
Yes, they did. They had plasma tvs, travels, etc. They got all that crap by debt.
agfigueroaa 2 years ago
I agree with you on that level, although all debt must be repaid + interest.
Nothing is FREE, the BANKERS make sure of that.
I was refering to the level on which the US, through its 'force of might' pushes other countries around.
As a BULLY in a playground would do.
The everyday man/woman on the street has NO input/control over that area of US foreign policy.
The GREEDY men BEHIND the curtain control those things (unjust wars etc).
NowisEvollovetion 2 years ago
I agree with u.
However, the fact is that the Americans are not gonna pay for that debt, and then the banks who also loaned money will not pay, and so on.
In the last terms, the other countries who produced and borrowed money will have to ... well.. what would u do if u loan trillions and ur debtor says is not gonna pay? ... nukes ..
agfigueroaa 2 years ago
I am sure it will not get to the nuke level, as even if the nukes were launched they still would not recieve their monies.
So why bother.
The bankrupt nations will merely be shown to be the bunch of lying, corrupt, bullies they were.
The ruling class will be overthrown in those countries, and things will get sorted out.
Power is moving back EAST now, to the land of the rising sun.
The WEST has had its chance and it well and truly fucked things up.
The WEST is pure GREED.
NowisEvollovetion 2 years ago
Indeed "Make Poverty History"!
It was all about cancelling the 3rd world debt... so the 3rd world could break OUT of poverty!
The oligarchs didn't want people to see whats going on behind the curtain... so they dumped 7/7 on us (up went the chant terrorism terrorism terrorism) & then decided to turn the WHOLE WORLD into "Debter nations"
They told us it was "impossible" to cancel the 3rd world debt!
But somehow we could come up with many more BIllions to Bail-Out greedy Banksters for fraud!!??
ejbh3160 2 years ago
One Banker tried this, he didn´t make it for very long...
Look up "Alfred Herrhausen"
0PsycoDad0 2 years ago
This programme has become essential viewing.
Excellent interview
bbagginz 2 years ago 6
Maxwell Smart
mrgoodvibrations 2 years ago 4
Free Lunch is Over!
YouriCarma 2 years ago 4
I am going to get my cutter and paster in action and email a link to this show to any-everybody in my address book and then paste it in youtube comment boxes until my mouse breaks..if willie nelson finds out that farm aid went to Goldman, he is going to have an apoplectic event.
max... you da bomb
anolmec 2 years ago 4
good zagging.
NinjaInvestor 2 years ago 3
who are the majority owners of the Bank of England, Chase, and Goldman Sachs? Can there be a campaign for this info to reach the masses so the lunatics have a names and faces for their anger
JeffHilliard 2 years ago 5
Rothschilds and Rockefellers for a start.
elucidative 2 years ago 2
Rothschild comes to mind
Unkn0wnGuy 2 years ago
Perhaps the information is available on their websites. While you're looking check out the list of the BBC directors and look up their biog detail. Start at the bottom of the list.
soulwam 2 years ago
I can remember Rothschild, Rockefeller, Morgan, Schiff, Warberg... I am sure there are more....
magichandpuppet 2 years ago
That's right` no bank lending means home prices at low costs. Same thing with student tuition` in the 70's colleges were cheap or cost nothing like the UC schools.
brodudemonkey 2 years ago 4
Bank of England...yes Max...the true culprit...US needs to destroy London finance and jail the royalty as drug trafficers and ax the FED...check out Lyndon Larouche
mike6459 2 years ago 2
larceny arbitrage
damania 2 years ago 2
casino gulag
damania 2 years ago 2
heck with free lunch
we want
free donutz
chena3 2 years ago
dollars
for
donutz
chena3 2 years ago
This has been flagged as spam show
F I R S T !
ARAKARABLUE 2 years ago