@MrGeestacks your pretty right.. i think so too.. but i could find myself having a hard time letting this guy finishes his sentences.. since he is repeatingly talking bs.. :) pu pupupupu the the ehe public public.. :)
While about 90% of what Keiser says is true, he should be honestly introduced as "KGB Agent, Max Keiser" as that is exactly what he is. That's how he earns his living, doing programs for Russia Today, a mouthpiece for the KGB, while he lives comfortably in Paris. While more people should listen to what he has to say, HE should also tell us exactly where HIS money is coming from! And he should talk more about more things than just how the bankers are in control of America.
@TomDavid88 hungry man on street of US is deliriously happy that you reveled that truth :) , now he can sleep still hungry but happy....keep one spending more money on army worldwide, until the end....
Back in late 2008 in an effort to 'save' the US economy the US regulators relaxed the rules on the use of market to market accounting which means that companies on Wallstreet are allowed to report PROJECTED profit as real profit something that ENRON has done for many yaer's. And we all know how that ended. It won't suprise me that in the year's to come we will see that alot of the reported profit on Wallstreet have infact be inflated by using the market to market methods and not just the banks.
The worst is behind us, the gods of finance have saved us, but you need to buy real assets before the old ways collapse, dont take it personally, just act.
My GOD, that was PAINFULLY embarrassing listening to Frederic Bonnevay. I actually felt like jumping in there and HELPING him "win" his point. (NOT!)
When he said the word "irrigation", the image of irrigating a person's colon came into my mind. Yes - that's what banks do: the ream people out up the ass.
Nothing would be feasible without the banks? What a liar, what a fraud. The world would be VASTLY better if people... and businesses... did productive work without borrowing.
@timmyotooleful Good point. I am reminded of Malcolm X's speech about "house nergoes" and how he considered black people who used terms like "our Navy" and "our astronaunts" to be the same as house slaves who used first person plural when talkin gabout their master.
The elite banks are trying to solidy their place as our master and anyone supports them, no matter their race, should be called "house negroes." They indentify with their captors.
man, they must purposely put these idiots in front of Max to make him sound and look outrageous and crazy......"Financial Terrorist's" lol.....love you Max....
man, they must purposely put these idiots in front of Max to make him sound and look outrageous and crazy......"Financial Terrorist's" lol.....love you Max....
man, they must purposely put these idiots in front of Max to make him sound and look outrageous and crazy......"Financial Terrorist's" lol.....love you Max....
The American people are starting to wake up. We(Americans) didn't want to bail out the banks. The politicians are not listening to their constituents! But wait until Nov 2010.
'the banking system is a policy tool that needs to be put to good use'
No Frederich, YOU are a policy TOOL
I don't know what you were seeing six months ago, but it is clear today that China is divesting out of US Dollars & into assets.
China & India say things like 'gold is a bubble' & then keep on buying tons of it. They also publicly might try to prop up the dollar, usually with only lip-service, but they seem to be just trying to keep its value high while they exit the position.
The government did the bailout dumbass...Max, don't just shout, it might work when you talk to stupid people, but when people who know what they are talking about hear him, then know that he is way off track and his arguments are flawed.
Kaiser fails to point out that it is the state that sanctions this sinister activity. It's colluding with the financials and all those types of people.
Getting rather tired of Max's criticism of the American peasents as we're referred to. Not all of us are as fortunate as Max to be able to leave the country. Tell me, how is he any better?
There is no long term recovery possible. The earth's resources are finite. Our system is based on natural resources. When they run out, there can not be a financial system. The economy has apparently at least "doubled" since the 60s. Do you see twice as many factories? NO! Max does not go far enough. The entire system has "cooked the books" to create false value that isn't there. GDP coming from insurance and financial products is fake GDP because these have no real value and a crash will come!
@doomz78 The average price of a Canadian home is $330,000 US. That's fairly expensive considering we have the smallest population per square km of any country in the world. Canadian's earn $6,400 US less per person than the United States. Canadians are only 75% as productive as Americans.
Canada has grown mortgage debt by 132% in the past ten years. In the US it was only 110%. $1 in 2000 costs $1.19 in 2010, so inflation only accounts for 14% of the total growth in Canadian mortgages.
yes the guy w/ glasses either doesn't get it (i.e takes MSM / WSJ marketing "news") word for word or is a liar....prob both.
Max is right about the corruption...just read "the quiet coup" by simon johnson...really google it and read it
summers and giethner in charge of fixing trying this .ENOUGH SAID ..there is a LACK OF POLITICAL WILL to give the BIG WIGS that operate more like HEDGE funds (the chop shoppe treatement) break the too big to fails up and re-instate glass seagall act.
Just because you put on glasses, doesn't mean your smart...and just because you're an ass kissing nerd whore of the banks doesn't mean you're not going to get fucked when paper money goes to zero. So I must say that nerdy moron on the other side of Max will be bent over and taking it right up his ass when he realizes his money isn't worth the paper it's printed on. So get your vaseline ready because you and the other sheep will be sheered.
this blonde bitch, needs to jerk off so that he won't stutter on his lies. Max knows his principles and looks at this bitch with contempt as he blabs not realizing he is getting fucked.
Seal yourself with holy spirit! Be holy, Root out your eyes for causing you to watch violence and pornography, cut away your sexual organs that lead you to adultery, sodomy, fornication, masturbation etc. Drink muriatic acid for smoking, abusing alcohol and drugs. Slit your throat for bowing to idols such as flag and crucifix. Do not attend church meetings, end Christendoom, restore Christian unity [Christianity], no church, no division!
Can you imagine France that has been the bastion of socialism in Europe for almost half a century now corrupted by US wall street and french businessmen talking like american bullshits from Wall street. The last vestige of Anglo-American Imperialism.
gobidly gook double speak thats a good way to describe the majority of economists. You know why I like Keiser? because he actually makes sense. He doesn't just throw all the confusing terms around that are essentially meaningless. Most economists are shrills that throw up smoke screens only to confuse you about this game your trapped in.
FYI Max Keiser is an American and this man is far from being stupid, in fact he is quite intelligent and I'm quite proud of him...as a fellow American. Also, I just so happen to be in Europe and I have to say that I'm not too impressed with SOME of the European choices in leaders. Berlusconi, Sarkozy just a to name a couple aren't that great. There are other soceities that are following in the steps of "stupid Americans". EVERYONE NEEDS TO WAKE UP.
Well said EL. Often the only thing dumber than an American is a non-American. Look at Britain they've done all the same stupid things but to a larger degree. Same with Iceland. China might look OK on paper but you have to remember that they are still a dictatorship with all the false reporting of GDP that goes with that.
Also the shit has yet to fully hit the fan. I've been bitching about our economic path since Clinton. Now we have to pay for the distortions of government.
Americans are incredibly stupid. They went from super patriotic to idiotic. They take and take and take the blows of fraud but the TV says nothing so everybody does nothing. They get paid in confeity but do sweet fuck all but watch sports and stupid violent movies. They deserve what's coming down the pike.
That interview was pathetic. I got frustrated trying to listen to them trying to make their points.
Whilst I understand and agree with what Max was saying he should have shown more restraint. Clearly that nerd was completely deluded and Max could have wiped him out without the need to interrupt.
The common enemy of humanity is man. In searching for a new enemy to unite us, we came up with the idea that pollution, the threat of global warming, water shortages, famine and the like would fit the bill. The real enemy then is humanity itself.
Democracy is no longer well suited for the tasks ahead. —From the Club of Romes The First Global Revolution p. 71,75 1993
The problem is that lots of American Peasants owning GS shares or related shares. Look the culture is such that if there is an opportunity or even half of an opportunity to jump on the GS train of profit making, almost no one will hesitate in the USA as well as around the globe. All down to money money money. When there is so call Smart Money, there is also tthe Smart Corruption.
Bonnevay: "As liquidity grows these toxic assets become less and less toxic because the households become solvent again."
Isn't what Bonnevay described with that quote simply a money supply increase that reinflates the value of assets and inflates away the value of the bad debts? Nice guy, wanting all that inflation for us in order to fix the economy. I wonder what his response will be when food and energy prices quadruple due to all of his wonderful inflation.
He's an academic, so he probably expects the house to appreciate by 3-5% a year normally since he said it is a long drawn out process. If there is zero equity in the home now, then in 5 years you will something like 15-25% equity.
The real problem with that statement is the visceral reality of a tightened credit market.
Banks were bailed out, ostensibly to create liquidity for consumers and small business but the reverse has occurred.
It is quite literally financial terrorism, they threatend to derail the american economy then took the money and pocketed it Precisely as max indicates here.
This comment has received too many negative votesshow
Americans like Max Keiser are best at repeating some same old rhetoric in order to give simple explanation to complex problems. Anyone who has a more well-rounded analytical view would be snubbed by them since they could speak louder than you and talk over you when you're speaking.
I would also like to add that citi is in a different position to Goldman in terms of total exposure:
citi = 387B
Goldman = 54B
Goldman even paid back their 10B TARP CPP as a token gesture.
citi (bank, BHC) fraud = FED/Treasury fraud. The banks do not act on their own, the act in concert with the FED, the FED does not act on its own, it only does through exploiting flawed legislation.
I think on the insolvency issue, that is what Max Keiser was referring to in regards to US banks, it is the exact reason there is no liquidity.
I wished I was given money from the taxpayer last year when the dow hit lows below 7000 and now is at 10000 (temporarily I might add). I would return the money with interest. :)
5 dancing Israelis arrested on 911 in NYC demand the US start & fight more wars for Israel. ~would have been too darn expensive to remove all that asbestos from the twin towers~ Modern day warrior Mean mean stride Todays Tom Sawyer Mean mean pride Though his mind is not for rent Dont put him down as arrogant His reserve a quiet defense Riding out the days events River What you say about his company Is what you say about society Catch the mist catch the myth Catch the mystery catch the drift
Max do not lump the American people in with the banking and political elite. This is clearly an insult to any tax paying US citizen.
Some of the Bank toxic assets (losses) are moving to the FED through the GSEs to the tune of 1.45T so far. Now in terms of the overall exposure to real estate, both commercial and residential, you cannot cover the all of the massive writedowns. But, you may have enough to shore up the to big to fails, which I understand it hold stock in the FED.
Those bankers who are stealing your money are the real insulters here, NOT the man who is telling you to wake up while they are robbing you, you dumbest of peasants!
The voting average US tax payer, are fair minded people, playing by the rules and not ignorant peasants. Max has a right to his opinion, but he is out of line with his rude comment.
Now if you are proposing some other kind of action other than lawfully remaining within and exercising our rights please elaborate.
Also please understand that the Bankers cannot fleece the american people without the complicity of the FED, Treasury and legislators. All are guilty of stealing my money.
1. Though Im not an expert Ill try to spell it out for ya:
The moment the federal government robbed you on historical scale & sold you out to the bankers sacrificing your interest & well being, then the contract between the people and the gov to be your formal representative has expired, & as of that crime, the gov officially no longer represents the interest of the people but the sharks who control it.
2. In that moment it is your duty to restore the US gov in accordance with the US constitution even by armed revolution if necessary for which reason your founding fathers armed you with weapons-to defend yourself from the tyrannical oppression, am I wrong? And you the people, as the 4th branch of the gov are in a perfectly legal position to exercise that right. Democracy must be refreshed with the blood of tyrants from time to time thats business as usual.
3. Besides you can also influence the course of the governance in ur country by affecting the economic cycles either thru non-compliance in business transactions with specific sectors of the economy or particular businesses. Also, as Max said, the citizens could buy out as much gold (as opposed to Twinkies) as possible and become a player no longer as easy to step over by the present governing criminal syndicate.
4. But, more than anything else you should smell the approaching imminent, permanent annihilation of your American dream (or delusion) by now, swallow your American pride for once and maybe grow a brain for starters - Although I'm not sure if THAT is still legal in the US, so you better check that out first with your government!
Don't get me wrong, I like Max's insight and knowledge, but bashing the dollar and economy that much is only goin to bring in one world currency faster is it not?
sebas28mtl, They ARE crashing the dollar and the economy deliberately AND specifically to CREATE A ONE WORLD CURRENCY. This is the end result of NAFTA and GAFTA and all the other "Trade Agreements" that have decimated the manufacturing base of the United States. Ross Perot warned us about this almost twenty years ago, but the media labeled him a "nutcase". Well he looks more like a prophet now. And how many nuts sell their companies to Dell Computer for $4 Billion dollars? Wake up people!!
No disrespect, but I doubt the fate of the US dollar/economy is resting on Max Keiser's opinion. It's going to happen regardless. Max is just letting you know in advance.
LMAO. After this interview I bet this morron went to change undies since Max kicked his you know what to the moon. One thing Max didn't say is the fact that most of the money JP and GS showed as profit this year came from AIG as some of the BS toxic assets were insured by them. Therefore the are showing our money as profit. You got to love it. Also don't forget how the FED killed Lehmans and Bear Sterns making sure there isn't any competition.
Max just destroys this bumbling idiot. Max is just telling it like it is. Mr. Bonneway is living in some dream world that only he and his banking friends have access to. In the real world, the people are being robbed blind. We get to absorb the banks losses and the bankers get to pay themselves multi-million dollar bonuses. Banks aren't injecting liquidity into anything, other than their own pockets. They have used the bailout money for bonuses and consolidation. Wall St is full of sociopaths.
Emergencies have always been the pretext on which the safeguards of individual liberty have been eroded.F.A. Hayek
As the economist Dr. Stuart Crane was fond of saying, Things in the monetary world dont just happen to happen. They happen because they were planned to happen.
Government is not reason; it is not eloquent; it is force. Like fire, it is a dangerous servant and a fearful master George Washington
Obama is creating cover for himself by trying to rein in pay on bank executives. The biggest fraud ever "Obama" knows what's down the pike. this is his Socialist dream come true.
Geithner is looking for that 125 million dollar job that ex treasury secretary Robert Rubin got (depite wrecking up Citigroup).
If you were Geither, you would give banks whatever they wanted in the hopes that after you are out of govt, you will get rewarded with a nice job at these banks.
Mark my words, he will be handsomely rewarded after his time in govt is up. Its the least the banks can do for all the taxpayer's money and junk securities he's helped take off their hands.
This is the worst Max Keiser video to date. He makes some good points, as usual, but is totally disrespectful to the other debater. The other debater may have been dead wrong, and a tool of the establishment, but deserves a turn to speak; but Max continued to rudely interrupt,so poor job by moderator. We might be in the midst of the deterioration of the entire financial system, the dollar, etc., but if we are not respectful in such discussions, we also risk the deterioration of civilization.
No, actually, max's deportment is largely due to the absurdity of the arguments being made by Bonnevay and So Many Others. Max is fed up with the level of deception being perpetrated while the American people and the people of the world are ROBBED by a criminal class of elite financiers.
Max isn't just spinning his wheels either, this analysis is spot-on.
"The American peasants have got to be the stupidest people in the world today." This is so true Max. I'm an American and I see what you're talking about. I'm sad to say that you're right! If the average American were not a stupid peasant they would be at congress' door with pitchforks and torches!
Well it's not like the "peasants" have any choice. Despite the majority of people protesting the bailouts, the government did it anyway. Does max suggest armed revolution against the country with the world's most feared military power?
I don't know, did those founding fathers really suggest armed revolution against the country with the world's most feared military power? How foolish, America could never defeat Great Brittan! Why they're the biggest military in the worlD!
I know you need two sides to have a debate but Frederic really irritates me. And I agree with Max, he is soft peddling financial terrorism. First of all fred says the banks are becoming solvent, but, that's only because the alphabet soup of toxic assets have been offloaded onto the American taxpayer and GSEs like fannie, Freddie, and FHA. And as we learned (the hard way) the implicit guarantee of the GSEs is actually EXPLICIT. Meaning we taxpayers are on the hook for them. So Max wins again IMO.
Completely agree. Schiff is for the rich and carries on policies that screw the working class. Max sees the economy for what it is imbalanced and in need of a correction.  Which means wealth slide from the rich to the poor.
I will have disagree on your view of Schiff, Schiff merely doesn't know history or the true nature of politics/banking. Schiff is oblivious to the elephant(satan) in the room.
Schiff is a completely sold on his Austrian economics model of deregulation and free market which completely benefits people in ivory tower positions in the market.
Well it can't be any worse than what we have now which is lots of regulation and a controlled market. I am not sure... all I know is we need the Republic to come back.
I'm not sure what the "lots of regulation" you are talking about. However I'm sure that the deregulation of the Glass-Steagall Act was incredibly short sighted. If businesses have to endure a few lawyers to get through more regulations to avoid an economic collapse, I'm all for it. I should also include repealing the decision of one judge in 1886 giving corporations the rights of a person and thus allowing them to lobby Washington according to the 14th amendment in the constitution.
Like I said I am not really sure, all I know is that the FED regulates the dollar which means they have their hands in everything. You seem to have studied this subject far more than I.
I donno bout that one. America became a very powerful and respected country do to its lack of regulation. All these messes we are in now started when the gvnm started sticking its nose in everything.
i hope this guy re watch this video.. after more than two years of video... shit still going on exactly like what MAX is saying in this video!!!
MAXINATOR IS RIGHT AGAIN
crumcon 1 month ago
April 25 2011..Captains Log...Economy still screwed..Still buying silver.
denverdog44 9 months ago
down 10% from being down 95%.
maj1kninja07 9 months ago
its really hard to take the blond guy seriously, especially now in hindsight. This blonde guy is spitting jibberish
MrGeestacks 10 months ago
@MrGeestacks your pretty right.. i think so too.. but i could find myself having a hard time letting this guy finishes his sentences.. since he is repeatingly talking bs.. :) pu pupupupu the the ehe public public.. :)
Blankito2007 6 months ago
wooot go MAX!
MrGeestacks 10 months ago
Max Keiser is totally right but he should have the good grace to let the other guy finish his sentences!
jeepsterrr 10 months ago
That Bonnvay guy is just educated but has no idea about the reality...
manoman0 11 months ago
I would love to send frederiec the moron this video just to show him how clueless he really is.
doire7 11 months ago
While about 90% of what Keiser says is true, he should be honestly introduced as "KGB Agent, Max Keiser" as that is exactly what he is. That's how he earns his living, doing programs for Russia Today, a mouthpiece for the KGB, while he lives comfortably in Paris. While more people should listen to what he has to say, HE should also tell us exactly where HIS money is coming from! And he should talk more about more things than just how the bankers are in control of America.
TomDavid88 1 year ago
@TomDavid88 hungry man on street of US is deliriously happy that you reveled that truth :) , now he can sleep still hungry but happy....keep one spending more money on army worldwide, until the end....
zmajcek70 1 year ago
@TomDavid88 NOBODY can destroy the US from the outside. They're doing it by themselves. All by themselves.
manoman0 11 months ago
@manoman0 It's largely the Jews who control both Wall Street and American foreign policy. They are destroying our Empire the same way they did Rome.
Sincerely,
Tom David
Minneapolis
TomDavid88 11 months ago
QE2 in 2010 what do you know... Keiser was right!
OzClawhammer 1 year ago
Back in late 2008 in an effort to 'save' the US economy the US regulators relaxed the rules on the use of market to market accounting which means that companies on Wallstreet are allowed to report PROJECTED profit as real profit something that ENRON has done for many yaer's. And we all know how that ended. It won't suprise me that in the year's to come we will see that alot of the reported profit on Wallstreet have infact be inflated by using the market to market methods and not just the banks.
jasan2121 1 year ago
The worst is behind us, the gods of finance have saved us, but you need to buy real assets before the old ways collapse, dont take it personally, just act.
brizzlekizzle 1 year ago
banks are scum
normalais 1 year ago
MAX IS SUCH A GANGSTA LOOK AT THAT WEASEL GULPING AND STUTTTTTTEERRRING
matello18 1 year ago
Shares must have become cheaper when the economy develops. This is not happening. Why?
Lafraim 1 year ago
Max actually mentioned this debate on his TAM radio show last year... "they sent some nerd to debate me on France24!!"
Love the Keiser brush-off tho'... fitting for Bonnevay.
zavida 1 year ago
My GOD, that was PAINFULLY embarrassing listening to Frederic Bonnevay. I actually felt like jumping in there and HELPING him "win" his point. (NOT!)
When he said the word "irrigation", the image of irrigating a person's colon came into my mind. Yes - that's what banks do: the ream people out up the ass.
deskset24 1 year ago
Of course this crisis is NOT over. This is just the beginning and it's so funny how our media tries to propagate the end of the crisis today.
Lintflas 1 year ago 2
Nothing would be feasible without the banks? What a liar, what a fraud. The world would be VASTLY better if people... and businesses... did productive work without borrowing.
honestann 1 year ago
@honestann
a lot of less educated ppl wouldnt work themselves in financial trouble so easy like they do now
Capeau 1 year ago
that gay is just fucked up by Max... gr8 job Max ;)
netprotector12 1 year ago
legend 
warriortravelers 1 year ago
I dont like Max Keiser, but sadly he as some very valid points and understands the bottom line.
sysopkc 1 year ago
I like the way the thin streak of p!@# refferred to the entire banking system as "we" 5:43
timmyotooleful 1 year ago
@timmyotooleful Good point. I am reminded of Malcolm X's speech about "house nergoes" and how he considered black people who used terms like "our Navy" and "our astronaunts" to be the same as house slaves who used first person plural when talkin gabout their master.
The elite banks are trying to solidy their place as our master and anyone supports them, no matter their race, should be called "house negroes." They indentify with their captors.
Rexanglorum 1 year ago
man, they must purposely put these idiots in front of Max to make him sound and look outrageous and crazy......"Financial Terrorist's" lol.....love you Max....
TheObserver2012 1 year ago
man, they must purposely put these idiots in front of Max to make him sound and look outrageous and crazy......"Financial Terrorist's" lol.....love you Max....
TheObserver2012 1 year ago
man, they must purposely put these idiots in front of Max to make him sound and look outrageous and crazy......"Financial Terrorist's" lol.....love you Max....
TheObserver2012 1 year ago
The American people are starting to wake up. We(Americans) didn't want to bail out the banks. The politicians are not listening to their constituents! But wait until Nov 2010.
mnjrupp 1 year ago
'the banking system is a policy tool that needs to be put to good use'
No Frederich, YOU are a policy TOOL
I don't know what you were seeing six months ago, but it is clear today that China is divesting out of US Dollars & into assets.
China & India say things like 'gold is a bubble' & then keep on buying tons of it. They also publicly might try to prop up the dollar, usually with only lip-service, but they seem to be just trying to keep its value high while they exit the position.
Jaycephus01 1 year ago
Spirits incarnate, living as humans, in our midst, moving openly and
freely, yet undetected by the masses, or even their hosts. Like the
spasms of a decapitated body, the fact of the matter, thats precisely
what it is, if you really think about it. Their illusions are many,
which overtake the sleepwalking masses. Now know that they do take
flesh and come among men, to mold a new species.
It's just a message for the stoke,
SaintVeil
LoneOarman 1 year ago
Max is the best, he allways has this shill to fight with
ekingh22 1 year ago
The government did the bailout dumbass...Max, don't just shout, it might work when you talk to stupid people, but when people who know what they are talking about hear him, then know that he is way off track and his arguments are flawed.
billyelliot1975 1 year ago
what is with this? the second vid ive seen where the frenchie knows what hes talking about, and the american is a dumbass
USA3333 1 year ago
banks get the cash from bailouts = households become solvet (@ 4minutes)
Keiser destroys Glass Joe in this laugher
packoo 1 year ago
Max Keiser kicks ass !!
victomOFtheLIGHT 1 year ago
Kaiser fails to point out that it is the state that sanctions this sinister activity. It's colluding with the financials and all those types of people.
The state is our enemy.
Vodka2389 1 year ago 2
Getting rather tired of Max's criticism of the American peasents as we're referred to. Not all of us are as fortunate as Max to be able to leave the country. Tell me, how is he any better?
irmatvep 1 year ago
weiser is a man of truth for sure.
musti149 1 year ago
Comment removed
drusillalaughs 1 year ago
There is no long term recovery possible. The earth's resources are finite. Our system is based on natural resources. When they run out, there can not be a financial system. The economy has apparently at least "doubled" since the 60s. Do you see twice as many factories? NO! Max does not go far enough. The entire system has "cooked the books" to create false value that isn't there. GDP coming from insurance and financial products is fake GDP because these have no real value and a crash will come!
louislingg69 1 year ago
the guybwith glsses eems like an actor ,because he is just talking schit
arrghgarry 1 year ago 2
lol at Max expression 2:42..like:yeah yeah u dumb french peasant!!!
shyynee 2 years ago
@doomz78 We are very dependent upon the USA for our economic well being. Be careful what you wish for.
Jacobrester 2 years ago
@doomz78 The average price of a Canadian home is $330,000 US. That's fairly expensive considering we have the smallest population per square km of any country in the world. Canadian's earn $6,400 US less per person than the United States. Canadians are only 75% as productive as Americans.
Canada has grown mortgage debt by 132% in the past ten years. In the US it was only 110%. $1 in 2000 costs $1.19 in 2010, so inflation only accounts for 14% of the total growth in Canadian mortgages.
Jacobrester 2 years ago
yes the guy w/ glasses either doesn't get it (i.e takes MSM / WSJ marketing "news") word for word or is a liar....prob both.
Max is right about the corruption...just read "the quiet coup" by simon johnson...really google it and read it
summers and giethner in charge of fixing trying this .ENOUGH SAID ..there is a LACK OF POLITICAL WILL to give the BIG WIGS that operate more like HEDGE funds (the chop shoppe treatement) break the too big to fails up and re-instate glass seagall act.
cpdaman 2 years ago
Just because you put on glasses, doesn't mean your smart...and just because you're an ass kissing nerd whore of the banks doesn't mean you're not going to get fucked when paper money goes to zero. So I must say that nerdy moron on the other side of Max will be bent over and taking it right up his ass when he realizes his money isn't worth the paper it's printed on. So get your vaseline ready because you and the other sheep will be sheered.
feseveri1911 2 years ago 2
this kind of seems like a saturday night live sketch.
ReservationAtDorsia9 2 years ago
as long as the american peasant has his pro sports, it's all good.
ReservationAtDorsia9 2 years ago
this blonde bitch, needs to jerk off so that he won't stutter on his lies. Max knows his principles and looks at this bitch with contempt as he blabs not realizing he is getting fucked.
albothor 2 years ago
MAX is telling like it is........Get em MAX!!!!
TheVideoMizer 2 years ago
the last US Treasury auction seemed to lack some INTEREST
ummm....cliff comin'
uturniaphobic 2 years ago
This has been flagged as spam show
.
CHRISTIANS OF THE WORLD DELIVERANCE IS COMING!
Seal yourself with holy spirit! Be holy, Root out your eyes for causing you to watch violence and pornography, cut away your sexual organs that lead you to adultery, sodomy, fornication, masturbation etc. Drink muriatic acid for smoking, abusing alcohol and drugs. Slit your throat for bowing to idols such as flag and crucifix. Do not attend church meetings, end Christendoom, restore Christian unity [Christianity], no church, no division!
.
conceil8 2 years ago
Oh Max, you are great
guydecervens 2 years ago
I love Max!
rctube1958 2 years ago
Can you imagine France that has been the bastion of socialism in Europe for almost half a century now corrupted by US wall street and french businessmen talking like american bullshits from Wall street. The last vestige of Anglo-American Imperialism.
junevi2000 2 years ago 2
gobidly gook double speak thats a good way to describe the majority of economists. You know why I like Keiser? because he actually makes sense. He doesn't just throw all the confusing terms around that are essentially meaningless. Most economists are shrills that throw up smoke screens only to confuse you about this game your trapped in.
djgiga 2 years ago 2
he he that guy is really no verbal match for Keiser he's like like that scientist from the Simpson's gwuhavian!! really not a fair match lol
djgiga 2 years ago
American Sheeple are gutless.
America - Land of the FEE, home of the SLAVE
clearasvodka 2 years ago 27
@clearasvodka Not all Americans are sheeple....of course you didn't say that, but reading your comment makes me want to cry because it's true...
negadelph 1 year ago
@clearasvodka WAIT AND SEE....THE GIANT IS AWAKENING!!!
treon123456 1 year ago
"thatstheguy07" is right.
Max should glove-slap that bitch.
nanciqwerty 2 years ago
Max! Max! Max! Max! Max! Max! Max! Max! Max! Max!
TWISTbeats 2 years ago 3
Max looks really scary, he easily body slams any deuce who is stupid enough to confront him.
mininow 2 years ago 2
You tell him Max. People's gullibility is truly frightening.
globalbankfraud 2 years ago
Have you read Conspiracy of the Rich by Robert Kiyosaki, or END THE FED by Ron Paul? Do you like Gerald Celente?
Lingerfoot 2 years ago
no, yes, yes
i think all people in authority should be screened for psychopathic tendencies and demoted if positive.
globalbankfraud 2 years ago
Max should'a gotten up and smacked that dink in the face with a glove.
thatstheguy07 2 years ago 2
Americans are not just stupid, they actually refuse to think.
bofors7715 2 years ago 2
FYI Max Keiser is an American and this man is far from being stupid, in fact he is quite intelligent and I'm quite proud of him...as a fellow American. Also, I just so happen to be in Europe and I have to say that I'm not too impressed with SOME of the European choices in leaders. Berlusconi, Sarkozy just a to name a couple aren't that great. There are other soceities that are following in the steps of "stupid Americans". EVERYONE NEEDS TO WAKE UP.
ELisSheba 2 years ago
indeed. and id have to say that "arent that great" in regards to the two crooks you mentioned is a serious understatement.
thatstheguy07 2 years ago
Well said EL. Often the only thing dumber than an American is a non-American. Look at Britain they've done all the same stupid things but to a larger degree. Same with Iceland. China might look OK on paper but you have to remember that they are still a dictatorship with all the false reporting of GDP that goes with that.
Also the shit has yet to fully hit the fan. I've been bitching about our economic path since Clinton. Now we have to pay for the distortions of government.
ReligionOfNice 2 years ago
Telling Americans to think is like telling them to workout. My fellow countrymen arent good in the physical sense or mental sense.
KingDrudge 2 years ago 3
yep, an apologist for banking terrorists
zeplinwolf 2 years ago 2
Never send Harry Potter in to argue on behalf of the big banks.
cybersphere 2 years ago 31
I thought that was Pinocchio
junevi2000 2 years ago
@cybersphere hahahahahahhahahahahaha when i read this comment I literally fell on the floor laughing.
SilencerRPMs 1 year ago
@cybersphere haha right
sonofnorth666 1 year ago
According to Gann theory, this could be the top and the next wave down for 2 years will be much worse than the last 2,
look at 1927, then 1929.
Stops are a good idea, ALWAYS.
TrevorsLee 2 years ago
Americans are incredibly stupid. They went from super patriotic to idiotic. They take and take and take the blows of fraud but the TV says nothing so everybody does nothing. They get paid in confeity but do sweet fuck all but watch sports and stupid violent movies. They deserve what's coming down the pike.
elucidative 2 years ago 2
The average American watches about 4-5 hours of mainstream TV a day, and this makes them dumber, not better informed.
cybersphere 2 years ago 3
That interview was pathetic. I got frustrated trying to listen to them trying to make their points.
Whilst I understand and agree with what Max was saying he should have shown more restraint. Clearly that nerd was completely deluded and Max could have wiped him out without the need to interrupt.
Dandaniels1978 2 years ago
Agenda 21: The Death Knell of Liberty
Jim ONeill
Canada Free Press
October 19, 2009
The common enemy of humanity is man. In searching for a new enemy to unite us, we came up with the idea that pollution, the threat of global warming, water shortages, famine and the like would fit the bill. The real enemy then is humanity itself.
Democracy is no longer well suited for the tasks ahead. —From the Club of Romes The First Global Revolution p. 71,75 1993
louis12346 2 years ago 2
Today, the dollar is 1.496 to the euro...
In May, it was 1.265 to the euro...
A drop of .23 That is almost 1/4 of the purchasing price of the dollar...
That means, that Brett Favre's salary is worth only 7.5 million instead of the 10 million he is supposed to receive...
Oh, it's gonna make a difference as it continues to plummet...
radiospirit 2 years ago
The problem is that lots of American Peasants owning GS shares or related shares. Look the culture is such that if there is an opportunity or even half of an opportunity to jump on the GS train of profit making, almost no one will hesitate in the USA as well as around the globe. All down to money money money. When there is so call Smart Money, there is also tthe Smart Corruption.
overseachininadoll 2 years ago
GIT EM' MAX!
motonegros 2 years ago 4
Jim rogers said gold may hit $2000 in 2019. Sounds like a poor buy. I guess we need to stock up big macs or coffee.
panther9mm 2 years ago
Bonnevay: "Without banks nothing would be possible."
Ok, this guy is now officially nuts.
john2knj 2 years ago 3
Bonnevay: "As liquidity grows these toxic assets become less and less toxic because the households become solvent again."
Isn't what Bonnevay described with that quote simply a money supply increase that reinflates the value of assets and inflates away the value of the bad debts? Nice guy, wanting all that inflation for us in order to fix the economy. I wonder what his response will be when food and energy prices quadruple due to all of his wonderful inflation.
john2knj 2 years ago
He's an academic, so he probably expects the house to appreciate by 3-5% a year normally since he said it is a long drawn out process. If there is zero equity in the home now, then in 5 years you will something like 15-25% equity.
panther9mm 2 years ago
The real problem with that statement is the visceral reality of a tightened credit market.
Banks were bailed out, ostensibly to create liquidity for consumers and small business but the reverse has occurred.
It is quite literally financial terrorism, they threatend to derail the american economy then took the money and pocketed it Precisely as max indicates here.
diogeneslaertius666 2 years ago 2
Yes, you pegged it. With an increase in money supply necessary to prop up housing prices we would see a much larger increase in consumer prices.
ReligionOfNice 2 years ago
the banker apologist looks like woody allen, lol.
too bad they ended up talking over each other so much, so everybody's points got a bit swallowed.
TheHorsenation 2 years ago
Dude, I knew the second I saw this dufus, Max was gonna eat him up ans spit him out
seanboy80 2 years ago 5
I don't like peter schiff something is really fishy with that guy
Max is great
TheFlex21 2 years ago
This comment has received too many negative votes show
Americans like Max Keiser are best at repeating some same old rhetoric in order to give simple explanation to complex problems. Anyone who has a more well-rounded analytical view would be snubbed by them since they could speak louder than you and talk over you when you're speaking.
Lamgua 2 years ago
Comment removed
BlindWebster 2 years ago 2
You criticize his analysis but don't bother to even point out where he's wrong.
Sivels 1 year ago
I would also like to add that citi is in a different position to Goldman in terms of total exposure:
citi = 387B
Goldman = 54B
Goldman even paid back their 10B TARP CPP as a token gesture.
citi (bank, BHC) fraud = FED/Treasury fraud. The banks do not act on their own, the act in concert with the FED, the FED does not act on its own, it only does through exploiting flawed legislation.
The problem is not liquidity it is insolvency.
personova 2 years ago
Where do you get your numbers on exposure?
I think on the insolvency issue, that is what Max Keiser was referring to in regards to US banks, it is the exact reason there is no liquidity.
I wished I was given money from the taxpayer last year when the dow hit lows below 7000 and now is at 10000 (temporarily I might add). I would return the money with interest. :)
Dean0000007 2 years ago
ryanshaunkelly 2 years ago 3
News flash Obama to sign treaty to set up World Government
MayonR 2 years ago 4
Max do not lump the American people in with the banking and political elite. This is clearly an insult to any tax paying US citizen.
Some of the Bank toxic assets (losses) are moving to the FED through the GSEs to the tune of 1.45T so far. Now in terms of the overall exposure to real estate, both commercial and residential, you cannot cover the all of the massive writedowns. But, you may have enough to shore up the to big to fails, which I understand it hold stock in the FED.
personova 2 years ago
Those bankers who are stealing your money are the real insulters here, NOT the man who is telling you to wake up while they are robbing you, you dumbest of peasants!
Armando7654 2 years ago 2
The voting average US tax payer, are fair minded people, playing by the rules and not ignorant peasants. Max has a right to his opinion, but he is out of line with his rude comment.
Now if you are proposing some other kind of action other than lawfully remaining within and exercising our rights please elaborate.
Also please understand that the Bankers cannot fleece the american people without the complicity of the FED, Treasury and legislators. All are guilty of stealing my money.
personova 2 years ago
1. Though Im not an expert Ill try to spell it out for ya:
The moment the federal government robbed you on historical scale & sold you out to the bankers sacrificing your interest & well being, then the contract between the people and the gov to be your formal representative has expired, & as of that crime, the gov officially no longer represents the interest of the people but the sharks who control it.
Armando7654 2 years ago 4
2. In that moment it is your duty to restore the US gov in accordance with the US constitution even by armed revolution if necessary for which reason your founding fathers armed you with weapons-to defend yourself from the tyrannical oppression, am I wrong? And you the people, as the 4th branch of the gov are in a perfectly legal position to exercise that right. Democracy must be refreshed with the blood of tyrants from time to time thats business as usual.
Armando7654 2 years ago 3
3. Besides you can also influence the course of the governance in ur country by affecting the economic cycles either thru non-compliance in business transactions with specific sectors of the economy or particular businesses. Also, as Max said, the citizens could buy out as much gold (as opposed to Twinkies) as possible and become a player no longer as easy to step over by the present governing criminal syndicate.
Armando7654 2 years ago 3
4. But, more than anything else you should smell the approaching imminent, permanent annihilation of your American dream (or delusion) by now, swallow your American pride for once and maybe grow a brain for starters - Although I'm not sure if THAT is still legal in the US, so you better check that out first with your government!
Armando7654 2 years ago 3
Well I know my Congressman, and his lovely wife and his three children.
Specifically, what would you have me do?
Help me grow a brain.
Thanks
personova 2 years ago
learn to read !
Armando7654 2 years ago
Comment removed
BlindWebster 2 years ago
They need to blow up the banker for real. Max keiser , Alex Jone and Glenn Beck need to team together to spread the informantion. Word up!
Tee250 2 years ago
wow I wana punch this guy who Max is debating in the face. He's so stupid.
siasina 2 years ago 6
Hey Max, I tried to cook books , they did not taste well could you please forward me your recipe , lol
tuktukktotam 2 years ago 3
he's right. you're all a bunch of fat fucking retards.
chumbels 2 years ago 3
world economic crisis:
International Banksters (politicians puppets, etc.) : 3
Ordinary Mankind: 0
telkines 2 years ago
you just need to have a look at Maxs opponent, and all becomes clear :)
dinkolino2 2 years ago 2
Google?
sebas28mtl 2 years ago
also 1:35 sorry (before the peasantry part)
Don't get me wrong, I like Max's insight and knowledge, but bashing the dollar and economy that much is only goin to bring in one world currency faster is it not?
sebas28mtl 2 years ago
sonnyridoc 2 years ago 4
No disrespect, but I doubt the fate of the US dollar/economy is resting on Max Keiser's opinion. It's going to happen regardless. Max is just letting you know in advance.
cahill22 2 years ago
It certainly seemed to rest on the opinion of Robert Fisk not too long ago...
abe2517 2 years ago
Seemed or did? And if it did, how so?
cahill22 2 years ago
LMAO. After this interview I bet this morron went to change undies since Max kicked his you know what to the moon. One thing Max didn't say is the fact that most of the money JP and GS showed as profit this year came from AIG as some of the BS toxic assets were insured by them. Therefore the are showing our money as profit. You got to love it. Also don't forget how the FED killed Lehmans and Bear Sterns making sure there isn't any competition.
AEKARA27 2 years ago 4
I retract what I said about Teleprompter at
1:06 1:11 2:11 (and Major Geek as an opponent)
Max is constant in his message and only uses it for his key messages in the intro...which is 100% ok.
sebas28mtl 2 years ago
(1.06 should be 1.06 not 1.08)
sebas28mtl 2 years ago
Comment removed
sebas28mtl 2 years ago
Yup just like suicide bombers. Excellent analogy.  They've hijacked our economy and society.
Egyptianprincess1996 2 years ago 5
God i love Max.
audiohi 2 years ago
Max just destroys this bumbling idiot. Max is just telling it like it is. Mr. Bonneway is living in some dream world that only he and his banking friends have access to. In the real world, the people are being robbed blind. We get to absorb the banks losses and the bankers get to pay themselves multi-million dollar bonuses. Banks aren't injecting liquidity into anything, other than their own pockets. They have used the bailout money for bonuses and consolidation. Wall St is full of sociopaths.
000deadcalm000 2 years ago 6
Emergencies have always been the pretext on which the safeguards of individual liberty have been eroded.F.A. Hayek
As the economist Dr. Stuart Crane was fond of saying, Things in the monetary world dont just happen to happen. They happen because they were planned to happen.
Government is not reason; it is not eloquent; it is force. Like fire, it is a dangerous servant and a fearful master George Washington
WarDogLRS 2 years ago 5
Max, Thanks for speaking the truth and
saying what needed to be said. Its game
over people. Time to wake up and realize
you have been sold out by your Government
to the Banksters. Anybody know how to
build a guillotine? We can set it up right
on the front steps of the Capitol building.
It is high time we let these fuckers know
that there will be consequences for their
acts of treason against the American public. "Let justice be done,  Though the Heavens fall.."
sonnyridoc 2 years ago 3
Obama is creating cover for himself by trying to rein in pay on bank executives. The biggest fraud ever "Obama" knows what's down the pike. this is his Socialist dream come true.
homertalk 2 years ago
damn Max straight whooped that kid's ass!! Ka-PIE-Yow Son!.. now STFU* and sit down!
BoniusRx 2 years ago
Geithner is looking for that 125 million dollar job that ex treasury secretary Robert Rubin got (depite wrecking up Citigroup).
If you were Geither, you would give banks whatever they wanted in the hopes that after you are out of govt, you will get rewarded with a nice job at these banks.
Mark my words, he will be handsomely rewarded after his time in govt is up. Its the least the banks can do for all the taxpayer's money and junk securities he's helped take off their hands.
orangedac 2 years ago
Poor Mr. Bonneway
quitearow 2 years ago
that french idiot is bank apologist!
asphyxiafeeling 2 years ago
buddy with the shades sounds retarded
dopeskies 2 years ago
Agreed, I think he's spent too much time in France playing with giant dildos and snails.
32GaugeSlug 2 years ago
Bravo, Max Keiser!
A *funny* and incendiary leftist -- now there's what we need more of.
v1m 2 years ago 2
MAX RULES
amcanmike 2 years ago 2
looks like the banks are gettin desperate to pay this geeky lookin whimp to defend their image.
Probesoul 2 years ago
This is the worst Max Keiser video to date. He makes some good points, as usual, but is totally disrespectful to the other debater. The other debater may have been dead wrong, and a tool of the establishment, but deserves a turn to speak; but Max continued to rudely interrupt,so poor job by moderator. We might be in the midst of the deterioration of the entire financial system, the dollar, etc., but if we are not respectful in such discussions, we also risk the deterioration of civilization.
sjspellman 2 years ago
who cares
rikestard 2 years ago
He was probably bullied a lot when he was a kid, so he is taking it out on that weakling.
panther9mm 2 years ago
No, actually, max's deportment is largely due to the absurdity of the arguments being made by Bonnevay and So Many Others. Max is fed up with the level of deception being perpetrated while the American people and the people of the world are ROBBED by a criminal class of elite financiers.
Max isn't just spinning his wheels either, this analysis is spot-on.
diogeneslaertius666 2 years ago 6
Nope, he's just fed up with the con job the other guy was trying to sell as the greatest robbery in human history is unfolding.
The other guy was a shill making excuses for that robbery.
ReligionOfNice 2 years ago 3
I thought Max was a little nerdy or geeky, and the other guy took the cake for being ultra geeky. I guess most people here disagree with me.
panther9mm 2 years ago 2
The guy with glasses is a moron.
UCSDEngineerDoctor 2 years ago
Keiser cuts through the gobbledegook.
leafwatch 2 years ago 3
Bailing out the banksters, is like giving Somali prirates nukes.
prescottbill 2 years ago 3
"The American peasants have got to be the stupidest people in the world today." This is so true Max. I'm an American and I see what you're talking about. I'm sad to say that you're right! If the average American were not a stupid peasant they would be at congress' door with pitchforks and torches!
vidviewer619 2 years ago 7
Fred is a douche bag
votethirdparty2012 2 years ago
Well it's not like the "peasants" have any choice. Despite the majority of people protesting the bailouts, the government did it anyway. Does max suggest armed revolution against the country with the world's most feared military power?
rockhardxrocker 2 years ago
I don't know, did those founding fathers really suggest armed revolution against the country with the world's most feared military power? How foolish, America could never defeat Great Brittan! Why they're the biggest military in the worlD!
BrianLittleton53 2 years ago
I know you need two sides to have a debate but Frederic really irritates me. And I agree with Max, he is soft peddling financial terrorism. First of all fred says the banks are becoming solvent, but, that's only because the alphabet soup of toxic assets have been offloaded onto the American taxpayer and GSEs like fannie, Freddie, and FHA. And as we learned (the hard way) the implicit guarantee of the GSEs is actually EXPLICIT. Meaning we taxpayers are on the hook for them. So Max wins again IMO.
GoldenBoughTrader 2 years ago 2
Did He just say I know how to cook the books, He DID IT! LOL! Wallstreet is much worse than the Mafia,LOL!
Hendo1974 2 years ago 2
this poor kid having to go up against a giant like Max. It's just not a fair debate.
BlueEagle8 2 years ago 7
Look at this French pussay.
Alexharcourt 2 years ago 2
Comment removed
JiveDadson 2 years ago
Max pwns all, including Schiff and others who I like but Max is on another level.
Max for world leader!!!
rikestard 2 years ago 3
Completely agree. Schiff is for the rich and carries on policies that screw the working class. Max sees the economy for what it is imbalanced and in need of a correction.  Which means wealth slide from the rich to the poor.
Dean0000007 2 years ago
I will have disagree on your view of Schiff, Schiff merely doesn't know history or the true nature of politics/banking. Schiff is oblivious to the elephant(satan) in the room.
rikestard 2 years ago
Schiff is a completely sold on his Austrian economics model of deregulation and free market which completely benefits people in ivory tower positions in the market.
Dean0000007 2 years ago
Well it can't be any worse than what we have now which is lots of regulation and a controlled market. I am not sure... all I know is we need the Republic to come back.
rikestard 2 years ago
I'm not sure what the "lots of regulation" you are talking about. However I'm sure that the deregulation of the Glass-Steagall Act was incredibly short sighted. If businesses have to endure a few lawyers to get through more regulations to avoid an economic collapse, I'm all for it. I should also include repealing the decision of one judge in 1886 giving corporations the rights of a person and thus allowing them to lobby Washington according to the 14th amendment in the constitution.
Dean0000007 2 years ago
Like I said I am not really sure, all I know is that the FED regulates the dollar which means they have their hands in everything. You seem to have studied this subject far more than I.
rikestard 2 years ago
Hopefully the Fed will be audited soon.
Dean0000007 2 years ago 4
I donno bout that one. America became a very powerful and respected country do to its lack of regulation. All these messes we are in now started when the gvnm started sticking its nose in everything.
Cleancutchaos 2 years ago
America is a powerful country based on entrepreneurship and it succeeded the most overall when the rich wasï