Max Keiser On the Edge - 29 May 2009 pt 1 / 3

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[mattgeb84]

YES YES !!!!

WATER BOARD geithner, and paulson

[entotrefirelol]

Because it's being done on purpose!

It's all intentional!

[LastReplaySC]

it was called or known as the "chimerican deal".

in a way yes, but on the other hand no, because as long as it generated enough growth in china, it was a symbiosis, that neither country wanted to miss.

Basically the "Chimerican deal" was a stable 20 year long racket.

US get investments to consume goods made in China while the US production industry produced in china making the money in form of local tax for the investment. THE US Spent their money instead of investing in the US.

[LastReplaySC]

thats the/my medium -term bet

[klard]

30percentplusreturns: You may have explained why there is no answer to those folks pushing metals now. The bankers are enjoying it as another opportunity to thieve.

[30percentplusreturns]

Government is already confiscating gold but not the plain vanilla way like the 1930s. The govt owns the banks and the banks are obtaining all of the gold and silver through the etf's. While everyone thinks they own gold and silver by buying GLD and SLV, in reality they own an investment, "Similar" to gold and silver as per the prospectus. One will wake up one morning with these etf's down 90% and bullion up 300%. While the banks get the bullion, they are shorting on the futures market

[klard]

30percentplusreturns: What about the prospect of a government gold confiscation? There is precedence in the 1933 confiscation. If the US currency looses its status as international reserve currency the Federal Reserve will be forced to find a value for backing for its currency.

[30percentplusreturns]

Gold and silver. The only honest money. All confidence in all fiat currencies will collapse within 5 years. I just liquidated my ira on this run up and am buying bullion and storing it in my house. I cant take these banker fraudsters anymore.

[kroznot]

the us military is not broke. at least half of the bailout money, which is now in the trillions, is going to complete the construction of a global police state. they don't need to borrow more money from anyone now, they will reorient the entire us economy into a war economy. Once the mask is off, China will have to retreat out of africa because they will realize they are desperately outmatched strategically and technologically. How many bases does china have outside of china?

[rayme4raw]

I've been reading how Geithner went to China this week to reassure them that the US is committed to a strong dollar and that there would be no Hyperinflation, the Chinese students all laughed at him. Although how a broke US & UK can prevent China from just taking Africa is beyond me. The American people are rapidly getting ready to revolt against all the Military spending as our economy collapses, Obama (where is your birth cert?) is in for a surprise.

[kroznot]

China was lulled into buying the debt in return for international political favors, like the Olympics and weapons technology. While the larger nations were deciding among themselves which smaller nations would ultimately be given to whom, china was promised that if they financed middle eastern wars, they would be given africa. They seem to have taken the bait ten years ago, but they have good reason to doubt that US and UK will keep their promises now.

[cds162]

we are doomed!