Max Keiser on The Real Deal

http://maxkeiser.com
Max Keiser interviewed by George Galloway about Dubai

Category:

News & Politics

Tags:

• max keiser
• real deal
• george galloway

[elite1980s]

I'm British tax payer, does that mean that I own a piece of Dubai or kept in the dark with more debt by RBC & Lloyds. Thanks of course to the Government's wise decision to bale out these Banks but not those in debt like the poor man on the streets. I can see who calls the shots at the heart of government, and it ain't the tax payers..

[MrColt45acp]

Very interesting comment Max makes about his sources in Saudia Arabia and the Ghawar oil field declining at 10% per year for the last three years.

I have yet to hear this anywhere else.

If this is true, we are F***ked.

This would validate the comments from the IEA whistle blower who said that "there was pressure from the US to intentionaly overstate remaining oil reserves in order to avoid oil hoarding and further financial collapse".

hang on, the ride is going to get bumpy!

[drgazart1]

get out goverment out mps and bank scams people not good this greedy world is shit, rat race we are in, merry xmas :)

[jimbobubbadj]

Tobacco, I agree with you that it will be deflation. Where we probably part company is that I feel hyperinflation will occur later. Perhaps both can occur at the same time. Housing values declining and food prices increasing.

[liamsherif]

@Immy1993 I dont think he was literally saying they built them with their bare hands but obviously he meant they had them built. Their money built the skyscrapers is what he meant.

[Immy1993]

Galloway still has no clue of the arab world...bedouins did not build a squat in Dubai. Design/architecture was done in the US or Europe and operational from engineering, project management, and labor all from Asia (mainly South).

[doctorofghetto]

This article is a good summary of Dubai and its status. Feel free to search for:

"Dubai (aka Debt-Bai) real estate wipeout

kicks off Stage 2 of the global depression"

From rickackerman (dot) com

[Tobacc0]

Max, you nailed it. There is a LOT of room for deflation. A lot of Americans are predicting hyper-inflation simply because they have no experience of deflation. We're looking at 10 years of malaise and drift downwards. The global situation is an almost exact parallel of Japan 15 years ago.

[AmmberSexyy]

my cam is running abd i am really bored with all that stuff

[awesomewelles90]

part irish too

[trinomialtree]

allah blesses chairman bernanke and secretary geithner for sending sidewinder missiles straight up the shorts of american taxpayers.

[gammabun]

Ruledia, its a very small counrty next to moldavia in ex-ussr