Keiser Report: State Of The Banana (E242)

In this episode, Max Keiser and co-host, Stacy Herbert, discuss the State of the Banana Republic, the blowout at Apple with its profits 'trapped' overseas and the gloomy State of the Stiff Upper Lip as UK family debts soar by nearly 50%. And, finally, Max and Stacy examine a proposal that bankers, like Goldman Sachs' Lloyd Blankfein and JP Morgan's Jamie Dimon, should compete like strippers on the open job market.

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• apple
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• Episode 242
• E242

[deutschbuch30]

My friend bought an iPhone from another country, last time we connected it to the internet it got intentionally blocked and formatted by the apple site. At the Apple service, the apple guy refused to either help us or give us a hint how to fix the shit because "Oh it was purchased in another country, we need a certificate, we need blah blah blah..."

Apple is such a piece of proprietary crap. DON'T BUY APPLE!

[comprehensiveboy]

USA = too big to fail. Too dumb to succeed

[punstress]

Louis CK is awesome.

[punstress]

Believe it or not, you can't copyright a title (i.e., Californication).

[kargwain187]

@chairde the eu are a gang of ex chil;d murderers who are oh so trying to get back to it , but lack the power to do so atr the minute, thats my attitude towards that crowd of bastards. As for the china thing , i have to admit i got it from the media about a year ago i think ... it was declared that china had over taken them ... where they wrong (actually asking , not being an asshole) Im not sure waste extraction quite covers then scope of what is going on to be fair

[chairde]

@kargwain187 I don't understand your attitude towards the rest of the EU. In any case America isn't anywhere near collapse. I have been through recession before and like I stated it is part of the system. It is a way the system cleans out the waste. Please tell me where you got your information that China's economy exceeds that of Japan. I told you that I follow George Friedman. You can find his videos here on youtube. Where do you get your "facts"?

[kargwain187]

@chairde im irish like my forefathers before me, and it will take more than snide comments to change that and you are totally incorrect, the economy of china has over taken japans and is still rising fast as opposed to the econ. of america , im starting to suspect your playing the 80s handbook, its a new world my friend. I think you have me wrong here, i dont wish for america to collapse, i have some family there, im just saying unless the place starts working for the people it will

[chairde]

@kargwain187 You are in serious denial about being European. The economy of Japan is larger than the economy of China. So you simply do not know the numbers. The economy of the United States is 14 trillion dollars which is larger than the next four combined. The Euro was designed to overtake the dollar and now look at the Euro. Look at your vaulted Celtic Tiger now and tell me who is in serious trouble.

[kargwain187]

@chairde I am not european and trust me , ill die before i get that label. As for the states decline, its not just an economic decline my friend. Its the fact that your leaders have gone insane. It is widely acknowledged that china will over take the us economically, only someone speaking through vain hope could deny this. On that day america will have lost its dollar reserve status by default (if not already) without that he us will retract at to rapid a pace to survive.

[chairde]

@kargwain187 Typical European tunnel vision. I am 65 years old and I've been hearing this "America will collapse" for decades now. I suggest that you read George Friedman's book, "The Next 100 Years". As an example population in the EU is falling like a stone. Also the population of Russia is in a death spiral. While the US is actually growing in population. Recessions come and go it is part of the system. Slan go foil

[kargwain187]

@chairde its mo chara but im still impressed that you would know of the term though :) ... China has a very large advantage over america , the chinese run their economy for their own benefit, i dont believe that they will collapse. Either way the united states is finished as a 1st rate power, the same thing happened to the brits back in the day, they are still around, but they seem to have some hearty delusions about themselves. The us has overstretched and now many other nations are o

[chairde]

@kargwain187 Sorry mo cara but China has already topped out. China has serious internal issues with the non Han Chinese within its borders. Also China is now making work projects building cities that the Chinese can't afford to live in. Couple that with the problem about the workforce wanting a higher standard of living and China will not be the leaders of the world. There will be serious problems in China and it will falter.