Max Keiser - Predicting "absolute banking catastrophe" - September 2007

Here is Max Keiser on France 24 on September 18, 2007 saying that the crisis would get worse and we would see "an absolute banking catastrophe." The fellow guest from the Sorbonne then responds "no, no" it won't be that bad . . .

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[UDoHaveMyName]

Max Keiser is one to listen to

[agfigueroaa]

What I like of MK is that he takes into account the shadow banking system when predicting and commenting. Contrary to others such as Mr. Schiff, who I also listen carefully.

[ratbertovich]

Max is brilliant, but the real question is who is Catherine? "Noo, nooo, noo..." Well, she surely feels stupid now.

Iceland, Greece and Ireland are gone. Portugal and Spain are on the way. Chrysler and Pontiac are gone. National debts of US and EU skyrocketed to "bail out" the banks. "Absolute banking catastrophe"? "noo, noo, noo..."

Indeed, fools like this got us here.

[gosciu555]

Goo back to your homes, everything is fine, people put down your pitchforks and dispurse.

[whaler3232]

Salt used to as good as gold until modern techniques made salt abundant- I can't see this changing anytime soon. As I can see you are being sarcastic, if youre looking at a food based commodity, canned food in my opinion could be worth its weight in gold some day. However for your financial survival, gold and silver are the very best.

[ParapaDrifter]

what do you think about salt? salt could be a scarcity. and people NEED it for survival.

[whaler3232]

Got Gold? Got Silver? Physical?

[everst]

this is gold

[basszack]

haha!! you are on to something!!

[flameblitz]

That's coz she has nice rack.

You see... nice rack > rational thinking.

[getplaning]

Another economist who is very accurate with forecasting is Enzio Von Pfeil.

[basszack]

and she still has a job i would guess as the rest of us look for work.figures!