Obama, beware another economic tsunami

Economist, author and journalist Max Wolff sits down with RT's Anastasia Churkina to explain why it's too early for Americans to throw on the party hats - the worst for the economy is still to come.

Category:

News & Politics

Tags:

• max wolff
• economy
• economic meltdown
• obama
• recovery
• cover-up
• george bush
• president
• huffington post
• huffpo
• analysis
• foreclosures
• market economy
• u.s. economy
• wall street
• accountability
• dollar
• reserve currency
• china
• brazil
• russia
• BRIC
• developing economy
• tea party
• revolution
• recession
• taxes
• taxpayers
• mortgage
• default
• consumption
• rt
• russia today
• anastasia churkina

[rsnboy08]

Yes he is right, every time I watch RT I get depressed and i don't even have a will to masturbate, so the cure is to go and watch CNN and FOX and other worthless networks, so they can take me back to LALA LEND, where I forget how badly we are getting screwed every day!

[dabruin2]

Wonderful interview. 5 stars!

There was so much information provided in such a short period of time!

Check out the brain on Max!

[TWSceptic]

@kpgps "As for Russian news, they don't want the U.S. to survive this crisis."

LOL Russian news, unlike US news, don't care about their personal gain. They just want to bring a breath of fresh air, without the lies and deceit.

[TWSceptic]

@kpgps Schiff & Celente are just expressing their beliefs about economics. If they make a profit while doing so, that actually shows they are not only good forecasters and economists, but also good business man. The fact that you see this as a negative thing, says more about you than about of mr Schiff and mr Celente.

[bmw200000]

purveyours

[lgarvey]

Does this interviewer even speak English? I make out a few words, but largely she is talking 95% Russian. 

Oh wait, she speaks perfect English. I was duped by Bill O'Reilly again!

[onstageagain]

Donald Trump has not always been my favorite of personalities, but undeniably does business all around the world & continues for yrs 40 yrs , one of the most successful businessmen in the world going back to the Kennedy days. The US is a business, This video speaks volumes on Obama . He may run in 2012 but he won't get my vote. Trump on Obama, China, OPEC and more

[kpgps]

@progressfreight I don't want the USA to survive the crisis, I got too much money riding on the failure. USA is gone forever, it's too late to do anything. We're going to die, ahhhhhhhhhhhh!!!!!!

[progressfreight]

@kpgps do you think people in charge want USA to survive the crisis?

[RMBVP]

@rsnboy08 some state that it's thanks to Clinton taking off the regulations that caused the ten year rise and fall that bush was caught in. Then Obama trying to use the deficit like a credit card and doubling our debt. Also the US would stop trading with the outside world and starve them if they shut out the dollar to a lesser form of currency. They don't want the dollar, their economy takes a hit.