Episode 279

April 24, 2012 07:30
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­In this episode, Max Keiser and co-host Stacy Herbert discuss debt piles and thin dimes. They also discuss Christine Lagarde begging for money outside Penn Station while insider trading bankers “charitably” talk to beggars at Grand Central. In the second half of the show, Max talks to economist Michael Hudson about the austerity, debt and fraudulent conveyance.

Comments (5)

Romeo 28.04.2012 18:53

Excellent Interview!!!! The real true. People are worry about their debts!! They shouldn't be. Sooner rather than later all debts in the world will be write off there, is no way out. The actual debt (Personal, corporate, government,ect..) is IRREPAYABLE. So the sooner we stop paying our debts the sooner we will be out of this mess.There is not difference in have a huge debt that you will never repaid in full and been insolvent or bankrupted. Having a huge debt that you can't repay means that you are tecnically insolvent. In 1947 Germany write off all the world debt after the 2nd War World. In the Babylonia era they have complicated and more sophisticated maths than we have nowadays and they too have written off debts to solve their financial crisis. Normally every 50 years debts has been written off. The reason they haven't done this time after fifty year since 1947+ 50=1997 is because they came with the idea of quantitative easing in other words (printing money). So the buble has been getting bigger and bigger. So we know now that this medicine (quantitative easing) is worst than the illness (DEBT financial crisis). So get some courage and stop paying your debts and let's start all together again!!!!

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Gary Doherty 27.04.2012 05:42

Great show great guest and the setting for it was top quality.I loved the back ground  noise of the city at work.It made me smile when the wind was  gentley wafting Staceys hair,it sprang to mind the camera panning back and in the style of Zoolander, Max aiming a portable fan at her head.....Dr Hudson must be a great teacher as he was very easy for me to understand....I need to google Marxism as posters on here seem to think it's the root of all evil!Thanks to R T for sorting out the 'glitch' that stoped the posts for a while and thanks to Staceys stylist for not having her wear the striped shirt with the striped jacket it would have been a car wreck of a clash of two quality garments...

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Mao 26.04.2012 19:25

Good news

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