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Episode 441

May 06, 2013 07:46

Spencer Platt/Getty Images/AFP

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Max Keiser and Stacy Herbert discuss that feeling you get when you’ve blown your life savings on a carnival game and all you have to show for it is a stuffed banana with dreadlocks and how the entire global financial system is not too dissimilar. They also note that those blowing their life savings on a rigged game, or stock market, always seem to turn to doubling down in a vain attempt to win back all that they lost. In the second half, Max talks to the author of Paper Money Collapse, Detlev Schlichter of DetlevSchlichter.com, about ECB policy, and the gold battle between Chinese housewives and Wall Street.

Comments (22)

 

dbzwolle 13.05.2013 23:16

How to build a useful and productive society without killing the populous! Can you imagine, your an alien race and left your kids to watch over the peons on this planet! Seeing what's going on now, you can only imagine, OMG, the kids have gotten into the Box-of-Model Glue! There seeing some type of crazy illusion, what in god name! What happen now when these peons rise up and come after the Crazy loonies left in charge? Are they going to get into a glue sniffing attitude and start seeing the same illusion???? Or, are they going to crumble society and create something better????

Anonymous user 10.05.2013 05:16

Trades should take 3 days. Then money invested for return. Then markets control economy less so

 

william enick 10.05.2013 03:42

to sunny....hahaha,or hehehe or did you buy gold yet?

View all comments (22)
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