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Episode 546

January 07, 2014 11:30

Photo from casascius.com

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In this episode of the Keiser Report, Max Keiser and Stacy Herbert discuss the Ka-Boom! and Ka-Bust! economics of extinction in the UK property market as Thatcher’s slow-motion housing time-bomb ticks away under the British economy, where demand continues to outstrip supply by a factor of 2-to-1 and where one woman being forced out of social housing complains: “I’m sure if they had their way, they would kill us. I really believe that.” In the second half, Max interviews Liam Halligan of the Telegraph about austerity, extinction economics, bitcoin and all those towns up North, of which Max can only name three.

Comments (28)

 

Rafael 04.02.2014 20:54

Liam Halligan stated Q1 was necessary because of too big too fail, which it only goes to perpetuate a lie and the fraud it hides.
The ususal proceedure when a bank fails is for the government to intervein it, manage it while getting rid of the bad assets, clean it up and sell it back to the private sector
WHY WASN'T THIS NORMAL PROCEDURE FOLLOWED?
Mexico nationalized ALL banks in 1982 and resold them many years later to stop a collapse and it worked out, so why would the US government take over the biggest FAILED banks and did the same?

All those failed banksters would have been sacked instead of sucking more wealth

 

Alex Gregory 11.01.2014 16:39

You have discovered the British Class system and how backwards it makes this country. The best schools and education has resulted in almost zero joined up thinking. Everything seems to be dealt with on a 12 month time scale resulting in long foreseen issues coming to a head. Energy an ageing population employment issues and so on. The establishment could not do a better job the 'the enemy within'

 

Mark Wadsworth 08.01.2014 21:00

That first half is a good summary of how Home-Owner-Ism works and who is really behind it.

Replaci ng taxes on earnings, output and employment with taxes on the rental value of land will sort all that out!

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