The next potential superpower (E1278)
In this episode of the Keiser Report, Max and Stacy look at the question of “whether or not China has what it takes to be a superpower?” In the second half of the show, Max interviews Dr. Michael Hudson, the author of the soon-to-be-released book, ‘...and forgive them their debts: Lending, Foreclosure and Redemption — From Bronze Age Finance to the Jubilee Year.’ They discuss the new – or not-so-new – reality of creditor jubilees in which investors’ bad investment decisions are made whole and why it has, instead, always been the debtor who has rightfully been given a clean slate.
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