Crybabies on Wall Street (E1451)
In this episode of the Keiser Report, Max and Stacy discuss the crybabies on Wall Street instigating a repo blowout to get some more free money from the Fed. While the central bank, as always, consoles those tantrum throwers, the Social Security Administration loses many billions of dollars annually in interest payments for every 1% cut to interest rates, i.e. the rest of the population pays for all the coddling of Wall Street. In the second half, Max continues his interview with Michael Pento of PentoPort.com about repo markets, quantitative easing, crybaby bankers, and winning (or losing) trade wars.
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