Laundering feudalism (E1546)
In this episode of Keiser Report, Max and Stacy examine the abundance of circumstantial evidence that the entire economy has become a money laundering operation. From the ‘unicorns’ of Silicon Valley where losses are rising exponentially, to fracking plays where losses mount every year for the past decade to the entire business model of private equity where companies are loaded up with massive piles of debt . . . who exactly is profiting from so many money losing enterprises? In the second half, Max talks to Michael Krieger of LibertyBlitzkrieg.com about the tide going out on our collective delusions about money printing and who exactly gets ‘rescued’ with the Fed’s never-ending bailouts.
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