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23 Feb, 2013 01:27

Episode 410

Max Keiser and Stacy Herbert compare the real financial suicide machine that is the global financial markets to the hypothetical euthanasia coaster that would kill its passengers after an allegedly fun and euphoric ride induces GLOC - G-force induced Loss of Consciousness. In the financial markets this is achieved by churning clients so rapidly or front running them at faster than the speed of light. In the second half of the show, Max talks to professor and economist Constantin Gurdgiev about the liquidation of IBRC, the bank formerly known as Anglo Irish and how it is that the bank came to collapse in the first place.

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