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Showing posts from February 20, 2010

Max Keiser Report The FEd will have to buy its own Toxic assets

Keiser Report №18: This week with Paul Craig Roberts . Markets! Finance! Scandal! The American Budget deficit this year exceeds by large the amount of trade surplus of the trading partners of the United States , so it cannot be financed as it has been in the past by the recycling of budget surpluses from china , Japan and the OPEC countries , So the FED has to take the Toxic assets off the hands of the banks says Paul Craig Roberts ... This week Max Keiser and co-host Stacy Herbert report on the scandals of rising debt ceilings and insolvent governments, and look at investing for a global debt bomb explosion. Keiser also speaks to former assistant Treasury Secretary Paul Craig Roberts about failed US debt auctions and the plunge protection team.