Keiser Report: China + Yuppies = Chuppies (E115)
This time Max Keiser and co-host, Stacy Herbert, talk about China's ultimate yuppies, America's sheetmetal workers' union and a hundred trillion in new credit. In the second half of the show, Max talks to Reggie Middleton of Boombustblog.com about the foreclosure crisis and those lucky to miss out on Goldman's Facebook deal.China is destroying themselves by adopting a model that has always failed, and is now failing bigger than ever, when they had the best thing going for themselves.
So how are they supposed to save us when they are busy undermining their own economic foundation?
So how are they supposed to save us when they are busy undermining their own economic foundation?
ultimately all that money would have ended up in the banks anyway. but of course they wouldn't do that... that would require actually helping people its so much easier to just rob us and take our homes too