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Saturday, January 1, 2011

Karl Denninger with Max Keiser on the Edge - Press TV

Max's guest for this week's show is Karl Denninger who is the founder of Karl gives some predictions on the US economy in the New Year. He is downbeat and forecasts a terrible year for the housing, banking and myriad of sectors. He says the Europe would also disintegrate and says people there will have a weaker euro in parity with the dollar. China will also break the peg and people would see a rise in commodity price, bubble assets and less export to the US.
Enjoy the show.