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Showing posts from June 26, 2011

Steve Keen & Max Keiser on the Greek debt crisis

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Max Keiser and Stacy Herbert, report on IMF dowgrades, zombie consumers and a financial circus. In the second half of the show, Max talks to Professor Steve Keen about the Greek debt crisis and Minsky's moment.Greece needs to listen to Max, DEFAULT on the debt, Tell the IMF where to go. All countries need to tell the IMF we are not paying. Look at Iceland, they are coming out of it now after telling the IMF to go to hell.The elite, corporate fascists are bankrupting countries globally via derivatives and financial warfare techniques, the point of doing this is to make all the working ppl have less and for the elite to soak up the the middles wealth, while making the middle continue to work harder and harder for less and less. The corporate fascists blame the victims or middle class for the financial implosions, even though it was the elite who did it on purpose. Govt officials controlled by elite.Great report. Yes this is all good stuff if you want a solution to the debt problem…