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Showing posts from February 22, 2013

Max Keiser : Machines run by kleptocratic larcenists destroy the globe!

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If you asked a 3 year old and a banker if breaking 4 cookies in half, resulting in 8 pieces is more, less or the same amount as before, they would both say its double. Thats how quantitative easing and money dilution works. Higher numbers is not necessarily more value or wealth.

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 Keiser 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.