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Michael Hudson on The Keiser Report

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Banks; banking, finance institutions as we know it are dinosaurs, they will die of a lack of suckers and the cancers that are within. Great job Max Keiser   and Stacy. Max's talent of disdain is growing into an art form. I think it's great.How can WallStreet, IMF, World Bank, international banking systems, national banking of USA and different nations in EU all come together to the same conclusions at the same time, all pointing to the same goals that are stripping the national assets, freedoms and identity of so many countries ? Well, if they were Chinese leading the administration boards of all this organizations, it wouldn't be a problem to name them : "CHINESE DID IT" Capitalism has nothing to do with competition. It is simple system in which capital, i.e. wealth (which belongs to the wealthy, and NOT the "stinking mob") is invested to make a return. Capitalists don't compete, the people who seek the investment compete for their capi...

Michael Hudson with Max Keiser on the Keiser Report June 08, 2010

Keiser Report №49: Markets! Finance! Scandal! June 08, 2010 — This time Max Keiser and co-host, Stacy Herbert, look at the scandals of financial wiseguys that 'know nothing,' including famed 'value investor,' Warren Buffett who says he knows nothing about his investments and nothing about how ratings contributed to the housing bubble. In the second half of the show, Max interviews economist Michael Hudson about the Latvian economy and real liberal economics.