Saturday, October 5, 2013

The Keiser Report No. 506, "Working Class Debt Save" -- 2013 Oct 05 SA

This time Max and Stacy discuss David Cameron as a Special Purpose Vehicle (SPV) which causes the wealth of the nation to drop. They also discuss Continuous Payment Authorities as a metaphor for our financial systems continuously taking toll payments, whether via interest fees or inflation. Max also notes that David Cameron claims 'profits' is not a dirty word; and yet, to every major, successful corporation on Earth "profits' is, indeed, a word to be avoided at all costs. In the second half, Max interviews Dr Michael Hudson of michael-hudson.com about the global economic policies turning the UK into Greece and the U.S. into Latvia and a world in which only the little companies make profits.

Audio file link: http://www.sendspace.com/file/ykpa11

You can watch the video online at: http://youtu.be/UD1NMB0Grac

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