In this episode of the Keiser Report, Max Keiser and Stacy Herbert slam the politics of debt. “Economics of Suicide” they call it. I’m in the second half. As always, high-octane, pungent, and funny! Warning: risk of whiplash.
Entries in Wolf Richter on TV (4)
We do get into serious econ topics ... the bloodbath in Real Estate Investment Trusts, the negative feedback loop that their high leverage and forced sales of mortgage-backed securities have triggered, its impact on the housing market.... (video).
Here I am on Max Keiser’s show, “On the Edge,” for a 23-minute hard-edged, tongue-in-cheek discussion about the “pauperization” of America and Europe, and other issues of our surreal times. Note how he corrects me when I call the political system in Greece a “democracy.” No way. Not on his show! It's a "kleptocracy," he said, and calling it a democracy is just.... Priceless!
My twelve-and-a-half minutes of conversation with Max Keiser on the Keiser Report—“Where Money Goes to Die”—aired today on RT. In the first half of the show, Max and Stacy with their tongue-in-cheek, pungent, and edgy manner tear into central banks, bankers, NIRP, the new Apartheid, the Libor scandal.... It’s quite a ride! My part starts in the second half (video).