Sunday, August 25, 2013

Keiser Report - Dutch Blues & Bubble Markets

From RussiaToday

Published on Aug 24, 2013

Max Keiser and Stacy Herbert discuss the Dutch blues and the pay per gaze advertising coming to a pair of glasses near you. Max proposes a scheme of mortgages collateralized by food stamps. In the second half, Max talks to Ann Pettifor of PrimeEconomics.org about the Alice in Wongaland economy in the United Kingdom where people borrow from payday lenders in order to live and, instead of lending to the economy, the economy is lending to banks. They also discuss interest rate apartheid, carry trades and public unrest.