Sunday, October 6, 2013

Keiser Report: Working Class Debt Slaves

From RT

Published on Oct 5, 2013

In this episode of the Keiser Report, Max Keiser and Stacy Herbert, 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 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.