Remember the days when the USA only feared the USSR, even then only to justify their military spending. Oh how the mighty have fallen. Today they fear the mighty Kiwis and the manufacturing giant Brunei.
In this episode of the Keiser Report, Max Keiser and Stacy Herbert
discuss both the Dow and bitcoin hitting an all time high as the Fed
continues to print $85 billion per month for Wall Street handouts whilst
the sequester cuts $85 billion from services to the poor, the elderly
and soldiers. They also talk about house prices tripling to all time
highs in Hong Kong (thanks to quantitative easing) whilst 'surreal'
ghost cities are built in mainland China but which nobody can afford and
about how incomes in America are collapsing - thanks to quantitative
easing. In the second half of the show, Max Keiser talks to Charles Hugh
Smith of OfTwoMinds.com about both socialism and capitalism leading to