Sunday, 20 February 2011

Keiser Report (E122): Welcome to Fakeville

This time Max Keiser and co-host, Stacy Herbert, talk about Guanxi schemes selling fictional forests for real money, while real farmland cant find even a virtual penny. In the second half of the show, Max talks to author and documentary filmmaker, Greg Palast, about whether it is peak oil or oil dictatorships that is the bigger threat to the global economy.



The discussion with Palast in the second half is worth checking out. We are beholden to the cartels methinks !

[Posted at the SpookyWeather blog, February 20th, 2011.]

1 comment:

steven andresen said...

spook,

I don't understand why Palast and Kaiser don't allow that with respect to their different positions, it need not be one or the other, but, it probably is a matter of both. There is a coming shortage of easily obtainable oil, and, there is a current monopoly on the production and distribution of the oil. Both contribute to a high current price, and a continuing climb in price in the future.

steven