Saturday, 4 August 2018

Keiser Report (E1261): Data vs Ratings

In this episode of the Keiser Report, Max and Stacy discuss the radical shift in party allegiance along income and education lines that the 2016 election brought to the fore: Republicans are now the party of the working class and the Democrats the party of the rich, reversing a decades long voting pattern. What does this mean for the 2018 midterms and beyond? In the second half, Max interviews Karl Denninger of about why a trade war is needed and how it can be won. They also discuss the latest news on the deep double digit falls in social media stock prices.

Karl Denninger points out that US GDP actually contracted if you take away the injection of money pumped into it by huge amounts of Treasury spending.

[Posted at the SpookyWeather blog, August 4th, 2018.]

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