Saturday, 24 October 2015

Keiser Report (E826): Empire of Debt

In this episode of the Keiser Report, Max Keiser and Stacy Herbert discuss the past which is the future for the empire of debt that is America where financial engineering is to its rule as road engineering was to the Roman one. As financial engineering fails, however, from QE to share buybacks, the imperial power erodes. In the second half, Max interviews Dmitry Orlov of about where he and Colonel Wilkerson agree about the signs of collapse of the silliest empire.

Orlov is wrong about Global Warming. Nevertheless, his observations about the differences between the Russian and US economies are worth noting. Presently the USA looks like it is near implosion.

[Posted at the SpookyWeather blog, October 24th, 2015.]

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