Keiser Report – Global Debt Collapse (E77)

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This time, Max Keiser and co-host Stacy Herbert look at emails from viewers on their “Peak America” moments and then check out the scandals of the Irish choice of being “good Europeans” or “bad Europeans”, as a result of bankers offering only “bad banks”; while Iceland refuses to settle at any price. In the second half of the show, Max goes Down Under to talk to economist Steve Keen about the global debt collapse.

25 Comments For This Post

  1. siththee Says:

    You can enjoy your whole life with bbw naneedj.info

  2. pspecho Says:

    If you don’t pay and walk away! they’ll unleash their henchmen to threaten you and put you in the dog-pound.

  3. 1365225 Says:

    @OscarLimaMike Good for you, we the people of the world need to take control of are world. Before we become slaves to company’s like Goldman Sacks.

  4. Jesusizjdoe Says:

    Hang on I thought the problem was INflation? As in it’s running at about 8% in the uk when they say it’s runningat 3 so what’s the shout there then?!

  5. CanterburyCat Says:

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  6. OscarLimaMike Says:

    @OscarLimaMike It feels like pounding a steak into the heart of a hundred vampires…. feel the rush. Take back your power. Because it’s there for the taking. If it came to a house I would just refuse to pay and barricade myself in and call the media.

  7. OscarLimaMike Says:

    @InIJah Thank you very much indeed for your kind words but to tell the truth I had little choice. And it was difficult and hard on my loved ones but in the end I along with those loved ones are much much better off. I have developed a deep seated hatred of banking and corporate criminals. I don’t know if I could restrain myself if I found myself in the company of one of these sleazy underhanded weak low life bums. Thank you again. I would invite anyone in over their heads in debt to do the same.

  8. InIJah Says:

    @OscarLimaMike I don’t know u , but I’m proud of you! 🙂

  9. OscarLimaMike Says:

    @InIJah I did just that and it feels great all the stress is gone and so are the corporate parasites that were feeding off my life. I don’t have a good credit rating any more but that is alright it would have taken me the same time to get out of debt that is will to renew my credit rating and all the money that I would have given to these vermin is now going into my pockets. I don’t want to borrow any more money anyways. I’m reverting back to the old principal of saving not borrowing for things.

  10. FreddieBambino Says:

    @postrealitysyndrome

    Iceland, in narrow legal term, could have walked away from the Icesave thing, but things are more complicated now, since the Icelandic government, in an effort to keep savers confident in Iceland, guaranteed all the deposit in Icelandic banks. The problem here is, that Icesave was a subsidiary of Landsbanki, not a branch, so the guarantee covers the savers in UK and netherland to the top, guaranteeing icelanders but not foreigners is discriminating by nationality.

  11. postrealitysyndrome Says:

    Peak year–1966. I wasn’t alive then but I hear there was a guitar glut because so many thought that rock and roll and music in general would change the world. Oh well.

  12. postrealitysyndrome Says:

    @FreddieBambino
    I took it to mean that Iceland finds the terms that the UK and Netherlands want to be unacceptable, thus will seek a settlement through the courts instead. I think Max is suggesting that they can force the issue more, due to the fraud involved, and the fact that they are taking a stand is a good start, though they have moral justification to “walk away” if necessary.

  13. Manolo1013 Says:

    Zombiessssssssssssssssssssssssssssssssss!

  14. FreddieBambino Says:

    That is a terrible translation. It is interpreted to mean that the Icelandic government wont settle the icesave dispute at all.
    It has always been the intention of Iceland to pay the icesave deposit guarantee shceme. The negotiation has been about terms and especially interest.

    What Árni Páll is saying there is that the Icelandic government wont settle the icesave debt on whatever terms the UK and Netherlands throw at Iceland. But of course Iceland plans to pay it, the dispute are the terms

  15. adriandrum Says:

    @SuperAaron969 wtf? that didn’t even make any sense. learn how to write.

  16. SuperAaron969 Says:

    lol so there are trying to lie like the tv
    fuck you form the uk
    did youtube give you all the views ha
    no true for there clams do not make shit up this is not news just like tv
    nobs

  17. SuperAaron969 Says:

    @adriandrum
    lol so there are trying to lie like the tv
    fuck you form the uk
    did youtube give you all the views ha
    no true for there clams do not make shit up this is not news just like tv
    nobs

  18. llothar68 Says:

    They simply have no other options then continue printing money.

    Every other solution would require a complete change to the money and economic system and end capitalism.

    None of them want this – but i can’t wait for it.

  19. immafreemann Says:

    Best time in american history: When president Andrew Jackson paid the national debt off and denied the Central Bank a charter in the united States (1840). His tombstone read “I killed the Bank” and he survived assassination attempts he claimed were rothchild attempts.

  20. jrjupton Says:

    americas peak: joe johnson vs americas great white hope

  21. b5thomas7 Says:

    more QE and lower interest rates, ride on helicopter Ben

  22. Dziaji Says:

    @WilhelmDrake You’re welcome. Hope it helps

  23. pretorious700 Says:

    A pair of jokers? I’d say a full house of idiots.

  24. pretorious700 Says:

    @fungulotualatuarazza I’m not sure what real estate market you are referring to, but the US market is crashing down to realistic pre-bubble equity levels now, and the government is doing everything to prop up prices. Absolutely the wrong thing to do, the market needs to stabilize, and bad loans need to be absorbed.

  25. WilhelmDrake Says:

    @Dziaji
    Thank you for being so cordial. I appreciate it.

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