Sunday, Oct 19, 2008
Max discusses recent financial happenings.
Max Keizer's Karmabanque: [978] The Truth About Markets - 18 October 2008
After predicting Iceland's fall in 2007, discusses the fall of nations, strain of the Eurozone, Describes the new financial system as forced speculation and gambling, as a modern version of the fascist model. Saving and productive activity penalised. Explains how our limited vocab makes it difficult to describe the crisis, that poor people taking the loans are not to blame, and much more.
Posted by planning4acrash @ 11:07 AM (278 views) Add Comment
3 Comments
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1. plato said...
An Hour long piece of listening, but worth every second. Perfect description of the new but real financial system coming to the fore,which is actually as old as mankind. This is the 'Black Market' shadowing the apparent 'capitalist' system we are all led to believe in and see. Not that I ever have personally believed in capitalism being anything other than a front for socially unacceptable black market which actually runs the world.
Lots of interesting points as well for realists.
2. planning4acrash said...
Plato, subscribe to the podcast, the earlier ones are also good.
3. plato said...
thanks p4 -- have done so. Great post!