Tuesday, Sep 14, 2010
See 1st post for the embeded video
Max K and Steve Keen: Keiser Report №77: Global Debt Collapse
starts with Ireland and Anglo Bank's CDS'.
its all pretty good but the interview with Steve Keen is interesting - starts at around 11 mins. Ben's attempt to fight deflation and whats wrong with his attempt @ 20:10. mentions Michael Hudson's views re debt repayment @ 21:00. The solution? 24 mins in ....
Steve is the author of Debunking economics - a very good imo - book but not an easy read.
Posted by techieman @ 11:02 PM (688 views) Add Comment
8 Comments
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1. techieman said...
Video:
2. Crunchy said...
Default is the only solution to fake expanding debt, but who does Cameron really work for?... No tax cuts?
Deflation v Currency devaluation = more QE2,3,4 and thus speculation. Sorry 'D' boys.... Deflation after total collapse.
3. hpwatcher said...
I agree that irresponsible banks should be allowed to go bust.
4. str 2007 said...
That's a really good listen techieman
Keep posting these please.
5. general congreve said...
A few years ago who'd have thought you'd have to tune in to a Russian news to get the truth?
6. the number cruncher said...
Great post - How I love Max - Thanks Techi we can most defiantly agree on this
7. Crunchy said...
1. techieman re- the second Max video.
I hope you listened and 'the truth' went in. Don't make it more embarrasing than it needs to be.
Le Crunch :)
8. tom101 said...
Ok revolution it is then.....