Tuesday, August 6, 2013
George Osborne and Zombi Banks.
We discuss the strawmen of finance, the Help to Buy straw purchase scheme in the UK and the â€˜unrealizedâ€™ losses on the Fedâ€™s balance sheet as the bondpocalypse gallops into town. Max Keiser also asks, â€œwhy donâ€™t the people have a bank that they can call their own?â€ In the second half, Max talks to Laura Willoughby of MoveYourMoney.org.uk, about moving your savings out of the Too Big To Fail banks and about out-competing the toxic banks and their interest rate apartheid. Read more at http://www.maxkeiser.com/2013/08/kr480-keiser-report-strawmen-of-finance/#ZGUcvqqmb5pxspXs.99