Fraud Futures From The Past

Max Keiser and Stacy Herbert discuss the Keiser theory of quantum financial fraud: an odd world, formed by a fabric of toxic derivatives, where wealth does not take form until it has been stolen from a pension fund via particles of sub-debt existing in hundreds of tranches of CDOs simultaneously. In the second half, Max and Stacy interview Joel Benjamin of Debt Resistance UK about the role of housing speculation, and the consequent exploding mortgage debts, in destabilizing the economy.