22 Aug 2015

$32 Trillion In Pointless Trading + Competition Coming From Cuba + US Cops Vs Poor Suckers

Max Keiser and Stacy Herbert discuss the $32 trillion in pointless trading each and every year, which results in bankers and brokers getting rich at the expense of churned chumps.
In the second half, Max interviews Janet Tavakoli of Tavakoli Structured Finance about the latest use of derivatives to transfer wealth from the general fool public. 





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Competition Coming from Cuba





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US Cops Vs Poor Suckers
Max Keiser and Stacy Herbert discuss the very un-Norman Rockwell-like shakedowns of poor communities across America resulting in the increasing confrontations between the police sent to collect for local bankrupt communities and the poor suckers who are plundered.


In the second half, Max continues his conversation with Mike “Mish” Shedlock, of globaleconomicanalysis.blogspot.com, about Chicago’s junk debt situation.

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