17 Dec 2018

Canceling Debt To Avoid Economic Crisis + A Looming Hot War For The Internet Age

"Macron is a bankster, he was put there by the bankstering establishment to create the scenario to allow for this interest rate apartheid to continue. We all live in a state of artificially low interest rates for them, high rates for us and now its Game On!"
Max and Stacy discuss David Graeber’s thought piece about the #GiletsJaunes and how the fact that intellectuals have failed to understand it proves we are living in revolutionary times. Graeber notes, as Keiser Report had only last month, that Cantillon effect has created the mass disparity in wealth against which those who must pay for this disparity are rising up.
In the second half, Max interviews Dr. Michael Hudson, author of the new book “... and forgive them their debts”, about the history of debt forgiveness. Hudson explains that the rulers of Byzantium wiped out the savings of rich people by forgiving debts because canceling debts does not cause economic crises but prevents them.

_____


A Looming Hot War For The Internet Age

"We are at WAR right now!"
Max and Stacy discuss the latest twist to the US-China trade war: tit for tat kidnappings. Donald Trump openly claims he will release the CEO of Huawei, currently being detained in Canada on an American arrest warrant, should China make concessions on tariffs. But what is the escalation really about? One opinion piece in the NY Times suggests this is really about controlling the resource of our modern age: data and the internet on which it is collected.
In the second half, Max interviews Mish Shedlock of MishTalk.com about whether or not the Fed is a graver threat to the US than the Federal Reserve Bank, as Donald Trump insists. They also discuss the Red Queen syndrome in Japan where the Bank of Japan needs to print more and more money and buy more and more assets just to stay in the same place.



No comments:

Post a Comment