View Full Version : Max Keisers Take on Economy & Economist Steve Keen

12-10-2009, 12:34 PM
This is a 25minute segment with Max Keiser where he talks about many things but mostly the Criminal Banksters operations as he would likely call them. Most of this video I was able to agree with except at one point Max agrees de-regulation is what caused this crisis, which is only a half truth.

Obviously regulating the Fed(or abolishing) and not allowing them to alter interest rates would be the real solution. In fairness though his guest says we don't even regulate fraud, though it would be more accurate to say we don't enforce the laws already in place.

At the end of the video Keiser brings on Steve Keen who he announces is 1 of only 12 people in the world to predict the coming crisis. This is pretty funny considering anyone who studies Austrian Economics knew this was coming. Keen talks a good talk about how we shouldn't bail out banks and as all too often is the case ends up offering a false-solution of Nationalizing the banks.

It's a pretty entertaining video with some true points though but seems to have an agenda that in my opinion is anything but decent.

YouTube - Keiser Report №4: Markets! Finance! Scandal! (http://www.youtube.com/watch?v=ZKanqxd5ZW4&feature=player_embedded)