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We discuss London brokers shrinking, boycotting JP Morgan, boycotting the financial system and command and control credit derivatives. In the second half of the show, Max talks to JS Kim of SmartknowledgeU about the MF Global fraud and gold and silver.
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The fact is, tightening monetary policy doesn’t make the dollar ‘stronger’ at all: it just increases the dollar’s value against foreign currencies.
I’d like to see Peter Schiff pummel this idiot in a parking lot somewhere until blood pours out of his ears.
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Some additional thoughts: Eric King’s “KingWorldNews” gets my nod for ‘blog of the year.’ Last year he started out on the Alexa rating at around 100,000; now he’s solidly in the top 10,000, ahead of Ritholtz.com (13,000), globaleconomicanalsis.blogspot.com (MISH) (20,000), and MaxKeiser.com (18,000). At the top of the heap and deservedly so is zerohedge at 1,800 on Alexa – truly a great achievement – but KWN is the stand out performer for the year (Jim Puplava eat your heart out).
Book of the year: A tie, “CurrencyWars” by Jim Rickards and “Debunking Economics: Updated Edition” by Steve Keen.
What do you think? Leave some comments…
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Thousands of Israelis gathered Tuesday night to protest against ultra-Orthodox extremists whose campaign for gender segregation has erupted into verbal and physical abuse against women.
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The future: we will still shop, eat cereal, brush our teeth and watch TV. But everything we do and (more importantly) all the information we attend to will win us points and benefits across a vast incentives network engineered by corporations and government entities.
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