Stacy Summary: Oh boy, there was one Canadian who did the whole ‘stick to what you know’ shtick when I pointed out the numbers on income and prices in Canada suggested a bubble there, or at least in some parts of the country. Anyway, looks like others are also expecting a Minsky moment soon.
“. . . the OECD finds Canada has the highest consumer debt to financial asset ratio among 10 OECD countries, including the U.S.”
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Stacy Summary: Here are some of the articles I refer to: The Aftermath of the Global Housing Bubble Chokes the World Banking System. Market Ticker for charts on US GDP. Story on the BIS Gold Swap Update
For more download & listening options, visit Archive dot org
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Posted in Headlines
Tagged gdp, housing bubble, london, max keiser, stacy herbert, truth about markets
Stacy Summary: We look at the latest scandals of downgrading America, investors seeking security in gold, bank profit abominations and federal ponzis. In the second half of the show, Max talks to Stefan Molyneux of Freedomain Radio about the Canadian economy and housing bubble, the oil spill in the Gulf of Mexico and how to fix the world.
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Posted in Max Keiser Video
Tagged canada, gold, housing bubble, keiser report, max keiser, stacy herbert, stefan molyneux
Stacy Summary: Is it any wonder that we are in a neo-feudal, neo-dark age when the entire Washington political establishment are believers in Leo Strauss and his noble lies?
“We run the risk, by laying out the pros and cons of a particular argument, of inducing people to join in on the debate, and in this regard it is possible to lose control of a process that only we fully understand,” Greenspan said, according to the transcripts of a March 2004 meeting.
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Rick Ackerman
Karl Denninger – Market Ticker The Big Picture Mish David Morgan King World News SmartKnowledge GoldCore Michael Krieger’s libertyblitzkrieg
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