Because that’s what the market cap suggests:
We discuss how a good morning for Vietnam turned out to be a bad day for America as more families moving into self-storage units while Chinese are spending big money on European shopping sprees. In the second half of the show Max talks to Reggie Middleton of BoomBustBlog about the tech sector and austerity versus stimulus. P.S. – note the sheep-like, herd like behaviour of the Morons of Youtube, who read each other’s comments and start baaahhhing wildly in a symphony of stupid. Must be American for they are definitely imbeciles about their history. SHRIEK – China is not communist! Blah Bah Blah!” Apparently they don’t know that is why we went into Vietnam is to stop the spread of communism. Doesn’t matter if it really is communist or not, the point is that it was our STATED AIM of going in and going broke. And that is what the Vietnamese government and the Chinese government calls themselves. And yet those countries ended up rich and booming, and we ended up broke and dilapidated. Just because you’re baahhing louder than every other sheep on the page doesn’t mean you’re any less sheep-like than they are.
We discuss allegations of Rupert Murdoch sabotaging competitors, America buying 61 percent of its own debt and Germany lauching a strategy to counter its own largesse. In the second half of the show Max talks to Reggie Middleton about JP Morgan’s muni bond bucket shop and the US Federal Reserve buying up Treasury debt.
Reggie Middleton of Boombustblog.com makes an #occupywallstreet documentary.
Stacy Summary: We interview Reggie Middleton about a run on French banks. I notice today that Pimco’s El-Erian is also talking about a run on French banks. He must have watched the Keiser Report when it aired from late last night PDT. We know you’re taking our shtick Mr. El-Erian, we’ve got our eye on you!
We also feature some artwork by WilliamBanzai7
Stacy Summary: We’re interviewing Reggie Middleton this week for the Keiser Report. In particular, we’ll be talking about French banks. Check out his “Run on the Bank” model for BNP Paribas. Questions for Reggie in the comments thread below.