Tag Archives: risk
How the rich got richer and continue to do so: evading risk.
On the most recent episode of the Keiser Report, Max and Stacy open the show with a discussion of the chart below, which shows that the top 1 percent of the world’s population owns half of the world’s wealth, and … Continue reading
“Welfare State for the Banking System,” Not You and Me
Stacy Herbert nails what is wrong with the current order of things: “(approx. 7:38) This is the class war that Warren Buffett, one of the richest men in the world, has talked about–that his class is winning. And part of … Continue reading
BANKS PUT ALL RISK ON US, THEN TAKE ALL THE REWARD AND PRETEND THAT IS CAPITALISM
We all know that all fiat money, such as the U.S. dollar, is created out of thin air not by banks but by the people and only has value because said people ultimately have “faith” in it. This is uncontroversial … Continue reading
THE BANK VS. YOU: ASYMMETRICAL WARFARE
Rarely does one hear the financial terrorism of the banks distilled with such clarity into a single paragraph… Max Keiser (begins at 17:42): If we look at the recent history of these financial predators going back 5 or 6 years, … Continue reading