Max Keiser interviews Steve Keen

Discussion in 'Markets & Economies' started by Silverthorn, Jul 11, 2011.

  1. Silverthorn

    Silverthorn Well-Known Member

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    Max had a long interview with Steve Keen. Nothing particularly new in but good to watch for a recap of the debt problems.

    [youtube]http://www.youtube.com/watch?v=3qo3t8EBNSg[/youtube]
     
    Silverthorn, Jul 11, 2011
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  2. El Bullion

    El Bullion New Member Silver Stacker

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    It's worth noting Steve Keen's point that the expansion of credit (and I suppose the fractional reserve banking system in general) is not bad, and that the problem is that the financial elite are being allowed to get away with ponzi schemes.

    I don't agree with all of it, but it's good to hear well thought out arguments from people with different perspectives.
     
    El Bullion, Jul 11, 2011
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  3. Old Codger

    Old Codger Active Member Silver Stacker

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    This old codger and his old ears, has a LOT of trouble with Max talking through his nose.

    Almost UNintelligable!



    OC
     
    Old Codger, Jul 11, 2011
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  4. Lovey80

    Lovey80 Well-Known Member

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    Thanks for uploading. Steve Keen is certainly ahead of the curve when it comes to economics.
     
    Lovey80, Jul 11, 2011
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  5. Shaddam IV

    Shaddam IV Well-Known Member Silver Stacker

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    He is a good economist, but like a lot of economists he also thinks that he is a climatologist.
     
    Shaddam IV, Jul 11, 2011
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