Great show Stacy!
I could hug you for posting it!
Watch how “Vinny B” shoots down the dual domestic/foreign currency idea as too imaginative. This shows you just how equipped the Irish are to combat their problems. Far easier for them (I’m sorry to say) to get maudlin, spit off some clever quips, and drink themselves into sorrow. Sign of a spent people.
BTW: Ice-cold Guinness is bullshit.
Britain falls back into recession in first quarter – Sterling tumbles on unexpected GDP decline
BTW, if Ireland decides to reintroduce the Punt it should make it the ONLY acceptable money for taxes. That would effectively back it.
free markets work best with low debts…………………….they don’t work owing the rent seekers…………….
U.S. orders for durable goods sink 4.2% in March
Apartment rents up as vacancies at multiyear low
Steve Keen is King. Very good to see him slapping the MSM around with his ideas.
“Far easier for them (I’m sorry to say) to get maudlin, spit off some clever quips, and drink themselves into sorrow. Sign of a spent MSM.”
Here’s the full show, Captain Steve gets his modern debt jubilee aired. Hopefully it gets adopted, I’d like that.
Weekly U.S. crude stockpiles up 4 million barrels
Oil edges up, shakes off post-Fed weakness
Demand for oil and other energy products continued to be weak, a tad lower on the week and down 3.2% on the year.
Long term, Citi analysts said market sentiment toward crude and the wider petroleum market is “robustly bullish.”
“Our base case assumptions for the second half of the year include both stronger seasonal demand and lower [Organization of Petroleum Exporting Countries] production,” they said.
“This would be consistent with either a scenario where Iranian production declines moderately, or one where Iranian production stabilizes but other OPEC production is reduced to help limit a drop in price on an easing of tensions,” Citi said.
Brent crude $119.04 and U.S. crude $104.07 a barrel now
Vincent Browne + Steve Keen = Winner + Winner
2012 ELECTION – Soros Company to Tabulate Presidential Election Votes http://ncrenegade.com/editorial/2012-election/
Very interesting interview with Steve Keen concerning national financial sovereignty. Why not make the Euro a bench mark, and member countries could re-issue currencies; Italian lira, Spanish peseta, Irish ???, etc.
Obama sold vote count to company in Spain Linked to Soros http://www.dailypaul.com/225552/obama-sold-vote-count-to-company-in-spain-linked-to-soros
Michael Savage: How Obama fixed 2012 election http://www.youtube.com/watch?v=dmJtaOO2etc
Outsourcing US voting system: To Foreign Company http://www.youtube.com/watch?v=VaGCmO59lUU
RTS Ruble Version Being Weighed, Bourse Chief Aganbegyan Says
A ruble version of the dollar- denominated Russian Trading System Index (RTSI$) may be created , according to Micex-RTS President Ruben Aganbegyan.
The exchange, which was formed out of the merger of the ruble-denominated Micex and the RTS in December, is considering whether investors in the index want the option of hedging currency exposure in rubles , Aganbegyan said at a press breakfast in London yesterday.
“What we hear from a lot of international participants is that basically they wouldn’t mind if the market is traded in local currency ,” Aganbegyan said.
“ That means that the index should also be in local currency and investors should choose their own options in FX.”
Great stuff. Thanks for showing this stacy..
Rising Italy-to-Spain Yields Keep Banks on Life Support
“Many of these banks simply cannot refinance their maturing debt in the bond market.”
Morgan Stanley: EU Debt Lenders Must Refinance €700 bln ($924 bln) by end 2013
Stacy, Max, I WANT you to feature this video on your front page
Ron Paul win Iowa:
German 30 Year Bund Auction “Unsubscribed” – Auction was technically a failure
Listening to Brown ye’d swear Machiavelli was just some cunt who played full back for Wolves. Brwons the type of fucker who can only tolerate the idea of Auschwitz after 1945.
Three cheers for the Celtic Ostrich, hip hip hooray, hip hip hooray, hip hip hooray.
Up until the mid 90,s an average single income would have bought a house in Australia. When people could no longer provide housing for their families, I warned anyone who would listen that instead of borrowing excessively. They should join with like minded people to demand an end to the manipulation and exploitation of the housing market, and other markets. I tried to explain that the housing market was being manipulated, because prices should have been falling with purchasing power falling, and more efficient construction techniques being employed.
Being in a union, standing up to the man, auguring for sanity, is very stressful. It was obviously easier to borrow money to survive and gamble on the markets.
The average Joe has been played for a sucker. It was too easy, stroke their ego, provide easy dept, tell em they are smart enough to play the markets, you are guaranteed to become very rich.
Humongous hand outs to connected corporations and individuals from the public purse, while public assets are stripped.
Personal freedoms have been stolen, the ability to organise resistance has been lost, the brain washing is effective to the point they will turn on each other before the real enemy.
Enjoy the ride.
It realy doesn’t matter. Notin would change with neither candidate: Sarkozy/Hollande, Obama/Romney and so on and so forth.
The nicumpoops will proceed in their zombie state. Simply a human condition in cognitive dissonance in other words – They can’t handle the truth and it freaks them out.
So, kick back and enjoy the show. Watch the walls come tumbling down – Jericho http://www.youtube.com/watch?v=mY8p7ec1Ojw&ob=av2e
“What do you think?”
Doh! It’s a kleptocracy.
The Latest Economic Fad: Cloud Stuffing – When in doubt – Stuff!
Steve Keen, Michael Hudson and W.K. Black my three favorite economists.
I sure wish that we could see them on TV shows in Casino Gulag Disnazi Land (Flopot) but that aint gonna happen.
Steve Keen makes perfect sense. They can have a Customs Union (EC) but EMU is a “sucide pact”. They can have european cooperation but they don’t need to have monetary union. It will be a big hassle to revert back to the sovereign currency, but well worth the effort.
Keen is also (like Hudson) wise to differentiate between different types of debt and the “financialization” of the economy. Huge amounts of money not lent for productive capital investment but money lent for asset price speculation. This is the root of the Ponzi scheme -like nature of the CasinoGulag.
This is a recipe for socio/economic decay and collapse, which is happening in front of our eyes.
Shur come join me over in Switzerland – between the misses speaking german, you with your metal stored up your jaxy and my vegetable growing skills we’ll have a great time! ………all the best fella
There Goes Greek GDP: Nazional Lampoons Greek Vacation Just Got Cancelled
Gundlach Explains Biflation For The Cheap Seats http://www.zerohedge.com/news/gundlach-explains-biflation-cheap-seats
Food for thoughts:
Alternate Focus: Johan Galtung
Japan Seen Anteing Up on Stimulus as Yen Impact Fades: Economy
Japan’s central bank is set to ante up on stimulus measures as a rebound in the yen shows that the impact of a 10 trillion yen ($123 billion) expansion in asset purchases in February is fading.
I remember the vid with Max, it was great. Vinny B, doesn’t get it.
Steve Keen said the truth, and had some solutions. Though, in the long term, there are no solutions, but rather, the industrial age is coming to a close. Fact!
Steve Keen on BBC HARDtalk Nov, 2011 http://www.youtube.com/watch?v=rGkmgnprrIU
Well to lift the spirits – poetic French chanson can give me some pleasure. Julien Clerc – Ce n’est rien https://www.youtube.com/watch?v=JfAcirGSyso
Specialy for @Max 😉 Cause I know he likes singing – Karaoke https://www.youtube.com/watch?v=uJkzQNyW-dA
Much better sound wow! http://www.dailymotion.com/video/xb2c8s_julien-clerc-ce-n-est-rien_music
Embry – Market Manipulation More Blatant & There’s More of It
“The manipulation of gold today is perhaps more blatant and there is more of it than I’ve ever seen.
They don’t care anymore.”
BBC Peddling Propaganda
@geek boy, taking refuge in Swizterland, crafty fucker, good luck to ye, you should come and visit us, we’ll be in the Black Forest late July early August God willing.
Battle over EU budget turns ugly
S&P downgrades India outlook to negative
Well educated people cannot function, within a misinformation paradigm any better than someone with grade 1 page 2 can … even if they help design some of the misinformation.
Recognize the simplicity of our limitations … there are options
“Any intelligent fool can make things bigger, more complex, and more violent. It takes a touch of genius — and a lot of courage — to move in the opposite direction.”
Global food prices on the rise again-World Bank
Russia says many states arming for cyber warfare
@Youri … thanks enjoyed /… Julien Clerc
Marines discharging sergeant who criticized Obama on Facebook
Outgoing Dutch PM anticipates September snap poll
Spain pushes austerity in ‘extremely fragile’ period
Japan power companies warn of summer shortages
Glad you enjoyed it 🙂 cause I know, it isn’t always for everybody, any time.
S&P sees India’s current account gap widening in FY12
Inflation may not see much downward move – S&P
Citigroup buys new office in Mumbai for $187 mln – report
another tension knot untightener …
pas compliquer – Axelle Red http://www.youtube.com/watch?v=DIz1_4THWdY
Keen makes a lot of sense in fixing the existing system. He thinks very much like a good engineer and should be part of any panel for restructuring some of these economic problems.
Unfortunately, fixing the system doesn’t address the crooks. Once things start getting better, people will forget about pushing hard to remove the corruption from power. Maybe this is the way it has to be but it sure doesn’t seem right when looking at the damage done in their wake. The system needs to be replaced and the neo-classicists quarantined so they don’t spread their economics of disease further. Keen’s proposed some good ideas to keep the wheels of the economy on the road.
I may be mistaken, but I don’t think he’s really considered the environment in any of his work, though he does appear to express concern.
A Compass For Turbulent Times – Nicole Foss & Steve Keen
What a brilliant idea. If they bring back the Punt and say it is equal to the Euro, then they could pay back the debt with the help of a few fast printing machines.
Vin B is great a criticizing the government and mainstream parties, but the minute he hears how these economic problems can be solved he ridicules them. He is what you call “controlled opposition” in Ireland. He is there to laugh and ridicule any credible and alternative view.
Well done Steve Keen and Max. Keep up the good fight.
Can’t understand why Keen started to sugest an idea fresh from internet…
How about this Keen;
Ireland converts all their (cash) euros to bitcoins and silver.
Ireland (me think) voted against the euro.
It can not be a surprize that they go rogue on it.
Max’s answer is less like that of a paper bug. Me like better. Makes more sence.
The guy presenting that show I saw in an interview with some Euro-nazi.
He (the guy) was asking what a taxi driver would think about paying back loans that, etc etc.
I like Max’s phraze better: “What part of un-secured do you not understand?”. Says it all a lot shorter.
Plus that leads directly to question; Who can secure loans in name of my son who is 4 and owes around two million and a halve… from the get-go.