[KR883] Keiser Report: Global Housing Bubbles

In this special episode of the Keiser Report, we are joined by Professor Steve Keen, author of Debunking Economics, and Ross Ashcroft of RenegadeInc.com and the crowd-funded series, Meet the Renegades. We discuss housing bubbles in Australia, housing policy in the UK, and the rise of Donald Trump as a sign of the great recession happening outside the property bubble cities in which both politicians and journalists live.

263 comments on “[KR883] Keiser Report: Global Housing Bubbles
  1. swell says:


    Um no, and I’m guessing your learning to fully understand Vonda was not without ouchies.

  2. ronron says:

    @swell. vonda is a socialist cry baby. i can’t afford it.

  3. ronron says:

    anyway. anyone with no skin in the game has no opinion i have any interest in. nn

  4. Youri Carma says:

    US Collapse: Retail, Real Estate, Prepare for Big Depression – X22 Report’s Dave Interview https://www.youtube.com/watch?v=FgW9spgRYT8

  5. poopysnot says:

    @ronron – safe places coming soon everywhere, won’t even have to hide

    Eric Sprott addresses the new bull market in gold
    Sprott Money Weekly Wrap Up – March 4, 2016

    nite all*

  6. YoLithos says:

    Shiny, even brilliant, short term Rudolf.
    “30 years on, Norway’s radioactive reindeer are a stark reminder of Chernobyl legacy”
    Last September reindeer in Våga reinlag AS, Jotunheimen, had readings of 8,200 becquerel per kilo of radioactive substance Caesium-137, according to Norway’s The Local.

    Once again, the search engines are screening it out shamelessly. Time for secure indy P2P-like engines to multiply.

  7. swell says:


    It’s more because of the axiom, “don’t start, or else finish.”


  8. poopysnot says:

    China’s Parliamentary Spectacle

    …The event runs alongside a meeting of China’s top political advisory body, the Chinese People’s Political Consultative Conference. This year the focus will be on China’s development over the next five years and all eyes will be on how Beijing plans to tackle the country’s economic slowdown.

    3,000 of China's most powerful officials are gathering in Beijing https://t.co/vQFzKCuA1J pic.twitter.com/NZQd8XWApe— Dan Popescu (@PopescuCo) March 5, 2016

  9. Andy Perry says:

    You really should read this because it is very good.
    Then you should spread it as far and wide as possible, because if you do, you will be making the world a better place..

    The Caesar Photo Fraud that Undermined Syrian Negotiations

    By Rick Sterling


  10. Youri Carma says:

    ALERT! SILVER “THE MOST UNDERVALUED ASSET ON EARTH” Breaks Out! By Gregory Mannarino https://www.youtube.com/watch?v=r3dAmDbc1nY

  11. Youri Carma says:

    BlackRock Suspends “Gold” Issuance: Beginning of the End of the Paper Gold Market? https://www.youtube.com/watch?v=6a5ls0hWiDM

  12. Youri Carma says:

    GSR interviews JAMES TURK – March 2, 2016 Nugget

  13. Youri Carma says:

    Casey Neistat at the UN


  14. Youri Carma says:

    Making Music: Swede creates instrument that uses 2K marbles for perfect sound https://www.youtube.com/watch?v=UZkUACkCjbY

  15. Youri Carma says:

    ALERT. Gold Breaks Out! Expect A Big Move Higher Soon. Here’s Why. By Gregory Mannarino https://www.youtube.com/watch?v=kfGYaJHsxsA

  16. Youri Carma says:


    BlackRock Suspends ETF Issuance Due To “Surging Demand For Gold”

    Gold Surges, Stocks Purge As “Good Jobs” Euphoria Fades Fast

    Futures Flat Ahead Of Payrolls As Gold Continues Surge After Entering Bull Market http://www.zerohedge.com/news/2016-03-04/futures-flat-ahead-payrolls-gold-continues-surge-after-entering-bear-market


    Treasurys Hits “Fails Charge ” – Dealers Are Failing To Deliver 10-Year Paper http://www.zerohedge.com/news/2016-03-04/treasurys-hits-fails-charge-dealers-are-failing-deliver-10-year-paper

  17. Youri Carma says:


    “It’s A Depression” – The Disturbing Email A Houston CEO Sent His Soon To Be Laid Off Employees http://www.zerohedge.com/news/2016-03-04/its-depression-disturbing-email-houston-ceo-sent-his-soon-be-laid-employees

    US Oil Rig Count Drops Below 400 For The First Time Since 2009

    U.S. Has Too Much Oil. So Why Are Imports Rising?

  18. Youri Carma says:

    President Obama Takes Economic Victory Lap (After Biggest Wage Drop On Record) http://www.zerohedge.com/news/2016-03-04/president-obama-takes-economic-victory-lap-after-biggest-wage-drop-record

    This Wasn’t Supposed To Happen: Weekly Earnings Drop Most On Record http://www.zerohedge.com/news/2016-03-04/wasnt-supposed-happen-us-weekly-earnings-drop-most-record

    Gallup: “The Amount Of Debt Americans Carry Is Staggering And Grows Every Day” http://www.zerohedge.com/news/2016-03-04/gallup-amount-debt-americans-carry-staggering-and-grows-every-day

    Jim Rogers: There’s A 100% Probability Of A U.S. Recession Within A Year http://www.zerohedge.com/news/2016-03-04/jim-rogers-theres-100-probability-us-recession-within-year

    “There Is No Clear Way Out” – Richard Koo Says “The Price For QE Has Yet To Be Paid” http://www.zerohedge.com/news/2016-03-04/there-no-clear-way-out-richard-koo-says-price-qe-has-yet-be-paid

  19. mike says:

    Housing bubbles are the creation of bankers who yearn for the ample bosom of mother with great big luscious mortgages and dependable nutritious interest payments for a long long time.

  20. Youri Carma says:



  21. Youri Carma says:

    R3 and banking consortium finish block chain performance test

    IBM and Japan’s Largest Stock Exchange to Test Blockchain For Trading Environments http://www-03.ibm.com/press/us/en/pressrelease/49088.wss

    IBM Delivers Blockchain-As-A-Service for Developers; Commits to Making Blockchain Ready for Business http://www-03.ibm.com/press/us/en/pressrelease/49029.wss

  22. Youri Carma says:

    Keiser Report: Bankers and miracles (E884) with Sandeep Jaitly


  23. YoLithos says:

    All this central planning!
    “Monkeys Drive Wheelchairs Using Their Thoughts”

  24. swell says:

    Ding an sich

    “Realism claims, contrary to idealism, that perceived objects exist in the way that they appear, in and of themselves, independent of a knowing spectator’s mind.”

    Kant Never Could?

    “It is the dialectic character of knowing, rather than epistemological insufficiency, that Kant wanted most to assert.”


    cf. https://en.wikipedia.org/wiki/Critique_of_the_Kantian_philosophy

  25. YoLithos says:

    The fear of having messed with something greater seems to suddenly be surfacing in several places. From the ex-billionaire that threw an offering of hundreds of thousands in gold and luxuries into the sea, to appease the nature spirits whose domains his enterprises ravaged. To the former Bank of England Governor seeing the error of his and everyone’s ways – and begging them to repent. And including the procession of repentant ex-traders, investors, and dealers beating their chests on the internet and attempting to live in simple harmony in atonement – in comparatively comfortable sackcloth and ashes. But the meat grinder keeps turning.

  26. YoLithos says:

    The new prediction method looks for shifts in Global Wind Oscillation (pdf) , and focuses on the jet stream changes (winds at 33,000 feet). When these winds shift from rather straight east-west to more roller coaster-like plunges north and south, tornado outbreaks are more prevalent. These wind patterns shifts sometimes persist for two to three weeks before they trigger tornados.

  27. YoLithos says:

    Since two years ago, when the last study took place, the number of autocracies has increased from 58 percent to 73 percent, and only 15 of 55 autocracies protect “civil rights even on a basic level, with modest political rights.”

  28. swell says:


    Data Access Center/Ozone Secretariat


  29. poopysnot says:

    Part-time Employment SURGES as Weekly Earnings Drop the MOST EVER!
    Peter Schiff – Mar 5, 2016

    US watchdog to probe Fed’s lax oversight of Wall Street
    Mar 4, 2016

    A U.S. watchdog agency is preparing to investigate whether the Federal Reserve and other regulators are too soft on the banks they are meant to police, after a written request from Democratic lawmakers that marks the latest sign of distrust between Congress and the central bank.

    Had diner with a central banker this week. They've found out QE isn't helping, but they'll continue trying for a while. #insane— BullionStar (@KoosJansen) March 5, 2016

  30. swell says:

    Stratospheric ozone depletion follows concentrations of reactive chlorine, and by bromine compounds that are implicated in large part as anthropogenic produced OSDs, particularly halons, carbon tetrachloride, CFCs, HCFCs, methyl chloroform and methyl bromide.

  31. swell says:

    The Ozone layer results from short-wave ultraviolet radiation from the Sun striking the atmosphere and changing oxygen to ozone, (‎O3).

    In the lab, and in manufacturing, ozone is produced by UV Lamps (Short-wave) (cleaner of pollution), as well as corona discharge ambient air systems, (more volume efficient but dirtier.)

  32. ronron says:

    @swell. tell me more of this ozone layer. who discovered it and when?

  33. swell says:


    The Ozone layer shields the planet from harmful ultraviolet radiation.

    The Ozone molecule was discovered by Christian Friedrich Schonbein (1799-1868), in 1840, while he was working with electricity in the presence of oxygen.

    Made up of three oxygen atoms, ozone is very reactive. Ozone is inherently so unstable it is an essentially unstorable gas that is produced “ex tempore” from oxygen that must be used at once. Oxygen, composed of two atoms, is much more stable.

    Comprehending that ozone derives from oxygen when an electric arc was applied, early production was made by the chemist Werner von Siemens, who invented the super-induction tube (Siemens’s tube).

    Many agents break down ozone. The atmosphere contains hundreds of different hydrocarbons, each reacts differently and oxidates differently. In the case of a single hydrocarbon, typically nitrogen oxides and carbon monoxide, hundreds of chemical reactions take place.

    And at ground level itself, ozone can considered a dangerous component of smog.

  34. ronron says:

    @swell. so in 1840 before aviation Fred found something at 60000 ft?

  35. swell says:


    Schonbein was working at ground level with a voltaic pile in the presence of oxygen, when he noticed the presence of a particularly “electric and pungent smell”, which gave rise to his realization that there was definitely something there.

  36. swell says:


    It’s the same smell that’s in the air immediately after a close lightning strike.

  37. ronron says:

    haha. well swell you will be shocked to know most science is assumed for a pay cheque. but wax on about the ozone discovered from the ground. i can not polish your wax. i hate scraping it off. but, someone has to do it.

  38. swell says:


    Tanning bed lamps are not quite as short wave-length but can perhaps produce a hint of ozone.

    Growers might even use them to make their plants produce more resin and turn purple to resist the UV.

    The short-wave lamps are used in ozenators to produce ozone in thousands of plants for bacterial disinfectant in water purification.

    And even with ozone itself as a disenfectant, of which Schonbein, himself, may have been unaware, he contracted a Bacillus anthracis infection while trying to find a chemical method for preserving meat.

  39. ronron says:

    well swell. lets get back to the ozone layer surrounding our planet. like landing on the moon and taking pictures on mars. all bullshit. expensive bullshit. one thing for sure. the higher you get, the less oxygen.

  40. ronron says:

    i got an idea. lets report on a hole in the ozone layer. scary. no? and above the melting north. OMG.

  41. swell says:


    My response went to @YoLithos’ observation of autocracies neglecting human rights (and/or political).

    Clean air, water and oceans seems pretty fundamental.

  42. ronron says:

    @swell. just me ranting. means nothing.

  43. swell says:


    I am time and again humbled by your eloquence.

  44. poopysnot says:

    Head of UK chamber of commerce suspended for supporting Brexit
    Mar 5, 2016

  45. poopysnot says:

    Boss Hogg & the Credit Collapse

    1 person 1 vote? No. The economic elite (super rich) have 16x the influence of the average citizen pic.twitter.com/LehooJ2hM5— Eric Scott Hunsader (@nanexllc) March 5, 2016

  46. ronron says:

    i did not want to report on the ozone layer. it was a great bullshit theory.

  47. ronron says:

    then they got a hole in the story. ;-)

  48. ronron says:


  49. poopysnot says:

    Oh, I should mention that tweet from Eric Scott Hunsader comes from a Princeton study, Page 12, Table 4:


  50. poopysnot says:

    g’night ronron =) ..nite all*

  51. YoLithos says:

    For what it’s worth.
    Ozone has been measured in the upper atmosphere using everything from spectroscopy from the ground and in the air, to direct and indirect chemical analysis using balloons and airplanes, and by the refraction of radio waves, radar (which is also radio waves), and sunlight (which is also electromagnetic radiation). Repeatedly. All over the world. From pole to pole. Giving the same results and reactions that occur in the lab at ground level. The measurements have been done both on the ground, with recovered material and up there in the air. Professionally. Technically. Scientifically.

    And above 3000 meters altitude there is growing cosmic radiation which adds to the atmospheric breakdown and ozone production. Under “standard” S.I. temperature and pressure, 1 mol (~6.02214×10²³ molecules) of atmosphere at 1 Bar has a volume of 22.4 litres (0.0224m³). At 10000 meters altitude, it is still about 1/3 to 1/4 of that density. Declining to more than 1/5 at 30000 meters. Which is the altitudes at which ozone circulates from being produced in the tropics to parking at the poles. More than enough time, space, and density for a measurable proportion to be zapped by UV and cosmic radiation and to become ozone.

  52. YoLithos says:

    That’s the scientific physical and chemical ozone, of course. Different people might have their own.

  53. YoLithos says:

    For the Sami reindeer herders, Farrell and his colleagues’ work meant the ability to communicate with their loved ones via email—and fewer helicopter rides back to the grid to check their bank accounts. But for Farrell and a host of others, connecting this isolated population of Arctic herders to the web was about something much bigger: A 250-million-mile wide network which will span the solar system and help to dispel the sense of total isolation that will surely be experienced by the first Martians. The interplanetary internet.

  54. YoLithos says:

    Sea Pirates Hacked a Shipping Company To Figure Out Which Vessels to Plunder

  55. YoLithos says:

    An Extremely Smart Traveler Decided to Bring Gun-Shaped High Heels to the Airport

    Fidgeting in This Chair Will Charge Your Phone