The ‘First American’ and Founding Father, Ben Franklin said: “A great empire, like a great cake, is most easily diminished at the edges.” America sure likes it cake, even if that cake is a not so great GMO-corn-syrup ladened sugary concoction of gloop, but is America so easily diminishing at the edges? Double Down talks to Abby Martin, creator and presenter of The Empire Files to find out. They examine Hillary Clinton’s imperial record — from Honduras to Libya — and find that, if Ben Franklin were the ‘First American,’ she could be the last as the empire diminishes rapidly.
To listen to the show, click image below.
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We talk to John Ackerman, professor, columnist and the Mexican Law Review’s editor-in-chief, about the economic relationship between Mexico and the United States. He has a plan to cut off the flow of funds from America to the Mexican government and he also responds to Donald Trump’s wall. Like Trump, however, Ackerman believes Nafta has been devastating… both to the American worker and to the population in Mexico. We conclude with solutions to the consequences of neoliberal capitalism and dodgy trade deals.
We discuss the biggest topics needing a ‘solution’. As the world looks on with fear at the prospect of a Trump presidency, they propose solutions to ‘make America great again’. Maybe better media? Better infrastructure? More political parties and less of the lesser of two evils? In the second half they talk to Professor Steve Keen about his ideas on how to make America great again. They discuss the role of ‘trade deals’ such as Nafta and the TTIP as well as the role of rising debt in the decline of living standards.
In this episode of the Keiser Report from Washington DC, Max and Stacy discuss the threats to the global financial system posed by Deutsche Bank and all Italian banks. In the second half, Max interviews Rob Kirby of Kirby Analytics about Deutsche Bank’s massive derivatives book.
As the race to replace Obama heats up, one question is: will Obama alley-oop his Asia Pivot to Hillary? Or will Trump steal the ball and dribble away toward isolationism? Dan Collins of TheChinaMoneyReport.com says that the US is in a trade war but doesn’t even know it; and China fears a Trump presidency because he could fight back by, for example, cutting corporate taxes from the highest in the world to something more competitive with China.
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We discuss NIRP absurdity as negative yielding sovereign bonds top $11.7 trillion whilst futures spike on banks buying back their own shares. In the second half Max interviews Ed Harrison about negative interest rates and the Brexit aftermath.
We discuss the debt singularity that is the other side of the asset price boom balance sheet. In the second half, Max continues his interview with Roy Sebag and Josh Crumb of Bitgold.com/Goldmoney.com about the glass ceiling for wages, anti-fragile crypto currency, energy proof of value, and palladium is the ‘MySpace’ of precious metals.
“If you try to change it, you will ruin it. Try to hold it, and you will lose it.” — So was written in the Tao Te Ching thousands of years ago in China and so some say online today of The Dao — the first Decentralized Autonomous Organization on the Ethereum blockchain. Is the smart contract code so irrefutable that to change it is to ruin it? And is trying to hold onto siphoned ether to lose ethereum itself? We’re about to find out as $53 million worth of cryptocurrrency was recently hacked, drained, siphoned, gained — however you wish to interpret the so-called smart contract code — the DAO. Double Down talks to cryptocurrency investor, Karl Gray about this DAO-saster.
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