Max Keiser's Thing of beauty

[Mega]

Last May Max Keiser was on his Net TV show (The Keiser report) when he basked in the glow of the sudden crash of Iceland & their banking systern. He then having patted himself on the back proceeded to say that the UK £ would be next & it was only a few weeks to go.

With a eveil glint in his eye he said "This will be a thing of beauty". Unlike Max however i KNEW it was not. I sussed that the "City" would not be allowed to crash & burm because if it did that would be the end for Wall st as well.

However, i sense the "TOB" draw's near:-
http://www.telegraph.co.uk/finance/e...bt-crisis.html

Mike

[LargoWinch]

Re: Max Keiser's Thing of beauty

Mike, what is "TOB"?

[sunskyfan]

Re: Max Keiser's Thing of beauty

thing of beauty

[Starving Steve]

Re: Max Keiser's Thing of beauty

Why do we need central banks and fiat money? Wasn't going off of the gold standard supposed to protect against wild booms and busts in the economic-cycle? Wasn't fiat supposed to protect capitalism against the threat of hungry mobs in the streets?

Isn't it time for central bankers now to resign? If not now, when?:rolleyes:

[medved]

Re: Max Keiser's Thing of beauty

Wasn't fiat supposed to protect capitalism against the threat of hungry mobs in the streets?

No. According to Karl Marx it is absolutely crucial for building socialist economy.

[Mega]

Re: Max Keiser's Thing of beauty

Everyone wants it!
http://www.bloomberg.com/apps/news?p...L5Yk47as&pos=2
Mike