Max Keiser interviews Eric Janszen on The Postcatastrophe Economy

[FRED]

Interview begins at 13:30

[LargoWinch]

Re: Max Keiser interviews Eric Janszen on The Postcatastrophe Economy

That is great to see EJ having +/- 13min. of airtime. Well done.

I have to admit however, that I do feel for EJ trying to explain World Macro Economics and 10+ years of analysis in such a short time.

In the end, perhaps jk is right: the best medium is the written one...


PS: I forgot: Please, frontpage now FRED...

[marvenger]

Re: Max Keiser interviews Eric Janszen on The Postcatastrophe Economy

nice interview. You're looking very cool and objective EJ.

There's a theme that wasn't touched on that I believe makes the dynamic of the US destroying its manufacturing in favour of financial profits more understandable, because to me it just defies stupidity by itself and I don't think policy makers are that stupid. But in the end I guess they still are. Anyway, this theme is that the US wanted China on side after all the stresses of the cold war and they were prepared to destroy their manufacturing to give china a leg up and to get them ideological into a sphere closer to their own. I think the US thought they could use the development of finance and their control of it to maintain their hegemony. Doesn't lool like the plan is working out too well though.

[LargoWinch]

Re: Max Keiser interviews Eric Janszen on The Postcatastrophe Economy

... the US destroying its manufacturing in favour of financial profits more understandable, because to me it just defies stupidity by itself and I don't think policy makers are that stupid.

They are not stupid, they simply know what hands are feeding them: FIRE.

[marvenger]

Re: Max Keiser interviews Eric Janszen on The Postcatastrophe Economy

yeah but I think its more complicated that, all the deregulation and 'innovation' and explosion in finance i don't think was as simple as neoliberal ideology of letting markets work their magic. Thats what the planners want the sheeple to think but anyone with half a brain realises there is no such thing as a free market and the powerful want to be the ones shaping and controling the institutional features that markets operate in. The deregulation was a deliberate strategy to base US hegemony on their institutions controlling finance, they placed all their eggs in this basket and gave up manufacturing to china to keep them onside - they were losing ground anyway but to sign it over was arrogant. Unfortunately they have undermined their legitimacy for hegemonic control of finance by giving up manufacturing in an attempt to maintain empire rather than settling for a more multipolar world - and now they're risking banana repulic.