Debate House Prices


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A must see brief video on the whole mess we're in.

Conrad
Conrad Posts: 33,137 Forumite
10,000 Posts Combo Breaker
edited 12 October 2011 at 2:58PM in Debate House Prices & the Economy
Not some shock jock tin hatter.

Below is the link to The Keiser Report, a weekly bulletin seeking to illuminate the financial crisis.

An ex - traders view and whistle blowing on what's really been going on - often shocking, always compelling.

YOU MIGHT BE SHOCKED AS TO HOW TRADERS HAVE BEEN SKIMMING PENSION FUNDS TO THE TUNE OF TRILLIONS FOR DECADES WITHOUT ANYONE ON THE OUTSIDE KNOWING.

Especially good from about 3.15

Enjoy

http://rt.com/programs/keiser-report/keiser-report-195-max/

Comments

  • nearlynew
    nearlynew Posts: 3,800 Forumite
    The keiser report is fantastic.

    I never miss an episode.
    "The problem with quotes on the internet is that you never know whether they are genuine or not" -
    Albert Einstein
  • grizzly1911
    grizzly1911 Posts: 9,965 Forumite
    Flicked on RT this morning as Sky and BBC were wall to wall Jubilee.

    Found this Keiser Report an interesting spin on things.

    Not yet on the "catch up" page so can't post link.

    Financial Terrorism, bankers fearful of country splitting ranks an breaking their control.

    What would happen if the PIIGS departed and formed their own "union"?

    Is Greece with 0.4% of world economy "really" such a big issue?

    We've had cheap money pumped in every time we have had a crisis over last 20/30 years and we are still in the position we are in.

    Is more and more Q/E and issuing of long dated government bonds juts kicking the problem down the road in some form of "ponzi scheme"?

    Can the IMF be trusted, should we be returning to a gold standard?
    "If you act like an illiterate man, your learning will never stop... Being uneducated, you have no fear of the future.".....

    "big business is parasitic, like a mosquito, whereas I prefer the lighter touch, like that of a butterfly. "A butterfly can suck honey from the flower without damaging it," "Arunachalam Muruganantham
  • vivatifosi
    vivatifosi Posts: 18,746 Forumite
    Part of the Furniture 10,000 Posts Mortgage-free Glee! PPI Party Pooper
    Conrad wrote: »
    YOU MIGHT BE SHOCKED AS TO HOW TRADERS HAVE BEEN SKIMMING PENSION FUNDS TO THE TUNE OF TRILLIONS FOR DECADES WITHOUT ANYONE ON THE OUTSIDE KNOWING.

    You can't extrapolate that because BoNY M has allegedly defrauded its US state pension accounts, that this accusation relates to all banks and all pensions.

    I'm no banking apologist, but I can't take seriously any programme that talks about Marie Antoinette having her head taken off by guillotine and then suggesting that the death penalty gets extended to bankers. Which is a shame, because when they make a valid point it gets drowned out by the rest.
    Please stay safe in the sun and learn the A-E of melanoma: A = asymmetry, B = irregular borders, C= different colours, D= diameter, larger than 6mm, E = evolving, is your mole changing? Most moles are not cancerous, any doubts, please check next time you visit your GP.
  • chewmylegoff
    chewmylegoff Posts: 11,466 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Conrad wrote: »
    An ex - traders view and whistle blowing on what's really been going on - often shocking, always compelling.

    as far as i understand he is former stockbroker, rather than a trader. now he makes money from saying contraversial things. is that silly hedge fund he set up still going?
    YOU MIGHT BE SHOCKED AS TO HOW TRADERS HAVE BEEN SKIMMING PENSION FUNDS TO THE TUNE OF TRILLIONS FOR DECADES WITHOUT ANYONE ON THE OUTSIDE KNOWING.
    charges made by pension funds are pretty clearly set out. as viva has pointed out, just because one bank has allegedly done something fradulent, doesn't mean the whole industry has. the easiest way to avoid getting stung by management fees is just to manage your pension yourself, but if you aren't going to do that you can hardly expect someone else to do it for free.
  • nearlynew wrote: »
    The keiser report is fantastic.

    I never miss an episode.


    Does everyone who watches Kieser buy silver regularly?

    He is right on when he wants everyone to sell paper investments and take delivery of silver bullion.
    A billion here, a billion there, and pretty soon you're talking real money Everett McKinley Dirksen
  • Lewis1967
    Lewis1967 Posts: 49 Forumite
    nearlynew wrote: »
    The keiser report is fantastic.

    I never miss an episode.

    He is getting a large viewer base. What were to happen if he does another buy silver crash JPMorgan campaign? If all his viewers sold their paper and retirement investments and all bought silver it could be the end of the fiat monetary system.
    Imagine if China started paying housing benefit the same as the UK. Half a billion people would move from the slums in tin can huts to all these new apartments they are building every year. Property prices would double from where they are now.
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