The International Monetary Fund said Wednesday policy measures have helped bring financial stability to Europe, but it is too soon to say if the global financial crisis is over because stability is not yet ensured. (April 18) Subscribe to the Associated Press: bit.ly Download AP Mobile: www.ap.org Associated Press on Facebook: apne.ws Associated Press on Twitter: apne.ws Associated Press on Google+: bit.ly
Follow us @ twitter.com twitter.com A US lawmaker is reportedly planning to introduce the “Sound Dollar Act” early next month. This is legislation that would move the federal reserve from its dual mandate of maintaining price stability (which is anathema to the dollar debasement that it creates through its massive money printing operations) and keeping unemployment low (which it has failed to do…curious…) to just promoting price stability. Hmmm…what would that mean for the Fed’s unofficial mandate of trashing the dollar? And Turkey, the fastest growing economy after China, is being penalized in the credit markets for failing to promote consumer savings, according to bloomberg. What? You mean savings matter!! That’s amazing…ummm not to us it isn’t. You can’t have economic growth without savings, because you can’t have investment without capital. Capital comes form savings, and growth comes from investment, but its shocking how many people think money “grows on tress.” Can you blame them, when we have a serial money printer at the Federal Reserve, pushing us all into serfdom and neo-feudalism with a policy of perpetual bailouts and zero percent interest rates? Oligarchy here we come! Finally, with central bank policies of the fed and ECB amounting to –trash for cash — as economist David McWilliams puts it with his “Punk Economics: Lesson 2,” turning “water into wine.” These perpetual bailouts are nothing other than an institutional form of wealth transfer. They …
This week Max Keiser and co-host, Stacy Herbert, look at the one in 66 Americans now classified as psychotic and the matter of ‘selective default’ as the over prescribed anti-psychotic medication for financial marketss. In the second half of the show, Max talks to Adrian Salbuchi about the similarities between the financial attack on Greece and what happened to Argentina in 2001/2002. KR on FB: www.facebook.com/keiserreport
Watch the full Keiser Report E167 on Tuesday. This week Max Keiser and co-host, Stacy Herbert, look at the one in 66 Americans now classified as psychotic and the matter of ‘selective default’ as the over-prescribed anti-psychotic medication for financial markets. In the second half of the show, Max talks to Adrian Salbuchi about the similarities between the financial attack on Greece and what happened to Argentina in 2001/2002. KR on FB: www.facebook.com/KeiserReport
Watch the full Keiser Report E163 on Tuesday. This week Max Keiser and co-host, Stacy Herbert, report on declaring war on ratings agencies and buying refrigerators to save the economy. In the second half of the show, Max talks to Professor Emeritus, Guy McPherson, who has exited empire to build a post-carbon community. KR on FB: www.facebook.com/KeiserReport
This week Max Keiser and co-host, Stacy Herbert, report on how to improve your self esteem with mountains of debt. In the second half of the show, Max talks to Demetri Kofinas in Athens about the global insurrection against banker occupation happening in Syntagma Square and the role of credit default swaps and mountains of debt in making that occupation possible in the first place. KR on FB: www.facebook.com/KeiserReport
This week Max Keiser and co-host, Stacy Herbert, report on how to improve your self esteem with mountains of debt. In the second half of the show, Max talks to Demetri Kofinas in Athens about the global insurrection against banker occupation happening in Syntagma Square and the role of credit default swaps and mountains of debt in making that occupation possible in the first place. KR on FB: www.facebook.com/KeiserReport
Latest financial market news: • FTSE 100 up on decent Asian showing overnight • More M&A excitement with Avis takeover • Glencore and Tesco release results • UK inflation (CPI/RPI) numbers in line with expectations • Investors looking to plentiful US economic indicators data this afternoon, including US retail sales
