DOOOOOOOOOOM: Is the UK screwed?

[Jeff Maginty]

..

[Robinho]

Max Kaiser is a very smart chap and of course we are completely screwed.

It's actually genuinely sad what politicians have done to this once proud country.

[SeaBass]

Max Kaiser is a very smart chap and of course we are completely screwed.

It's actually genuinely sad what politicians have done to this once proud country.

Don't forget the liberal lefties...

[AtW]

He is right saying that Osborne's bet to support bond market was a fatal mistake.

[Robinho]

Don't forget the liberal lefties...

Them too.

Those idiots who wanted a fairer deal for the working man have resulted in a tulipter deal for everyone. Well done guys keep voting for pie.

[mos]

BBC News - GDP: Max Keiser on UK economy, bonds and gold market

He may be "telling it as it is" however I treat his opinions with a pinch of salt. He is trying to bring down the Banking System of developed economies, especially Britain however he never say a bad word about Asia and Russia. Spreading his revelations may be useful for his sponsors (RT), however if he does succeed and the London banking centre is no more, Wall street is crippled - then what's next? Do we really think that on the ruins will grow fairer, better financial system for us?
The most likely scenario is that the worst version of our systems will flourish uncontested in Asia. It is like the liquidation of one gang creates space for the next, perhaps more oppressive and destructive one.

[AtW]

He is trying to bring down the Banking System of developed economies

No, that's the bankers' job and they are doing it really well.

[barrydidit]

Them too.

Those idiots who wanted a fairer deal for the working man have resulted in a tulipter deal for everyone. Well done guys keep voting for pie.

I don't think there's anything inherently wrong with wanting to secure a fairer deal for the working man. They are idiots though since they muddled the working and non-working types into the same bracket and applied their logic universally.

[mos]

No, that's the bankers' job and they are doing it really well.

I agree that they are damned experts in tulipting the system. Call me a psycho, however I suspect that various people in banking (and their hires and the hires of their hires and so on) were put there as a Trojan horse. They were rewarded proportionally to how much damage to the system they caused.

[rambaugh]

BBC News - GDP: Max Keiser on UK economy, bonds and gold market

This is all theoretical. Every economy has its inherent risks. More than anything UK consumers are experiencing a crisis of confidence and the UK media is relentless at doing its best to ensure nations psyche stays negative.