In this episode of the Keiser Report, Max and Stacy look at JP Morgan all the way down as bilking grandma is the business model.
In the second half, Max interviews Charles Hugh Smith of OfTwoMinds.com about the 'fatal synergies' and the 'sealed pressure cooker' resulting when the system refuses to offer a solution to those denied a voice or access to resources. They also discuss the oversupply of elites and the chaos this ultimately brings to society.
Max Keiser is an American broadcaster and film-maker. He hosts Keiser Report, a financial program broadcast on RT. He presents a weekly show about finance and markets on London's Resonance FM, and writes for The Huffington Post. Keiser invented "Virtual Specialist Technology," a software system used by the Hollywood Stock Exchange. Prior to inventing this technology, he worked on Wall Street where he began working after graduating from NYU.
Charles Hugh Smith writes the Of Two Minds blog which covers an eclectic range of timely topics: finance, housing, Asia, energy, long-term trends, social issues, health/diet/fitness and sustainability. From its humble beginnings in May 2005, Of Two Minds now attracts some 200,000 visits a month. Charles also contributes to AOL's Daily Finance site and has written eight books, most recently A Radically Beneficial World: Automation, Technology and Creating Jobs for All: The Future Belongs to Work That Is Meaningful