In this episode of the Keiser Report from Buenos Aires, Max and Stacy celebrate Christmas Eve with a look back at the biggest stories and trends of 2019. Deglobalization and Deglobalization roared ahead in the year as central banks started stockpiling and repatriating gold. It was also a year that was almost the opposite of 2018 in that going long almost anything performed well: from stocks to bonds to commodities. They also discuss the end of year 'repo-shock' as 2020 looks set for yet another turn in the roller coaster of a global financial system saturated with debt. They also look at the 'geo-economics' of deglobalization as the US retreats and China advances and at the GIABO of uprisings against the turmoil accompanying this transition.
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.