In this episode of the Keiser Report, Max and Stacy discuss the looming 'financial war' between the US and China and why it could lead China (and other nations) to develop other independent clearing systems to avoid the weaponized dollar. In the second half, Max talks to Tyson Slocum about the curious case of a mysterious buyer for El Paso Electric and what it means in a day and age when more and more of public companies are going private. Are we in another period of robber barons? They also discuss the situation out west with PG&E in California.
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.