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As tensions between the US and China ratchet up, what next for the global economy as the world's biggest debtor nation takes on the world's largest creditor nation for primacy in the hearts and minds of Asia-Pacific nations. With its huge war chest of cash, China is forcing America to cough up more credit to maintain its military supremacy in the region. Which of the two great powers will suffer a debt collapse first? They discuss whether or not One Belt, One Road will be allowed to continue and whether or not conflict will be inevitable as the two powerful countries vie for control of the Asia-Pacific. They also look at the peer to peer Ponzi schemes and housing debt bubbles in China and whether or not the economy can survive that. Tune in to hear the latest.
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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.