Post by 3bid on Jan 22, 2020 16:52:14 GMT -5
A Bag of Conundrums
21.01.2020
On today’s episode of Double Down, Max Keiser and Stacy Herbert talk to Jim Kunstler of Kunstler.com about the state of the US political and economic systems.
As the world sinks deeper into a kind of neo-feudalism of an untouchable class at the top incapable of failing, even though that’s what they do all year long, and the vast majority who must toil at low wage jobs and still require debt to afford the bare necessities of life, DOUBLE DOWN asks Jim Kunstler of Kunstler.com if there is any solution on offer from the Democratic candidates for president. He sees an economic ‘bag of conundrums’ for all parties to deal with, for what is really going on is far more complex and weird than is currently appreciated. The state of our economy depends on the state of our energy inputs in our techno-industrial age. How much value will all this data we collect have if we can’t produce enough electricity to keep the servers running? Kunstler also believes we are heading into a neo-Medieval form of feudalism rather than a hyper-corporate one as he does not believe any of those corporate structures will survive what is coming. Tune into Double Down to hear more on what Jim Kunstler has to say about this feudal future in the cards.
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14.01.2020
On today’s episode of Double Down, Max Keiser and Stacy Herbert talk to Dominic Frisby about his new book, Daylight Robbery.
As the world gears up for another war in the Middle East, one thing that goes hand in glove with war is taxes. So it’s no better time to talk to Dominic Frisby who has written a book all about taxes, “Daylight Robbery.” They discuss the relationship between tax and war. Not only does this involve direct taxation, but also debt, which is a tax on the future. Dominic notes that the British taxpayer only just finished paying off the debts for WWI. War costs also ultimately lead to inflation, which is taxation without legislation. Furthermore, every war is not only financed by new taxes but that war also gives the government greater leverage to levy more taxes in the name of patriotism for the war effort. Tune into Double Down to hear more on what Dominic Frisby has to say about this daylight robbery.
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Only So Long That You Can Hide the Sun
07.01.2020
On today’s episode of Double Down, Max Keiser and Stacy Herbert talk to Nick Giambruno of Casey Research about war, gold and currency crisis.
As the ‘roaring’ twenties kicks off with war and stock market booms, DOUBLE DOWN asks Nick Giambruno of Casey Research in Buenos Aires what he thinks is happening. Can the Fed continue to keep the stock market at all time highs? Nick says there is a saying in Argentina that “there’s only so long you can hide the sun before it rises again the next day.” The same goes for all central banks, they can’t overwhelm market forces forever. One day market pricing will happen again, whether or not central banks want it to happen. They also discuss bitcoin, the new crisis currency, and how it is being used in Argentina to help people protect their wealth. Tune into Double Down to hear more on what Nick Giambruno has to say about living as an international man in turbulent times.
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