Post by 3bid on Nov 10, 2020 13:15:20 GMT -5
Keiser Report | QE Markets & Shale Writedowns
Nov 10, 2020
The hosts of RT’s Keiser Report, Max Keiser and Stacy Herbert look at Société Générale’s analysis of the impact of quantitative easing on stock and bond markets.
The financial services group found that trillions of dollars have been transferred to the top one percent who own the vast majority of stocks and bonds.
If Joe Biden becomes president “we are going to see a repeat of 2008” Max says, referring to the global financial crisis.
According to Max, when Barack Obama took office “he didn’t know anything about Wall Street” because of his constitutional law background. “He kind off threw the keys of Wall Street over to Larry Summers and all these other folks. And then they created the global financial crisis.”
Nov 10, 2020
The hosts of RT’s Keiser Report, Max Keiser and Stacy Herbert look at Société Générale’s analysis of the impact of quantitative easing on stock and bond markets.
The financial services group found that trillions of dollars have been transferred to the top one percent who own the vast majority of stocks and bonds.
If Joe Biden becomes president “we are going to see a repeat of 2008” Max says, referring to the global financial crisis.
According to Max, when Barack Obama took office “he didn’t know anything about Wall Street” because of his constitutional law background. “He kind off threw the keys of Wall Street over to Larry Summers and all these other folks. And then they created the global financial crisis.”