Tuesday, November 27, 2012

Max Keiser or David Cameron who do you believe on the British Economy ? Maybe Steve King is Right

I think Steve King makes the most sense - Nickglais. Max is a gold and silver bug and sees the bond market collapsing - he is talking his own book - in fact he has bet money on it, Steve Keen correctly points out that Central Banks can prop up the bond market if it is in their own currency through the shadow banking system. Iceland borrowed in other currencies that was the source of its problems.

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