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Tice "Hold gold & silver coins for protection", Steve Keen about wages, deflation and zombie capitalism.

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December 23, 2009 – Comments (2)

MY COMMENT: They speak to me....

  Steve Keen at 13 minutes explains why Bernake's plan will not work.

The money quote here at 23:00 "the F.I.R.E economy... what you got is a whole bunch of people, what have not got any skills.  They worked as Financial managers, bankers...you have 20% of the working population, who cannot do anything productive, who you are going to have to find a job for."

 

 

2 Comments – Post Your Own

#1) On December 24, 2009 at 1:38 AM, jesusfreakinco (28.83) wrote:

Hadn't seen Tice's interview.  Good find.  I've heard other interview on King World News - SInclair's interview is priceless IMO.

JFC

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#2) On December 26, 2009 at 5:26 PM, alexxlea (63.74) wrote:

Oh my god watching the second interview made me laugh made me cry reminded me what a bad path we took.

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