http://maxkeiser.com/tag/keiser-report/ Max again does a brilliant analogy of the US economy which many think is still well above China, but when we consider the undervaluing of the Renembi,industrial productive capacity of China and the artificial wealth of derivatives + debt of the USA,China in reality is equal to or way beyond the USA is real wealth and power.

The BRICS Nations which now include Brazil,Russia,India,China and South Africa,make up 40% of the world's population and most of it's manufacturing.They have formed a trading alliance and now look like forming monetary alliance to rival that of the IMF,World Bank,US Federal Reserve and the Bank of International Settlements.

So with the pending collapse of the US $ and the Euro,why would we want to put a US base in Darwin to annoy China and risk a loss of trade that underpins our present living standards? Add into the mix the carbon tax + mining tax and we are looking at real Greek poverty.Clive Palmer knows on which side his bread is buttered.

China is already accessing other sources of energy/resources in Africa and South America.Why would China bother invading us when they can already buy what they want? It costs a lot more to buy weapons than a politician.

The heading should have been,' Too broke to go broke'

presently..too big to be allowed to fail
when capitalists/capitalism..goes broke...the people bailout the rich

when communism failed..the people got shares
[sure in depleted industry]..but the people 'got something'

sure..they virtually were conned out of [everything]
by clever capitalists..fronting big banks..

but the people didnt get debt..didnt get entrapped
into paying off others debts..didnt get landed with gross usury*

no we allow them to simply print their way to hyperinflation
[so far the bailouts have managed to tripple the cost..of basic [sic*]..services

the people also no longer own
plus their COMPULSORY..superfunds has propped up...a market
needing so much cash..simply to pay intrst only..on huge debts

the next bailout..only bails out the last
ie the bankers lend money to govt
to repay back..*the previous loan

its clever stuff
too clever by half

the system is broke
it needs govt to take back the fed
for govt run the fed/national banks..to allow govt
to lend ..*to banks..not visa versa

you cant trust banks
not to leverage..huge bailout funds..into ever bigger debts

banks shouldnt set intrest rates[govts should]
bankers shoul;dnt hold securities..govt owned fed should

the fox has full control of the henhouse
but is only eating the fat ones..[the few]
not the skinny peons...soon to be landless serfs

the assets..are 3 times more
than they are historicly worth..

[thats what govt..giving your super
direct to the elite..owning the bankers has done]

few notice
fewer care
some excuse it..[for now]
but its unjustifyable..criminal..colluding treason

UOG,watch this space.Very few will comment because they don't have the knowledge and like Pavlov's dogs will only react to things that the popular media leads with.

We should join the BRIC nations and trade with them also,since the Western Economies have little productivity and our monetary system that is collapsing.The Elites such as Rothschilds,JP Morgan and Rockerfeller are trying to pick a fight with China since their banking system has failed to infect China's economy.

We can find the terrorists on this planet by a measure of how much oil they have or if they have an independant banking system that cannot be enslaved by their debt.

What is there to comment on, Arjay?

>>Very few will comment because they don't have the knowledge and like Pavlov's dogs will only react to things that the popular media leads with.<<

Can you point to anything - anything at all - that Max Keiser has called correctly in the past? Does "Karmabanque" mean anything to you? How about his prediction that J P Morgan would be bankrupted when the price of silver reached $47?

He is a self-promoting know-nothing, with about the same level of understanding of the world of finance as you do, Arjay.

You and I can at least agree that China is an increasingly important trading power, with an ever-greater impact on the global economy. Also, that they are intent upon the long-term replacement of the dollar as reserve currency with the Renminbi.

What puzzles me is why you think this is somehow a bad thing.

I suspect this makes me dogged in responding to your Pavlovian bell, Arjay…

And I can forgive you for ignoring my questions 'Regarding Iraq and Busby... Was that the report, titled "Cancer, Infant Mortality and Birth Sex-Ratio in Fallujah, Iraq 2005–2009"' preoccupied as you were with "Ignoring Fukushima at our peril".

Now moving on to the latest, this seemed odd: "We can find the terrorists on this planet by a measure of how much oil they have or if they have an independant banking system that cannot be enslaved by their debt."

But I thought from your musings that the 'independent banking system that cannot be enslaved by their debt' was China's? You know the country you want us to keep on side of – and you're calling them terrorists? I don't understand it…

RSVP seems inappropriate… What about Répéter Fantastique Imaginé un Danger?

Or RFID for short.

Pericles,WmTrevor,

You guys continually crack me up. So much so that I can never add anything of worth compared to all the hilarious slicing and dicing of Arjay. I'm even possibly in the market for a nemesis too I think, but maybe one on a more even footing.

Anyway, it sure is fun admiring the carnage from afar:-)

Pericles Wmtrevor,you have made no critical analysis of what Max Keiser said just meaningless value judgements.No comment on the reality of the BRIC Nations or their opposition to the Western banking Counterfeiters.

Why should we be aggressive towards China and back the ciminals who have stolen our super and savings?Max Keiser is spot on.

Prof William K Black said that 95% of Fannie Freddie loans were fraudulant.Why do you protect these criminals?

I haven't seen *Max* in a full flight rant since *Indonesia's IndoVision* where from memory he had a daily show on the *Rusky* channel.

At that time, or rather at production time, they had him partnered with a lady economist to balance him out with a more "mainstream/conventional wisdom" view.

..

My view is that there are certainly way too many parasites in Australia who get paid way too much to do way too little and that the average Australian should be far better off.

Wig Parasites, are an example of this as are some of the obscene fees in the banking and financial areas.

"Free Market" in this sense means free to screw everyone, amongst other things.

DreamOn.The full heading was Max Keiser ,"Too broke to go broke." For some reason Graham Young has gelded my introduction.I suspect that he is sensitive to banker criticism because of their financial support of this site.

This is why I'll no longer donate or even consider advertising here.Perhaps it is time to move on and divorce OLO.

grayham let the topic through arjay
[mine re what happend to the titanic 'dead;..didnt]

i know grayham believes in life after 'death'
so thought that would get through..[but it didnt]

yours did..
sure[maybe]..'',"Too broke to go broke."...didnt
in the first post..but its here now

now they know..[and we do too]

they havnt refuted the message
[we are..its undeniable...and what do our most clever guys in the forum say?

they attack you..as usual
dont go arjay...make them reply the topic!

maybe rephrase the question
how much more are we willing to EVENTUALLY DEFAULT BY*

how much will YOU PERICULES
we acceopt ever increasing collusion..that bankers lend
ONLY TO REPY THE INTREST..on their last loan..

that we bear the inflating prices
as their bailout money looks for high,,EVER HIGHER/return..
in limited resources markets...with twenty second holding of trades

THAT DONT ADD VALUE
only increases the real market cost

its their super..thats going to get the haircut
and all they can do is giggle..like little girley girls[ladies excepted]

attacking the man..

not refuting the mess-age!
its so easy [to easy]..to have a closed mind