Keiser Report: The Speculation Game (E599)
In this episode of the Keiser Report, Max Keiser and Stacy Herbert discuss the warning from legendary stock market speculator, Jesse Livermore, that speculation is "not a game for the stupid, the mentally lazy, the person of inferior emotional balance, or the get-rich-quick adventurer. They will die poor." And, yet, speculation has become the economic model for a nation of stupid and mentally lazy speculator-taxpayers. They also discuss splat collateralized debt obligations and fracking Walden Pond to pay off our bad debts. In the second half, Max interviews Steve Keen, author of Debunking Economics, about housing bubbles, falling wages and why Mom & Pop investors are always wrong. WATCH all Keiser Report shows here: www.youtube.com/playlist?list=PL768A33676917AE90 (E1-E200) www.youtube.com/playlist?list=PLC3F29DDAA1BABFCF (E201-E400) www.youtube.com/playlist?list=PLPszygYHA9K2ZtV_1KphSugBB7iZqbFyz (E401-current) RT LIVE rt.com/on-air Subscribe to RT! www.youtube.com/subscription_center?add_user=RussiaToday Like us on Facebook www.facebook.com/RTnews Follow us on Twitter twitter.com/RT_com Follow us on Instagram instagram.com/rt Follow us on Google+ plus.google.com/+RT RT (Russia Today) is a global news network broadcasting from Moscow and Washington studios. RT is the first news channel to break the 1 billion YouTube views benchmark.
