icon bookmark-bicon bookmarkicon cameraicon checkicon chevron downicon chevron lefticon chevron righticon chevron upicon closeicon v-compressicon downloadicon editicon v-expandicon fbicon fileicon filtericon flag ruicon full chevron downicon full chevron lefticon full chevron righticon full chevron upicon gpicon insicon mailicon moveicon-musicicon mutedicon nomutedicon okicon v-pauseicon v-playicon searchicon shareicon sign inicon sign upicon stepbackicon stepforicon swipe downicon tagicon tagsicon tgicon trashicon twicon vkicon yticon wticon fm

US could fall like the Medici dynasty – RT’s Keiser Report

US could fall like the Medici dynasty – RT’s Keiser Report
Max Keiser and Stacy Herbert look into whether the United States has entered the vicious ‘Medici cycle’, where money is used to get political power and political power is used to make money.

Max and Stacy refer to the work of finance professor at the University Of Chicago Booth School Of Business, Luigi Zingales. The economist in his work recollects Italy of 13th to 16th century, where rich and powerful families ran the city-states with their own commercial interests as the main objective.

Modern America can be compared to the example in Zingales’ work, according to Keiser and Herbert, and may face the same downfall as the House of Medici.

Dear readers and commenters,

We have implemented a new engine for our comment section. We hope the transition goes smoothly for all of you. Unfortunately, the comments made before the change have been lost due to a technical problem. We are working on restoring them, and hoping to see you fill up the comment section with new ones. You should still be able to log in to comment using your social-media profiles, but if you signed up under an RT profile before, you are invited to create a new profile with the new commenting system.

Sorry for the inconvenience, and looking forward to your future comments,

RT Team.