Episode 625
Published 10 Jul, 2014 06:56 | Updated 10 Jul, 2014 06:56Max Keiser and Stacy Herbert discuss the fact that when falling off a cliff, it is only the last few feet that hurt. They apply this to the collapsing US economy where they’re going to fake manufacturing till they one day make it, but Max suggests that, just as you cannot taper a Ponzi scheme, you cannot recalculate your way out of economic collapse. In the second half, Max interviews a former CIA case officer and co-creator of the Marine Corps Intelligence Center, Robert David Steele, who has authored a new book, ‘The Open Source Everything Manifesto: Transparency, Truth and Trust’. They discuss anarchy, panarchy, true cost economics and Max asks whether crowd-sourced answers to national intelligence questions will be met with a military-style response similar to what happened to Kim Dotcom.