Episode 1088

‘Things to come’ in the financialized economy is on the agenda for Max and Stacy in this episode, and they also ask whether or not James Howard Kunstler is right in his prediction that “the financialized economy is entering its moment of final catastrophic phase-change.” Max also interviews lawyer and filmmaker John Titus, of All the Plenary’s Men, about the not-so-secret and yet little-discussed Financial Stability Board authority over sovereign powers to regulate banks. Titus highlights the case of HSBC and the threat made by George Osborne to the Obama administration’s Department of Justice.

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