Economic ghouls and predators (E1498)
In this episode of Keiser Report, Max and Stacy look at the ghouls and apex predators at the top of the global financial system, in which the predators alone are given free rein by regulators to plunder, remove competition and generally act immorally. Goldman Sachs has warned in a note to clients that curing diseases can be an unprofitable business, while an interview on global television saw US Secretary of Commerce Wilbur Ross looking on the bright side of pandemic in China – it could bring jobs back to America! In the second half of the program, Max interviews David Morgan of TheMorganReport.com about his thoughts on the silver, equity and bond markets. They also discuss Boeing, and the role of financialization in all but destroying a once-great engineering company.
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