On Nov. 16, the G20 will implement a new policy that makes bank deposits on par with paper investments, subjecting account holders to declines that one might experience from holding a stock or other security when the next financial banking crisis occurs.
Additionally, all member nations of the G20 will immediately submit and pass legislation that will fulfill this program, creating a new paradigm where banks no longer recognize your deposits as money, but as liabilities and securitized capital owned and controlled by the bank or institution.
Max Keiser and Stacy Herbert discuss how fools and their money are soon parted whether shale oil investors losing $1.17 for every dollar gained or housing market participants who seek to help people onto the so-called ‘property ladder’ and yet, by lowering standards, increase risk of total financial loss.
In the second half Max interviews Dominic Frisby, author of “Bitcoin: The Future of Money?” about the hunt for Satoshi, the importance of bitcoin and the future of money. Max Keiser
We discuss life imitating art as markets, economies and populations transforming into Kafkaesque giant vermin unrecognisable to the men and women we once were.
Whether the man zombified by his iPad or the income distribution pie chart grotesquely distorted, some have grown used to this new ugly reality; whilst others wish the system will die so progress can return.
We discuss the house price riots in Hong Kong which could be the trigger for the next Minsky moment in the global financial ponzi scheme. We also discuss the Conservative Party in the UK pushing young people into the debt pyramid by offering a 20% ‘discount’ on property and penalizing young people who don’t go into debt in order to go to university but who choose to work instead. In the second half, Max interviews Susanne Tarkowski Tempelhof, founder and CEO of BitNation (where the motto is ‘Blockchains, Not Borders)’ about sovereignty, love and divorce on the blockchain. Max Keiser
Putin kicked out the Rothschild bankers from his country . Putin interrupted the [Rothschild] US Government heroin trade supply routes out of Afghanistan. The elite banking chambers wish to remove Putin and to suppress Russia, but the sprawling nation is joined at the hip with China.
Thus Russia cannot be isolated any more than a bear can be bear hugged. The nation spans 12 time zones and is a top supplier of numerous important commodities. The Russia & China bond is growing and will result in a marriage, the consummation being a baby called the Gold Trade Standard.
Just 13 days before Julian and Alita Knott were found dead in their home, another highly skilled technology worker at JPMorgan died suddenly. This death has not previously been reported by the media. Richard Gravino, age 49, was an Application Development Team Lead for JPMorgan in Tampa, Florida. His death occurred on June 24, 2014 at his home in Riverview, Florida. The Hillsborough County Medical Examiner’s office said the cause of death is “pending” with toxicology tests not expected back for 8 to 12 weeks.
Gravino had an extensive and accomplished career in the computer technology field. Previous employers included Motorola and HSBC bank where he was a Senior Technical Consultant.
In the month prior to Gravino’s death, on May 7, 2014, Thomas James Schenkman, age 42, died suddenly in Connecticut. (Schenkman’s death has not
previously been reported by major media.) Schenkman held the high rank of Managing Director of Global Infrastructure Engineering for JPMorgan Chase and had a highly marketable resume. Schenkman began his technology career with Microsoft, where he worked for 11 years. He moved on to Goldman Sachs in 2000 and worked there for six years. In 2006, Schenkman moved to Bear Stearns and was there at the time of its collapse in March 2008. Schenkman had been with JPMorgan for the past six years.
According to the Office of the Chief Medical Examiner in Connecticut, which only gets involved in an investigation if the death is “sudden, unexpected, or violent,” the initial cause of Schenkman’s death was listed as “pending.” It has since been amended to read: “atherosclerotic coronary artery disease.”
This Chief Medical Examiner’s office is the same one that investigated the death of JPMorgan Executive Director, Ryan Crane, age 37, who died suddenly at his home in Stamford, Connecticut on February 3, 2014. The Medical Examiner did not release the cause of death for approximately three months, finally assigning it to ethanol toxicity/accident. Crane was not directly engaged in computer technology but his work in algorithmic trading may have led him to interact with various technology teams at JPMorgan.