In this episode of the Keiser Report, Max and Stacy discuss the surge in share buybacks as corporations turn their Trump tax break into more income for shareholders now, meaning less investment in the future of the actual company. In the second half, Max continues his interview with Mish Shedlock of MishTalk.com about the credit cycle turning. They discuss the recent Bloomberg opinion piece arguing that ‘capitalism is not working.’ They also talk about 50 million empty homes in China and what that portends for the global economy.
Sunday, November 18, 2018
Keiser Report: Capitalism is not working?
This is quite a good episode. U.S. companies are busy buying back their shares while China companies are busy expanding their businesses, but the China housing bubble is about to bust, says Max Keiser. The U.S. elites have given up competing with China and have decided to just cannibalize the US. economy instead.
In this episode of the Keiser Report, Max and Stacy discuss the surge in share buybacks as corporations turn their Trump tax break into more income for shareholders now, meaning less investment in the future of the actual company. In the second half, Max continues his interview with Mish Shedlock of MishTalk.com about the credit cycle turning. They discuss the recent Bloomberg opinion piece arguing that ‘capitalism is not working.’ They also talk about 50 million empty homes in China and what that portends for the global economy.
In this episode of the Keiser Report, Max and Stacy discuss the surge in share buybacks as corporations turn their Trump tax break into more income for shareholders now, meaning less investment in the future of the actual company. In the second half, Max continues his interview with Mish Shedlock of MishTalk.com about the credit cycle turning. They discuss the recent Bloomberg opinion piece arguing that ‘capitalism is not working.’ They also talk about 50 million empty homes in China and what that portends for the global economy.
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What has capitalism to do with government privileges for private debt/credit creation? Yet the latter is the root cause of economic injustice, not the former.
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