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RT Front Running July 13, 2024

63000000000. 00 in just 2005 joining us to discuss this dr Michael Hudson professor steve kean and randy roller professor steve keen of course you talk a lot about debt and in fact increase the rate of increase of debt what do you think of that number 363000000000. 00 in outstanding Student Loans in 20051. 6 trillion today doubling every 2 years which is a huge right of growth that simply cant be sustained indefinitely and thats whether by the students themselves coming on board well by the windows its a huge increase in the private debt load on the economy and its falling on the people who are in the least money and its setting them out for being on a able to participate in the rest of the economy life which is also driven by did so i think is one form of it is going to basically a. Student debt is going to make it impossible to keep posting
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RT Front Running July 13, 2024

It impossible to keep posting household that so the Financial Sector is eating itself im so old i remember the 2008 financial crisis and if you recall the sub prime debt bubble up and we have this global meltdown the student debt is already bigger than the subprime debt bubble. That was about an on trillion dollars when you look at it went from 6. 00 to 9. 00 on trillion between about 22000. 00 and fog so were not talking the same sky loving christian debt were talking they did go on turning in income and then when they graduate theyre graduating move off what about 100000. 00 u. S. Dollars is a level of debt the average is 30000. 00 and in fact its non dischargeable prior to the what happened with the subprime crisis was people could do the jingle mail and walk away students can never walk away from this almost all of it is essentially owed to the government so the government owns you anyway and you cant escape it you cant just ....

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RT Keiser Report July 13, 2024

With us now because reports both discussing one buffets 128000000000 dollars cash pile but if youre watching us in the u. K. More Financial News with the boom box. I am max kaiser this is the kaiser report did you know that there is a growing global helium shortage thats right the world is running out of helium you noticed on running out of paper money right stacy indeed youre not but you know what you need the helium because of all the paper money all the printing of money because helium is not only are the stock prices and everything going up up up like its an a helium balloon but you need the helium balloon for the celebrations everybody celebrating President Trump while weve been here in new york or right now where in brooklyn and hes tweeted stock market is record how i spend your money well you would think that hes inhaling helium and so are the various stocks that mak ....

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RT Keiser Report July 13, 2024

Like its an a helium balloon but you need the helium balloon for the celebrations everybody celebrating President Trump while weve been here in new york or right now were in brooklyn and hes tweeted stock market is record how i spend your money well you would think that hes an ailing helio and so are the various stocks that make up the s. And p. 500. 00 and dow jones average but when you scratch the surface you find that theres nasty accounting fraud going on and all kinds of wall street derivatives tricks this is a real or just a fake ileum high exactly so stock markets hit all time high. And we know as we were covering a here the fed continues to intervene up to 250000000000. 00 a day and the repo market so is there disaster or is there not why or why is this wall street class right across the river here why are they so coddled why are they such big babies there was actually a banker by the way on the news recently leon cooperm ....

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RT Keiser Report July 13, 2024

Theres nasty accounting fraud going on and all kinds of wall street derivatives tricks this is a real or just a fake ileum high exactly so stock markets hit all time high. And we know as we were covering a here the fed continues to intervene up to 250000000000. 00 a day and the repo market so is there disaster or is there not why or why is this wall street class right across the river here why are they so coddled why are they such big babies there was actually a banker by the way on the news recently on kuperman he literally started crying on television because of Elizabeth Warren coming after his money. Losing. Money because the billions of the stuff that goes up in the when she did this is who this guy is i would say discrete to the male gender hes a disgrace to wall street is a disgrace as an american so here we have a situation whereby the Federal Reserve bank of new y ....

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