Max Keiser's curmudgeonly TV economics show: the Oracle

Lovable financial curmudgeon, goldbug, and activist Max Keiser has a new show on BBC Worldwide: The Oracle, in which he predicts the future outcomes of today's financial chaos. You might know Keiser from his startup, the Hollywood Stock Exchange, or from his wooly, profane and hilarious radio programme in London, Karmabanque. The first episode of The Oracle aired last night -- if you're out of broadcast range, try your local torrent tracker...
Back in 2006 Max Keiser predicted a global banking crisis triggered by subprime debt. Now, he's bringing his predictive powers to BBC World News in a series called the Oracle...
The Oracle with Max Keiser

On YouTube: 1, 2, 3 (Thanks, Sal!)

Older D20 flails

Discussion

Take a look at this

Max Keiser's web site Follow the Money. He seems to me to be a bit of a sensationalist.

Take a look at this

I often listen to Max & Stacy's I toil away as a techie on the trading floor of a forign investment bank most sensible people have never heard of.

From careful study of Max's rants I have learnt that I am a relativly insignificant cog in the vast, multinational asset-stripping shadow-banking system. Every program I write is actually hastening the extinction of the human-race.

That's a fun thought to take home this weekend - that is if we still have homes to go home to...

I first learned about the impending recession about 3 years ago when Max & Stacy began talking about strange things called "Securitized Sub-Prime Mortgage-backed securities" - at the time these were new to me. Could this financial nonsense really take-down the world's economy... it could, and did.

I also started buying gold... but not quite as soon as they reccomended. For the last three years Max & Stacy have been talking about the urgent need to accumulate non-fiat currency as a means of protection against the impending recession. Other finance shows dispense tens of stock-picks and tips a show. Max, by comparrison has been offering the exact same advice for as long as I can remember.

So, I'm a Max Keiser fan - I love his podcasts and I shall be watching his TV show.

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Calling Max Keiser a sensationalist is like calling bin Laden a "meanie".

(Okay, that's a bit harsh ... to bin Laden. Hah.)

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Well, I haven't had the chance to watch this excerpt yet, but because I found it fascinating (and it is much more relevant here than it is on a post four days ago that I had been considering adding it to), I present to you a story of the banking crisis and an executive who not only saw it coming but was questioning most of the CEOs that he met to explain to him how their instruments actually worked.

Here's the tagline from the article: "The era that defined Wall Street is finally, officially over. Michael Lewis, who chronicled its excess in Liar’s Poker, returns to his old haunt to figure out what went wrong." The book was published in 1989.

http://www.portfolio.com/news-markets/national-news/portfolio/2008/11/11/The-End-of-Wall-Streets-Boom

Take a look at this

Episode 1, without idents & breaks:
http://blip.tv/file/1651902

Take a look at this

New animation based on actual audi from The Oracle:

http://www.vimeo.com/3163610

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