Capital Account gets cancelled even after producer smugly says my ratings suck. The trillion dollar platinum coin really is creating money out of thin air. So’s your 0 bill. The debt clock? What about the asset clock? It makes the debt look silly.
Steve Keen explains his debate with New York Times syndicated columnist and Nobel Laureate Paul Krugman on RT’s Capital Account as he sees it. If you liked this, subscribe above to yonseienglish. RT Capital Account, Platinum Coin and the Debt Clock
Steve Keen explains his debate with New York Times syndicated columnist and Nobel Laureate Paul Krugman on RT’s Capital Account as he sees it. If you liked this, subscribe above to yonseienglish.
Follow us @ twitter.com twitter.com Welcome to Capital Account! The internet has been abuzz over the blogosphere boxing match between Nobel Laureate and New York Times columnist Paul Krugman and debunker of economic conventional wisdom and superhero economist, Steve Keen. Remember that game “Mike Tyson’s Punch Out?” Well, let’s just say that Steve Keen gave Paul Krugman one upper-cut too many for the establishment intellectual to handle. Krugman declared victory and walked away before he could be dealt any more blows to his economic ego — not before Krugman could land one more low blow though…we’ll break it down! And a too big to fail bank agrees to pay 20 million bucks to settle allegations from regulators that it mishandled customer funds before a major broker’s collapse, but the details may surprise you. If you guessed JP Morgan, then you got half of the story right, but if you guessed the broker was MF Global, well, we have news for you: it’s Lehman Brothers. That’s right, JPMorgan Chase agreed to pay a m fine to settle allegations that the bank mishandled Lehman Brothers’ customer funds for roughly two years before the broker filed for bankruptcy court protection. The Commodity Futures Trading Commission alleged that JPMorgan, at the request of Lehman, began using customer funds in November 2006 to calculate how much credit it would extend to Lehman Brothers intraday, in violation of customer segregation account rules. And last Friday we exposed the myth of the …
