Staff Writer, DL MullanEconomics / Real Estate
Bubble, bubble toil and trouble... is the King Joffrey Defense our think tank stance that the elite ruling class can do whatever they want because of the outmoded notion of Divine Right of Kings?
In this edition of the Keiser Report, Max Keiser and Stacy Herbert discuss this fascinating issue on how psychology and sociology are used to excuse the elites' bad behavior and how that negativity is transferred onto the people by blaming the loss of productivity on high wages, unions, and workers. Busting the housing market bubble in Australia like it was done here in America in order to bankrupt the country is the overall issue and problem from systemic excuse of Divine Right of the Elite. Can you say Affluenza?
Max Keiser and Stacy Herbert discuss the thousands of think tanks convincing populations to think of the King Joffrey Defense as a legitimate one when an elite murders innocent bystanders or financial markets. They also discuss the housing that is killing productivity in Australia and the UK, but policymakers in both countries are in love with their housing market captors. In the second half, Max and Simon Rose of Save Our Savers diagnose the UK economy with Münchausen Syndrome by Proxy, the Stockholm Syndrome & being trapped in the Matrix.