In my interview with Steve Keen he spells out why continued asset price deflation means that the globe should not expect a recovery any time soon. He also talks about how you can't have inflation without wage-inflation, a point generally missed by most of the financial press.

Latvia should not pay back its loans to Sweden says renowned economist Dr. Michael Hudson. I interviewed him after reading his piece;

The Specter of Debt Revolt Is Haunting Europe: Why Iceland and Latvia Won't (and Can't) Pay for the Kleptocrats' Ripoffs

"World's major powers including China and Russia don't want to 'finance' American military adventures anymore." That's the view of Max Keiser, finance critic and former stockbroker. He says China and Russia are interested in collapsing the US economy by rejecting the dollar.

Stacy Herbert, my partner on MaxKeiser.com just posted this excellent comment regarding John L. Perry -- former staff member of the LBJ and Carter administration -- call for 'bloodless' coup in the US. Strikingly, the rhetoric is exactly what the US spews here at home to rally around coups in...

The website Mininova, one of the freedom fighters for free speech and innovation in the land of permissiveness, progressive politics and tolerance -- the Netherlands -- is getting harassed by a scared Dutch government kowtowing to the post 9-11 civil- and human-rights-infringing, copyright-cartel lobbyists in Washington and Hollywood.

The Dutch...

LONDON -- The British government says people who illegally download music and films could have their Internet connections cut off.

Treasury Minister Stephen Timms says the move would allow "swifter and more flexible measures" to clamp down on piracy. -- AP

Britain is completely on the wrong side of this...

One of the ongoing themes I explore on my weekly show ON THE EDGE is how debt slavery, i.e., penury, i.e., POS 'Plain Old Slavery' is making a comeback in America thanks to Wall St. banks (read: Goldman Sachs) keeping trillions in bailout money for themselves forcing the other 330...

The current spate of fraud on Wall St., and specifically the front-running and market manipulation scams being committed by Wall St. banks on the floor of the NYSE and other market making venues, is finally getting some coverage This would be good news if it weren't meaningless.

Some...

On my show this week ON THE EDGE I ask the question, should Goldman Sachs be prosecuted for human rights violations? I have been in touch with famed human rights attorney Geoffrey Robertson who has agreed to discuss this hypothetical case on my show. My initial thought is that...

There is no such thing as a 'naked credit default swap.' Trading something that has no cost basis whatsoever to another party who can't and won't take delivery of an imaginary financial fiction does not constitute a bona fide transaction. Buying and selling avatars on Second Life using...

(written with Stacy Herbert)

On May 26, 2004, a year after the invasion of Iraq, the New York Times issued an extraordinary apology for their failure in the lead up to the invasion of Iraq, The Times and Iraq

We have found a number of instances of coverage that...

In the lead up to the US elections less than a year ago, protesters gathered at the party conventions.

The police were waiting for them at the DNC convention in Denver:

(Photo by sonicquirtgun)

This is what we know: The fractional-reserve-banking-enabled, Fiat-currency-assisted credit derivatives bubble that grew 10 times larger than Earth's GDP has popped.

And the collapse of this greatest global Ponzi scheme since the South Sea Bubble has taken world markets with it. It has destroyed pension funds and wiped out...

The Wall Street Journal recently reported

Purchases of guns and ammunition are surging across the country. Nearly four million background checks -- a key measure of sales because they are required at the purchase of a gun from a federally licensed seller -- were performed in the first...

Financial rescue nears GDP as pledges total 12.8 trillion, reads the Bloomberg headline.

As I turn from the almost daily news of the $12.8 trillion worth of rescues of Wall Street to the relative non-response from the taxpayer, I am reminded of a story that a South African...

Obama met with banking industry 'titans,' as the Washington Post calls them.

Instead of handcuffing them and bringing them up on charges of fraud and racketeering, however, Obama asked the bankers politely to try to restrain themselves from spending their ill-gotten gains so conspicuously (isn't that what the...

Bond trader Cantor Fitzgerald issued a press release today announcing the coming release of Hollywood box office futures contracts.

Cantor Fitzgerald has filed an application with regulators to launch an exchange that will allow users to hedge and speculate on the financial performance of movies.

Cantor...

In April 2007, I traveled to Iceland to investigate what was then being called a "miracle economy." The Icelandic people had one of the highest incomes in the world and Icelandic banks and companies were buying up huge swathes of the British High Street. How was a nation of...

The economic and finance predictions I've made over the past few years featured in the films I made for Al Jazeera caught the attention of BBC World News.

"The Oracle with Max Keiser" is coming to BBC World News starting Jan. 9th. Fellow HuffPost blogger...

My latest blog at Intrade.

American voters are angry, according to the latest Gallup poll:

A USA Today/Gallup poll finds 53% of Americans describing themselves as "angry" about the financial crisis that has gripped the nation the past two weeks. Fewer Americans, but still a substantial 41%,...