Video 25min 56sec.  This week Max Keiser and co-host, Stacy Herbert, report on the scrap metal crimewave, shorting US treasuries and other signs of economic chaos.

In the second half of the show, Max talks to author and blogger, Cory Doctorow, about copyright extremists and about watching robots throw buildings at each other.

"There are no obligations for private citizens to bail out private bankers. That's the key point. The Icelandic people say, 'We're not going to bail out private bankers. As a matter of fact, they're looking for the private bankers to prosecute these private bankers, as they Should be, and found and prosecuted for committing acts of financial terrorism.

"Iceland put all the back stops to all the banks. In Ireland they put all the private debts on the public balance sheet and now the people are suffering austerity measures For No Reason, other than to satisfy corrupt bankers. There's no economic reason for it. There is no legitimate economic reason for Ireland to suffer any economic consequences for private banking shenanigans. The Icelandic people understand this. The told the private bankers fangu."

Video (1min 55sec): Ted Turner: "The opportunity of the future is gonna be in clean, renewable energy.

The whole world's gotta have it. Everybody's gotta have it. And everybody's gotta have it right now. And it's gonna require the greatest mobilization of resources and strength of will.

But there's gonna be vast fortunes made, because energy's on of the categories, and we need to completely rebuild the whole thing.

And we would have had to do it soon anyway because we're running out of fossil fuels. We're just movin' it up a little now..."

Capitalism Isn't Working

Video (5min 34sec): US Can Print As Much Money As It Wants!

That is according to Irina Kobrinskaya, from the Institute of World Economy and International Relations, and RTs political commentator Peter Lavelle.

"The Americans believe they can spend their way out of this.

The Chinese think the world should spend their way of of it.

 

Deleveraging Pushes Up the Dollar by John Browne, Euro Pacific Capital.

In view of the economic crisis facing the American and global markets, the recent strength of the U.S. dollar has confounded analysts.

After all, the global economic problems essentially emanate from the United States and one would assume that the collapse of our economy would drag our currency down. That has not, as yet, transpired. The explanation can be found in a financial concept known as deleveraging.