Are speculators like the giant bond fund PIMCO trying to crash the Greek economy in order to make a quick pay day on the collapse of its bonds?
Max Keiser thinks so.
Is Max delusional?
Well, two months ago, he predicted that the Greece crisis was going to spread to all of Europe. This was at the same time financial "experts" stressed there was "no problem" and whatever problems Greece had would be "contained."
Score - Max:1 Media-approved experts:0
In the second video, Max talks about parallels between Iceland and Greece and the looming problem of "debt slavery" the citizens in these two countries face.
It's been proposed that the people of Greece sell parts of their territory and cultural treasures to pay back the banks.
Should the public pay for government corruption and financial industry fraud?
That's the multi-trillion dollar question.
Iceland's public has said no and Greece's citizens are in the streets.
In March, Max pointed out that in spite of their posturing Germany and France don't have the money to make good on all the bad paper the economy of the world has purchased from Goldman Sachs and friends.
This is not an "overseas" problem.
US citizens will be next to face the "debt slavery" issue. The only question is when.