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Steve Keen – KeiserReport: pt2, Prof Steve Keen on house price collapse, and QE robbery

Summary:
At 8:30 Steve Keen marvels at what the Chinese have achieved in 30 years. He says their society is liberal with an authoritarian government in the background, but it is more responsive to people's' needs than our 'democratic' governments are. With its mix of private and public banks, China has achieved a lot. [embedded content]

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At 8:30 Steve Keen marvels at what the Chinese have achieved in 30 years. He says their society is liberal with an authoritarian government in the background, but it is more responsive to people's' needs than our 'democratic' governments are. With its mix of private and public banks, China has achieved a lot.

Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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