Many other countries are teetering on the same brink Greece is now falling off of. When they fail, the ripple effect their debt defaults will debilitate their creditor nations, causing a massive shrinking of the world economy. The key takeaway

In the not too distant future kids will ask their parents, why is that man smiling? @stacyherbert pic.twitter.com/6duwbg6tjy — The People’s Front (@PplsFrnt) July 12, 2015

We discuss Grexits, glitches and equity disasters as the times in which we live get interesting. In the second half Max interviews Ben Dyson of Positive Money about the role of the European Monetary Union in the Greek economic disaster.

On the surface, everything still looks remarkably stable in the core industrial economies. The stock markets in Japan, Germany and the U.S. are only a few percentage points off their highs, and we’re constantly assured that inflation no longer exists

Download show here For more download & listening options, visit Archive dot org This is last week’s show; will upload today’s in a few hours.

Expanding the encrypted domain via encrypted communications and currencies is the global struggle all activists must embrace wholeheartedly.
— Max Keiser (@maxkeiser) July 11, 2015

BUSINESS INSIDER: What was your immediate reaction to Cameron’s proposals? Bruce Schneier: My immediate reaction was disbelief, followed by confusion and despair. When I first read about Cameron’s remarks, I was convinced he had no idea what he was really proposing.

Bail-Ins Coming To Greece and Indebted Western Nations – Question Is When? – Governments move toward ever greater financial repression – Repression includes suppression of rates, capital controls, outlawing of cash and bail-ins – Finance ministers discuss cashless society, giving

Banks create money when they make loans. Greece could restore the liquidity desperately needed by its banks and its economy by nationalizing the banks and issuing digital loans backed by government guarantees to its ailing businesses. Greece could provide an

Kill zones define a point of high liquidity in a market. They have traditionally been used in forex trading but considering that bitcoin is traded 24/7 365 days a year, it is also very relevant in this market. There are

Govt can’t be allowed to profit from forfeiture & suppress defenses by calling residents of other countries fugitives http://t.co/yKz3vivo9w — Kim Dotcom (@KimDotcom) July 9, 2015

Only in America could it been seen as acceptable for the man most directly responsible for causing young veterans their wounds, to turn around and charge $100,000 to speak in front of a charity for those same veterans. While one could argue

Debt Resistance UK (DRUK) are initiating a local authority debt audit campaign to demonstrate how the framework of local government finance has been co-opted to work in the interests of private banks, and not in the interests of taxpaying citizens