Max Keiser | Financial War | Episode 883: Magical Fairy Dust’ economics - Keiser slams UK govt for ‘bribing, enslaving’ citizens (Banks have treated our housing market like a Ponzi scheme - Banking at international figures (statistics) Ratio of mortgage debt to GDP was 20% in 1980's in Australia, 95% of GDP in 2016. Total household incl credit cards etc. 125% of GDP - The Highest In The World- Only Country that comes close to Australia, is....==> DENMARK ( Denmark ratio for the second quarter of 2015 is 121.3%) ...England only 70% of GDP .. )

Published time: 4 Mar, 2016 17:43

Financial analyst and RT host Max Keiser has blasted the UK government’s housing policy, claiming those in power are showing contempt for the citizens and are engaging in ‘Magical Fairy Dust’ economics.

The ruling Conservative Party has come under increased scrutiny since Chancellor of the Exchequer George Osborne launched the ‘Help to buy: London’ scheme on February 1, 2016. The program sees taxpayers provide a low-interest loan for 40 percent of the deposit of a house for those who wish to buy in the super-expensive capital.

However, Keiser can’t fathom the logic behind the plan.....

Continue Reading at....https://www.rt.com/uk/334569-uk-property-keiser/