on April 9, 2010, on Greek debt crisis and IMF.
Max Keiser is basically saying that the Greek sovereign debt crisis and the Euro currency tumble that ensued was "manufactured" so that the European Central Bank would be discredited and Euro wouldn't dethrone US dollar as world reserve currency. By who? The Federal Reserve, Wall Street banks, UK banks and Bank of England.
Keiser calls it "financial terrorism". He's urging Greek people to stand up and take back their sovereignty. [That would mean pulling out of the European Union.]
Commenting on Greece's upcoming short-term debt auction, he says the outcome of the auction has nothing to do with the market force. It has to do with whether the Greek government "gives up" and cedes control to IMF. If it does, the auction will go well, according to Keiser. It is 100% political, he says. Political operatives using market to impose economic and political dictatorship.
People should not be paying for bankers' mistakes, but people have been made to, all over the world. Thus the No-Pay Movement he mentions in the interview, which is from Matt Taibbi's article.
(Long time ago I wrote a term paper in Development Economics class in my B-school discussing IMF's role in developing countries. In it, I said IMF was a distortion and should be abolished. I got C.)