Sunday, February 2, 2014

Keiser Report: Round Tripping Financial Crisis

From RT

Published on Feb 1, 2014

In this episode of the Keiser Report, Max Keiser and Stacy Herbert discuss accounting fraud as the new opium for China and how it is that we keep roundtripping to financial crisis because every time we get to tomorrow we've already spent it yesterday. The also discuss raining the marmite of fraud on a ten foot tall Janet Yellen.

In the second half, Max interviews Mitch Feierstein of PlanetPonzi.com about the unintended consequences of money printing, the China mirage where the GDP statistics are for 'reference purposes only' and about later this year when Greece will also 'roundtrip' its way to a 3% GDP growth mirage.