Friday, August 22, 2014

Keiser Report: Economy Crapification with Jim Rickards

From RT

Published on Aug 21, 2014

In this episode of the Keiser Report, Max Keiser and Stacy Herbert imagine a 3-D printed lawyer glut and bankers having their way with subprime mortgage bonds and then dumping them on unsuspecting pension funds.

In the second half, Max interviews Jim Rickards, author of Currency Wars and the Death of Money, about the financial environment looking a whole lot like 1987 when markets tumbled by 22% in a day. They also discuss whether San Diego leveraging up on risk or Japan running out of steam could be the trigger for the big sell-off.