Sunday, July 17, 2011

Prof. Steve Keen on Credit Rating Agencies

by on Jul 16, 2011

The Credit Rating agencies have helped cause this crisis by (a) being for profit organizations whose ratings are paid for by the sellers of financial instruments and (b) giving advice that might be useful in episodic events but which makes systemic crises worse.

Jim Rickards on Naked CDS & Gold

Jim Rickards discusses naked CDS and Gold with Eric King of King World News.......listen here