In this episode of the Keiser Report, Max Keiser and Stacy Herbert
behold the Sacred Dow, worshipped by economists and analysts around the
world and to which whole economies and jobs have been sacrificed to keep
it rising. They compare the Japanese bond market to Fukushima. Markets
have become so distorted by manipulation, they argue that like godzilla,
one day the market will go where it needs to go and it will smash down
buildings and economies with it.
In the second half, Max talks to John
Butler of Amphora about confusing price signals caused by market
manipulating central bankers and the misallocation of capital this
encourages. They also talk about Japan's economy, Krugman's bond
allegations and Mrs. Watanabe's gold shopping spree.