Saturday, August 2, 2014

Keiser Report: America's Kleptocro-Oligarchy

Classic Max Keiser. Max interviews one of his best mates Mitch Feierstein

Published on Jul 31, 2014

In this episode of the Keiser Report, Max Keiser and Stacy Herbert ask “is the Fed fuelling bubbles?” An opinion piece in USAToday says, ‘no, this time it’s different (due to zero percent interest rates).’ Another opinion piece from former academic turned fund manager, John Hussman, says there IS a bubble and it’s matched only in size by the 1929 bubble. In the second half, Max interviews Mitch Feierstein of about George Osborne’s ponzinomics and Janet Yellen’s bubbles. Mitch also has some charts! These charts show that equity markets in 2014 look a whole lot like the ‘recovery’ and then second crash during the previous Great Depression.