In this episode, we look at the scandals of financial wiseguys that ‘know nothing,’ including famed ‘value investor,’ Warren Buffett who says he knows nothing about his investments and nothing about how ratings contributed to the housing bubble. In the second half of the show, Max interviews economist Michael Hudson about the Latvian economy and real liberal economics.
Easy to understand financial news is essential. When disaster strikes it's good to have warning. This is perhaps the best financial news bulletin available on the Internet. Pay attention !
[Posted at the SpookyWeather blog, June 10th, 2010.]