Friday, 24 September 2010

Keiser Report – Markets! Finance! Bad Equilibrium!

Stacy Summary: We look at the scandals of Greenspan’s ‘gold warning;’ currency wars breaking out; the Veterans Administration’s verbal dealers with insurance brokers raking it in on dead soldiers and Carla Bruni’s hopes for raking it in after her husband’s (hopefully) one term. In the second half of the show, Max goes to New York to talk to Yves Smith of about her book, Econned, and about stability and instability in financial markets, structural imbalances,’bad equilibrium,’ trillions in derivatives and Che Guevara with machine gun interfering with Potemkin companies.

This is a good episode, dealing with the global economic crisis, currency wars and gold. If you have not watched a Keiser Report episode before please check this one out. Highly informative and hugely entertaining.

[Posted at the SpookyWeather blog, September 24th, 2010.]

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