21 Aug 2014

Economy Crapification - Max Keiser and Stacy Herbert with Jim Rickards

Max Keiser and Stacy Herbert imagine a 3-D printed lawyer glut and bankers having their way with subprime mortgage bonds and then dumping them on unsuspecting pension funds.
In the second half, Max interviews Jim Rickards, author of Currency Wars and the Death of Money, about the financial environment looking a whole lot like 1987 when markets tumbled by 22% in a day. They also discuss whether San Diego leveraging up on risk or Japan running out of steam could be the trigger for the big sell-off.