Moths To Economic Flames

Max Keiser and Stacy Herbert discuss moths to the flame as corporations, individuals and whole nations self-liquidate on the pyre of bad debts. They look at the incredibly shrinking benefits of massive Japanese money printing and also at the proposal that Western oil giants self-liquidate as the best means of deploying their capital in a newly free oil market where the marginal producer once again sets the price.
In the second half, Max interviews economics writer and researcher, Chris Martenson of PeakProsperity.com, about his new book, Prosper: How to Prepare for the Future and Create a World Worth Inheriting. They define ‘prosperity’ and name the best ways to create it for yourself, despite any global trends working against it.