Fracking Financial Crisis Lurking + IMF & Co Fed On Greece’s Corpse
Max and Stacy discuss the next financial crisis lurking around the corner, according to the NYTimes and how it was Keiser Report who first warned you seven years ago that the economics of fracking makes no sense . . . at least yet, not if one is seeking a return on an investment. Fracking may make sense on national security grounds and it certainly creates a whole load of holes in the ground as economists like Paul Krugman believe are good for the economy. In the second half, Max interviews Wolf Richter of WolfStreet.com about the meltdown in Argentina. As the country was able as recently as last year to sell a ‘century bond,’ what has happened that so suddenly the finances collapse.
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IMF & Co Fed On Greece’s Corpse
Max and Stacy discuss the lame stream media manufacturing consent on the big, fat success of the great Greek bond holder ‘bailout’ disaster. They also discuss the new NAFTA, same as the old. In the second half, Max interviews bitcoin analyst and enthusiast, Leah Wald, a former World Bank economist, on what bitcoin can do for developing countries.
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