ECB, Tear Down That Wall!

Max and Stacy discuss the wall of bad debt on the ECB’s balance sheet that has caused inflation in Berlin rent prices which, in turn, has led to demands for the expropriation of property from large landlords. This follows the UN’s housing adviser accusing Blackstone Group of ‘wreaking havoc’ in communities and helping to fuel a global housing crisis. In the second half, Max interviews Rick Ackerman of RickAckerman.com about deflation, interest rates, and the US dollar.