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Tsunami of bad debt is about to fall upon us

Posted By admin On July 16, 2013 @ 4:55 am In Money Watch | Comments Disabled

RT
July 16, 2013

In this episode of the Keiser Report, Max Keiser and Stacy Herbert discuss the market creatures with no apparent instinct for survival as they walk toward the frothy market despite all the signs of a debt tsunami about to hit. They also discuss when Goldman Shrugged after Thomson Reuters data was no longer available to high speed frontrunners. In the second half, Max talks to Jan Skoyles of The Real Asset Company about gold demand in China, the Shanghai Gold Exchange and smuggling Snowden in Venezuela’s gold delivery.


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URL to article: http://www.prisonplanet.com/tsunami-of-bad-debt-is-about-to-fall-upon-us.html

URLs in this post:

[1] Which country’s debt is 1000% of GDP?: http://www.prisonplanet.com/which-countrys-debt-is-1000-of-gdp.html

[2] The Financial Tsunami — the next big wave is breaking: Fannie Mae Freddie Mac and US mortgage debt: http://www.prisonplanet.com/the-financial-tsunami-the-next-big-wave-is-breaking-fannie-mae-freddie-mac-and-us-mortgage-debt.html

[3] China Should Buy Gold to Hedge Dollar Fall: Researcher: http://www.prisonplanet.com/china-should-buy-gold-to-hedge-dollar-fall-researcher.html

[4] Gold rises 5 percent on dollar fall, commods rally: http://www.prisonplanet.com/gold-rises-5-percent-on-dollar-fall-commods-rally.html

[5] Missionaries of Debt: ‘We help them to help themselves’: http://www.prisonplanet.com/missionaries-of-debt-we-help-them-to-help-themselves.html

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