Episode 690

Max Keiser and Stacy Herbert discuss the motto of the modern financial markets: ‘My word is my bond, but my bond is your problem’. As the yield-chasers have piled into the junk bond market in the past few years of ZIRP, this could spell big trouble for the fracking sector as oil prices plunge. In the second half, Max chats to the CEO of Bitpay.com, Stephen Pair. They discuss Foxtrot - a project that hopes to do for networks what bitcoin did for currency - and also about the latest in bitcoin, internet 2.0 and regulations.