Episode 861

In this episode of the Keiser Report, Max Keiser and Stacy Herbert discuss the bonfire of the misallocated capital as everything from the S&P 500 to China’s Producer Price Index to South Africa’s rand signal a deflationary collapse. In the second half, Max interviews Lee Adler of WallStreetExaminer.com about distribution taking place in the stock market and why the IPO of Saudi Aramco could pull even more cash out of the economy.

Check Keiser Report website for more: http://www.maxkeiser.com/