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Capitalism without capital (E1488)

In this episode of the Keiser Report, Max and Stacy look at an article from John Authers which basically concurs with Max’s long held thesis that ‘you can’t have capitalism without capital.’ In Authers’ piece, he notes that 40% of the S&P 500 are companies with negative tangible book value. In the second half, Max talks to Tone Vays of Unconfiscatable.com about his reservations over the bitcoin bull market, believing a big pullback is still on the cards before prices can move to a new all-time high.

Check Keiser Report website for more: https://www.keiserreport.com/

Podcast: https://soundcloud.com/rttv/sets/keiser-report-new

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