Not your settlements layer, not your money (E1490)
In this episode of the Keiser Report, Max and Stacy look at the latest threat to cut a nation off from the USD-based financial grid. This time – in a tweet, of course – Donald Trump threatens to cut Iraq off from their oil revenue held at the NY Fed. They ask if this is the 'howl of a dying empire.' In the second half, Max talks to Egon von Greyerz of GoldSwitzerland.com about the decade of fantasy which has just passed and whether or not that illusion will be shattered in the decade ahead. As stock markets continue hitting all-time highs almost daily, they wonder how long markets can stay irrationally pumped up by the Fed.
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