The end of the petrodollar system? (E1514)
In this final episode of the Keiser Report from Los Angeles, Max and Stacy discuss the comment made by Roy Sebag of GoldMoney.com that the start of the oil price war by Saudi Arabia marks the end of the petrodollar system. In the second half, Max interviews Mitch Feierstein of PlanetPonzi.com to discuss how the Fed tried to taper a ponzi scheme and failed. With markets now being hit by extreme volatility, Feierstein forecasts what to look out for in global equity markets, as debt unwinds and panic sets in.
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