Episode 323
Published time: 4 Aug, 2012 01:30 Edited time: 7 Aug, 2012 13:21
In this episode, Max Keiser and Stacy Herbert discuss artificial superstition, increasing the inflation target to 100% and putting too-big-to-fail banks on suicide watch. Also up for discussion is HSBC’s mishandling of the sale of interest rate swaps, and drug cartel money laundering. In the second half, Max interviews author and blogger James Howard Kunstler of Kunstler.com about walking on coal, and how Paul Krugman’s magical thinking is like waiting for Santa Claus.