Max Keiser and Stacy Herbert discuss how wrong the minister for universities in the UK got his maths - so, so wrong. The tripling of student fees has, in fact, cost the government more in defaults than if the government had kept fees at £3000. They also discuss house prices earning more in a month than one of these university educated graduates earns in a two years. In the second half, Max puts lipstick on a pig with Mitch Feierstein, author of Planet Ponzi. They discuss the UK, Spanish and Chinese debt stories and what it would take Mitch to become bullish on the S&P.