Keiser Report: Bloodletting Among Retailers (E1044)

in #economy • 7 years ago (edited)


[Este episodio en Español] Fake banks, fake prices, fake market… All the omnious signs are there. But when can we expect the actual crash? Do we still have time to sail to the safe harbour of cryptocurrencies?



In this episode of the Keiser Report Max and Stacy discuss the tripling of the Chinese banking system and the last quarter sharp decline in the E.U., Japan’s and America’s bank assets signalling ‘financial crisis’ on the horizon?

Incoming Financial Tsunami

In the second half Max continues his interview with Wolf Richter of WolfStreet.com about the bloodletting among retailers and how long before the bankruptcies begin.

Wolf lives in San Francisco. He has over twenty years of C-level operations experience, including turnarounds and a VC-funded startup. He has a BA, MA, and MBA (UT at Austin).

In his prior life, he worked in Texas and Oklahoma, including a decade as General Manager and COO of a large Ford dealership and its subsidiaries. But one day, he quit and went to France for seven weeks to open himself up to new possibilities, which degenerated into a life-altering three-year journey across 100 countries on all continents, much of it overland, that almost swallowed him up.

You can find more of Wolf Richter at his blog Wolf Street.



#finance #business #bitcoin #freedom
7 years ago in #economy by
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