Staff Writer, DB HolmesFinance / Banking
Max Keiser and Stacy Herbert ask “is the Fed fueling bubbles?” An opinion piece in USA Today says: “No, this time it’s different (due to zero percent interest rates).” Another opinion piece from former academic-turned-fund manager John Hussman says there is a bubble and it’s matched only in size by the bubble leading to the 1929 Wall Street crash. In the second half, Max interviews Mitch Feierstein of PlanetPonzi.com about George Osborne’s ponzinomics and Janet Yellen’s bubbles. Mitch also has some charts! These charts show that equity markets in 2014 look a whole lot like the “recovery” and then second crash during the previous Great Depression.