I made another appearance on the Max Keiser Show which aired yesterday in Europe. My interview starts at 14:30 in the video, which you can see here [4]. A topic drill down of what was discussed in this episode will be posted throughout the day, starting now:
Yes, there is a US Treasury Ponzi scheme [5] as afforded by the Federal Reserve in an era of what seems to be perpetual ZIRP...
But wait a minute, isn't ZIRP actually killing the banks slowly but surely? If so, why has the sell side been so bullish on ZIRP in for the banking industry???