Video: "Carry Trade" = Record Debt Levels 1 Print E-mail
Contributed by Max Keiser   
Max Keiser
Max Keiser
In this first of two videos (12min 15sec), Max Keiser looks at the global asset bubble and the record levels of debt caused by "the carry trade".

Max Keiser examines the carry trade, a financial instrument that central bankers and politicians around the world are increasingly blaming for global asset bubbles. Asset bubbles, they say, are more likely to burst the bigger they get. Keiser travels to Iceland to demonstrate how this remarkable trade can enable a nation of less than 300,000 to buy up tens of billions of dollars in British assets.

"Financial markets around the world are booming across every class of assets from housing to art to stocks and shares, prices are hitting all time highs. Almost every week a new record is set for mergers and acquisitions or buyouts. So just where is all this money coming from? It's a financial trick called 'the carry trade'..."


Radical, genius, millionaire Max Keiser is founder of Karmabanque Index...,Karmabanque Radio..., and the Truth About Markets. Max Keiser created the Hollywood Stock Exchange and Kinooga.

 
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