| Video: "Carry Trade" = Record Debt Levels 2 |
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| Contributed by Max Keiser | |
 Max Keiser in Iceland "Welcome back. The International Carry Trade speculators borrow money in countries with low interest rates and invest it in high interest rate countries. Recently many have warned that this trade could destabilize the global financial system, including People & Power's Max Keiser." "So..., we're in a world in which speculators are making money by borrowing virtually free money from Japan or Switzerland and investing it in markets, assets, and currencies around the globe. And the man on the street is quote unquote "getting rich" from the asset bubbles caused by all this borrowing? Asset prices have never been higher, but debt loads have never been even higher still." This video tells a bit about how that works.
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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