Published: 29 December 2018
Guests: Mitch Feierstein
A week before the 1929 crash, economists such as Irvine Fischer were commenting that the stock market was at a permanently high plateau and only heading higher. When the dust settled, an economic theory called “debt deflation” was developed – which ascribes financial crashes to the busting of a credit bubble.
In our age of misallocated capital, we’re again labouring under one of the biggest credit bubbles in human history.
But, although irrational exuberance has gripped the markets just like back in 1929, not everyone is buying that “it’s different this time…”
Host Ross Ashcroft is joined by the fund manager and author of Planet Ponzi, Mitch Feierstein.
Anna Brees and Des Freedman met up with host Ross Ashcroft to discuss how the mainstream media has managed to betray the trust of the people it should be serving.
To work out who really funds Terror Inc, Host Ross Ashcroft travelled to Kakanomics to talks to Carl Schiotz Wibye and Loretta Napoleoni.
Today, even after so many official lies when we speak about reasons to go to war it seems that there must be total public compliance.