In our age of misallocated capital, we’re again laboring under one of the biggest credit bubbles in human history.
Ten years after the great financial crisis, markets are again booming, but as are levels of debt and leverage. Is this a cause for concern or have policymakers fixed the fundamentals? Has complacency lead investors to take on greater risks or have they learnt the lessons of 2008? Is Brexit a blip as the Eurozone is actually in rude health? Or are the fault lines increasingly clear but papered over? As volatility returns to markets. We ask: what lies beneath the global economy? Joining us to work out what is really going on in the markets and the wider global economy, is investor, hedge fund manager and author of Planet Ponzi, Mitch Feierstein.
In this clip from our Meet the Renegade series, writer and Hedge Fund manager, Mitch Feierstein shares his views on the upcoming US presidential elections.