Daily Archives: August 1, 2014

The investment banker magicians and political manglers have been up to their usual handiwork in South America (as they have all over planet earth), pretending and extending, prestidigitating debt into “assets” and hiding toxic levels of debt “off book”. Except … Continue reading →

Jim Chanos, President and founder of Kynikos Associates on China, Japan and the cost of credit bubbles. Here is a direct video link.