Juggling Dynamite

Black Swan author Nassim Taleb talks to the BBC on the economic genocide of current policies where taxpayers backstop risk takers. It is not that JP Morgan recently had bad luck, the reckless habits of levered risk seeking have always been doomed to self-destruct. If the real economy is ever to recover, we must cut the open credit lines from governments to investment banks. A civil society cannot afford this sadistic approach to continue.

Here is the direct link.

I sat down with Kerry Lutz at the NY Hard Assets conference discussing recent trends, risks and opportunities in world markets. Here is a direct link.

Danielle was a guest today with Phil Mackesy of Talk Digital Network discussing recent developments in the world economy and markets. You can listen to a audio clip here.