Juggling Dynamite

Jim Rogers says the country’s hefty debt load will make the coming recession worse than the 2008 downturn. The Fed is only making the situation worse. Here is a direct link.

The Dutch government falls, France is in flux, Spain, Italy, Portugal, Greece, Japan and the UK fall back into recession. Fallout from austerity measures are prompting new concerns about the weight on eurozone economies.

Good discussion with Desmond Lachman, resident fellow, American Enterprise Institute, Simon Johnson, professor of entrepreneurship at MIT’s Sloan School of Management, a senior fellow of the Peterson Institute for International Economics and author of “White House Burning: The Founding Fathers, Our National Debt, and Why It Matters To You” and David Smick global macroeconomic advisor, founder and editor of The International Economy magazine and author of “The World Is Curved: Hidden Dangers to the Global Economy”.   Here is the audio link.

I did my bi-weekly spot with Kerry Lutz out of Greenwich this afternoon. You can listen to the audio here.