1929 Repeat As Credit Bubble Collapses with Alasdair Macleod

Transcript

Uh there is a horrible similarity between today and 1929. Not just Smoot Holy Tariff Act too, but also we're on the top of a credit bubble. And if you don't understand a credit bubble, just look at the debt because that's the other side of the credit bubble. We are in a debt bubble. Of that there is absolutely no doubt. And furthermore, if I'm righ... Read More