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Wednesday, July 10, 2013

The Art of Debt Juggling

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Max Keiser

We discuss tipping points on the way to the Bondpocalypse, a time when flipping houses to greater fools will no longer be a viable retirement plan and incarcerating your fellow slightly annoying citizens for eternity will be far too much decadence to afford. In the second half, Max talks to Karl Denninger of about bonds, QE tapering and Wimpy from Popeye paying for a hamburger next Tuesday. Karl says that as any investor under 50 will only know a world of ever declining interest rates, they will have to adjust their thinking for this new period of ever rising or flat rates.

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