The Keiser Report No. 445, "Sacred Dow" -- 2013 May 16 TH

This time Max and Stacy behold the Sacred Dow, worshiped by economists and analysts around the world and to which whole economies and jobs have been sacrificed to keep it rising. They compare the Japanese bond market to Fukushima. Markets have become so distorted by manipulation, they argue that like godzilla, one day the market will go where it needs to go and it will smash down buildings and economies with it. In the second half, Max talks to John Butler of Amphora about confusing price signals caused by market manipulating central bankers and the misallocation of capital this encourages. They also talk about Japan's economy, Krugman's bond allegations and Mrs. Watanabe's gold shopping spree.

Audio file link: http://www.sendspace.com/file/hips88

You can watch the video online at: http://youtu.be/L9ZiusA9AxE