Audio file: http://www.sendspace.com/file/drodhn
Watch video: http://youtu.be/Ob8Of755QyM
Tuesday, March 25, 2014
The Keiser Report No. 579, "UK Budget = Pig with Lipstick" -- 2014 Mar 25 TU
In this episode of The Keiser Report, Max and Stacy discuss how wrong the minister for universities in the UK got his maths so, so wrong. The tripling of student fees has, in fact, cost the government more in defaults than had the government kept fees at £3000. They also discuss house prices earning more in a month than one of these university educated graduates earns in a two years. In the second half, Max puts lipstick on a pig with Mitch Feierstein, author of Planet Ponzi. They discuss the UK, Spanish and Chinese debt stories and what it would take Mitch to become bullish on the S&P.