Jim Grant of Grant’s Interest Rate Observer hits the nail on the head regarding the LIBOR ‘scandal’ in this interview with Maria Bartiromo on CNBC.
PS. My view on the LIBOR ‘scandal’ can be read here.
Very good video. thank you. I missed it. I normally watch Bloomberg.
Yes, there is a tsunami in the financial markets on its way, but what can you do?
Personally I am lowering my commitments by lowering my debt. I see very high interest rates and hyperinflation coming soon.
Keep up die good work Chris.
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