Episode 954
In this episode of the Keiser Report back in London, Max and Stacy ask whether, as Schrödinger's cat rules monetary and fiscal policy, could a collateralized Embassy Cat bond deliver the asset value the Bank of England needs? And, is the ECB financing M&A activity in the donut sector in order to prepare for the civil unrest they expect when their policies fail? In a real Schrödinger's cat moment, Stacy appears in the second half, too! They discuss low rates starting to wipe out pension funds and insurance funds and how the absence of capital expenditure (capex) in favor of share buybacks has, in turn, wiped out the real economy – as evidenced in the collapsing productivity numbers out of the United States.
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