Junk: Didn’t think they’d go there (E1527)
In this episode of the Keiser Report, Max and Stacy look at how the US Federal Reserve Bank is now buying junk bonds in order to bail out private equity and hedge funds who have — once again — made a whole bunch of bad bets. In the second half, Max interviews Mark Yusko of Morgan Creek Capital about the money printing from central banks in the face of pandemic and what lies ahead for the world economies, as entire industries are shutting down.
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