Pouring money into losing money (E1570)
In this episode of Keiser Report, Max and Stacy discuss the ongoing trend of pouring (stimulus) money into companies losing the most; 38% of the Russell 2000 listed companies are losing money, and those facing the biggest losses are gaining the most in stock price. In the second half, Max interviews whistleblower and financial educator Charlie Boyle about the young investors piling into bankrupt companies, and what that tells us about the state of the markets and the money-printing-induced hysteria.
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