Keiser Report: The Credit Cycle Turns
In this episode of the Keiser Report, Max and Stacy look at the ever rising amount of interest the #US is paying on its massive pile of #debt. Despite the 30-year decline in interest rates, the debt has been climbing almost exponentially faster with the latest budget deficit swelling by nearly a trillion dollars. Where does it end? In the second half, Max interviews Alasdair Macleod of GoldMoney.com about the credit cycle turning and what this means for debtor nations like the United States.