|Page (1) of 1 - 11/14/12||email article||print page|
Baltimore, MD (PRWEB) November 14, 2012
Last week, the Stansberry Radio Network hosted Tom Woods a prominent libertarian and Senior Fellow of the Ludwig von Mises Institute on the increasingly popular radio program Stansberry Radio. Woods and host Porter Stansberry spoke openly about the crisis in the American economy specifically the current debt crisis as well as the economic crisis of 2008 and how, in Stanberrys opinion, the American people have been poorly served by its leaders. Stansberry questioned Woods to give his perspective on the timing of when there would be some sense of reality to hit the bond market. Woods stated it was his belief Americans would see signs of a collapse within the next ten years. You can listen to the entire interview here: http://www.stansberryradio.com/Porter-Stansberry/Latest-Episodes/Episode/124/Ep-47-Preparing-for-the-Next-Bubble
Woods is currently working on the production of a new documentary, The Bubble, which portrays financial industry experts who foretold the economic bubble collapse in 2008. The documentary is due for release early next year.
During the interview, Stansberry and Woods discussed some of the defining situations during the 2008 fallout. Referencing the bailout of General Motors, Stansberry said, It was the best pretend and extend deal of the sovereign crisis, period.