We discuss economic Jack and the Beanstalk style miracles that look a
whole lot like simple ponzi schemes that Lilliputian financial
journalists fail to report. In the second half of the show Max talks to Satyajit Das, author of Extreme Money,
about the European debt crisis, how much longer Germany can stay
solvent and whether German banks would have survived if the Irish
taxpayer had not bailed them out in the first place. Oh, and Max barks.
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