JCNoble: Hopefully the CBI and GOI will release the economic reforms and new currency so that the people of Iraq can finally get on with their lives.
Harambe: Reuters: At least 13 killed as Iraq resumes live gunfire against protesters https://reut.rs/2NlXMep
Keiser Report: Cash-Burn Machines (E1458)
Nov 5, 2019
Max and Stacy discuss the ‘cash-burn machines’ of the ‘everything bubble’, as Wolf Richter calls them. These bonfires of cash have been gobbling up hundreds of billions of dollars in investor capital looking for greater fools to come along and throw some of their capital into money-losing enterprises like the so-called ‘tech unicorns’ and loss-generating fracking operations. Max continues his conversation with David Morgan of the Morgan Report about de-dollarization, the importance of clearing global trade through the NY Fed, and whether or not gold miners are finally back in a bull market.