In this episode, Max Keiser and Stacy
Herbert discuss the water and fire signalling the arrival of the paper
apocalypse as ever more analysts warn of the debt and credit bubble as
governments put their faith in share traders who, a new study shows, are
more manipulative than psychopaths. In the second half, Max Keiser
talks to professor and economist, Steve Keen, about the fiscal cliff and
private sector deleveraging. They also discuss the possibility of a
currency collapse in Japan.