Published on 13 Nov 2014
David Stockman, the outspoken former Reagan budget director and bestselling author of “The Great Deformation,” sits down with Hedgeye CEO Keith McCullough to discuss a number of important subjects in this wide-ranging interview including consequences of what the Fed is currently doing and why a global recession may be in store.
00:50 We Are In A Fantastic Bubble
2:21 The Most Important Price In Capitalism Is The Price of Money
4:37 Japan Panics…Is The Bubble Popping?
6:06 Trillions In Speculation And EM Debt = An Accident Waiting To Happen
7:49 China Is A House Of Cards And Europe Is Dead In The Water
9:16 Washington Will Say “We Didn’t See This Coming”
12:48 People Don’t Trust Financial Media
14:04 Consequences Of The Fed
16:01 Republicans Didn’t Understand The Real Enemy Was The Fed
17:13 Will Anyone Fire Yellen?
18:44 The Fed Has Been Inflating The Bubble
20:11 When The Bubble Bursts…
23:40 Critics Know That We Are Right
26:06 Will The Dogmatic Media Change?
27:13 A Crash Or A Generational Shift?