Wall St For Main St

Jim Willie: Coming Oil Bust Bigger Than Sub Prime Collapse

Informações:

Sinopsis

Jason Burack of Wall St for Main St had on returning guest, editor of the Hat Trick Letter http://www.goldenjackass.com/, Jim Willie. Jim has been writing his newsletter about the global economy, gold, etc for over a decade and has had many successful predictions years in advance including predicting the 2008 collapse of US banks. During this hour+ long interview, Jason starts off by asking Jim if China is planning additional retaliation against the US after their couple of devaluations against the US Dollar for the RMB not being allowed into the SDR?Jim says the RMB will never be allowed into the SDR. Next, Jason asks Jim why do you think China, Russia and the BRICs haven't pulled the plug yet and what steps do you think need to be taken before they do it?Jim says China is currently dumping massive amounts of US Treasuries and they are requiring the RMB for trade settlement. Next, Jason asks Jim about why the oil price is falling and if the Saudis or OPEC hired Wall St to intentionally short the paper oil ma