krugman who explain why the stock market is so high right now because it's a miracle it's the miracle economy in obama's economy right here going back to two thousand and seven when we were in iceland here is what the teenager who had just graduated from high school which is why they dress like they are this is what they had to say and what you're going to be judged on. is that right how is not possible you only have three hundred thousand people that's going . to. that all those nails corrupt the children you know they get the children of buy into the mythology and they're the ones that are sent off to wars to to die for the broken myth of mythologies or to buy into economic mythology and of course paul krugman is a witch doctor when shrunken heads are surrounding him in a necklace of old economist studies destroyed any bases his entire thinking on the methodology and philosophy grounded in which doctoring. i want to also point out that after the collapse of iceland up to iceland went michael lewis vanity fair he wrote a piece and it got a lot of attention that the icelandic people s

again so people say you know all those zero percent interest rates didn't produce any inflation so says paul krugman and yet the inflation is on the balance sheet of the central banks that have been buying government bonds to create the illusion of economic growth and now we're headed for and massive sovereign bomb collapse the biggest collapse in history bigger than the tulip bulb collapse bigger than the south sea bubble collapse bigger than the mississippi company collapse bigger than the nasdaq or nikkei collapse the biggest the mother of all collapses but. they also point out that investors are not being rewarded for their risk they're taking so they don't seem to understand how much risk they're taking for example yields on mortgage bonds have fallen to the lowest level ever recorded spread some corporate debt have narrowed to the way for thin margins of two thousand and seven even though default rates are currently three times higher than they were then for junk bonds at twice as high for investment grade companies but this is the genius of this particular central bank enabled bubble

again so people say you know all those zero percent interest rates didn't produce any inflation so says paul krugman and yet the inflation is on the balance sheet of the central banks that have been buying government bonds to create the illusion of economic growth and now we're headed for and massive sovereign bond collapse the biggest collapse in history bigger than the tulip bulb collapse bigger than the south sea bubble collapse bigger than the mississippi company collapse bigger than the nasdaq or nikkei collapse the biggest the mother of all collapses. and they also point out that investors are not being rewarded for their risk they're taking so they don't seem to understand how much risk they're taking for example yields on mortgage bonds have fallen to the lowest level ever recorded spread some corporate debt have narrowed to the way for thin margins of two thousand and seven even though default rates are currently three times higher than they were then for junk bonds and twice as high for investment grade companies but this is the genius of this particular central bank enabled bubble

krugman who explain why the stock market is so high right now because it's a miracle it's a miracle economy in obama's economy right here going back to two thousand and seven when we were in iceland here is what the teenager who had just graduated from high school which is why they dress like they are this is what they had to say and what you're going to be. right how is it possible you only have three hundred thousand people that's going. that all those nails corrupt the children you know they get the children of buy into the mythology and they're the ones that are sent off to wars to to die for the broken myth of mythologies or to buy into economic mythology and of course paul krugman is a witch doctor with shrunken heads are surrounding him in a necklace of old economist studies destroyed any bases his entire thinking on the methodology and philosophy grounded in which doctoring. i want to also point out that after the collapse of iceland up to iceland when michael lewis of vanity fair he wrote a piece and it got a lot of attention that the icelandic people some of them believe i

krugman who explain why the stock market is so high right now because it's a miracle it's a miracle economy in obama's economy right here going back to two thousand and seven when we were in iceland here is what the teenager who had just graduated from high school which is why they dress like they are this is what they had to say and what you're going to. write how is not possible you only have three hundred thousand people it's. that all those nails corrupting children you know they get the children to buy into the mythology and they're the ones that are sent off to wars to to die for the broken myth of mythologies or to buy into economic mythology and of course paul krugman is a witch doctor with shrunken heads are surrounding him in a necklace of old economist studies destroyed any bases his entire thinking on the methodology and philosophy grounded in which doctoring. i want to also point out that after the collapse of iceland up to iceland when michael lewis of vanity fair he wrote a piece and it got a lot of attention that the icelandic people some of them believe in something

krugman who explain why the stock market is so high right now because it's a miracle it's a miracle economy in obama's the con of me right here going back to two thousand and seven when we were in iceland here is what that teenager who had just graduated from high school which is why they're dressed like they are this is what they had to say and what you're going to be judged on. is that right i was not possible you only have three hundred thousand people that's going. to. throw you. that all those nails corrupt the children you know they get the children to buy into the mythology and they're the ones that are sent off to wars to to die for the broken myth of mythologies or to buy into economic mythology and of course paul krugman is a witch doctor when shrunken heads are surrounding him in a necklace of old economist studies destroyed any bases his entire thinking on the methodology and philosophy grounded in which doctoring. i want to also point out that after the collapse of iceland up to iceland went michael lewis of vanity fair he wrote a piece and it got a lot of attention tha

george will, paul krugman of the "new york times." abc's matthew dowd and my favorites james carville and mary matalin. >>> george, we heard the lawmakers there as far apart as ever with just 23 days to go, is there any way out of it? >> conceptually, we're dealing here with splittable differences. we in our country had unsplittable differences. differences that you couldn't compromise on. this is doable. the problem is, george, since the second world war, our politics has been about allocating abundance. now, we're allocating scarcity. we're not very good at it. the real problem in the country today isn't the divisions that we talked so much about it's a consensus. as broad the republic, as deep the grand canyon, we should have a generous welfare state and not pay for >> it oh, boy. >> paul krugman sf. >> it's not just numbers. we have a basic difference in outlook. the republicans are unable to make concrete proposals. if you look, all of that talk that we just heard, deficits in china and greece, all of the talk that about how to d

george will, paul krugman of the "new york times." abc's matthew dowd and my favorites james carville and mary matalin. thanks a lot for coming in. >>> george, we just heard the lawmakers there as far apart as ever with just 23 days to go, is there any way out of this? >> conceptually, we're dealing here with splittable differences. numbers, how high rates ought to be. we really in our country had unsplittable differences. differences that you really couldn't compromise on. this is doable. the problem is, george, since the second world war, really, through all of american history, our politics has been about allocating abundance. now, we're allocating scarcity. we're not very good at it. i would like to postulate that, the real problem in the country today isn't the divisions that we talked so much about it's a consensus. as broad as the republic, as deep the grand canyon, we should have a generous welfare state and not pay for it. >> oh, boy. >> paul krugman? >> it's not just numbers. we have a basic difference in outlook. and i thin

so ben bernanke paul krugman the keynesians are have their head completely up because they're saying low rates to fight inflation in the low rates are causing the deflation there's a tug of war going on you see because everybody i wouldn't argue that low rates are beneficial to the economy generally whatever that means but when the rate is fooling ok and when the intent is to make the long rates fall the liquidation value of debt just goes up exponentially so if you look at the nominal value of whatever ten year treasury over the past thirty years just looks like a straight line going up so you've got you've got this sort of fight going on between the public and the private sector if you can put it in those terms because it's quite beneficial to be in the bond business and to hold bones if interest rates a fool even if it is only a nominal increase you know you might not be beating inflation with ok so it's only very good there are other words the cost of lowering rates on one side the on y. . thing is actually exponentially more expensive ok that's a key point the other thing is to

so ben bernanke paul krugman the keynesians are have their head completely up because they're saying low rates to fight inflation low rates are causing the deflation there's a tug of war going on you see because everybody i wouldn't argue that low rates are beneficial to the economy generally whatever that means but when the rate is fooling ok and when the intent is to make the long rates fall the liquidation value of debt just goes up exponentially so if you look at the nominal value of whatever ten year treasury over the past thirty years just looks like a straight line going up so you've got you've got this sort of fight going on between the public and the private sector if you can put it in those terms because it's quite beneficial to be in the bond business and to hold bones if interest rates a fool even if it is only a nominal increase you know you might not be beating inflation with ok so it's only very good there are other words the cost of lowering rates on one side the on y. . thing is actually exponentially more expensive ok that's a key point the other thing is to keep in

so ben bernanke paul krugman the keynesians are have their head completely up their strength because they're saying low rates to fight inflation low rates are causing the deflation there's a tug of war going on you see because everybody i wouldn't argue that low rates are beneficial to the economy generally whatever that means but when the rate is fooling ok and when the intent is to make the long rates fall the liquidation value of debt just goes up exponentially so if you look at the nominal value of whatever ten year treasury over the past thirty years just looks like a straight line going up so you've got you've got this sort of fight going on between the public and the private sector if you can put it in those terms because it's quite beneficial to be in the bond business and to hold bones if interest rates a fool even if it is only a nominal increase you know you might not be beating inflation with ok so it's only very good there are other words the cost of lowering rates on one side the on y. . thing is actually exponentially more expensive ok that's a key point the other thin

so ben bernanke paul krugman the keynesians are have their head completely up because they're saying low rates to fight inflation in the low rates are causing the deflation there's a tug of war going on you see because everybody i wouldn't argue that low rates are beneficial to the economy generally whatever that means but when the rate is fooling ok and when the intent is to make the long rates fall the liquidation value of debt just goes up exponentially so if you look at the nominal value of whatever ten year treasury over the past thirty years just looks like a straight line going up so you've got you've got this sort of fight going on between the public and the private sector if you can put it in those terms because it's quite beneficial to be in the bond business and to hold bones if interest rates of fall even if it is only a nominal increase you know you might not be beating inflation with ok so it's only very good there are other words the cost of lowering rates on one side on why. thing is actually exponentially more expensive ok that's a key point the other thing is to kee

so ben bernanke paul krugman the keynesians are have their head completely up because they're saying low rates to fight inflation low rates are causing the deflation there's a tug of war going on you see because everybody i wouldn't argue that low rates are beneficial to the economy generally whatever that means but when the rate is fooling ok and when the intent is to make the loan rate for the liquidation value of debt just goes up exponentially so if you look at the nominal value of whatever ten year treasury over the past thirty years just looks like a straight line going up so you've got you've got this sort of fight going on between the public and the private sector if you can put it in those terms because it's quite beneficial to be in the bond business and to hold the bones if interest rates of full even if it is only a nominal increase you know you might not be beating inflation with ok so it's only very good there are other words the cost of lowering rates on one side the on y. . thing is actually exponentially more expensive ok that's a key point the other thing is to keep

tonight we hear from economist paul krugman. >> i don't think there's going to be much of a deal. i think there's going to be a kind of... there will be an outcome. >> woodruff: from haiti, fred de sam lazaro reports on the efforts to stem a deadly cholera epidemic that began after the 2010 earthquake. >> ifill: and ray suarez talks to author and journalist tom ricks about what he describes as the decline of american military leadership. >> today nobody gets credit for anything and mediocrity is accepted as a core value in the performance of generals. >> ifill: that's all ahead on tonight's newshour. major funding for the pbs newshour has been provided by: moving our economy for 160 years. bnsf, the engine that connects us. >> and by the bill and melinda gates foundation. dedicated to the idea that all people deserve the chance to live a healthy, productive life. and with the ongoing support of these institutions and foundations. and... this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank y

your colleague paul krugman in writing in the column, every other column in "the new york times" says it is not about the debt, it is not about the debt. is it about the debt? >> well, of course it is about the debt, i mean we have record public debt, private debt, internationally, and it is not the only thing, i mean clearly we want to leave our children a good infrastructure. we want to leave them improving technology, a good education system, all of the things the earlier generations left us, but on the other hand, if you have a very large debt it creates all kinds of inner generational tensions, distribution natural tensions and we are at a level .. where historically it has been problematic and i think it makes sense to gradually rein it in, i do not advocate anything radical, my coauthor, carmen reinhardt similarly does not advocate anything radical, radical meaning,. >> rose: by radical you mean some austerity, draconian austerity. >> draconian, in fact i would welcome more infrastructure spending if it were well spent because certainly the united states needs that, although i

maybe not paul krugman. we have to tackle some of the issues. it doesn't matter at this point whether we'll cut defense spending which makes republicans angry. cut taxes which makes republicans angry or try to slow down the charge of medicare and social security. >> jennifer: social security does not affect the budget in that way. but it is a symbolic thing. that's what he's getting at. i think the symbolism for the republicans allows for them to actually vote for -- to allow -- >> to raise taxes. >> jennifer: the tax increase to go forward on those -- >> what do you do? trading one symbol for another symbol? if they're responsible leaders like you were as governor, they're going to do the math right and do the policy right and let the symbolism work itself out. >> jennifer: i would think so, too. let me quickly ask you you're from south carolina. nikki haley appointed tim scott. >> indian governor appointing a black republican. >> jennifer: what do you think that means? >> there is progress in this country. we have a black president now. we hav

a 2012 graphic geek-out deluxe paul krugman approved, coming up. >>> imagine that in the past couple of months there had been mass defections in the u.s. government. imagine the speaker of the house denounced the president and defected, fleeing the u.s. for, say, can canada and taking with him a couple of people from the president's cabinet and high-ranking generals. the spokesman for the state department defects too and not apparently does she denounce her loyalty to the old administration and the whole american government she does so after promising the world that the president would never, ever use chemical weapons on his own people. she says he won't do that. and then she disappears. then a prominent attorney general and the chiefs, they denounce the government too and they flee. they leave the united states. and now imagine these are just a few of the more than 70 high-level defections from president obama's government. that is obviously not happening here. it is what is happening in syria. that is what is happening to bashar al assad. dramatic high-level defections that show no

we have the very best charts of the whole year, including paul krugman's favorite chart, coming up later. ♪ ♪ ♪ [ male announcer ] everyone deserves the gift of all day pain relief. this season, discover aleve. all day pain relief with just two pills. c'mon, michael! get in the game! [ male announcer ] don't have the hops for hoops with your buddies? lost your appetite for romance? and your mood is on its way down. you might not just be getting older. you might have a treatable condition called low testosterone or low t. millions of men, forty-five or older, may have low t. so talk to your doctor about low t. hey, michael! [ male announcer ] and step out of the shadows. hi! how are you? [ male announcer ] learn more at isitlowt.com. [ laughs ] hey! >>> we joked a bit on last night's show about starbucks' plan to solve the fiscal cliff by writing the words "come together" on people's. you err mint mochas and cups of joe. tonight i want to take this more seriously because i admire this effort. ceos and coffee drinkers alike should want to engage in politics. they should be angry at w

a 2012 graphic geek-out deluxe paul krugman approved, coming up. [ male announcer ] imagine facing the day with less chronic osteoarthritis pain. imagine living your life with less chronic low back pain. imagine you, with less pain. cymbalta can help. cymbalta is fda-approved to manage chronic musculoskeletal pain. one non-narcotic pill a day, every day, can help reduce this pain. tell your doctor right away if your mood worsens, you have unusual changes in mood or behavior or thoughts of suicide. antidepressants can increase these in children, teens, and young adults. cymbalta is not approved for children under 18. people taking maois or thioridazine or with uncontrolled glaucoma should not take cymbalta. taking it with nsaid pain relievers, aspirin, or blood thinners may increase bleeding risk. severe liver problems, some fatal, were reported. signs include abdominal pain and yellowing skin or eyes. tell your doctor about all your medicines, including those for migraine and while on cymbalta, call right away if you have high fever, confusion and stiff muscles or serious allergic skin

earlier this week we heard from erskine bowles and paul krugman. tonight, we hear from a senate republican who has proposed his own plan to dodge the fiscal cliff. it includes limiting tax deductions, but no increase in marginal tax rates. and it would change eligibility for medicare and social security over the longer term. bob corker is from tennessee and joins us now from capitol hill. senator, welcome, and first of all, we heard late today that there was a phone conversation between the president and speaker boehner. have you heard anything about that? >> no, i haven't. i've been in multiple conversations today about this. but i've been in a meeting until right now for the last two hours. so i have not been aware of the phone conversation. sphwhrood well, we not hearing any reports other than the fact the call took place, but the fact that it took place, is that good news? >> oh, i don't know, judy. i think there are a the love discussions about what is the best way to get the type of entitlement reforms that everyone knows needs to take place,

earlier this week we heard from erskine bowles and paul krugman. tonight, we hear from a senate republican who has proposed his own plan to dodge the fiscal cliff. it includes limiting tax deductions, but no increase in marginal tax rates. and it would change eligibility for medicare and social security over the longer term. bob corker is from tennessee and joins us now from capitol hill. senator, welcome, and first of all, we heard late today that there was a phone conversation between the president and speaker boehner. have you heard anything about that? >> no, i haven't. i've been in multiple conversations today about this. but i've been in a meeting until right now for the last two hours. so i have not been aware of the phone conversation. sphwhrood well, we not hearing anyeptsther than the fact the call took place, but the fact that it took place, is that good news? >> oh, i don't know, judy. i think there are a the love discussions about what is the best way to get the type of entitlement reforms that everyone knows needs to take place, both

paul krugman is completely wrong doesn't get it is that he focused entirely on demand there's only thinks about so that's why he says space alien invasion that would cause everyone to start demanding x. y. z. and always he doesn't get that there is value creation and you have to actually create goods with value as people like mike norman also gets a wrong you think print money deficit spending that gives people jobs what that will kind of you have and where you're creating well thank you for getting fired up in the last couple that i fired up there and i'm not going like really a molecular my jury my god out there are up against a cloud over and that is all we have time for thank you so much for watching be sure to come back on monday in the meantime you can follow me on twitter you can like our facebook page watch us on you tube or hulu and have yourself a great night. i'm sure to be soon rich bright. moon. from suns to the pressure. starts on t.v. don't. well see british science on its own time. global economy. the great russian laureates. prevailing over houses and asperity. to reenact

again so people say you know all those zero percent interest rates didn't produce any inflation so says paul krugman and yet the inflation is on the balance sheet of these central banks that have been buying government bonds to create the illusion of economic growth and now we're headed for a massive bomb collapse. coming up we take you to send petersburg and its very own palace the sly. sigrid laboratory to mccurry was able to build an old most sophisticated robot which will unfortunately doesn't give a darn about anything tim's mission to teach music creation why it should care about humans and world this is why you should care only on the. wealthy british style holds a spot on the title of. markets why not. find out what's really happening to the global economy with max cause or for a no holds barred look at the global financial headlines tune into kaiser report on our. evening. all to me having the perfect time for a ball elegant ladies and gentlemen and even the emperor himself were ready to waltz but the grand a-k. soon interrupted by terrible news. napoleon's army had invaded russia.

paul krugman is completely wrong doesn't get it is that he focused entirely on demand there's only thinks about so that's why he says space alien invasion that would cause everyone to start demanding x. y. z. and always he doesn't get that there is value creation and you have to actually create goods with value there are people like mike norman also gets a wrong you think print money deficit spending that gives people jobs what that will judge you have and what you're creating well thank you for getting fired up in the last couple that i fired up there in another life really i'm already only my jury my god out there i'm against a cloud over and that is all we have time for thank you so much for watching be sure to come back on monday in the meantime you can follow me on twitter you can like our facebook page watch us on you tube or hulu and have yourself a great night. great russian warrior. prevailing over houses asperity. to reunite at the parades through various. come they complain that one on my. people's admiration two hundred. to build a. mission to teach.

again so people say you know all those zero percent interest rates didn't produce any inflation so says paul krugman and yet the inflation is on the balance sheet of the central banks that have been buying government bonds to create the illusion of economic growth and now we're headed for a massive. collapse the biggest collapse in history bigger than the tulip bulb collapse bigger than the south sea bubble collapse bigger than the mississippi company collapse bigger than the nasdaq or collapse the biggest the mother of all collapses. and they also point out that investors are not being rewarded for their risk they're taking so they don't seem to understand how much risk they're taking for example yields on mortgage bonds have fallen to the lowest level ever recorded spread some corporate debt have narrowed to the way for thin margins of two thousand and seven even though default rates are currently three times higher than they were then for junk bonds and twice as high for investment grade companies but this is the.

krugman is completely wrong doesn't get it is that he focused entirely on demand there's only thinks about so that's why he says space alien invasion that would cause everyone to start demanding x. y. z. and always he doesn't get that there is value creation and you have to actually pretty good with value that's people like mike norman also gets it wrong he thinks print money deficit spending that gives people jobs what that will kind of jobs you have and where you're creating what oh well thank you for getting fired up in the last couple that i brought up here and i'm not going like valium or the ulema the military my god i know we're up against a cloud over and that is all we have time for thank you so much for watching be sure to come back on monday in the meantime you can follow me on twitter you can like our facebook page watch us on you tube or hulu and have yourself a great night. to be soon rich bright. live from studio christian. stance on t.v. dot com. parents versus social workers docu nabby last stop. that many children have become prizes to fight full why does the loss t

paul krugman is completely wrong doesn't get it is that he focused entirely on demand there's only thinks about so that's why he says space alien invasion that would cause everyone to start demanding x. y. z. and always he doesn't get that there is value creation and you have to actually pretty good with value as people like mike norman also gets it wrong he thinks print money deficit spending that gives people jobs what the judge you have and what you're creating most thank you for getting fired up in the last couple that's right here in america like you we're more ulema dimitri my god i know we're up against a cloud or and that is all we have time for thank you so much for watching be sure to come back on monday in the meantime you can follow me on twitter you can like our facebook page watch us on you tube or hulu and have yourself a great night. while . kelly. offers an air show and an issue. was a matter you. left the residents never profit from the performances you'll see of coming our signature trip there when you look up and there's one check in on you he's the alpha beta gamma he

again so people say you know all those zero percent interest rates didn't produce any inflation so says paul krugman and yet the inflation is on the balance sheet of the central banks that have been buying government bonds to create the illusion of economic growth and now we're headed for and massive. collapse the biggest collapse in history bigger than the tulip bulb collapse bigger than the south sea bubble collapse bigger than the mississippi company collapse bigger than the nasdaq or nikkei collapse the biggest the mother of all collapses. and they also point out that investors are not being rewarded for their risk they're taking so they don't seem to understand how much risk they're taking for example yields on mortgage bonds have fallen to the lowest level ever recorded spread some corporate debt have narrowed to the way for thin margins of two thousand and seven even though default rates are currently three times higher than they were then for junk bonds and twice as high for investment grade companies but this is the genius of this particular central.

paul krugman is completely wrong doesn't get it is that he focused entirely on demand there's only thinks about so that's why he says space alien invasion that would cause everyone to start demanding x. y. z. and always he doesn't get that there is value creation and you have to actually create goods with value as people like mike norman also gets it wrong he thinks print money deficit spending that gives people jobs what the groundwork how jobs you have and where you're creating wealth thank you for getting fired up in the last couple that i fired up there and i'm not going like the only a moron ulema dimitri my god i doubt we are up against a cloud over and that is all we have time for thank you so much for watching be sure to come back on monday in the meantime you can follow me on twitter you can like our facebook page watch us on you tube or hulu and have yourself a great night. with. technology innovation all the developments from around the world.

krugman for example a this all the time now isn't it true however that in this global financial lives world where wages and labor been taken out of the equation and it's just bankers versus hedge funds versus money markets versus sovereign wealth funds that if the chase for precious metals gets to a certain critical mass and people begin to start dumping bonds to buy precious metals the doesn't matter how many dollars and pounds these cultural governments are going to print or yen. precious metals are going to skyrocket and both are going to get hammered of course is is there's a natural tipping point somewhere in that exactly where we are we don't know but what's interesting is bill gross you know the head of pimco the world's biggest bond fund manager little eyes bought gold several times in the last twelve months as being something one or two and so i think we will gently moving that tipping point is being to delay due to the two things market manipulation of the b.m.a. and the failure by mainstream media particularly b.b.c. to report on the facts i think i think the failure to rep

james carville, mary matalin and nobel prize-winning economist paul krugman, on sunday for "this week." >>> and now, we go overseas to syria, where people are fleeing amid fears that the assad regime will unleash chemical weapons. the region around the capital, damascus, now a battle zone. 2 million syrians now on the run, many of them children. and it is extremely difficult for journalists to enter that country and cover the chaos. but abc's alex marquardt pushed across the border tonight and he is there. alex? >> reporter: we've spent the day among the thousands of refugees living here, and the conditions are miserable. rain has turned the roads to rivers of mud, there's no power or gas for heat, and it's only getting colder by the day. the rain poured as we approached the crossing into syria. the first stop, a rebel checkpoint. tanks and men armed with ak-47s. once past them, a narrow, winding road that led us to white tents in a sea of red mud. in it, the faces of this growing crisis. children huddled around the only source of warmth -- a tiny campfire. they're part of the mass ex

default on bonds because they can just print money and buy more bonds at this all the time folks like paul krugman who for example you know this all the time now isn't it true however that in this global financial lives world where wages and labor been taken out of the equation and it's just bankers versus hedge funds versus money markets versus sovereign wealth funds that if the chase for precious metals gets to a certain critical mass and people begin to start dumping bonds to buy precious metals the doesn't matter how many dollars and and pounds these cultural governments are going to print or yen. precious metals are going to skyrocket and both are going to get hammered of course is is there's a natural tipping point somewhere in the exactly where we are we don't know but what's interesting is bill gross. you know the head of pimco the world's biggest bond fund manager little eyes bought gold several times in the last twelve months as being something one or two and so i think we were gently moving that tipping point is being just delaying a due to the two things market manipulation in

krugman is completely wrong doesn't get it is that he focused entirely on the man as only thinks about so that's why he says space alien invasion that would cause everyone to start demanding x. y. z. and always he doesn't get that there is value creation and you have to actually pretty good with value as a people like mike norman also gets it wrong you think print money deficit spending that gives people jobs what the judge you have and what you're creating well thank you for getting fired up in the last couple that i thought i never liked you we're more ballymoney military my god i go up against a cloud or and that is all we have time for thank you so much for watching be sure to come back on monday in the meantime you can follow me on twitter you can like our facebook page watch us on you tube or hulu and have yourself a great night. the great russian warrior. prevailing. asperity. to re-enter the parade through. that. people's admiration two hundred. off to. your birth.

krugman is completely wrong doesn't get it is that he focused entirely on demand has only thinks about so that's why he says space alien invasion that would cause everyone to start demanding x. y. z. and always he doesn't get that there is value creation and you have to actually pretty good with value as people like mike norman also gets it wrong he thinks print money deficit spending that gives people jobs what the judge you have and what you're creating most thank you for getting fired up in the last couple of i fired up here and i never liked the.

krugman who for example a this all the time now isn't it true however that in this global financial lives world war wages and labor been taken out of the equation and it's just bankers versus hedge funds versus money markets versus sovereign wealth funds that if the chase for precious metals gets to a certain critical mass and people begin to start dumping bonds to buy precious metals the doesn't matter how many dollars and pounds these cultural governments are going to print or yen. precious metals are going to skyrocket and both are going to get hammered of course is is there's a natural tipping point somewhere in that exactly where we are we don't know but what's interesting is bill gross. you know the head of pimco the world's biggest bond fund manager little eyes bought gold several times in the last twelve months as being something one or two and so i think we were gently moving that tipping point is being to delay due to the two things market manipulation in alabama and the failure by mainstream media particularly b.b.c. to report on the facts i think i think that the failure

krugman for example a this all the time now isn't it true however that in this global financial lives world where wages and labor have been taken out of the equation and it's just bankers versus hedge funds versus money markets versus sovereign wealth funds that if the chase for precious metals gets to a certain critical mass and people begin to start dumping bonds to buy precious metals they doesn't matter how many dollars and and pounds these cattle governments are going to print or yen. precious metals are going to skyrocket and both are going to get hammered of course is is there's a natural tipping point somewhere in that exactly where we are we don't know but what's interesting is bill gross you know the head of pimco the world's biggest bond fund manager so all eyes bought gold several times in the last twelve months as being something one or two and so i think we will be moving that tipping point is being to delay due to the two things market manipulation of the b.m.a. and the failure by mainstream media particularly b.b.c. to report on the facts i think i think that the failu