Jun 2, 2014
Michael Covel speaks with John Mauldin of Mauldin Economics. Mauldin is a noted financial expert, a New York Times best-selling author, a pioneering online commentator, and the publisher of one of the most widely read investment newsletters in the world. Mauldin and Covel discuss credit card rates and zero interest rate policy; the improper use of credit; debt spirals; central bank policies that keep whipsaw periods going; the actions in Japan and how they can spread across the world; the justifications that Mauldin sees behind the scenes; black swans and boom-bust periods; how the 2008 financial crisis wasn’t a true black swan event; the “why” behind zero interest rate policy; and the specter of Keynesianism over the world. For more information on John Mauldin, go to mauldineconomics.com. Want a free trend following video? Go to trendfollowing.com/win.