Global Credit Crash

From Australian TV ABC Lateline program. Economics reporter Stephen Long talks about the US sub-prime mortgage market , Collateralized Debt Obligations (cdos) and the collapse of two Bear Stears ring fence funds, and the potential for this to set off a global credit crash.

Max Keiser : THE ORACLE January 23 2009 Pt 2of2

max keiser us dollar g20 gold structured finance hank paulson jim rogers ron paul peter schiff us financial crisis the oracle January 23rd 2009 falling dollar amero debt Ponzi scheme creditors Bernanke fed interest rate Obama presidency Barack Neel Kashkari Wall Road Bailout Joe Biden new world order global credit money peter schiff Commentary Breakdown Documentary president bush Rush Limbaugh O’Reilly Peter Schiff stock market fraud jim rogers don harrold