Planet Ponzi is here (E1694)

In this episode of the Keiser Report, Max and Stacy look at soaring lumber prices adding tens of thousands of dollars to the cost of building a new house. In the second half, Max interviews Mitch Feierstein of PlanetPonzi.com about the population loving the boom times of planet Ponzi as the free money drives a surge in consumer spending and stock and property manias.

Keiser Report is a no holds barred look at the shocking scandals behind the global financial headlines. From the collusion between Wall Street and Capitol Hill to the latest banking crime wave, from bogus government economic statistics to rigged stock markets, nothing escapes the eye of Max Keiser, a former stockbroker, inventor of the virtual specialist technology and co-founder of the Hollywood Stock Exchange.