Jim Rickards on faltering US economy, Karl Denninger on misallocation
Published 8 May, 2015 09:57 | Updated 8 May, 2015 09:56German 10-year bond yields climbed seven basis points to the highest levels seen this year. Erin weighs in. Jim Rickards, author of ‘The Death of Money’, tells what the likelihood of the Federal Reserve raising rates or reverting back to the QE is and gives us his take on why the US economy is faltering. RT’s Ameera David looks at the lack of economic opportunities for people in Baltimore. Karl Denninger, founding contributor of the blog Market-Ticker, reveals the point of QE if it’s not being channeled into infrastructure spending that we so desperately need. And in The Big Deal, Erin and Edward discuss the INET conference on finance and society held this week in Washington.
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