Join our hour plus discussion about toxic versus honest infrastructure. Jim rattles off a list of current news headlines that set the stage for our current world. We discuss at length many topics in Jim’s recent article, QE Failure & Folly of Paper Mache. The US is heading fast towards complete global isolationism. The SDR is an unlikely solution to the collapsing petro dollar. Jim believes the BRICS currency/ metals fund will be the final winner.

Derivatives have been hidden in plain site. Jim believes there are potentially 100s of Billions of dollars a month in derivative monetization, going on for years now. US debt ceiling raise indicates a default, potentially with the involvement of China, which now owns a nice chunk of Manhattan, including a steak in the US Federal Reserve.

From US Treasury prop ups, QE, Interest rate swaps, to the bond carry trade, Jim covers a host of topics of manipulation. Jim breaks down exactly how long term treasury demand is created and free money just scraped off the back end. Not only can they scam the populace with false perceived demand but they also make huge risk free profits.

Student loans and car loans are the new sub prime markets. The Saudi Real has plummeted. Things are getting shaky. We are marching towards systemic failure. It won’t be a bank failure. The bank system cannot fail. Contagion has been prevented from massive cash injection. Sovereign debt seniority laws were literally changed. The level of fraud is overwhelming. Tens if not hundreds of trillions of dollars have been squandered.

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