Doug Casey on Crisis Investing, Political Risk, and a Benign Anarchy!

  1. Follow us @ twitter.com twitter.com Welcome to Capital Account. The US economy slowed in the second quarter: GDP rose at 1.5% on an annualized basis according to the Commerce Department. The Wall Street Journal points out that this current economic ‘recovery’ is the second weakest rebound post World War II. Cue speculation about the Federal Reserve taking more action, or talk of how government GDP numbers aren’t reliable anyway. How does this so-called recovery lag compared to others, and when did things really start going downhill economically in the US. Was it after a peak of good times for America in the late 50s to mid 60s, with the 1959 cadillac a relic of a bygone era? We are not just talking about its iconic tail fins, but of the decent standard of living for Americans that it represents — one that was NOT built on unsustainable debt supplanting stagnant wages. Or was what sealed America’s fate the 1971 closing of the gold window by Richard Nixon? We will talk to Doug Casey, bestselling author and founder and publisher of Casey Research, for his thoughts. Also, Spain has, for the first time, conceded it may need a full EU IMF bailout, according to Reuters. Meanwhile, Spanish unemployment has hit the highest level since its transition to democracy post-Franco. We will take stock of the Eurozone crisis with the man who literally wrote the book on Crisis Investing, Doug Casey. Finally, our own Demetri Kofinas will debrief us on Agora Financial’s “Innovate or Die
    Video Rating: 4 / 5



  2. Via the AP/Huffington Post: “Facebook is selling 180 million of its shares in its initial public offering. Another 157 million are coming from existing stockholders, including the company’s earliest investors and CEO Mark Zuckerberg, who’s selling some of his stock to cover tax obligations…”.* Ana Kasparian and Cenk Uygur discuss on The Young Turks. *Read more here: www.huffingtonpost.com TYT on Facebook: www.facebook.com Subscribe to The Young Turks: bit.ly Find out how to watch The Young Turks on Current by clicking here: www.current.com The Largest Online New Show in the World. Facebook: www.facebook.com Twitter: twitter.com



  3. Link to my new book/website: www.lulu.com Link to article in The Daily Paul: www.dailypaul.com
    Video Rating: 4 / 5



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    *”Stericycle, a massive medical waste disposal service company, received a million investment from Bain Capital in 1999 and soon became an industry leader. Today, it has more than 485000 customers worldwide. Its clients include hospitals, blood banks, and pharmaceutical manufacturers. But it has also helped dispose of medical waste from Planned Parenthood and abortion clinics — waste that included aborted fetuses — and that has attracted the ire of the pro-life community and establishment Republicans.” Source: www.motherjones.com Tell us in the comment section below what you think of this story. Support The Young Turks by Subscribing bit.ly Like Us on Facebook: www.fb.com Follow Us on Twitter: twitter.com Find out how to watch The Young Turks on Current by clicking here: www.current.com
    Video Rating: 4 / 5



  5. Despite the European financial crisis, Germans are spending great amounts of money on luxury goods. With the euro’s future uncertain, Germans are buying into the idea that saving is wasting. They are investing their money in real estate, art and jewelry, which they consider to be more durable. They are also taking the opportunity to invest in home renovations and are splashing out on medical procedures. RT LIVE rt.com Subscribe to RT! www.youtube.com Like us on Facebook www.facebook.com Follow us on Twitter twitter.com Follow us on Google+ plus.google.com RT (Russia Today) is a global news network broadcasting from Moscow and Washington studios. RT is the first news channel to break the 500 million YouTube views benchmark



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