Max Keiser on France 24 Politics show on 9 October 2008 to discuss the ongoing financial crisis of 2008 and how France is doing.

Jim Puplava says a major financial crisis is approaching recorded on March 20th 2010

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We had a major confirmation today. All the trades based on predictability are broken. We saw that in the the currency markets today. The Yen Euro carry trade was broken. In terms of derivatives they are geometrically leveraged with little collateral security. If we trace back what happened with GS and AIG that was the first derivatives bailout. With sovereign risk we are facing the second wave of derivative exposure. We will either see default or cooperation. If cooperation comes in a re-valuation of the dollar it will not be as most people expect. The trend is YEN Euro towards parity, then a reset of obligations leaving China as bag-holder along with oil suppliers.

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