GOLD is the money of the KINGS, SILVER is the money of the GENTLEMEN, BARTER is the money of the PEASANTS, but DEBT is the money of the SLAVES!!!

Wednesday, January 8, 2014

Debt Crisis in Europe with Yanis Varoufakis and in US munis with Cate Long

With the global economy on the mend, talk of a metastasizing crisis in Europe and among US municipalities has receded. But the problems still remain.

Yanis Varoufakis, an expert on the European sovereign debt crisis, and a Professor at University of Texas, Austin spoke to us about what to expect next.

Cate Long, the Reuters municipal bond blogger, also spoke to us about municipal bonds, and municipal defaults with a concentration on Detroit.

Erin also welcomed new Boom Bust producer Edward Harrison on the show in today's Big Deal, where Erin and Ed discussed Bitcoin and its new competitor Coinye West.

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