David Stockman: Stock Market Bubbles - Why Can't They Last Forever?

David Stockman explains why the current market bubbles are approaching an implosion and why the next market crash may end up collapsing the monetary system.

David Stockman is a former Republican congressman from Michigan and was President Reagan's budget director from 1981 to 1985. After leaving the White House, Stockman became a managing director at Salomon Brothers, and he later founded a private equity fund. David is the founder of David Stockman's Contra Corner, and he is the author of The Great Deformation: The Corruption of Capitalism in America and Trumped! A Nation on the Brink of Ruin... And How to Bring It Back.