In this episode of Keiser Report, Max and Stacy spend the special end of year episode with Mitch Feierstein of PlanetPonzi.com. They look at the two worlds in which one is markets at all time highs and there is a roaring 20's style good times and the other where jobs and money are scarce as during the Great Depression of the 30s. But what does 2021 hold as those in the world of the Great Depression are demanding that the incoming Biden administration shower them with free money in the form of Modern Monetary Theory (MMT).
Mitch Feierstein is the founder of PlanetPonzi.com and a highly successful hedge-fund manager and CEO of the Glacier Environmental Fund Limited. Prior to this he was Senior Portfolio Manager of the Cheyne Carbon Fund, part of one of the largest and best-respected hedge-fund groups operating in Europe. He divides his time between London and New York.
Max Keiser is a former stockbroker and an American broadcaster and film-maker. He hosts Keiser Report, a financial program broadcast on RT. Keiser invented "Virtual Specialist Technology," a software system used by the Hollywood Stock Exchange. Prior to inventing this technology, he worked on Wall Street where he began working after graduating from NYU. With the help of Keiser's co-host, Stacy Herbert, and guests from around the world, Keiser Report tells you what is really going on in the global economy.