Keiser Report: Printing Money, Chopping Down Trees (E1481)
- RT
In this episode of the Keiser Report from Rio de Janeiro, Max and Stacy note the acceleration of the rainforest being chopped down into the last months of the year. At the same time, out of control money printing from the Fed is sending stock markets to all time new highs. In the second half, Max continues his interview with private equity investor and former banker, Robert Wilson, who has lived in Brazil for over twenty years. They discuss the more sound economic arguments for maintaining the Amazon than chopping it down for timber. The nature of the rainforest makes it for more rational to keep it for the long term intellectual property prospects to be found in the unique flora and fauna of the region. They also discuss China’s important trade relationship with Brazil and about the need for greater immigration into the country.
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