Episode 013 - The dollar crash of 07

The Corbett Report Podcast

The Corbett Report

Politics, News

4.9 • 1K Ratings

🗓️ 24 August 2007

⏱️ 40 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

We sort through the wreckage of the subprime mortgage collapse to discover the looming dollar collapse and how a hyperinflationary crisis will be used to usher in a new North American currency, the Amero.

Transcript

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0:00.0	There was once a time when everything was tea,
0:17.0	but now prices almost put some them to sleep.
0:22.0	When we pay our grocery bill we just feel like making our wheel. Tell me
0:28.4	how get a poor man stands such time than live. I remember when dry goods were cheap as dirt.
0:37.0	We could take two bits and buy a dandition.
0:42.0	Now we faith we'd both. and buy a dandy shirt.
0:43.0	Now we pay three books on war,
0:46.0	maybe get a shirt that another man's war.
0:48.0	He'll leave how can a poor man stand such time that live.
0:53.0	Well, I used to
1:00.0	well I used to trade with the man
1:01.0	my friends, welcome to this 13th edition of the Corbett report. I am your
1:06.4	host James Corbett podcasting to you as always from the sunny climbs of Western
1:10.9	Japan on this 24th day of August 2007.
1:15.0	August 3rd 2007 donned temperate and cloudless in the United States.
1:21.0	And it looked like it was going to be a day like any other.
1:25.0	And then a viral video went online.
1:28.3	A clip from the NBC's Stop Trading segment with Jim Kramer, the host of Mad Money, went online on YouTube, and copies
1:37.9	of it started popping up everywhere with posts and blogs.
1:42.3	Jim Kramer is of course a Wall Street chill
1:44.0	whose program is largely intended to pull the wool over people's eyes
1:47.0	as he's admitted in the past and as he even admits in this clip
	...

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