08/18/11 - Volatile Markets Show Original Credit Crisis Is Still With Us
Bud Conrad, the chief economist for Casey Research, sat down with Jim Puplava on the Financial Sense Newshour to discuss the ongoing debt crisis, the fate of the Euro, Fed policy, and other key issues. "The situation is that the world's economy is not well balanced. We in the US have taken over the bank debt by bailing out banks and taking over Fannie and Freddie, but we haven't handled the government debt and deficits in a way that we can get through this storm." Click play below to listen to his interview in its entirety. Listen to the interview here
