Wake Up Call - Bitcoins: Bubble Or Alternative Currency? - 11/29/13

The Wake Up Call show

Summary: The history of bitcoins, what they are, how to trade them, who accepts them, safety of ownership, advantages, comparisons with other forms of money. Massive state pension cuts are inevitable with budgets being cut everywhere and wrong projections being made for future investment growth. Comparison of America’s incarceration situation with those of Germany and Holland. Needless to say, America’s stance is, as usual, just plain stupid (and inhumane). David Stockman’s take on the economy and the markets. The absurdity of economists trying to encourage more consumption from those who have no money. Life and work in Buenos Aires (Argentina). Not as hard to acquire as you may think. A personal story. The horror of trying to maintain employment and health insurance under ‘Obamacare’. The plight of millennials continuing to live at home with their parents