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Jim Chanos – Financial Frauds and Manias: Past, Present, Future (EP.02)

Infinite Loops

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Is There Going to Be More of This?

I hope not, butit doesn't seem hopeful. It just seems increasingly that we have policy makers that are not only beholden to asset markets, but actively intervene to follow those policies. And with the downside tof this all being that increasingly the person on the street thinks the game is rigged. That just has really long term corrosive values, i think, to capitalism. I couldn't agree more and something i've given a lot of thought to. We need to not only get people talking about this kind of thing, because it leads to very, very bad things.

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