Andrew Neil is ignorant on so many factors, which Nomi could have explained if he let her talk more. Why get an expert like Nomi on, if he was going to ask the two ex-politicians as many questions? The boom is in debt, but not a boom in the real economy because essentially we are still in the same crisis as 2008. And the UK has not separated out casino banking - ring-fencing is not Glass-Steagall, it's a sham.
A babe with a brain. Cash in those IOUs ( dollars ) for physical assets. Bit Coin is not inflatable, A global currancy, banks are not needed, Not even wanted. Strip the 1%. Stop the criminal taking of our wealth. Forgive Them Their Debts. Dr. Michael Hudson. Time for a new Revolution.
The host is just doing his regular deadpan, incredulous-voice interrogation. It's his schtick, and, at his age, it's all he knows. On top of that, he and the other Brits are all status quo supporters who don't want to step on any toes, so they hem and haw and say nothing remotely controversial. It should go without saying that political journalists are not to be taken seriously on economic matters.
It's one year later and the market crash did happen, then throwing even more money at it, reinflated stock market prices but no one knows for sure anymore what things are actually worth.
10:00: Host: "In this country [since 2008] we have reinstated the separation between speculative investment and commercial banking (Glass-Steagall)." Really? When did this supposedly happen? Is QE now preventing business and home foreclosures?
NO. NO. NO. You should stay away from "Nomi Prins 25 cent Trader". I lost money in the last 12 months following her recommendations. She had absolutely nothing quantifiable to show us at all. She or nobody shows the Profit and Loss statement of their each trade or any trades in progress at all whatsoever. Her trading analysis is absolutely empty - she only tells you "could have, would have, should have". WTF? She also never said when to sell for each trade. Most of the time, you can not even get in the trade with the specific recommended entry price even you enter even 1 minute after you received the recommendation.
@Perhaps ? If you look at the economy in general in the US it never took off from 2001-2008. SOX and other measures killed off growth in every sector except the speculation in housing
