Two days after President Obama announced to the nation that we would essentially be going to war with ISIS in Iraq and Syria — a $7.2 billion Army intelligence contract was signed with 12 of the biggest private military contractors on the planet. We also learned on Thursday that US Attorney General Eric Holder is stepping down from his current post and speculation as to who his replacement will be is flying! Erin weighs in.
Then, Erin sits down with Raoul Pal, founder of The Global Macro Investor newsletter and Real Vision Television, to talk about the problems with finance news and the democratization of information. Pal is an advocate of disruptive technology in financial services and also has a thing or two to say about the global macro investment climate.
After the break, Boom Bust includes all of our Defining Moments of the week, including snippets of our interviews with Warren Mosler, Steve Keen, Steve Hochberg, Jim Rickards, Frances Coppola, and our wonderful gold show panel.
And in The Big Deal, Erin and Edward Harrison take a look at all the economic woes Argentina faces – and what the options are. Take a look!