Episode 79 • • 1:19:50 - 1:24:14
79: Something is Amiss in Gitmo and Crackpot Nations
AIG Counterparties, Global Currency Proposals, Kazakhstan
Bloomberg reports reveal that AIG bailout funds were funneled to major international banks, including Goldman Sachs, Deutsche Bank, and Societe Generale. Amidst the global financial instability, Kazakhstan has proposed a new world currency called the "Acmetal," while other groups advocate for a "Terra" trade reference currency. The hosts view these as attempts to move away from the U.S. dollar's dominance.