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People & Power
Money Geyser
Max Keiser travels to Iceland to explore the global asset bubble.
Last Modified: 29 Aug 2007 10:13 GMT

Max Keiser travels to Iceland to explore the global asset bubble
Max Keiser examines the carry trade, a financial instrument that central bankers and politicians around the world are increasingly blaming for global asset bubbles.

Asset bubbles, they say, are more likely to burst the bigger they get.

Keiser travels to Iceland to demonstrate how this remarkable trade can enable a nation of less than 300,000 to buy up tens of billions of dollars in
British assets.

Watch this episode of People & Power here:

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Part 2:

This episode of People & Power aired from Sunday 05 August 2007


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