Appearance 1 October 2014, Hour 2 with John Batchelor and Gordon Chang

Such fun to try to keep up with John and Gordon who cover the topics we should care most about so ably. Last night we concentrated upon disruption now spreading to Hong Kong and the apparent "victory" of creative destructionism over rigged capital markets. The thing I have been watching is "counter-party" risk---you should too. Do you really understand the financial condition of your bank, brokerage account, employer, suppliers and your customers?