David Stockman | Sell the House, Sell the Wife, Sell the Kids

David Stockman is the bestselling author of Trumped and The Great Deformation. He joins Albert at the 2017 Sprott Natural Resource Symposium following his keynote address. ** Tweet comments @AlbertKLu #davidstockman ** Interview Highlights [0:28] All prices are falsified and distorted [2:44] Stock prices are a pig going through a python [3:27] Can the Fed shrink the balance sheet without crashing the bond market? [4:16] Everybody is a speculator now [5:43] How big is the repo financing problem in the bond market? [8:37] The Great Reagan Expansion was actually an experiment in Keynesian economics [10:52] Sell the stocks. Sell the house. Sell the wife. Sell the kids. Sell everything. About the guest David Stockman is the ultimate Washington insider turned iconoclast. He began his career in Washington as a young man and quickly rose through the ranks of the Republican Party to become the Director of the Office of Management and Budget under President Ronald Reagan. After leaving the White House, Stockman had a 20-year career on Wall Street. Contact him via: Web: http://davidstockmanscontracorner.com/ About the host: Albert Lu is the President & CEO of Sprott US Media. Contact him via: Twitter @AlbertKLu Web at http://sprottmedia.com