Bill Laggner, the co-founder of Bearing Asset Management, a long-short macro hedger fund joins our show.

You will hear Bill tell Porter why he's building a big short position for the unwind of the sovereign crisis. They talk about the trouble with the U.S. REITS that are funding themselves in the overnight markets and how you should protect yourself.

Leverage is back and it's about to unwind... If you thought 2008 was bad, just hold on, you haven't seen anything yet.

They talk about the possibility of a Yen collapse, investing in the BRICs, and Porter asks Bill, "At what 10-year yield do the U.S. equity markets finally react to higher rates?" You won't want to miss his comments.

Then, Porter and Aaron "spitball" a great new idea that's receiving a huge amount of listener feedback

They talk about Microsoft's latest misstep, gold, Syria (are we really going to do this all over again?), and Gary writes in to tell Porter to watch his language... You can imagine how that goes.

Plus, faith-based dating sites, deleting the hate mail, and Aaron asks our female listeners to keep sending in their pictures.