Skippy eats some crow — first he got the wrong call earlier this year on Jim Harbaugh not performing after a salary cut, and second he said not to invest in China and that's exactly where he's found himself. Sticking with China, the future of Variable Interest Entities (VIEs) looks bleak, and they discuss what this means for their recent Alibaba investments. Doogles gives a rundown of the economic disaster that is occurring in Turkey right now and how Turkey's president is pouring salt into their economic wounds. Then onto bubble talk, a recent episode of the All In Podcast has a great summary of how inflated everything is, as well as why it's important to make you own decisions and not just follow what all the pundits are saying. Doogles plays a clip of a recent pundit who claimed to have "audio issues" when asked a very simple question on CNBC. The episode wraps with an anecdote of a couple that followed bad advice on buying alternative assets in their IRA, which is costing them hundreds of thousands of dollars.