Thursday, 29 March 2012

Soaring oil prices and their impact on the US economy


Chris Cook - On the Edge with Max Keiser: Mar. 23, 2012

In this edition of the show Max interviews Chris Cook.

 Chris Cook is an independent energy analyst and a former oil regulator who has the latest on energy markets. They discuss the soaring oil prices and its impacts on the weakening US economy.

He argues that the US market is in a free fall and the US has piled debt on debt. He also comments on the role of investment banks like JP Morgan and Goldman Sachs, and the military threats against Iran on the oil price


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