think you want to diversify their exposure and their point thank you nice notes and on that was chris mayer he's author of this book world right side up and you can read it to get more details into the things we're just talking about thanks chris thank you. all right let's wrap this up with loose change i've got dimitri and shannon to talk about this last friday president obama met the deadline for appointing his nominee to head of the world bank. i believe that nobody is more qualified to carry out the mission then dr jim kim. ok dr jim cam mr president not everyone seems to agree with seems jim camus coming under fire for a book he coauthored criticizing neo liberalism and corporate led economic growth that's according to the financial times ken argues in the book that dying for growth that's the name of the book that in many cases those policies made the middle class and the poor in developing countries worse off my question to you i am phrase sure that this is a good thing then you have someone buying for the top spot of the world bank who is likely to have it that is critical of neolib

development bank also ways to trade and lend in each other's currencies now we'll talk to investor chris mayer who is out with a new book where he argues the narrowing of the gap between the emerging markets and developed economies will be the most important long term investment bean of the twenty first century will give us details meanwhile the former i.m.f. president is charged with aggravated pimping while the united states world bank nominee is under fire for not wanting to camp out the developing world will discuss let's get to today's capital account. ok today we thought we should take a break from our usual fare of fraud corruption and too big to fail mob like domination to talk about some opportunities because as we've discussed on this show regularly we know in the u.s. we can't save that interest rates are repressive and are just crushing savers who are losing money home values continue to decline prices fell for the fifth month in a row in january to the lowest level since early two thousand and three you can see in there we got those numbers today from s. and p's case shiller index

seeming to continue to win and not feel bad about what they did only bad that they got caught we had chris mayer on to tell us about the investment opportunities that he found travelling all over the world ok he came back he did brief us he has a new book d.j. alley it's been said laura and i understand you're trying to help us common folk by bringing this guy on to talk about future investments but just to step back for a minute and think about it these are all the things that got us into this mess in the first place until there are complete open markets it's just going to go around and around over and over it's all based off is old world pyramid scheme better days are ahead when it's all gone now to our viewer i'm assuming you're referring to some of the issues that we talk about a lot with currencies fractional reserve lending central bank setting of interest rates and the massive monetization of debt that we've seen i don't know about you go ok i'm not going to wait until better days are maybe ahead based on some ideological ideal that may never come in reality my goal is yes to be critical