hendry had not like you can see. the office crying. caught in no time to come the rest of you still have the appetite and all of us posturing. it is. what yet but the deep off the lights the audience. see describing it as a giant among men. at that. sit a bit hard of a delegation from indiahich again. seven fifteen. aye aye aye aye aye. the paucity of itself and to fight. we all agree that the state of the garden. it's easy to use but it's at this moments with some nudes is to a sudden thought. ditto from above it. four will be scooped up the comforts of whom could do. when magically give up. a lot of missing though. and that lord ram is given to the bit the bullet and make up the random cafe opposite to the tune the ticket to the cards newly set up. basically they have to get him to do missing teeth yet but maybe i'm a twenty out of the beastly of fifteen. in the center could be on the respective are not going to be. these decades gone by the resistance to british rule. it is. states of africa he was. its mission is to be patient. eig

tangible it's based purely on money printing algorithmic trading and momentum chasing and yeah like you hendry a famous high strung manager here in the u.k. recently thrown the towel and said these markets are completely worthless in terms of having anything of substantial value that you can put a number on it's just momentum chasing so tapering. tapering when they talk about taper isn't just like like a dramatist would foreshadow something happening in act three of a play or a drama but it has no bearing on any underlying economic reality as we know it before the world became infected with quantitative easing disease and other what i'm saying is isn't it just posturing this idea of tapering because if that's a little bit law then apologies game you wrote plan a ponzi you can't you can't taper a ponzi let me ask you if you can't take the ponzi will keep growing and growing and growing and what we're witnessing now is we are in the frenzied state right now of a bubble you know when you have missed allocation of capital to his store epic levels we've got the most mis allocation of capital you've

would a precious stone like a diamond and it could be worth a million dollars per bit going even hugh hendry who's a respected hedge fund manager here in london recently has said that big going could be worth a million dollars per bitcoin ron paul a famous politician in america has come out recently and said that he thinks that bitcoin is the killer of the u.s. dollar and we'll get to that for in a second but what do you think about this idea that the price could trade up to you know a million dollars per bitcoin can you talk a little bit about that yeah hit us a university doesn't it usually we want to see the study about because you know about the advantages and so on and so forth and we have decided to accept it doesn't mean change it we are not taking any position as a university about the potential. value i have of course my own personal. don't know about but what is your personal opinion about that i believe that that he's. going to become. pope a sort of worth but that's my personal opinion ok let's circle back then to this question about what ron paul was saying recently ron paul i t

recognizable like hugh hendrie, jeremy, not just david rosenburg and more.too, what the perma-bears have been saying. they're saying that they could see a correction now in two or three year's time and they say that the s&p advancing 18% and bank of america out now with a new report saying the s&p up another 18% at 2014. and so, these guys, jeremy grantham-- >> that's a turn around liz: that's a turn around and jeremy grantham is going to see what is difficult to see beyond a severe economic shock, what will look at the fed's intervention and pushing in the market. >> that's interesting news, they're right. the question, what happens to malls if force like j.c. penney and sears close up shop and with this ongoing revolution of on-line shopping? what happens to the mall? what will the mall look like in the future? bill harris is still here and he will answer the question. ♪ you better not shout, you better not cry♪ ♪ you better not pout i'm telling you why, santa claus is coming to town♪ ♪ santa claus is coming to town♪ clients are always learning more to mak