In this episode of the Keiser Report, Max Keiser and Stacy Herbert with a double header discussing the ‘dumb money’ piling into markets just as the Spectator’s cover story reads: “The Next Crash: We could be on the brink of another financial crisis.” Max and Stacy read through the piece in shock at the obvious signs of misallocation of wealth while chasing dumb bubbles - including a P/E ratio now at 25.6 compared to a historic norm of 16.5. In the second half, they examine more misallocation of wealth as the US spends an additional $1 trillion annually on healthcare compared to if they spent the same percentage of GDP as the next most expensive country, the Netherlands. While overspending by $1 trillion, the energy grid has the most blackouts of any developed nation and yet less than half a trillion could replace the dumb, old grid with a smart, new one. RT LIVE rt.com/on-air Subscribe to RT! www.youtube.com/subscription_center?add_user=RussiaToday Like us on Facebook www.facebook.com/RTnews Follow us on Twitter twitter.com/RT_com Follow us on Instagram instagram.com/rt Follow us on Google+ plus.google.com/+RT RT (Russia Today) is a global news network broadcasting from Moscow and Washington studios. RT is the first news channel to break the 1 billion YouTube views benchmark.

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