Boom Bust, Sep 23, 2014
On Tuesday, the US military said strikes by air force fighter planes, armed drones, and allied aircraft hit 22 targets in parts of Syria controlled by the Islamic State, also known as ISIS or ISIL. Five Arab countries including the United Arab Emirates, Jordan, Bahrain, Qatar, and Saudi Arabia helped carry out these airstrikes in Syria. But the big question now is: Were these strikes successful? Erin weighs in.
Then, Erin is joined by Steve Keen, head of the School of Economics, History, and Politics at Kingston University in London to discuss the UK and European economies. The mortgage credit accelerator has the UK decoupling from Euroland, which could be sinking into a debt deflation. Dr. Keen thinks this divergence cannot last.
After the break, Erin talks to Steve Hochberg, chief market analyst at Elliott Wave International, to discuss Elliott Wave Theory. Hochberg says Elliott…
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