In this episode, Max Keiser and co-host, Stacy Herbert, discuss hot potatoes, big fish, counterfeit collateral and a stealth British default. In the second half of the show Max talks to Charles Hugh Smith of OfTwoMinds.com about austerity death spirals and phantom wealth.<br /><br />Follow Max Keiser on Twitter: http://twitter.com/maxkeiser<br /><br />Watch all Keiser Report shows here:<br />http://www.youtube.com/playlist?list=PL768A33676917AE90 (E1-E200)<br />http://www.youtube.com/playlist?list=PLC3F29DDAA1BABFCF (E201-current)<br /><br />Subscribe to RT! http://www.youtube.com/subscription_center?add_user=RussiaToday<br /><br />Like us on Facebook http://www.facebook.com/RTnews<br />Follow us on Twitter http://twitter.com/RT_com<br />Follow us on Google+ http://plus.google.com/b/102728491539958529040<br /><br />RT (Russia Today) is a global news network broadcasting from Moscow and Washington studios. RT is the first news channel to break the 500 million YouTube views benchmark.