Episode Details

Bill Bonner, best-selling author and founder of newsletter publishing giant Agora, talks about the upcoming credit crisis that will wipe out most investors and crush the global economy. 

Bill just wrote a 10-page report in his Bill Bonner Letter explaining this financial reckoning.  He believes the first phase of this collapse is happening right now.  It's the same phase that took place just before the markets collapsed in Austria, Argentina, China and Germany.

Bill says, "He hopes this reckoning does not take place but it's a mathematical certainty." In this rare interview (Bill rarely does media), he explains how investors can protect themselves - physically and financially - right now.