Richard Stephenson, YUDU CEO and Private Equity Analyst, was a guest expert on the February 6th episode of The Oracle with Max Keiser on BBC World News. Stephenson offered insight into Wall Street bonuses, the causes of the global economic crisis, where the trends are headed, and who will be the winners and losers.
Stephenson even rebutted fellow guest expert, economist and author James K. Galbraith, who believed that the US economy is the one most likely to recover first from the global economic crisis. Stephenson believes it will most likely be China, who has more of the key components in place, such as foreign reserves and savings ratios.
Stephenson also weighed in on a discussion about Brazil being able to refinance its foreign debt after Brazilian President Lula shunned the World Economic Forum in Davos.
To view the 30 minute show in its entirety, click on the following links