---------- Forwarded message ----------
From:
Dante-Gabryell Monson <dante.monson@gmail.com>
Date: Sun, Feb 24, 2013 at 9:28 PM
Subject: Keiser Report - Chris Cook in second part ( energy backed currencies )
To:
econowmix@googlegroups.comYou will find a recent interview with
Chris Cook in the second part of the Keiser Report
In the first part, you can listen to an overview of changes in long term economic and financial trends,
by a combination of factors such as reduction of wages ( in relation to productivity ? ) which in turn reduces potential for consumption, until now sustained by a reduction in food and other commodity prices, which itself reaches a limit. ( reducing food prices through government subsidies )
Poverty rates ( in the US ) have never been as high ( inequalities bigger then in the 1920's crisis ).
Over 120% of increases in wealth creation since the beginning of the crisis have shifted to the top 1%,
meaning the 1% do not only take all of the productivity gains, but increased their share by reducing the share of wealth from the 99 percent.