[P2P-F] Fwd: Keiser Report - Chris Cook in second part ( energy backed currencies )

Michel Bauwens michel at p2pfoundation.net
Mon Feb 25 06:50:45 CET 2013

don't miss this edition:

---------- Forwarded message ----------
From: Dante-Gabryell Monson <dante.monson at gmail.com>
Date: Sun, Feb 24, 2013 at 9:28 PM
Subject: Keiser Report - Chris Cook in second part ( energy backed
currencies )
To: econowmix at googlegroups.com

You will find a recent interview with Chris
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.

P2P Foundation: http://p2pfoundation.net  - http://blog.p2pfoundation.net

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