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

[Michel Bauwens]

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
Cook<http://en.wikipedia.org/wiki/Chris_Cook_(energy_market_strategist)>
in
the second part of the Keiser Report
http://www.youtube.com/watch?v=tHuGVkTwMb8

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.



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