Thursday, October 23, 2008

my theory on the causes of the crisis

In short: The real economy has been suffocating for decades in Europe and even the US. That is why investors focused on dotcoms & then on subprimes.

This is an audio (MP3) version of my theory re "the causes of the crisis" as I presented it on October 23, 2008 (then in video format, I have extracted the audio from that):

two options:

1. YouTube video (audio mainly)

2. pure audio (free to download)

1 comment:

  1. Your theory ties in with observation that from 1966 to 2006 the money supply (M2) increased 50% more than world GDP. Historically they remain in step.

    And we know, and they know we know, who created this overabundance of credit.


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