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)
http://www.box.net/shared/d9pccl6q4v
1 comment:
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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