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

2008

1: Script for a fiction story: Mortgage related loans are issued to people with a poor credit history, then they are repackaged as securities and are sold across the globe! Impossible!

2: Remember the good ole times when oil was 100 dolars a barrel?
January 2008!