Saturday, December 3, 2011

Banking collapses, misallocation of capital and the gold standard

http://www.youtube.com/v/LN35fmZ72co?version=3&f=user_uploads&app=youtube_gdata

Watch the full 47-minute video at http://www.goldmoney.com/martenson-turk-interview. In this video Chris Martenson - economic analyst at http://chrismartenson.com and author of The Crash Course and James Turk, Director of the GoldMoney Foundation talk about the misallocation of capital, which occurs when money is being mispriced. The debt bubble was allowed to grow over the last 40 years and is now

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