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Financial Warfare Turns Ugly in 2015? | David Collum 1/1/2015 (Video)

Thursday, January 1, 2015 14:40
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Jason Burack of Wall St for Main St had on returning guest Cornell University chemistry professor David Collum to talk about the extensive Year in Review he publishes annually.

Dave recently released his 2014 review and 2015 preview which can be found here:http://www.peakprosperity.com/blog/89

During this hour+ long interview/discussion, Jason asks David about predictions mainstream Wall St analysts and mainstream financial media people made for 2014 and why many predictions went wrong.

Jason then asks David about what surprised him in 2014. Dave says the oil price drop was his biggest surprise.

Jason and David discuss the oil markets, why he thinks they dropped and also about Keynesian economics and central banking.

Jason and Dave discuss precious metals, the loss of our civil liberties in the US, financial warfare, financial repression and how Generation X, Millennials and Baby Boomers are all screwed. Enjoy!!!

 

 

I have read a good volume of economic theory and I am not sure I have read anybody’s concept that higher wages slow down the economy. Additionally, usually higher wages work themselves out through market forces (unless politicians, unions, special interest groups) drive them on the market. Like Jeremy Grantham says, “if competition and capitalism is working, prices including wages fall”. What do you think? Be AWARE and be PREPARED, FEAR is not an option. Be safe everyone…

 

 

 

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