Access to Capital, Cell Phones, and China – 3 C’s Changing the World

In this podcast, I go over how access to capital via crowdfunding or micro lending will bypass the large banks. The bank official used to be the blockage to the fulfillment of an idea, but now those days are over. With the internet allowing the changing of the guard with regard to getting an idea up and running, the free market will flourish, and the gatekeepers will no longer be able to control the flow and growth of ideas.

A huge thanks / hat tip to Gary North.