Video: Hosts and Parasites – The Consequences of Default

Michael Hudson on Max Keiser – What happens when a country goes broke?

Part2

Dr. Hudson is President of The Institute for the Study of Long-Term Economic Trends (ISLET), a Wall Street Financial Analyst, Distinguished Research Professor of Economics at the University of Missouri, Kansas City and author of Super-Imperialism: The Economic Strategy of American Empire (1968 and 2003) and of The Myth of Aid (1971).

One thought on “Video: Hosts and Parasites – The Consequences of Default

  1. Great piece. Maybe more countries under the thumb of the Central Banks, IMF and WMO should take a page from what is happening in Latvia and Iceland and launch what amounts to being a financial revolution. Tell the fx%kers to shove the loans to where the sun doesn’t shine and if the don’t like it …well we are ready! I think everyone would agree giving one’s life by fighting a revolution would be more welcome than indefinite financial servitude!

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