Video: Hosts and Parasites – The Consequences of Default

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

The Cause – The cause of all wars throughout history is interest-bearing debt

Entirely unsuspected, except by a few astute observers, they cunningly and patiently wove a web in which they have entrapped mankind. — Emanuel Josephson, 1968
Most of the real history of the world has been hidden from us by the same people who commit the crimes, gigantic crimes on the scale of world wars , manufactured pandemics and massive tax ripoffs that ruin our health, kill our children and obliterate our peace of mind. Continue reading

Financial Bailout: America’s Own Kleptocracy

The largest transformation of America’s Financial System since the Great Depression

Nobody expected industrial capitalism to end up like this. Nobody even saw it evolving in this direction. I’m afraid this failing is not unusual among futurists: The natural tendency is to think about how economies can best grow and evolve, not how it can be untracked. But an unforeseen road always seems to appear, and there goes society off on a tangent.

What a two weeks! Continue reading