Sunday, July 10, 2011
The Big Banks Are Waging Warfare Against the People of the World
Michael Hudson is a highly-regarded economist. He is a Distinguished Research Professor at the University of Missouri, Kansas City, who has advised the U.S., Canadian, Mexican and Latvian governments as well as the United Nations Institute for Training and Research. He is a former Wall Street economist at Chase Manhattan Bank who also helped establish the world’s first sovereign debt fund.
Hudson says:
•The European debt crisis is really financial warfare by the banks
•Indeed, the banks are in warfare against the rest of society
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