Nedan ett drygt 7 min långt videoklipp om den kraschande världsekonomin av mannen som gjorde The Money Masters , bl.a Michael Hudson och Ellen Brown medverkar.

Från Michael Hudsons nya artikel:

"The global economy is falling into depression, and cannot recover until debts are written down."
...
.... "as long as the Treasury tries to support the fiction that "the miracle of compound interest" can be sustained for long. The danger is the economy may be dead by the time saner economic understanding penetrates the public consciousness."
...

"The alternative is a century and a half old, and emerged out of the ideals of the classical economic doctrines of Adam Smith, David Ricardo, John Stuart Mill, and the last great classical economist, Marx. Their common denominator was to view rent and interest are extractive, not productive. Classical political economy and its successor Progressive Era socialism sought to nationalize the land (or at least to fully tax its rent as the fiscal base).
Governments were to create their own credit, not leave this function to wealthy elites via a bank monopoly on credit creation.
So today’s neoliberalism paints a false picture of what the classical economists envisioned as free markets. They were markets free of economic rent and interest (and taxes to support an aristocracy or oligarchy). Socialism was to free economies from these overhead charges. Today’s Obama-Geithner rescue plan is just the reverse."

Han tar också upp svenska bankers roll i Lettland:

"... Latvia is a poster child for this kind of disaster. Its recent agreement with Europe is a case in point. To help the Swedish banks withdraw their funds from the sinking ship, EU support is conditional on Latvia’s government agreeing to cut salaries in the private sector – and not to raise property taxes (currently almost zero)."