The New Global Financial Cold War - Michael Hudson

[mountain_jim]

Hervé posted this article in another subforum that I thought was worth linking to here.

Dr. Michael Hudson. is a financial economist and historian. He is President of the Institute for the Study of Long-Term Economic Trends, a Wall Street financial analyst and Distinguished Research Professor of Economics at the University of Missouri, Kansas City. His 1972 book, Super Imperialism is a critique of how the United States exploited foreign economies through the IMF and World Bank. His latest book is Killing the Host: How Financial Parasites and Debt Destroy the Global Economy. Today we discuss his article, “The IMF Changes Its Rules to Isolate China and Russia.”

https://projectavalon.net/forum4/show...=1#post1049094

[TrumanCash]

You can listen to Michael Hudson's Guns & Butter interview here. Very informative.

[parcival]

One group of beings run everything. All is orchestrated. All players on the same team, consciously or unconsciously. Meaningless to react to these types of articles. Use your time to speed up your vibratory evolution.

[amor]

I have been following the maneuverings of the big banks and bankers in an effort to find out their final plans for us, all of which those on this site know already; however, one interesting tidbit seemed to complete the puzzle for me. The plan for the people of America and finally the rest of the world is to impoverish everyone through debt, lack of money on which to live, and for those with something in the bank, we are told the savings of people now belong legally to the BANK, this called BAIL INS. Then came along the information about the WAR ON CASH with banks refusing to give you your money, especially if it is a few thousand dollars. Incrementally, they are forcing people to deal only in computer units instead of cash. Now this means that if you sold your home to finance your retirement over time, THEY would be in a position to withhold your savings from you, starve you to death, claim everything you worked for in your life as a BAIL IN to pay for the fraudulent banking transactions where banks are actually making BETS on what INTEREST RATES would be and treating them as SECURITIES. This is what has resulted in debts in the quadrillions of dollars. These quantities are gambling games creating money out of computer entries which are UNRELATED TO HUMAN LABOR AND EXCHANGES OF SAME. We would be as enslaved under the CASHLESS setup as if we had death dealing implants in our bodies which could be turned off at THEIR WHIM! This is as great a threat as if terrorists were about to chop off your head. We must do something to stop this. MAKE VIRAL.