Tag Archives: Financial Parasites

The Great Ponzi Scheme of the Global Economy

By Michael Hudson and Chris Hedges Source: CounterPunch CHRIS HEDGES: We’re going to be discussing a great Ponzi scheme that not only defines not only the U.S. but the global economy, how we got there and where we’re going. And with me … Continue reading

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Financial Predators and Parasites Want to Live, Regardless of the Cost

By Charles Hugh Smith Source: Of Two Minds Reform is impossible in a system optimized for centralized power and financial predators and parasites. The problem with optimizing private gain by any means available is you also optimize financial predators and … Continue reading

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