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Tag Archives: Junk Economics
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
Posted in Conspiracy, Corporate Crime, Corporate Welfare, Corruption, culture, Economics, Empire, Financial Crisis, History, Recession, Social Control, society, war
Tagged 1%, 99%, Adam Smith, Chris Hedges, Classical Economics, Debt, Financial Parasites, GDP, Goldman Sachs, Gross National Product, Junk Economics, Marx, Michael Hudson, military-industrial complex, Neofeudalism, Oligarchy, Plutocracy, wall street, war
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Desultory Heroics 