Monday, 30 January 2012
Economic Collapse in the Western Nations - On the Edge with Max Keiser and Michael Hudson
Rather than bailing out the people (or insuring people's deposits) Governments are bailing out the banks with the people footing the bill for the bad investments. And the Banksters are stealing money outright - note the MF Global crime involving JP Morgan.
Hudson also talks about a return to the Gold standard system as Russia and China deal with Iran which helps to sink the paper funding driving the US War machine.
[Posted at the SpookyWeather blog, January 30th, 2012.]