Monday, October 21, 2013

QE, Neofeudalism and Privatisation

Here's Michael Hudson, explaining economics very clearly:

http://www.extraenvironmentalist.com/2013/10/16/episode-67-bubble/

I think there are some economists who will be wanting to hide their faces for not seeing this present situation coming. It has been 'the Emperor's Clothes' all over again, and very clear from some distance, but not, I suppose, if you're up too close?

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