It’s Our Money with Ellen Brown - And Forgive Them Their Debts
The backdrop of debt is so ubiquitous that we seldom stop to think about what devastation it causes in our personal and public lives. Today’s guest, world-renown economist Dr. Michael Hudson, knows. Debt’s role in destroying economies and nations dates back to ancient times when rulers understood that public debt needed to be periodically forgiven in order to maintain order and economic stability. But today conditions have actually gotten worse as the uber-powerful financial elite the world over prey on the worker economy for the sake of personal profit, infiltrating government decision-making that keeps them and their profits in control. It’s a sobering assessment not to be ignored and a wake-up call for citizen education and action.
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