Hudson talks about Latvia and the conditions imposed upon it by the IMF. Shocking revelation of how the IMF lends knowing that the country cannot pay… sound familiar? Countries would be smart to tell the IMF to pound sand, that’s just me. Control via debt - get used to it fellow debt peon…
Michael Hudson Part I (6:50):
Michael Hudson Part II (4:41):
Asia Watch ( February 27 , 2015 ) - China sees yuan fall to 2 year low as deflation exportation becomes a word for the day ( dollar strength hits emerging market currencies ) ....... Japan also fighting battle against deflation ( and losing ) , joblessness , retail sales slump , household spending falls , kickback scandal - Abenomics dead ?
38 minutes ago