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):
Monday: Home Builder Survey, NY Fed Mfg
4 hours ago