Lays out the ground work to show how an Orwellian economy is now being taught as real.
The American economy as explained by mainstream, is truly science-fiction.
To understand this, you have to know what real classic economics is about.
Not the economics being taught in schools and colleges.
Sound bites won’t get it. But this two part video should do it for you.
2 Likes
Again[especially in Part Two] Michael Hudson is talking to hosts educated by mainstream economists, and has to correct the hosts on their “understanding” of the economy. Absolutely love this unwinding of Orwellian thoughts and double-speak. Kudos to the hoists to ask the “stupid” questions, thinking they’re brilliant, instead of brainwashed idiots. I give them excellent marks to ask those questions, that their mainstream education impels to.
I watched both parts of the video. My take away was when debt became a hindrance politically or economic the solution was to forgive and write off it off or revolt.
Those solutions cannot be used today when laws, surveillance technology, state force and so many “brainwashed and participating” in maintaining the status quo refuse to see a third way.
1 Like
Good analyses.
Also, the whole establishment is teaching fiction economics; they" know the fiction works against both the interests of the country, and the people.
But, it works for the banksters. They’re blackballing the real economists from jobs, including teaching. Much like they did with the GMO’s; when the science was being presented to the world[Seeds of Destruction by F. William Engdahl].