"The World Bank has always been an arm of the US military" — Michael Hudson

 

"The World Bank has always been an arm of the U.S military and very often its president has been the former Defense Department head or a military head. The World Bank upon its founding had one basic purpose: to make sure that other countries did not produce their own food".

India & Global Left - 04/11/2022

Prof. Hudson speaks on the nature of US financial dominance, the role of World Bank in developing countries, USA's ability to run a huge balance of payment deficit, changes in Russia after the fall of the Soviet Union, the problems of US economy with post-industrialization, and the role of neoclassical economics in all this.

00:00 Highlight

00:55 Introduction

05:34 World Bank

18:51 US & Europe

21:09 US BOP deficit

32:45 Russia after USSR

50:20 US junk economy

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THIS Is The Real Reason Behind The Fall Of Boris Johnson

 

American Economic Illusions — Richard Wolff

 

Yukon Huang: Debunking Myths About China's Economy

 

The City of London Corporation — Richard Werner

                                              Activar subtítulos en español ↑

The City of London, the Corporation that runs it.

This is our subject: a secret state within a state, with deleterious effects on democracy, politics and economics in London, the country, and the world, for the City is joint headquarters with Wall Street of global finance capital. 
In short, 'Secret City' isn't just a film for Londoners - especially in these times of crisis, the role of the City concerns everyone everywhere.

The Square Mile