Wednesday, September 22, 2010

Address to the Brazilian council of economic advisers.


A succinct description of how economies are manipulated to transfer wealth to US banks.

"Indebted “host economies” are in a similar position to that of defeated countries. Their economic surplus is transferred abroad financially, while locally, debtors lose sovereignty over their own financial, economic and tax policy. Public infrastructure is sold off to foreign buyers, on credit and therefore paying interest and fees that are expensed as tax-deductible and paid to foreigners. "

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