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Dress Rehearsal For Debt Peonage — Dr. Michael Hudson _ on Guns & Butter

This show was broadcast on October 10, 2011.
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Dress Rehearsal For Debt Peonage — Dr. Michael Hudson
Why the banks are returning the bailout money; bank fees and penalties; banks prefer default to foreclosure; debt as wealth; Obama’s Financial Regulatory Reform Proposal and its six major flaws; the deregulation-by centralization ploy; failure to reform the economy will lead to debt peonage. Visit his website here.


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