Cause And Effect   
  →  2020-07-02 00:09 Europe/Stockholm

You are leaving likethai.com, continue?

         Yes


Remarks from the Systematic Crises
Unlike non-Western societies, unlike even China today, credit in Europe and America is privatized. The supply of credit, like money, should be a public utility. Just like public health should be a public utility. Just like roads and communication should be a public utility. Europe has let it be privatized in an aggressive, predatory way.

Europe is not a democracy anymore; it’s an oligarchy making itself into the same kind of hereditary aristocracy that occurred in classical antiquity.

- Michael Hudson

https://michael-hudson.com/2020/06/remarks-from-the-systematic-crises-triggered-the-current-pandemic-progressive-way-outs-teleconference/
 
www.LikeThai.com © 2007-2024