The jobless recovery; the debt ceiling and default; China; Greece; banks, not countries, receive the bailouts; financial warfare; IMF and EU; European Central Bank; US credit default swaps; US agricultural exports create food dependency; currency devaluation devalues the price of labor; class war of banks against the rest of society. 

Aired: July 13, 2011

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Finance As the New Form of Warfare - Michael Hudson, #233

Guns and Butter investigates the relationships among capitalism, militarism and politics. Show list: http://gunsandbutter.snappages.com/archived-show-list.htm.  

Maintaining a radical perspective in the aftermath of the September 11th attacks, Guns and Butter reports on who wins and who loses when the economic resources of civil society are diverted toward global corporatization, war, and the furtherance of a national security state. Subscribe free to the newsletter at: http://www.gunsandbutter.org/membership.htm