US Black Debt Hole: 'We want you all bankrupt!'

There is no possibility of agreement at the upcoming G20 summit because the U.S. is declaring financial war on other countries, believes American economist Michael Hudson. The U.S. has been pushing China to revalue its currency -- at a time when Washington has been pumping billions of dollars into its economy -- a move viewed by other countries as an attempt to deliberately weaken the greenback. The issue of exchange rates is expected to be one of the toughest discussion points at the G20 summit in South Korea later this week. Michael Hudson, a renowned economist and Wall Street financial analyst and advisor, says the meeting in Seoul will not bring an end to global currency wars. "The U.S. is going to China and saying 'we want you to commit economic suicide just like Japan did. We want you to follow the same way: we want you to re-value your currency, we want you to squeeze your companies, we want you to go bankrupt so we can make our profit at your expense," says Hudson.
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[stanczyk11111]

.. it's 2013 now and and is getting much worst ...

[LeCutter]

A trillion dollars a year on the military-industrial complex/intelligence apparatus is insane by any measure. The US spends 10 times more on this per year than the rest of the world combined. Tell me the US taxpayer isn't being bent over the public trough while these pigs roger them and have their snouts firmly planted in that trough.

[Adam Brunt]

nice interview i miss lauren on rt

[yanikv]

...And they are doing, and will continue to do nothing. Evil won.

[dmann977]

"The only thing evil men need to triumph is for good men and Women to do nothing…

[HerenuiKAHA]

It's still free lunch for the US today...

and the world will get it pretty soon...

[bluewave8119]

Don't matter who jumps the World already jumped. Money is a scam. So is governments. Military is nice just wish everyone was on the same side and a soldier.

[bluewave8119]

It's an absolute nightmare. I think the military should declare a national state of emergency, end the fed and help everyone get a farm system going of independence. Because the prepper movement is not a joke of just going off the grid and never to return. Some of us age 25-30 have been balled up with 50-55 year old psychopaths. They are crazy, strapped, while we are weak and have been literally eaten alive!

[Evancho Jackie]

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