'Arab Spring scapegoat for debts US can't pay off"

In the US, the finances aren't faring much better than on the Continent. But now President Obama has found someone to saddle with the blame. He claims the Arab world uprisings are shaking western economic foundations because of hiked oil prices. Let's see what current affairs editor Michael Jones makes of this, from Culture Magazine.


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Category:

News & Politics

Tags:

• RT
• Anissa Naouai
• Michael Jones
• Obama Arab Spring
• US Arab Spring support
• Arab world uprisings
• Arab revolutions
• capitalism
• State debt
• debt crisis
• US
• economy
• Islamic world
• oil price
• western economies crisis
• US terrorism

[jbrider555]

Capitalism doesn't cause the debt. It's the Federal Reserve banking system printing the money + interest. And don't confuse capitalism with corporatism. It's corporatism that needs to go.

[jorgedefoe1]

there is no problem because MODERN DEBT IS ONLY FICTIONAL DIGITAL CREDITS.

Mass world default on the fiat debt , then each country establish an asset based currency indepandant or the euro and US dollar and impliment local social banking.

Problem solved.

[patwxdaddy]

How bias is this guy, the tea party is exploiting the situation by calling it to attention as serious??? So he thinks the Democrats the Republicans AND the Libertarians are all bad? That's just bitching for the sake of being a little bitch. You should know better RT!

[akkadianarab]

The RT is such a propaganda piece

[NickyAmerica]

It's not capitalism.

It's croney capitalism.

[Fridaey13txhOktober]

As Fox News stated, Blamer-In-Chief.

Obama and the medias just need to repeat their lies, no matter how outrageous, until the majority believes it.

[jimiydoorshamelech]

@CyberDruidtheModGod

Youtube: Arab Spring Prediction

[CyberDruidtheModGod]

OMG where do you get all these weird looking people to interview? This guy looks like a damn zombie. How do you expect people to take RT seriously when you always pick the weirdest fringe "experts" with no real credentials?

[blackbolt75]

If Obama follows this guy's advise the bankers are going to ruin him or kill him.

[gorrellp]

@dave19941000 You obviously don't know much about what you are saying. Corporations have only been considered legal chartered entities since the 1700's... Even though ancient societies used to promote "corpus" meaning a body of people. There has only been very few in existence until modern civilization. So however do you back your opinion? You have no proof of it being capitalism at fault. Corporatism is when the "Government" fails and intervenes in the market place to create unfair conditions.

[veniceit1]

World financial collapse may be imminent as the huge bankster ship loaded with humanity approaches the ice berg at full speed with no response from the rudder.