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Published on Apr 25, 2012
In this 13 minutes presentation, I argue that there is a simple way out of the debt crisis facing governments. Central banks such as the European Central Bank and the Bank of England should be forced to lend governments enough money to pay off the entire debt to the banking system. Expect massive resistance from the bankers, who have extracted a massive €5.6 trillion in interest charges from Europe's taxpayers since 1995. They will fight to keep this gravy train on the rails.