The Mexican Revolution and the world w/Christina Heatherton | The Marc Steiner Show
The Real News Podcast
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Citibank - The Roots of Their Nefarious Profits
The roots of Citibank's profits lie in the 1840s, when a man named Charles Stillman tried to undermine Mexico and exploit them. "Baghdad, Mexico served as this illicit backdoor through which Confederate cotton produced by enslaved labor could be smuggled," he says. The punitive debt practices that these U.S. financiers develop in Mexico kind of prefigure the forms of punitive debt practices later dispatched by the U.S., you say.
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