
Origins of debt: Michael Hudson reveals how financial oligarchies in Greece & Rome shaped our world
Geopolitical Economy Report
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The Language of Democracy
Today we say with President Biden, any country where there's a strong leader that wants to build up living standards is a despotism. So you've had a kind of Orwellian turnabout of phrasing and where the Romans denounced kings for trying to protect the people. What means rule by a very centralized small oligarchy ruling class that maintains power by assassinating everybody who doesn't agree with it and doesn't agree to be colonized. We're living in a kind of inside out world, sort of like a mobius strip ending up on the other side of things as you go through everything.
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