Guns and Butter, for July 13, 2011 - 1:00pm
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"Guns, Finance and Butter - Finance Is the New Mode of Warfare" with Dr. Michael Hudson. The jobless recovery; the debt ceiling and default; China; Greece; banks, not countries, receive the bailouts; financial warfare; IMF and EU; European Central Bank; US credit default swaps; US agricultural exports create food dependency; currency devaluation devalues the price of labor; class war of banks against the rest of society.