FOLLOW BOREME
 
TAGS
<< Back to listing
Richard Wolff explains the national debt

Richard Wolff explains the national debt

(6:11) American Marxian economist Richard Wolff explains how we got to austerity.

You can comment as a guest, but registering gives you added benefits

Add your comment
Submit as guest (your name)

Copy code captcha


Submit as member (username / password)

CANCEL
Guest: (550 days ago)

He didn't explain the effect of government borrowing from itself. It’s around 40% of all US debt.

ReplyVote up (101)down (99)
Original comment

He didn't explain the effect of government borrowing from itself. It’s around 40% of all US debt.

Add your reply
Submit as guest (your name)

Copy code captcha


Submit as member (username / password)

CANCEL
Guest: Christine.H (549 days ago)

He also did not mention the 40 billion Dollars a year we GIVE to Israel and they lend it out (at interest) back to our citizens!

ReplyVote up (98)down (101)
Original comment

He also did not mention the 40 billion Dollars a year we GIVE to Israel and they lend it out (at interest) back to our citizens!

Add your reply
Submit as guest (your name)

Copy code captcha


Submit as member (username / password)

CANCEL
Guest: (548 days ago)
Latest comment:

He also didn't mention how maintaining huge debt levels produces a approximate $500 billion per year trade deficit, for the last 40 years. Austerity in the USA is the only way forward whether they like it or not.

ReplyVote up (88)down (101)
Original comment
Latest comment:

He also didn't mention how maintaining huge debt levels produces a approximate $500 billion per year trade deficit, for the last 40 years. Austerity in the USA is the only way forward whether they like it or not.

Add your reply
Submit as guest (your name)

Copy code captcha


Submit as member (username / password)

CANCEL
RELATED POSTS
Amazon's plan for world domination
Amazon's plan for world domination
Sabotage at Tesla
Sabotage at Tesla
Should we tax the rich more?
Should we tax the rich more?
Brazil's geography problem
Brazil's geography problem
Elon Musk - Tesla is more than just a car company
Elon Musk - Tesla is more than just a car company