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Forthcoming budget that will destroy recovery


Well-known member
Oct 14, 2010
I cannot help but feel that we are being set up for a land grab by a criminal cartel. Our elected reps from across the spectrum appear to be bent on causing a double dip recession. This so that their close freinds in the financial sector who they have bailed out with our money can foreclose on loans to ordinary people and enrich themselves.

The economist in this video appears to be talking a good degree of truth. Can anybody state why he or I would be wrong to be thinking in this way?

[ame=http://www.youtube.com/watch?v=3pwAFohWBL4]YouTube - Six Minutes with the Renegade Economist - Michael Hudson Special...[/ame]