Serfdom

Posted by M ws On Tuesday, April 9, 2013 0 comments
According to Charles Hugh Smith: 

Debt-serfdom and the dominance of Financial Power are two sides of the same coin.

Let's be clear about three things:

Too Big to Fail financialization is the metastasizing cancer that has crippled democracy and capitalism.

Financialization feeds on expanding debt and cannot survive without it.

Debt is serfdom.

READ MORE ABOUT IT HERE.

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