Michael Hudson on the Desperation of Mordor

Michael begins by taking us on a long historical journey of what the United States was like after World War II compared to today. Today Mordor attacks other countries for their resources that they used to produce themselves.

Today its profits are not made on goods but on speculation and military interventions. The European rulers are helplessly on board but they have substantial worries about a financial bubble. Mordor attacks are based on a failure to produce.
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