William Greider, “Market Orthodoxy is Breaking Down”
“…We’re borrowing hundreds of billions of dollars every year from our rivals in Asia and Europe to finance our consumption…”
[youtube e9oJ36bZjT4 The System is Down… The System is Down…]
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[…] • The entire US economy itself operates at a massive deficit. How does it pay for things? It borrows money from rivals like China. (William Greider hits this in “Market Orthodoxy is Breaking Down?” ) […]