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Michael Hudson

“this sounds like a Ponzi scheme it is because it is the mother of all Ponzi schemes. A merry go around of Ponzi Austerity which, interestingly, left both the insolvent banks and the insolvent Greek state a little more… insolvent”

Michael Hudson, Killing the Host: How Financial Parasites and Debt Bondage Destroy the Global Economy
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Killing the Host: How Financial Parasites and Debt Bondage Destroy the Global Economy Killing the Host: How Financial Parasites and Debt Bondage Destroy the Global Economy by Michael Hudson
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