Corona virus ‘bailout’ scam is $6 trillion giveaway to Wall Street

May 9, 2020 in News by RBN Staff

source: www.whtt.org
By Economist Michael Hudson

Comments by Chuck Carlson and WHTT Team

Michael Hudson is an economist, and he’s also a longtime Wall Street financial analyst. He is a professor of economics at the University of Missouri, Kansas City, and you can find his work at michael-hudson.com.

Michael Hudson writes: ”In China, they’re trying to create an alternative (to the USA plan which we will be discussing). China wants to break free from the United States”…”So our President is agitating the whole world, and isolating the United States. And when you isolate the United States, China realizes that what will be isolated is the neoliberal philosophy that is the cover story, the junk economics, that justifies all of these destructive policies.”

Hudson continues: “Only Israel and perhaps Saudi Arabia stand with us, and the latter sometimes weaver. The Wahabbi sect allows it to dominate and turn on fellow Muslim states, including Iraq, Iran, Libya, Syria…all of which reject Wahabism. So only Israel is entirely on Washington’s side. We live in the world’s evil center. Tonight we will talk about how, despite a $6 Trillion deficit in 2020, the U.S. faces a possible massive inflationary-depression for the first time.

Carlson comments: Let me summarize:  Micheal Hudson’s well-qualified account of how the plan of the World Bank and other international organizations, especially the Federal Reserve, is being carried out. We will learn, the FED is not part of the U.S. government, but is a global, bank-owned financial oligarch. It funds U.S. economic wars, not to mention shooting wars all over the world. We must first look at why China is the target nation for a supersized war that may kill million, mostly Chinese. This war is being planned in Washington as we speak. Our President blames China for the COVID-19 virus, as one of his excuses for war. There is a reason to believe it was created in a bio-warfare lab in North Carolina and sold to China!

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