In part two of this episode, we're going to continue our discussion of the house of cards that is the international
financial system, the economic system. And in the second part we're going to talk about his book "Super Imperialism: The Economic Strategy of American Empire."
This is an incredible book. You know here at Moderate Rebels, Max and I frequently talk about the political and military side of imperialism. Michael Hudson just spells out, in easy-to-understand terms, how imperialism works at an economic level, how the US government and the Treasury, through the backing of military force, force countries around the world to buy US bonds, Treasury bonds, and how there's basically just a con scheme where countries pay for their own US military occupation through buying US Treasury bonds.
Michael Hudson explains that all in really simple terms. And we also talk about the rise of China, and how China does pose a so-called threat, in scare quotes, to not the American people but rather to the hegemony of the US financial system and the main financial instruments, the weapons that the US uses to maintain that hegemony, the International Monetary Fund, the IMF, and the World Bank.
And Hudson describes how, in his terms, the IMF, and the World Bank, specifically, are some of the most evil institutions that are really maintaining the American dictatorial, authoritarian chokehold on the global financial system.
If you want to support this program, Moderate Rebels, and the kind of independent interviews we do like this, giving a platform to some of these voices who you're never going to hear in mainstream corporate media, you can go to Patreon.com/ModerateRebels. Please consider supporting us. And definitely join us in part. See you soon.
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