Guns and Butter

Guns and Butter

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“The Bubble Economy” with Paul Craig Roberts and Michel Chossudovsky. The three bubbles in the U.S. economy: the bond market, the stock market, and the dollar; a negative real interest rate; off-shoring of jobs; the Cyprus banking crisis where deposits are now considered risk capital; the effect of austerity measures; economics as taught in academia and as portrayed by the media.