Video: Flashback: The Bankster Bailouts (2009). James Corbett and Michel Chossudovsky

By Prof Michel Chossudovsky and James Corbett
Global Research, April 03, 2024
The Corbett Report 27 August 2022

Url of this article:
https://www.globalresearch.ca/video-flashback-bankster-bailouts-2009/5853806

All Global Research articles can be read in 51 languages by activating the Translate Website button below the author’s name (only available in desktop version).

To receive Global Research’s Daily Newsletter (selected articles), click here.

Click the share button above to email/forward this article to your friends and colleagues. Follow us on Instagram and Twitter and subscribe to our Telegram Channel. Feel free to repost and share widely Global Research articles.

Global Research Referral Drive: Our Readers Are Our Lifeline

***

[This interview was conducted in 2009 at the height of the 2008-2009 economic crisis.]

In this flashback to the Economics 101 series, Michel Chossudovsky of globalresearch.ca explains the circular mechanism by which the banks become creditors of the very government that is bailing them out and thus leverage financial power over the political system itself.

Note to readers: Please click the share button above. Follow us on Instagram and Twitter and subscribe to our Telegram Channel. Feel free to repost and share widely Global Research articles.

Disclaimer: The contents of this article are of sole responsibility of the author(s). The Centre for Research on Globalization will not be responsible for any inaccurate or incorrect statement in this article.