Sunday, September 13, 2009

Michael Hudson: How Europe scammed Latvia

There was a plan in place by Western Europe to fleece Latvia. Michael Hudson details how they did it through a flat tax policy and having the banks be the central planners. The plan was to take any disposable income from Latvians and transfer to the Western banks. Latvians thought their standard of living would increase after adopting ideas and plans from the Central European Committees but all they got was colonization. Suffering is not crises. Crises happens when people wake up, fight back, and expect change for the better to occur.

[Youtube] Michael Hudson: How Western Europe conned Latvia (Playlist Parts 1-14)

Click the link above to play all 14 parts.

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