THE GLOBAL FINANCIAL CRISIS — Michel Chossudovsky Jan 2009, Montreal

LECTURE: THE GLOBAL FINANCIAL CRISIS — The Great Depression of the 21st Century with Michel Chossudovsky Causes and consequences of the financial meltdown; The speculative onslaught; Financial fraud and the “bank bailouts”; Bankruptcy of the real economy; Impacts on employment, wages and social services; Towards a spiralling public debt; The economic crisis and its relationship to the Middle East war; The centralization of corporate power; The concentration of wealth; The globalization of poverty. What are the policy alternatives?

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