Economic Update on WBAI Dec 10
Updates on latest European Summit as attempt of top 1% to impose austerity on 99% and Michigan's parallel attempt to impose austerity on Detroit; corruption scandals at Wachovia Bank and MF Global Brokerage. Interview with Victor Wallis on ecology and economics comparing capitalist and socialist responses to environmental crisis. Response to question on implications and lessons from Lehman Brothers Bank's bankruptcy, 2008 through 2011.
WBAI Economic Update December 10th, 2011
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