Comments by "Sciagurrato" (@sciagurrato1831) on "A new Third World debt crisis? The need for system change" video.

Ann doesn’t see the larger context that Michael and Radhika do. While Ann blames third world debt crises on the combination of Wall Street and governments, she blindly fails to see the same conjugate in the Ukrainian situation. Her failure to understand, combined with her piercing vocalization, make her contribution interesting but not adding much understanding to the deeper problem of western asset stripping capitalism across developed countries (eg US) but also countries like Ukraine.
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More accurately, finance capitalism.
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@fun_ghoul finance capitalism —profits leveraged through the banking system — has been the bedrock of industrial capitalism since the formation of the private Federal Reserve system in 1913. The point of industrial capitalism today is the taking of profits and sending them through the private banking system. Michael Hudson is the key writer in this area. In my career, I saw it first hand.
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@fun_ghoul always better to express thoughts clearly. No one laments 19th century British capitalism (except the City of London). But China practices “industrial capitalism” quite successfully.
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@fun_ghoul clean the puddle you left behind
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@fun_ghoul I’d send you a link for information but I can’t find the yyd.disch translation
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