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VIDEO: THE GLOBAL FINANCIAL CRISIS -

Montreal Lecture: The Great Depression of the 21st Century
Michel Chossudovsky discusses the causes and consequences of the financial meltdown and who is behind it.

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VIDEO: THE GLOBAL FINANCIAL CRISIS - Montreal Lecture: The Great Depression of the 21st Century

Global Research
Friday, January 23, 2009

Michel Chossudovsky discusses;

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.

Research related articles:

1. THE GLOBAL FINANCIAL CRISIS: The Great Depression of the 21st Century
2. How Could It Be Worse Than the Great Depression When We Have So Many “Modern Tools” to Address the Crisis?
3. Bernanke says crisis ‘no comparison’ to Great Depression
4. Nobel Prize Winning Economist: Crisis As Bad As Great Depression Or Worse
5. US in ‘once-in-a-century’ financial crisis : Greenspan
6. A Recipe for the Next Great Depression
7. We saw the ‘crazy’ mortgages but failed to spot dangers of debt: Bank chief’s startling admission on financial crisis
8. Soros Compares Mishandling Of Current Crisis To Great Depression
9. UCLA Economists: Government Intervention Prolonged Great Depression
10. Renowned economist Mikhail Khazin : U.S. will soon face second “Great Depression”
11. US debt triggered global crisis
12. The Fed’s Response to the Financial Crisis: More of the Hair of the Dog That Bit Ya