At the Mercy of the Big Banks

At the Mercy of the Big Banks by Greg Reese In 1975 New York City was over eleven billion dollars in debt. And the banks were no longer there to bail them out. Instead, the bankers made them sweat, never showed up to the meeting, and then created a committee that they controlled so that the banks could manage the city directly. This has been brilliantly documented in the Adam Curtis film, ‘Hypernormalisation’. That was nearly fifty years ago. And so you can be sure that …Source

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