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Michael Hudson: Oligarchs Will Never Cancel Debts We Owe Them

This short video explains the history of debt jubilees and the role of private debt in the rise of oligarchies.

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Michael Hudson sent this short video which explains the history of debt jubilees and the role of private debt in the rise of oligarchies. This is a useful piece in and of itself and as a tool for persuading friends and colleagues who may be ambivalent about debt restructurings.

Watch the full documentary here.

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