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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.

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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