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FROM 2009: In this flashback to the Economics 101 series, Michel Chossudovsky of globalresearch.ca explains the circular mechanism by which the banks become creditors of the very government that is bailing them out and thus leverage financial power over the political system itself.
The post FLASHBACK: The Bankster Bailouts (2009) first appeared on The Corbett Report.
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Source: The Corbett Report Read the original article here: https://www.corbettreport.com