Letter Re: Feedback on The American Empire is Bankrupt
JWR: I was puzzled by the piece by Chris Hedges (The American Empire is Bankrupt, from truthdig.com) that you linked to in Friday’s SurvivalBlog. There are two huge, crucial, inestimable, incredibly fundamental flaws in Hedges’ article: * One is his assessment of the primary cause of the American national bankruptcy, * The second is his conclusions as to who will be causing the greatest social disruption in our nation as that bankruptcy starts impacting our daily lives. First, the fundamental causes of the American bankruptcy. Hedges quotes heavily from an article from & interview by The Financial Times’ Michael Hudson. …