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There are growing signs that the United States may be on the verge of another major financial crisis, one that could start in the $3 trillion private credit market, which is already seeing significant turmoil, before spreading to other sectors.
Geopolitical Economy Report editor Ben Norton interviewed economist Michael Hudson to discuss the serious problems on Wall Street. Hudson warned that the US economy is built on a Ponzi scheme that depends on continuing to pour money into a bloated, bubbly financial system based on unsustainable speculation, not industrial production.
Check out our related short video about the private credit crisis on Wall Street: https://www.youtube.com/watch?v=S1cx9Zk6WZk
Topics
0:00 Introduction
1:37 Highlights of Michael Hudson
3:29 Interview starts
4:18 2008 financial crisis
5:04 Zero interest-rate policy (ZIRP)
7:31 Private equity
9:17 Lack of investment
10:34 Wealth inequality
12:08 Debt defaults
14:10 Depression fears
16:12 US govt supports Wall Street
19:07 Ponzi schemes
23:51 US economic problems
27:35 Iran war impact
30:16 Financialization of economy
33:46 Outro
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Part 2 of Gullah Redemption Mission Sierra Leone's (GRM-SL) visit to Njama Kowa village in Moyamba to discuss the Tools & Seeds Project.
Sign the petition to help us write OURSTORY and pave the way for us all.
Link to sign: https://www.change.org/GullahCitizenshipSL
Join The Organization: https://gullahleone.org/gnona-........individual-regis
Grab some merchandise: https://teespring.com/stores/gullah-leone-store
Gullah Geechee have a unique historical, kinship, and cultural connection to Mama Salone (Sierra Leone) and we believe that it is time for us to request and receive our dual citizenship in this beautiful country where thousands of our ancestors were stolen away from and hundreds repatriated to found the modern capital city of Freetown.
Nestled on the Caribbean Sea, Jacmel is a small harbor town known for preserving Haiti’s rich culture and arts. Its vibrant carnival endures every storm and crisis, showcasing the resilient spirit of its people.
The town bursts with life through popular dances like Rara and various rural events, where the community comes together to celebrate. Voodoo religion itself features multiple rhythms and dances, each telling a unique story and honoring ancestors.
Dancing in Jacmel is more than just movement; it's a way of conveying messages and narrating history. The Rara dance, originating from the Taino Indians, evokes memories of a harsh and complicated past for many Haitians. Today, it symbolizes the resilience and hope of a people living with their history while building their future.
Documentary: Islanders, Apart Together – Haiti: The Island of the Masks
Directed by: Alexandre Mostras
Production: Winds
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Steve Cokely (June 17, 1952 - April 11, 2012) was an American political researcher and lecturer who lectured nationally on political and economic issues relating especially to the African American community.
Steve Cokely was also a futurologist who commented extensively on water conservation, organic farming, and communal living. Cokely gave over 5,000 lectures on the topic of global warming and corporate conspiracies, the Trilateral Commission, The Bilderberg Group, Rothchilds, Rockefellers, Boule, etc.
Cokely's research delved into the history of Marcus Garvey, the Black Panthers and other areas of African-American history.
Cokely lectured at many college campuses nationally and was also known for his conspiracy theories involving the Black Male elite organization known as the Sigma Pi Phi and the Assassination of Martin Luther King Jr by the hands of Rev.Jesse Jackson and the C.I.A.
Cokely was assistant to the special committee on rules under Mayor Harold Washington. He gained notoriety when he served as special assistant to the former mayor of Chicago, Eugene Sawyer.
Cokely was criticized for teaching that Jewish doctors were using the AIDS virus in an attempted genocide against Africans. His comments created a nationally publicized controversy in 1988 and he was dismissed from his position as aide to Sawyer.
When in 1990 Illinois Governor James Thompson signed an agreement to open an Israeli Aircraft Industries plant in Rockford, Cokely was an outspoken opponent. He argued that Black leaders in Illinois should oppose Israeli war industries because of their military support for the Apartheid system in South Africa.
Cokely gained the national spotlight again in 1996 after he was scheduled to speak at "Our Roots Run Deep", a Black History Month lecture series in New York City hosted by the Warner Music Group. Also scheduled were Al Sharpton, Conrad Muhammad, Jimmy Castor, Hannibal Lokumbe and Dick Gregory. The Jewish Defense Organization objected, organizing a call-in campaign to Warner Brothers and threatening a boycott. The Anti-Defamation League and the New York Post also objected to Cokely (as well as Sharpton and Muhammad) speaking at the event. Warner removed Cokely and Muhammad without issuing a press release.
For more on this : http://knowledgeisking.ning.co....m/forum/topics/the-b
My goal for Ghana was/is to simply live and experience life, not as a tourist (as much as that is possible). The weekend gave me a nice dose of that!
Take a listen to my story and share your thoughts below!
More about me: https://sociatap.com/TryphenaWade
Check me out on IG: / tryphena_wade
#tryphenawade #globetrotter #travel #ghana #encouragement #lifelessons #restoration #christian #humility #accra #kumasi
https://egotickets.com/events/....iba-music-festival-2 inside a powerful AES conversation with Empress Ajé, creator of the ÌBÀ Music Festival, as she shares the vision, spiritual grounding, and cultural purpose behind this growing movement.In this rich discussion, Empress Ajé opens up about the meaning of ÌBÀ, the festival’s roots in Trinidad and Tobago, and why this year’s TriniGhana Experience is such an important bridge between Ghana and the historic diaspora. She speaks on honoring the ancestors, uplifting the divine feminine, and using music, performance, and community gathering as vehicles for deeper reconnection.This conversation also explores why the ÌBÀ Music Festival is a natural fit as an official D.O.O.R. event, and why repatriation must be understood as more than documents and logistics. It is also about spirit, belonging, cultural memory, exchange, and building real connection in community.From calypso and highlife to steel pan, ancestral chant, and the links between Ghana and Trinidad, this is a BlackCellent discussion for anyone interested in culture, music, repatriation, and the living ties between Black people across the world.Watch, share, and join the conversation.#empressaje #ibamusicfestival #door #abibitumi #aes #repatriation #trinighana #blackculture #diaspora #ghana #trinidadandtobago #culturalexchange #ancestralconnection #divinefeminine #blackpower https://egotickets.com/events/....iba-music-festival-2
Join us for an epic three-part series delving into the captivating history of the Mali Empire and the legendary rise of Mansa Musa, one of Africa's most renowned rulers. In Part One, we embark on a journey through time to explore the grandeur and significance of the Mali Empire.
From its humble beginnings to becoming a mighty West African power, we uncover the empire's political intrigue, cultural richness, and flourishing trade networks. Discover how Mansa Musa, a visionary leader, ascended to the throne and transformed the Mali Empire into a prosperous and influential force.
Prepare to be mesmerized by the tales of conquest, cultural achievements, and the legendary wealth that made Mansa Musa an iconic figure in history. Stay tuned for Part Two and Part Three as we delve deeper into Mansa Musa's remarkable pilgrimage and his enduring legacy. Subscribe now to join us on this immersive historical adventure!
Music Credits:
Arid Foothills - The Dark Contenent - Kevin MacLeod
Artifact - The Dark Contenent - Kevin MacLeod
is licensed under a Creative Commons Attribution 4.0 license. https://creativecommons.org/licenses/by/4.0/
Source: http://incompetech.com/music/r....oyalty-free/index.ht
Artist: http://incompetech.com