Clean Start Video: Ann Pettifor
Ann Pettifor, Director of Advocacy International and co-founder of Jubilee Debt Campaign, starts by focusing on two recent examples of fraud that encapsulate the greedy financial practices of the last three decades: David Ross of Carphone Warehouse and US scamster Bernard Madof.
How the Left must seize this opportunity, as the intellectual ice floes break up - and how Nixon’s US led us away from gold and into the brave new world of credit bubbles.
How the US wrote an IOU to the world and exploited its power as the world’s biggest debtor – and why China played along.
Why we have to make a clean start with entirely new financial architecture in order to stop one bubble being blown up after another.