With Michael Hudson.

Parallels Martin North’s recent detailed report.

Nothing changes …..

During straitened economic circumstances, whilst many people have their heads down trying to make ends meet, banking and the 0.1% are busy working things to their own advantage.

Once, taxing wages was thought wrong, an impossibility; now we’ve come to consider it’s essential. Notice anything in the chart below …..? When did it occur? Whilst we weren’t looking? Like now?