• 12:55 - 16:38
Ellen Brown | Bankster Thugs, The Web of Debt, & The Public Banking Solution
Shale Oil Crisis, Junk Bonds, and Economic Warfare
Ellen Brown analyzes the collapse of oil prices and its impact on the U.S. shale industry and pension funds invested in energy junk bonds. She suggests that the price drop was a result of geopolitical manipulation involving Secretary of State John Kerry and Saudi Arabia to weaken economic competitors. This strategy is characterized as economic warfare, using sanctions and market flooding to target the populations of Russia, Iran, and Syria.