Is the $85 Billion printed by the US Fed each month flushing money into the top corporations so they can go out and splurge on asset purchases in Australia – with money printed out of thin air? In Oz the average citizen actually has to work to earn dollars and buy things. Featuring analyst and commentator, Greg Buck.
(Original video posted here – http://www.youtube.com/watch?v=IJTiDLPlbGM)
[…] Joe Hockey has identified $130 billion of Australian Federal and State assets worth selling off. He claims it won’t be selling the family Jewels. Dee McLachlan asks Financial commentator, Greg Buck, to make some sense of the asset purchases and asset sales of governments. As we move into a world of Corporatocracy it seems all our essential services are being moved to global corporations and putting us back into a system of feudalism, and as Greg says: “the one hand of government is buying crap from the private sector, while the other arm of government is selling the good stuff”. And we will be paying the bills. Watch Part 2 (Who Benefits) and also revisit our segment on “Is Australia For Sale” […]