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The Atlantic slave trade: What too few textbooks told you – Anthony Hazard

Summary:
How the Western ruling elite made their wealth, and today with that wealth they are buying up the World. They call it free trade, liberalisation, capitalism, and democracy, and convince people it is about the protestant work ethic, a reward for hard work, but it's more like a game of monopoly where the winners get an exponential rise in wealth with less and less effort.  In fact, with hardly any effort at all when the slave trade made them their enormous wealth to start with.And then Western banks create the money out of thin air for next to nothing and the elite can go on a massive buy up with that.  One day, western oil companies may get to own Venezuelan's oil too, and the Venezuelan people will get nothing.This is a very sad video clip. The brutality is horrendous, and Africa remains

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How the Western ruling elite made their wealth, and today with that wealth they are buying up the World. They call it free trade, liberalisation, capitalism, and democracy, and convince people it is about the protestant work ethic, a reward for hard work, but it's more like a game of monopoly where the winners get an exponential rise in wealth with less and less effort.  In fact, with hardly any effort at all when the slave trade made them their enormous wealth to start with.

And then Western banks create the money out of thin air for next to nothing and the elite can go on a massive buy up with that.  One day, western oil companies may get to own Venezuelan's oil too, and the Venezuelan people will get nothing.

This is a very sad video clip. The brutality is horrendous, and Africa remains a broken continent today because of what the Europeans and the Americans did.


Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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