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 29/05/2020 Tlaxcala, the international network of translators for linguistic diversity Tlaxcala's Manifesto  
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 EDITORIALS & OP-EDS 
EDITORIALS & OP-EDS / Towards a New World Order?
The global debt crisis and the privatization of the State
Date of publication at Tlaxcala: 19/04/2020
Translations available: Français 

Towards a New World Order?
The global debt crisis and the privatization of the State

Michel Chossudovsky

 

Has the pandemic been used to precipitate the world into a spiral of mass unemployment, bankruptcy and despair? 

There is a serious health crisis which must be duly resolved. And this is a number one priority.
But there is another important dimension which has to be addressed. 
Millions of people have lost their jobs, and their lifelong savings. In developing countries, poverty and despair prevail. 
 
While the lockdown is presented to public opinion as  the sole means to resolving a global public health crisis,  its devastating economic and social impacts are casually ignored.  
The unspoken truth is that the novel coronavirus provides a pretext to powerful financial interests and corrupt politicians to precipitate the entire World into a spiral of  mass unemployment, bankruptcy and extreme poverty. 
This is the true picture of what is happening.  Poverty is Worldwide. While famines are erupting in Third World countries, closer to home,  in the richest country on earth,
“millions of desperate Americans wait in long crowded lines for handouts”
“Miles-long lines formed at food banks and unemployment offices across the US over the past week”   

Read more...





Courtesy of GlobalResearch
Source: https://www.globalresearch.ca/towards-a-new-world-order-the-global-debt-crisis-and-the-privatization-of-the-state/5709755
Publication date of original article: 17/04/2020
URL of this page : http://www.tlaxcala-int.org/article.asp?reference=28716

 

Tags: World bankIMFNWOPrivatisationGlobalisationCapitalismCoronavirusEconomy
 

 
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