Ann Pettifor
👤 SpeakerAppearances Over Time
Podcast Appearances
We don't want your greenbacks.
Because what Nixon said was, we haven't got money to repay you in that way.
But what you can do is you can borrow one of our government bonds.
And if you hold that, we'll pay it over 30 years.
And, you know, so you'll get that in return for it.
And as I say in the book, it's like going to your tailor and saying, please make me a suit and paying your tailor.
And then your tailor paying you back again.
And you're thinking, well, God, if I've got that money again, I'll have another suit.
And that's how the Americans treated.
You know, we lent them money.
So they kept buying and consuming and consuming.
And eventually huge imbalances built up.
So you've got to start with Twitter and X, right?
So he pays crazy, crazy money.
Way over the odds.
Just to have the power of that platform, right?
And it's given him huge power, let's face it.
So what is he doing?
He's merging his companies to invest money effectively in Twitter, ultimately, to put some of their surplus into the deficit that Twitter's built up.