Michel Chossudovsky - Global Quotes

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The experience of Somalia shows that famine in the late 20th century is not a consequence of a shortage of food. On the contrary, famines are spurred on as result of a global oversupply of grain staples.

Michel Chossudovsky

Global poverty is an "input" on the supply side; the global economic system feeds on cheap labor.

Michel Chossudovsky

A new global financial environment has unfolded in several stages since the collapse of the Bretton Woods system of fixed exchange rates in 1971.

Michel Chossudovsky