Towards a New World Order? The Global Debt Crisis and the Privatization of the State

Has the Pandemic Been Used to Precipitate the World into a Spiral of Mass Unemployment, Bankruptcy and Despair?

by Prof. Michel Chossudovsky
Global Research

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,

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