U.S. Exceptionalism - Prof. Michael Hudson

The drive by the United States to impose debt and trade dependency is the essence of today’s New Cold War shaped by active and often violent U.S. diplomacy. Charley Wilson’s famous phrase, “What’s good for General Motors is good for the country” has been transmuted into “What’s good for Wall Street is good for America.” When merged with evangelistic U.S. foreign policy, “What’s good for America is good for the world,” the logical syllogism is clear: “What’s good for Wall Street is good for the world.”