[unable to retrieve full-text content]In this discussion, Michael Hudson argues that the real financial threat to the U.S. isn’t government debt but rather private debt, especially the student debt crisis, which is exacerbated by policies that prevent bankruptcy relief. He explains that government debt, particularly U.S. Treasury securities, is actually a highly sought-after asset globally, held by foreign central banks and wealthy investors, and is unlikely ever to be fully repaid. Hudson emphasizes that the U.S. can print money to cover its debts, creating an illusion of financial risk that doesn’t truly exist.
The post Debunking U.S. Bankruptcy Myths first appeared on Michael Hudson.

[unable to retrieve full-text content]Explore how the papacy’s war financing and the transformation of usury into interest reshaped Christianity and led to the rise of modern fiscal states and powerful banking families.
The post Reshaping Christianity and the Modern State: A Journey from Usury to Fiscal Power first appeared on Michael Hudson.

[unable to retrieve full-text content]Brian: All right, Nate, we’ve done it. This is the System Failure Podcast number 50, and it’s an exciting one. Nathan: Yeah, number 50. Yeah, that’s impressive, Brian. That means we’ve been at this for more or less a year now, which is pretty exciting. And I love the idea that for episode number 50, Continue Reading
The post How Rome Reversed Christianity: from Compassion to Control first appeared on Michael Hudson.

[unable to retrieve full-text content]KARL FITZGERALD: Welcome, everyone. Welcome to another quarterly Patreon session with Michael Hudson, Professor Michael Hudson, author of over a dozen books, including his latest, The Temples of Enterprise. My name’s Karl Fitzgerald. I’ll be your host today. I’m an economist based in Australia that has changed three taxes, protecting communities from speculative overreach. Michael, Continue Reading
The post The Way to Avoid Tearing Society Apart first appeared on Michael Hudson.

[unable to retrieve full-text content]The stock market crashed on August 5, in a new “Black Monday”. What caused it? Is the USA on the verge of a new financial crisis? Ben Norton is joined by economist Michael Hudson to discuss the extreme volatility, AI / Big Tech bubble, Japanese yen carry trade unwind, Chinese economy, and geopolitical dangers. Video Continue Reading
The post Volatility Unwound first appeared on Michael Hudson.

[unable to retrieve full-text content]Nima, Michael Hudson and Richard Wolff, “Financial Colonialism,” Dialogue Works, August 1, 2024. “The Shocking Truth Behind the End of Financial Colonialism!” NIMA: Let’s start with the conflict right now in the Middle East. How do you find it right now? What’s going on, Michael, in your opinion, in the Middle East? MICHAEL HUDSON: I Continue Reading
The post The End of Financial Colonialism first appeared on Michael Hudson.

[unable to retrieve full-text content]RADHIKA DESAI: Hello and welcome to the 31st Geopolitical Economy Hour, the show that examines the fast-changing political and geopolitical economy of our time. I’m Radhika Desai. MICHAEL HUDSON: And I’m Michael Hudson. RADHIKA DESAI: And working behind the scenes to bring you our show every fortnight are our host, Ben Norton, our videographer, Paul Continue Reading
The post Quality of Debt Counts first appeared on Michael Hudson.

[unable to retrieve full-text content]Danny Haiphong, ISRAEL JUST CROSSED HEZBOLLAH AND IRAN’S RED LINE: WWIII LOOMS | MICHAEL HUDSON & JILL STEIN, July 31, 2024. Economist Michael Hudson (follow at https://michael-hudson.com/) and Green Party Presidential Candidate Dr. Jill Stein (https://www.jillstein2024.com/) join the program for a special livestream on the US elections and geopolitics! This stream will dive into the Continue Reading
The post US Complicit: Israel, Aid and the Congressman’s Circular Flow first appeared on Michael Hudson.

[unable to retrieve full-text content]Luca Placidi: Welcome, everybody. It is a great pleasure and honor to have with us today Professor Michael Hudson. For those who still do not know him, Michael is a professor of economics at the University of Missouri-Kansas City, and he is a researcher at the Levi Economics Institute at Bard College. Just to mention Continue Reading
The post Barbarism or Civilization first appeared on Michael Hudson.

[unable to retrieve full-text content]Nima interview July 12 2024 World Shaking Up! Epic Political & Economic Earthquakes, Dialogue Works, July 12, 2024. NIMA ROSTAMI ALKHORSHID: Michael, let’s get started with the SCO summit. And right after that, we’re having the NATO summit. It seems that NATO is fighting on behalf of the United States to try to preserve the Continue Reading
The post All Of Our Wealth Has Been Coming From You first appeared on Michael Hudson.

[unable to retrieve full-text content]Geopolitical Economy Report #30 NATO vs voters: How the West’s warmongering threatens democracy and the Global Majority. July 12, 2024. RADHIKA DESAI: Hello and welcome to the 30th Geopolitical Economy Hour, the show that examines the fast-changing political and geopolitical economy of our time. I’m Radhika Desai. MICHAEL HUDSON: And I’m Michael Hudson. RADHIKA DESAI: Continue Reading
The post NATO Focus: From Defensive to Offensive first appeared on Michael Hudson.

[unable to retrieve full-text content]Recorded June 8, 2023 Karl Fitzgerald: Welcome everyone to another Patreon Q&A session. Great to have you here. And as always, we’re with Professor Michael Hudson, author of so many books, so many podcast interviews, you name it, he’s out there telling us what’s going on in the world and it’s great that we get Continue Reading
The post Gold as the Peace Currency first appeared on Michael Hudson.

[unable to retrieve full-text content]The July 4 landslide defeat of the neoliberal pro-war British Conservatives by the neoliberal pro-war Labour Party poses the question of just what the media mean when they describe the elections and political alignments throughout Europe in terms of center-right and center-left traditional parties challenged by nationalist neo-fascists. Political differences between Europe’s centrist parties are Continue Reading
The post The Need for a New Political Vocabulary first appeared on Michael Hudson.

[unable to retrieve full-text content]US Cryptocurrency as an Offshore Banking Center 
The Wall Street Journal ran a revealing op-ed today (June 14, 2024) by Paul D. Ryan, “Crypto Could Stave off a U.S. Debt Crisis.”

Mr. Ryan, libertarian Republican House Speaker 2015-2019 and now at the right-wing American Enterprise Institute, writes that: “Stablecoins backed by dollars provide demand for U.S. Continue Reading
The post Kleptocracy is Us first appeared on Michael Hudson.

[unable to retrieve full-text content]A new monthly column for German newspaper Zeiss. Ever since World War II, U.S. trade strategists have based their international policy on control of two key commodities: oil and grain. Economically, they have been the mainstay of the U.S. balance of payments, the leading categories of export surplus (along with weapons), especially as the U.S. Continue Reading
The post Agricultural Imperialism in the EU first appeared on Michael Hudson.

[unable to retrieve full-text content]Fighting Russia & China to Last American: Destroying US From Within Dr. Jill Stein & Michael Hudson 
 NIMA ROSTAMI ALKHORSHID: Today we’re going to talk with Dr. Stein, 2024 presidential candidate in the United States and her policy advisor, Professor Michael Hudson. And we’re going to talk about Ukraine, Taiwan, Israel, and domestic policy Continue Reading
The post The Black & White of Elite Imperialism with Jill Stein first appeared on Michael Hudson.

[unable to retrieve full-text content]In this work he totally demolishes the myth that money developed from a need to simplify barter transactions. Instead, money developed as a complement to credit/debt relationships …
The post Temples of Enterprise first appeared on Michael Hudson.

[unable to retrieve full-text content]Living within your means is considered a virtue in many cultures, with one notable exception – the United States, whose public debt grows by roughly a trillion dollars every 100 days and is projected to continue doing so for the next few decades. In the past, it helped to sustain the so-called American lifestyle, but Continue Reading
The post Owing the US a Living? first appeared on Michael Hudson.

[unable to retrieve full-text content]“Have you no sense of decency?” The recent Congressional hearings leading to a bloodbath of university presidents brings back memories from my teen-age years in the 1950s when everyone’s eyes were glued to the TV broadcast of the McCarthy hearings. And the student revolts incited by vicious college presidents trying to stifle academic freedom when Continue Reading
The post Universities as Tentacles of the Police State first appeared on Michael Hudson.

[unable to retrieve full-text content]  Nima April 22, 24 Michael’s notes from this important interview. Watch the geo-political markers. 1A. US student and voter opposition to the US-Israeli genocide.  The breaking news here in New York City today are the mass protests at Columbia University, New York University and the New School opposing the genocide in Gaza. The protests Continue Reading
The post Gaza – Civilization will Win over Barbarism first appeared on Michael Hudson.

[unable to retrieve full-text content]RADHIKA DESAI: Hello and welcome to the 27th Geopolitical Economy Hour, the show that examines the fast-changing political and geopolitical economy of our time. I’m Radhika Desai. MICHAEL HUDSON: And I’m Michael Hudson. RADHIKA DESAI: And working behind the scenes to bring you our show every fortnight are our host, Ben Norton, our videographer, Paul Continue Reading
The post Jill Stein: Splitting the Pro-Imperial Vote first appeared on Michael Hudson.

[unable to retrieve full-text content]​PROF. MICHAEL HUDSON, THE TRUTH ABOUT THE DESTRUCTION OF GAZA. – Ania K   ANIA: Hello, everyone. Welcome back to my channel. Today I have with me for the fourth time, I’m still counting, a very, very special guest, one of the best professors in economics and financial analysts in the world. And I’m very Continue Reading
The post Gaza: The Strategic Imperative first appeared on Michael Hudson.

[unable to retrieve full-text content]  RADHIKA DESAI: Hello and welcome to the 26th Geopolitical Economy Hour, the show that examines the fast-changing political and geopolitical economy of our times. I’m Radhika Desai. MICHAEL HUDSON: And I’m Michael Hudson. RADHIKA DESAI: And working behind the scenes to bring you our show every fortnight are our host, Ben Norton, our videographer, Continue Reading
The post Free Speech and Platform Media first appeared on Michael Hudson.

[unable to retrieve full-text content]Hudson Patreon Q&A 2023Q4 – Dec 8 Support Michael’s incredible work by becoming a Patreon. He needs it now more than ever (read below) KARL FITZGERALD: All right, well let’s get into it. Okay. Welcome everyone to our final Q&A session for 2023. Always good to be with you. My name is Karl Fitzgerald, I Continue Reading
The post Watching the World Divide in Half first appeared on Michael Hudson.

[unable to retrieve full-text content]  A new transcription of an earlier recording. One of the first interviews where Michael talked about the Ancient Near East. KARL FITZGERALD: 3CR, radio that’s independent, progressive and making a difference. And welcome to The Renegade Economist with your host, Karl Fitzgerald. This week, we’re stepping back in time, way back some 10,000 years Continue Reading
The post Labour in the Ancient Near East first appeared on Michael Hudson.

[unable to retrieve full-text content]As published in Berliner Zeitung. The dismantling of German industry since 2022 is collateral damage in America’s geopolitical war to isolate China, Russia and allied countries whose rising prosperity and self-sufficiency is viewed as an unacceptable challenge to U.S. hegemony. To prepare for what promises to be a long and costly fight, U.S. strategists made Continue Reading
The post Germany as Collateral Damage in America’s New Cold War first appeared on Michael Hudson.

[unable to retrieve full-text content](China Part 2/2) RADHIKA DESAI: Hello and welcome to the 25th Geopolitical Economy Hour, the show that examines the fast-changing political and geopolitical economy of our time. I’m Radhika Desai. MICHAEL HUDSON: And I’m Michael Hudson. RADHIKA DESAI: And working behind the scenes to bring you our show every fortnight are our host, Ben Norton, Continue Reading
The post China in Charts first appeared on Michael Hudson.

[unable to retrieve full-text content]RADHIKA DESAI: Hello and welcome to the 24th Geopolitical Economy Hour, the show that examines the fast-changing political and geopolitical economy of our time. I’m Radhika Desai. MICHAEL HUDSON: I’m Michael Hudson. RADHIKA DESAI: And working behind the scenes to bring you our show every fortnight are our host, Ben Norton; our videographer, Paul Graham; Continue Reading
The post China: Local Flowers Bloom first appeared on Michael Hudson.

[unable to retrieve full-text content]Robinson Erhardt discussion, March 10 ,2024 Michael Hudson discusses his work Robinson: Michael, I read in your book, Killing the Host, that you decided to become an economist after meeting one named Terrence McCarthy, who explained to you why financial crises tend to occur in the autumn after crops are harvested. And this was an Continue Reading
The post Economics as a Form of Art first appeared on Michael Hudson.

[unable to retrieve full-text content]RADHIKA DESAI: Hello and welcome to the 23rd Geopolitical Economy Hour, the show that examines the fast-changing political and geopolitical economy of our time. I’m Radhika Desai. MICHAEL HUDSON: And I’m Michael Hudson. RADHIKA DESAI: And working behind the scenes to bring you this show every fortnight are our host, Ben Norton; our videographer, Paul Continue Reading
The post Europe’s Loss is America’s Gain first appeared on Michael Hudson.