[unable to retrieve full-text content]Gold demand has outstripped supply for years, yet prices remained stagnant until recently. Economist Michael Hudson explains that the gold market is not a typical commodity market—it is politically controlled to sustain confidence in the U.S. dollar. Since 1971, when the U.S. abandoned the gold standard, central banks have been forced to hold reserves in U.S. Treasury securities instead of gold. This system allows the U.S. to fund its deficits...
Read More »American Imperialism in Plain Site
[unable to retrieve full-text content]Donald Trump’s tariffs could destabilize the global economy, warns economist Michael Hudson. US protectionist policies could cause financial crises, as many currencies depreciate and countries can’t earn the dollars needed to pay their foreign debts. Hudson was interviewed by Geopolitical Economy Report editor Ben Norton. Video Podcast Transcript (Introduction) BEN NORTON: Donald Trump is threatening Continue Reading The post American...
Read More »The Road to Chaos – A Global Balance of Payments War
[unable to retrieve full-text content]Prof Michael Hudson on the balance of payments chaos unleashed by Trump. How will Mexico and Canada react? What can Europe do to position itself against the tide of rising prices? The post The Road to Chaos – A Global Balance of Payments War first appeared on Michael Hudson.
Read More »US Economic Colonialism On Notice
[unable to retrieve full-text content]Prof Michael Hudson provides insight on the waning US power structure as short termism bites. He explains how Labor internationally has become even more right wing than the conservatives. Another fascinating discussion. The post US Economic Colonialism On Notice first appeared on Michael Hudson.
Read More »The Secret of the Long March
[unable to retrieve full-text content] RADHIKA DESAI: Hello and welcome to the 36th Geopolitical Economy Hour, the show that examines the fast-changing political and geopolitical economy of our world. I’m your host, 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 The Secret of the Long March first appeared on Michael Hudson.
Read More »Weaponizing the US Dollar
[unable to retrieve full-text content]Trump has promoted a number of plans to make America strong – at other countries’ expense. Given his “we win; you lose” motto, some of his plans would produce the opposite effect of what he imagines. That would not be much of a change in U.S. policy. But I suggest that Hudson’s Law may be Continue Reading The post Weaponizing the US Dollar first appeared on Michael Hudson.
Read More »As Good As It Gets
[unable to retrieve full-text content]The current global economic and political landscape is increasingly unstable, driven by U.S. policies aimed at maintaining dominance through chaos. Key issues include energy crises, such as Europe's dependence on Russian gas, and rising geopolitical tensions involving BRICS nations and NATO. The U.S. sanctions strategy strains global energy markets and destabilizes debtor nations, while nationalist movements gain traction in Europe. With challenges like...
Read More »The Irony of Calling the Opponents of Nazism Nazis
[unable to retrieve full-text content]Hudson & Wolff on the geo-political pressures emanating through South Korea, Ukraine, Europe. Its through wide lense discussions like this that we recognise how inter-connected the world is! The post The Irony of Calling the Opponents of Nazism Nazis first appeared on Michael Hudson.
Read More »The U.S. Strategy of Controlled Anarchy: Syria, Ukraine, and Beyond
[unable to retrieve full-text content]An analysis of geopolitical dynamics with Prof Michael Hudson & Dr Richard Wolff, particularly focusing on the U.S.'s strategic involvement in the Middle East, the ongoing conflict in Ukraine, and the broader implications for global power structures, including NATO, BRICS, and the decline of American global dominance. The post The U.S. Strategy of Controlled Anarchy: Syria, Ukraine, and Beyond first appeared on Michael Hudson.
Read More »Contesting the Corontation of the Rentier
[unable to retrieve full-text content]Prof Michael Hudson discusses with his Patreon supporters the issues of the day. We traverse through rentier commissions, Ponzi schemes, the isolation of Israel and America, The post Contesting the Corontation of the Rentier first appeared on Michael Hudson.
Read More »