Michael Hudson

[unable to retrieve full-text content]Youtube video link posted 2023.03.30 What follows is an edited transcript. DANNY HAIPHONG: Good afternoon everyone, good afternoon. You are tuning in to another episode of The Left Lens. How are you all doing this afternoon? I am joined by Economist Michael Hudson, as you can see here. I am very honored to have him. Continue Reading The post All or Nothing Foreign Policy first appeared on Michael Hudson.

[unable to retrieve full-text content]Geopolitical Economy Hour #6 Posted to youtube 2023.03.25 RADHIKA DESAI: Hello everyone, and welcome to the sixth Geopolitical Economy Hour, the fortnightly show on the political and geopolitical economy of our time. I’m Radhika Desai. MICHAEL HUDSON: And I’m Michael Hudson. RADHIKA DESAI: As you know, the last time when we closed we were scheduled Continue Reading The post The Treasury Privatized? first appeared on Michael Hudson.

[unable to retrieve full-text content]Through my work at the Global University for Sustainability, I have come to know Professor Wen Tiejun. He provides a key analysis of the ten crises China has endured. I highly recommend his book to you (PDF), kindly donated to the reform community as an open access book.  There are 10 lectures that accompany the Continue Reading The post Introducing China’s Leading Economist first appeared on Michael Hudson.

[unable to retrieve full-text content]The Collapse of Antiquity: Greece and Rome as Civilization’s Oligarchic Turning Point Available on Amazon The Collapse of Antiquity, the sequel to Michael Hudson’s “…and forgive them their debts,” is the latest in his trilogy on the history of debt. It describes how the dynamics of interest-bearing debt led to the rise of rentier oligarchies Continue Reading The post The Collapse of Antiquity – release first...

[unable to retrieve full-text content]Dennis Kucinich & Michael Hudson Analyze the Banking Collapses: a lightly edited transcript March 15, 2023 Overview: This was an impromptu conversation precipitated by former Congressman Dennis Kucinich to have a deep dive discussion with a former economic advisor, Michael Hudson, on the shockingly large recent bank collapses. As the former chair of the powerful Continue Reading The post With Dennis Kucinich on the Financialized Economy, Collapse...

[unable to retrieve full-text content]Economist Michael Hudson analyzes the collapse of Silicon Valley Bank, Silvergate, and Signature Bank, explaining the similarities to the 2008 financial crash. In this discussion with Geopolitical Economy Report editor Ben Norton, Hudson also addresses the US government bailout (which it isn’t calling a bailout), the role of the Federal Reserve and Treasury, the factor Continue Reading The post Bond Market Play Reveals Systemic Crisis first...

[unable to retrieve full-text content]RADHIKA DESAI: Hi everyone. Welcome to the fifth Geopolitical Economy Hour, the fortnightly show about the political and geopolitical economy of our times. I’m Radhika Desai. MICHAEL HUDSON: And I’m Michael Hudson. RADHIKA DESAI: So this is our third and final show on the theme of de-dollarization, based on our work, particularly on Geopolitical Economy Continue Reading The post Dollar Diplomacy Down first appeared on Michael Hudson.

[unable to retrieve full-text content]Why the Bank Crisis is Not Over The crashes of Silvergate, Silicon Valley Bank, Signature Bank and the related bank insolvencies are much more serious than the 2008-09 crash. The problem at that time was crooked banks making bad mortgage loans. Debtors were unable to pay and were defaulting, and it turned out that the Continue Reading The post The Mechanics of a Bond Market and its Impact on the Banking Crisis first appeared on Michael Hudson.

[unable to retrieve full-text content]Support my work via Patreon The collapses of Silvergate and Silicon Valley Bank are like icebergs calving off from the Antarctic glacier. The financial analogy to the global warming causing this collapse is the rising temperature of interest rates, which spiked last Thursday and Friday to close at 4.60 percent for the U.S. Treasury’s two-year Continue Reading The post Why the Banking System is Breaking Up first appeared on Michael Hudson.

[unable to retrieve full-text content]Come spend an hour with Michael! Thurs March 2nd 5.30pm EST Via zoom.  If you are a Patron Plus supporter on Patreon, you will be able to register. We are at 247 supporters, can you get us to 250? The day before the Q&A you’ll receive an email with the link to join. Anyone upgrading Continue Reading The post An Hour with Michael first appeared on Michael Hudson.