[unable to retrieve full-text content]Michael Hudson and Richard Wolff critique the lack of substantive policy debate in the Trump-Harris exchange, noting that key issues like U.S.-China relations and the economic decline of the U.S. were largely ignored. Both highlight that the debate focused on personality over policy, avoiding critical topics such as de-industrialization, foreign policy in Ukraine, and the shifting global economic landscape. Hudson points out the bipartisan reluctance to...
Read More »Debunking U.S. Bankruptcy Myths
[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...
Read More »Reshaping Christianity and the Modern State: A Journey from Usury to Fiscal Power
[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.
Read More »How Rome Reversed Christianity: from Compassion to Control
[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.
Read More »The Way to Avoid Tearing Society Apart
[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...
Read More »Volatility Unwound
[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.
Read More »The End of Financial Colonialism
[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...
Read More »Quality of Debt Counts
[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.
Read More »US Complicit: Israel, Aid and the Congressman’s Circular Flow
[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...
Read More »Barbarism or Civilization
[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.
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