Michael Hudson

[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.

[unable to retrieve full-text content]  RADHIKA DESAI: Hello everyone. Welcome to the fourth Geopolitical Economy Hour, our fortnightly show on the political and geopolitical economy of our times. I’m Radhika Desai. MICHAEL HUDSON: And I’m Michael Hudson. RADHIKA DESAI: Today we are continuing our discussion of de-dollarization. As many of you know we have structured our discussion around some Continue Reading The post Trade Theory: No Room for Gunboats first appeared on...

[unable to retrieve full-text content]An interview with Gary Null on the longstanding Progressive Commentary Hour, where he asks me to give my State of the Economy briefing.    The post Gary Null Interview – The Rules Are Changing first appeared on Michael Hudson.

[unable to retrieve full-text content]“Understanding money and the dollar system,” Geopolitical Hour Episode 3, February 9, 2023, with economists Radhika Desai & Michael Hudson. podcast:  Radhika Hello and welcome to this third Geopolitical Economy Hour. I’m Radhika Desai. Michael And I’m Michael Hudson. Radhika As many of you know, in this collaboration with Ben Norton’s Geopolitical Economy Report, Michael Continue Reading The post Since Money is...

[unable to retrieve full-text content]Danny: Greetings everyone. [We] have two very special guests today. [This] is the first conversation of a series that we will be having on The Left Lens leading into the one year anniversary of the official beginning — or at least what the mainstream may say is the beginning — of the Ukraine proxy war — really Continue Reading The post The Hypocrisy Just Makes Me Cry first appeared on Michael Hudson.