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Michael Hudson — Greek debt update

Summary:
Taken from a short interview with Greece’s Banking News.  Q. According to the IMF, Greece’s debt isn’t manageable in the long-run without being either extended or forgiven. Where do you stand towards this claim? How important is the Greek debt relief? Michael Hudson — On Finance, Real Estate, and the Powers of NeoliberalismGreek debt updateMichael Hudson | President of The Institute for the Study of Long-Term Economic Trends (ISLET), a Wall Street Financial Analyst, Distinguished Research Professor of Economics at the University of Missouri, Kansas City, and Guest Professor at Peking University

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Taken from a short interview with Greece’s Banking News. 
Q. According to the IMF, Greece’s debt isn’t manageable in the long-run without being either extended or forgiven. Where do you stand towards this claim? How important is the Greek debt relief?
Michael Hudson — On Finance, Real Estate, and the Powers of Neoliberalism
Greek debt update
Michael Hudson | President of The Institute for the Study of Long-Term Economic Trends (ISLET), a Wall Street Financial Analyst, Distinguished Research Professor of Economics at the University of Missouri, Kansas City, and Guest Professor at Peking University
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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