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A debt jubilee is the only way to avoid a depression — Michael Hudson

Summary:
This op/ed is reposed from the Washington Post. When Michael Hudson, a professed Marxist economist, makes the WaPo you know that the times are a-changin'.Real-World Economics Review BlogA debt jubilee is the only way to avoid a depression 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

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This op/ed is reposed from the Washington Post. When Michael Hudson, a professed Marxist economist, makes the WaPo you know that the times are a-changin'.

Real-World Economics Review Blog
A debt jubilee is the only way to avoid a depression

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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