Michael Hudson on Coronavirus and Debt Winners and Losers

Summary:
Yves here. Michael Hudson discusses the deflationary impact of the coronacrisis and how modern, misguided approaches to unsustainable debt loads are making matters worse. Remarks given at the 1st ASECU Teleconference ‘Systematic Crises Triggered the Current Pandemic & Progressive Way-Outs,’ May 8, 2020 Naked Capitalism Michael Hudson on Coronavirus and Debt Winners and LosersYves Smith

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