CONSORTIUM NEWS – CN Live! – March 29, 2022Consortium News Joe Lauria interviews Michael Hudson and Richard Wolff, March 29, 2022 [embedded content] Joe LauriaWelcome to CNLive! Season Four Episode Five: “Ukraine The Economic Fallout.” I’m Joe Lauria, editor in chief of Consortium News. Elizabeth VosAnd I’m Elizabeth Vos. Joe LauriaThe collective west, led by the United States, declared economic war against Russia last month in response to the invasion of Ukraine, imposing...
Read More »Clearing the Fog
March 29, 2022.Margaret Flowers: You’re listening to Clearing the FOG, speaking truth to expose the forces of greed, with Margaret Flowers. And now I turn to my guest, Michael Hudson. Michael is the president of the Institute for the Study of Long-term, Economic Trends, ISLET. He’s a Wall Street financial analyst and a distinguished research professor of Economics at the University of Missouri, in Kansas City. He’s also the author of numerous books and recently updated his...
Read More »Accidental Crisis?
NATO-Russia Proxy War: Revealing Signs of a Fading America: Scott Ritter, Michael Hudson – Global Research – Centre for Research on Globalization. GR (Michael Welch): Great privilege to speak with you again Mr. Hudson. Welcome!Michael Hudson: Thanks for having me on! GR: Now, We’re seeing NATO unifying together behind the US call to sanction Russia, including removal from the SWIFT system. They’re being hit with sanctions to hurt, sanctions from hell as President Biden...
Read More »Putin’s Rubles
Cross-posted from The Saker. Following Putin’s announcement about selling gas for Rubles only to hostile nations, I decided to reach out to Michael Hudson and ask him (my level, primitive) questions. Here is our full email exchange: Andrei: Russia has declared that she will only sell gas to “hostile countries” for Rubles. Which means that to non-hostile countries she will continue to sell in Dollars/Euros. Can these hostile countries still purchase gas from Russia but...
Read More »Why Ukraine is really interested in foreign fighters
After reaching Lviv, I visited the Georgian legion’s new base in nearby Dubliani to meet with Commander Mamuka Mamulashvili. His legion also accepted many other foreign fighters, among them a good number of Americans. I walked through a checkpoint of soldiers strapped with AKs alongside a Georgian fighter. I asked him how it felt to be going to the front on behalf of another country. “It’s like sacrificing yourself for something, but splitting your heart 50/50,” he told me. Mamulashvili’s...
Read More »Why Ukraine is really interested in foreign fighters
After reaching Lviv, I visited the Georgian legion’s new base in nearby Dubliani to meet with Commander Mamuka Mamulashvili. His legion also accepted many other foreign fighters, among them a good number of Americans. I walked through a checkpoint of soldiers strapped with AKs alongside a Georgian fighter. I asked him how it felt to be going to the front on behalf of another country. “It’s like sacrificing yourself for something, but splitting your heart 50/50,” he told me. Mamulashvili’s...
Read More »The dismal future of the Russian economy (and Ukraine’s?)
For a Russian opposed to the war, and helpless to do anything about it, the horror is not that incomes will fall 10% this year, nor that unemployment will double, or that inflation will be 30%. Rather: in order to get out of this fall – not just to go to growth, but at least to restore it, you need not just make the decision “the war is over” and start negotiations on the gradual lifting of sanctions. We need to repeal dozens if not hundreds of laws passed in the last ten years. I would...
Read More »The dismal future of the Russian economy (and Ukraine’s?)
For a Russian opposed to the war, and helpless to do anything about it, the horror is not that incomes will fall 10% this year, nor that unemployment will double, or that inflation will be 30%. Rather: in order to get out of this fall – not just to go to growth, but at least to restore it, you need not just make the decision “the war is over” and start negotiations on the gradual lifting of sanctions. We need to repeal dozens if not hundreds of laws passed in the last ten years. I would say...
Read More »Links I liked: Ukraine edition
…grassroots efforts have been snarled by inexperience with the complex web of regulations governing the international shipment of such equipment. Kellgren, who has dealt with such red tape for years, managed to connect through a Ukrainian neighbor with a diplomat in the Ukrainian Embassy who helped him secure a federal arms export license in just four days. That process can often take months. This week, as Congress debated whether to send more advanced weapons and defense systems to Ukraine,...
Read More »Links I liked: Ukraine edition
How a Putin lookalike banded together with a Kim Jong-un impersonator to smuggle a Zelenzky doppelgänger out of Ukraine [Kim Jong-un impersonator] Howard X told the Daily Star: “When the war started, I thought of Umid because I know he’s living in Ukraine.” “I got in touch with him and told him ‘you need to get out of here’ because who knows what will happen if Russia gets hold of a Zelenskyy double.” …grassroots efforts have been snarled by inexperience with the complex web of...
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