Video and transcript.
Michael Hudson — On Finance, Real Estate And The Powers Of NeoliberalismPredictions 2024
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
In a word: barbarism
ReplyDeleteWhen Hudson talks about balance of payments and he is obsessed with them as it was his speciality. Is he still confusing them with a time of the gold standard and fixed exchange rates ?
ReplyDeleteAs I think the likes of Hudson has instilled this myth on the left, that China and Russia funds the US when they buy treasuries.