Michael on the Keiser Report, discussing the role of finance in the EU debt crisis. How does Wall St and the IMF fit into the picture?
Michael comes on at the 14 minute mark.
Download the Hudson only portion of the interview
Tags: Euro, Financial sector, IMF, Max Keiser, neoliberalism, wall st
[…] Michael Hudson (source and inspiration for this post) says here, large sections (too big to fail?!) of the American financial system have basically turned into AIG […]
[…] by dancing around in ever-diminishing and ever-more expensive circles. Finance, according to Michael Hudson Professor of Economics at the University of Missouri, Kansas City, is undermining European […]
[…] EU finance’s old-school rapaciousness along with that of its quisling IMF does nothing but ren… The tremors of European wars to come are starting to be felt even here on USA topsoil. War and […]
[…] IMF the Economic Hangman […]
[…] we reported earlier the 17-member Euro-zone states face a multi layered crisis and according to Michael Hudson Professor of Economics at the University of Missouri, Kansas City: “Finance, is undermining […]