Blog Archives

Killing the Host – the book

September 2, 2015
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Killing the Host – the book

The book can be ordered in paperback or as an ebook: KILLING THE HOST exposes how finance, insurance, and real estate (the FIRE sector) have gained control of the global economy at the expense of industrial capitalism and governments. The FIRE sector is responsible for today’s economic polarization (the 1% vs. the 99%) via favored...

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Reuters’ Public Relations Missif

September 1, 2015
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As published on Counterpunch: This autumn may see anti-austerity coalitions gain power in Portugal, Spain and Italy, while Marine le Pen’s National Front in France presses for outright withdrawal from the eurozone. These countries face a common problem: how to resist the economic devastation that the European Central Bank (ECB), European Council and IMF...

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Book review: Killing the Host

September 1, 2015
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The first of hopefully many book reviews. Thanks to those who have already reviewed it on Amazon, we are off to a good start. Pam Martens from Wall St On Parade writes: The riveting writer, Michael Hudson, has read our collective minds and the simmering anger in our hearts. Millions of American have long...

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The Public Interest & its Planned Obsolescence

August 28, 2015
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Another in the series of interviews on the Renegade Economists radio show, with Tune Nielsen (Positive Money Denmark, Gode Penge ) and host Karl Fitzgerald. QE for the People by Renegade Economists on Mixcloud Part 2 to the Forest Park interview with Prof Michael Hudson and Tune Nielsen on the state of economic reform....

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Smoke and Mirrors

August 26, 2015
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Market Crash Aug 25 2015 Smoke and Mirrors of Corporate Buybacks Behind the Market Crash,” TRNN, August 25, 2015. Michael Hudson, the author of Killing the Host: How Financial Parasites and Debt Destroy Global Economy, says the stock market crash on Monday has very little to do with China and all to do with...

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Killing the Host: Available Now

August 26, 2015
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The new book – Killing the Host – How Financial Parasites and Debt Destroy Global Economy is now available via Amazon. I’ve discussed the book on Democracy Now and the Kaiser Report, with more planned soon. Thank you for your support. Good reading to you. Michael Hudson

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Democracy Now: China stocks over consumption

August 26, 2015
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Watch the video on the Democracy Now site Black Monday is how economists are describing Monday’s market turmoil, which saw stock prices tumble across the globe, from China to Europe to the United States. China’s stock indices fell over 8 percent on Monday and another 7 percent today. On Wall Street, the Dow Jones...

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It’s Our Money

August 20, 2015
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I was interviewed on Ellen Brown’s radio show “It’s Our Money”, where she writes: Is the financial deprivation of entire nations engendering a new level of frustration and political unrest? Are the unlikely top-ranked US presidential candidates a sign that the Europeans aren’t the only ones who want to “throw the bums out?” Ellen...

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Why Greece’s Debt is Illegal

July 11, 2015
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  Capitalism and Government Debt at Odds in Greece (1/2) Michael Hudson says unlike personal and corporate debt, there is no legal framework for writing off government debt, so there is deliberate anarchy in place –   July 10, 2015   SHARMINI PERIES, EXEC. PRODUCER, TRNN: Welcome to the Real News Network. I’m Sharmini...

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EU Infrastructure Undermines Sovereignty

July 8, 2015
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The Financial Attack on Greece: Where To From Here? The major financial problem tearing economies apart over the past century has lain more with official inter-governmental debt than with private-sector debt. That is why the global economy today faces a similar breakdown to 1929-31, when it became apparent that the volume of official inter-government...

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