Michael appears about half way through.
Well, the problem is is the financial time frame is very short-term. It’s hit and run. They’re into making a bundle as quick as they can on one project and then go on to the next project. And they leave an economy loaded down with debt, which is what you have from the corporate takeover movement, from the hedge funds, from the leveraged buyouts.
Michael Hudson on the Greek experiment. More at The Real News The Greek crisis is being used to find out how far finance can drive down wages and privatize the public sector. Michael Hudson interviewed by Paul Jay Note: This is my editing of an interview Professor Michael Hudson gave to The Real News Network. I have edited Professor Hudson's interview for clarity and have not changed the meaning of any of his statements. It is posted on this site with Professor Hudson's permission. -- Paul Craig Roberts Transcript PAUL JAY, Senior Editor, TRNN: Welcome to The Real News Network. I'm Paul Jay in Washington. In Greece, the financial elites of Europe have received agreement from the Greek government to another round of what some people are calling savage austerity measures, for ...
Hudson giving an overview of current affairs with a fired up Lauren Lyster fresh back from Davos.
Michael appeared on KPFK's Background Briefing to discuss the recent Euro downgrades and the state of the EU. What is behind the S & P downgrades? Listen to the interview.
Michael appears on Capital Account to discuss his two most recent articles, Democracy & Debt and Europe's Transition from Social Democracy to Oligarchy.
Michael Hudson on the Super Committee and the deficit strategy. More at The Real News
Michael discusses how democracy has been subverted.
Michael discusses the growing Occupy Wall St movement and the opportunities for banking reform. “How are you going to re-criminilise fraud? Tim Geithner is a bank lobbyist and should not be in charge of the Treasury”.