This is Guns and Butter Suppose a country owes money to another nation’s government or official agency. How can creditors collect, unless there’s an international court and an enforcement system? The IMF and the World Bank were part of that enforcement system and now they’re saying: ‘We’re not going to be part of that anymore. We’re only working for the U.S. State Department and Pentagon. If the Pentagon tells the IMF it’s okay that a country doesn’t have to pay Russia or China, then now they don’t have to pay, as far as the IMF is concerned.’ That breaks up the global order that was created after World War II. The world is being split into two halves: the U.S. dollar ...
JESSICA DESVARIEUX, PRODUCER, TRNN: Welcome to the Real News Network. I’m Jessica Desvarieux in Baltimore. And welcome to this edition of the Hudson Report. Now joining us is MichaelHudson. He’s an economics professor at the University of Missouri Kansas City, and he has a new book out titled Killing the Host. Thank you so much for joining us, Michael. MICHAEL HUDSON: It’s good to be here, Jessica. Since we last talked I’ve also been appointed a professor at Peking University in Beijing. DESVARIEUX: Awesome. Congratulations. So Michael, let’s get right into it and talk about the big stories of 2015, economic stories, I should say. What would you say are thethree most important stories that people should be aware of? HUDSON: Well, the ...
PLAY 3 TIMES: US military budget financed by ... by Renegade Economists on Mixcloud Taken from the Renegade Economists radio interview Financing Our Own Oppression, where discussions on the IMF-Ukraine-Russia showdown are highlighted. Financing Our Own Oppression by Renegade Economists on Mixcloud
The following is a transcript of CounterPunch Radio – Episode 19 (originally aired September 21, 2015). Eric Draitser interviews Michael Hudson. Eric Draitser: Today I have the privilege of introducing Michael Hudson to the program. Doctor Hudson is the author of the new book Killing the Host: How Financial Parasites and Debt Bondage Destroy the Global Economy, available in print on Amazon and an e-version on CounterPunch. Michael Hudson, welcome to CounterPunch Radio. Michael Hudson: It’s good to be here. ED: Thanks so much for coming on. As I mentioned already, the title of your book – Killing the Host: How Financial Parasites and Debt Bondage Destroy the Global Economy – is an apt metaphor. So parasitic finance capital is really what you’re ...
My friends at Counterpunch interviewed me on the book that is Killing the Host. Another good interview. Listen here Read the transcript
An interview on Uprising with Sonali Listen by clicking here The Federal Reserve this week is considering raising interest rates above levels that have hovered at zero since 2008. News media are characterizing the debate over whether or not to increase rates, as “Should we be more concerned about the pace of job growth or the threat of inflation?” But the question often left unasked is, “why are most Americans still struggling in this economy?” The bottom lines of corporations are taken to be a measure of economic health. But if the economy is ostensibly designed so that all can benefit, why is it that only a few benefit?
[soundcloud url="https://api.soundcloud.com/tracks/223685976" params="auto_play=false&hide_related=false&show_comments=true&show_user=true&show_reposts=false&visual=true" width="100%" height="450" iframe="true" /] Today's interview on the highly regarded This Is Hell! show: Economist Michael Hudson explains how finance became capitalism's driving force and why an increasing amount of American life is being dedicated to sustaining unsustainable debt values, then gives a radical history lesson in debt economics - from ancient Sumer to the University of Chicago - that suggests the only way to end a debt crisis is to end the debt itself. Michael is author of the new book "Killing the Host: How Financial Parasites and Debt Destroy the Global Economy."
With military stalemate in the east of the country and the economy in serious depression, the regime in Kiev has had to face some very hard realities. And its very survival is in doubt. Losing on the battlefield and the economic front, the Kiev regime is turning in on itself. CrossTalking with Mark Sleboda, Michael Hudson and Rodney Shakespeare. Audio version:
This is a good interview. Enjoy.
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. This week we delve deeper into the Greek capitulation to the Troika, how to get free of the euro, the state of US democracy and other aspects to economic warfare. The underlying theme of course is how the planned obsolescence of the public interest is orchestrated. Planned Obsolescence of the Public Interest by Renegade Economists on Mixcloud