Posts Tagged ‘ Greece ’

Greece: On Behalf of Europe …

June 30, 2015
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Michael Hudson is a Distinguished Research Professor of Economics at the University of Missouri, Kansas City. He is the author of The Bubble and Beyond and Finance Capitalism and its Discontents. His most recent book is titled Killing the Host: How Financial Parasites and Debt Bondage Destroy the Global Economy. William K. Black, author...

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Resisting Financial Conquest

June 30, 2015
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As published on Counterpunch Back in January upon coming into office, Syriza probably could not have won a referendum on whether to pay or not to pay. It didn’t have a full parliamentary majority, and had to rely on a nationalist party for Tsipras to become prime minister. (That party balked at cutting back...

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Greek Asset Stripping Similarities

June 27, 2015
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A presentation at the Delphi Initiative.

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Global Financialization 2015 – The state of play

June 12, 2015
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Cross-posted from The Saker The Saker: We hear that the Ukraine will have to declare a default, but that it will probably be a “technical” default as opposed to an official one. Some say that the decision of the Rada to allow Iatseniuk to chose whom to pay is already such a “technical default”....

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Greek Debtline

May 29, 2015
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SHARMINI PERIES, EXEC. PRODUCER, TRNN: Welcome to the Michael Hudson Report on The Real News Network. I’m Sharmini Peries coming to you from Baltimore. The Euro is slipping against the dollar, and the European financial markets are in flux, expecting Greece to fail on its 1.6 billion Euro repayment due to the International Monetary...

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Greece: Austerity for the Bankers

February 24, 2015
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Michael Hudson says Greece’s Finance Minister Varoufakis is proposing austerity on the banking class rather than on the working class to balance the budget. SHARMINI PERIES, EXEC. PRODUCER, TRNN: Welcome to The Real News Network. I’m Sharmini Peries, coming to you from Baltimore. The four-month extension secured by the Greek finance minister, Yanis Varoufakis,...

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Rentier Machinations

January 18, 2015
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RT news: On Thursday, the Swiss National Bank abolished its policy of keeping the franc artificially weak at a peg of 1.20 to the Euro and fallout from the move ricocheted throughout the markets and around the world. The wild swing in the Swiss currency hit global banks with tens of millions of dollars...

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Financial Conquest or Clean State?

September 26, 2012
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This is an edited and expanded transcript from a live phone interview by Dimitris Yannopoulos for Athens News, September 2012. Dimitris Yannopoulos: As an academic with a strong grounding in economic history as well as banking and a Clean Slate, professor Michael Hudson has built his own school of thought – distanced from both...

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Paul Krugman’s Economic Blinders

May 14, 2012
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In Mr. Krugman’s reading, private debts need not be written down or the tax system made more efficient. It is to be better subsidized – mainly with easier bank credit and more government spending. So I am afraid that his book might as well have been subtitled “How the Economy can Borrow its Way...

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Greek Strategy

February 15, 2012
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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...

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