August, 2015 | Michael Hudson

The Public Interest & its Planned Obsolescence

By Michael Friday, August 28, 2015 Interviews money supply, renegade economists, wall st Permalink

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

Smoke and Mirrors

By Michael Wednesday, August 26, 2015 Interviews No tags Permalink

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 shortermism and buybacks of corporations inflating their own stocks - August 25, 2015. SHARMINI PERIES, EXEC. PRODUCER, TRNN: This is the Real News Network. I'm Sharmini Peries coming to you from Baltimore. The Dow Jones trading took a deep drive this morning, dropping over 1,000 points in the first 20 minutes of trading. It is now slowly reversing itself, but it was the greatest loss in trading since ...

Killing the Host: Available Now

By Michael Wednesday, August 26, 2015 Articles Killing the Host, wall st Permalink

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

Democracy Now: China stocks over consumption

By Michael Wednesday, August 26, 2015 Interviews China, Financial sector, Greece, TV Permalink

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 Industrial Average initially fell a record 1,100 points before closing down nearly 600 points. The decline also caused oil prices to plunge to their lowest levels in almost six years. To make sense of what’s really behind the fluctuations in the market, we are joined by economist Michael Hudson, president of the Institute for the Study of Long-Term Economic Trends, a Wall Street financial analyst and author of the book, "Killing the Host: How Financial Parasites and ...

It’s Our Money

By Michael Thursday, August 20, 2015 Articles, Interviews Financial sector Permalink

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 engages these emerging political themes in her conversation with renown author, advisor and Economics professor Michael Hudson, just back from his consultations with Greece’s Syriza party. Download the episode (right click and save)