Baltic perspectives with The Saker

By Sunday, October 20, 2019 Interviews Permalink

Cross-posted from The Saker Introduction: I recently spoke to a relative of mine who, due to her constant and voluntary exposure to the legacy of AngloZionist media, sincerely believed that the three Baltic states and Poland had undergone some kind of wonderful and quasi-miraculous economic and cultural renaissance thanks to their resolute break with the putatively horrible Soviet past and their total submission to the Empire since. Listening to her, I figured that this kind of delusion was probably common amongst those who still pay attention and even believe the official propaganda. So I asked Michael Hudson, whom I consider to be the best US economists and who studied the Baltics in great detail, to reply to a few very basic questions, which he very kindly did in ...

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Asset-Price Inflation and Rent Seeking

By Thursday, October 17, 2019 Articles, USA , Permalink

A Total-Returns Profile of Economic Polarization in America Michael Hudson Based on work with Dirk Bezemer, with charts by Howard Reed Polarization in America, 23 September 2019 “More than half of all Americans feel pressure and strain, according to the April 2019 Global Emotions Report published by Gallup. Most (55%) Americans recall feeling stressed much of the day in 2018. That’s more than in all but three countries globally. Nearly half of Americans felt worried (45%) and more than a fifth (22%) felt angry. ‘Even as their economy roared, more Americas were stressed, angry and worried last year than they have been at many points during the last decade,’ Julie Ray, a Gallup editor, wrote in the summary report.” USA Today, April 26, 2019 “For me the relevant issue isn't what I report on the bottom ...

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