May, 2021 | Michael Hudson

Surprise: Corporate Junk Before Students?

By Michael Tuesday, May 25, 2021 Interviews No tags Permalink

Why is the Fed buying corporate junk bonds and debt but won’t buy out student debt? Michael Hudson on theAnalysis.news with Paul Jay. Paul Jay Hi, I’m Paul Jay. Welcome to theAnalysis.news. Thank you to everybody who has clicked the donate button. And if you haven’t, maybe you might do it this time. If you’re watching on YouTube or our website, click the share button and subscribe and we’ll be back in a second with Michael Hudson. U.S. household debt climbed to a record high of fourteen point six trillion dollars at the end of 2020 as mortgage debt surpassed 10 trillion for the first time. Now, the GDP of the United States is only around 21 trillion. Americans owe over 1.71 trillion dollars in student loan debt spread out among 44.7 million ...

The World’s Absentee Landlord

By Michael Thursday, May 13, 2021 Globalism and its Institutions, Interviews superimperialism Permalink

In this wide-ranging discussion on the Moderate Rebels podcast, Hudson addresses US sanctions on Venezuela and Iran, the policies of the Joe Biden administration, Beijing’s economic model, cryptocurrencies, and dedollarization – the potential end to the dollar as the global reserve currency. Transcript Ben Norton 0:03 Hello everyone, I’m Ben Norton. You’re watching Moderate Rebels. And there will be a podcast version of this after, for people who want to listen. We are joined today by the economist Michael Hudson, one of the most important economists in the world, honestly, in my view. I don’t think he needs introduction. He has written many books, and has been an economic adviser for multiple governments, and has a long history on Wall Street and academia. And you can find his work at Michael-Hudson.com. Today, we’re going to ...

A choice between yes please and yes thank you

By Michael Tuesday, May 11, 2021 Articles, Interviews No tags Permalink

The Radical Imagination episode with guests Michael Hudson & Jonathan Wilson-Hartgrove: April 21, 2021 (transcribed May 3, 2021): https://youtu.be/mFxc6nbnI20 Jim Vrettos:  So, Michael, Jonathan. Thank you so very, very much for being here. Jonathan, you're from... We're looking at you from North Carolina there and Michael is in Queens. You've both had tremendous influence in your respective fields. Spiritual economic activist and so on. What do you make of the contradictory statements in the news, particularly... particularly... Let's start with the idea of the movement by the Biden administration given parameters of its neoliberal roots. Do you believe that they have the commitment and vision commensurate to Roosevelt's build of economic whites in 1944 and the attempt to broaden the conception of social justice and democracy In other words, what do ...