February, 2022 | Michael Hudson

America Defeats Germany for the Third Time in a Century

By Michael Monday, February 28, 2022 Articles No tags Permalink

The MIC, OGAM and FIRE Sectors Conquer NATO My old boss Herman Kahn, with whom I worked at the Hudson Institute in the 1970s, had a set speech that he would give at public meetings. He said that back in high school in Los Angeles, his teachers would say what most liberals were saying in the 1940s and 50s: “Wars never solved anything.” It was as if they never changed anything – and therefore shouldn’t be fought. Herman disagreed, and made lists of all sorts of things that wars had solved in world history, or at least changed. He was right, and of course that is the aim of both sides in today’s New Cold War confrontation in Ukraine. The question to ask is what today’s New Cold War is trying to change ...

Patreons: Live Q & A this Thurs eve

By Michael Monday, February 21, 2022 Interviews Patreon Permalink

A reminder that this Thurs at 5pm NY time, we have our 1st Q&A with patreons at the Patron Plus level ($9 and above). The discussion will go for 45ish minutes so save up your questions. We are now up to 113 patrons which is very much appreciated. Support my work if you can. Thank you! Photo by Amit Pal from Pexels

America’s real adversaries are its European and other allies

By Michael Tuesday, February 8, 2022 USA No tags Permalink

The U.S. aim is to keep them from trading with China and Russia The Iron Curtain of the 1940s and ‘50s was ostensibly designed to isolate Russia from Western Europe – to keep out Communist ideology and military penetration. Today’s sanctions regime is aimed inward, to prevent America’s NATO and other Western allies from opening up more trade and investment with Russia and China. The aim is not so much to isolate Russia and China as to hold these allies firmly within America’s own economic orbit. Allies are to forego the benefits of importing Russian gas and Chinese products, buying much higher-priced U.S. LNG and other exports, capped by more U.S. arms. The sanctions that U.S. diplomats are insisting that their allies impose against trade with Russia and China are ...