Clearing the Fog

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March 29, 2022. Margaret Flowers: You're listening to Clearing the FOG, speaking truth to expose the forces of greed, with Margaret Flowers. And now I turn to my guest, Michael Hudson. Michael is the president of the Institute for the Study of Long-term, Economic Trends, ISLET. He's a Wall Street financial analyst and a distinguished research professor of Economics at the University of Missouri, in Kansas City. He's also the author of numerous books and recently updated his book, “Super Imperialism: The economic strategy of American Empire.” Thank you for taking time to speak with me today, Michael. Michael Hudson: Well, thanks for having me on Margaret. MF: You've talked a lot and written a lot about dollar hegemony and what's happening now with de-dollarization. Can you start out by ...

Accidental Crisis?

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NATO-Russia Proxy War: Revealing Signs of a Fading America: Scott Ritter, Michael Hudson - Global Research - Centre for Research on Globalization. GR (Michael Welch): Great privilege to speak with you again Mr. Hudson. Welcome! Michael Hudson: Thanks for having me on! GR: Now, We're seeing NATO unifying together behind the US call to sanction Russia, including removal from the SWIFT system. They're being hit with sanctions to hurt, sanctions from hell as President Biden would say, and it doesn't look as if it's working. But the sanctions are boomeranging, and hitting the EU and the US pretty hard with soaring rates for food, fertilizer, oil and gas. They seem to provoke Russian aggression. He's kind of compelled them to do that. We know it wasn't the response, I mean it’s something they ...

Putin’s Rubles

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Cross-posted from The Saker. Following Putin’s announcement about selling gas for Rubles only to hostile nations, I decided to reach out to Michael Hudson and ask him (my level, primitive) questions. Here is our full email exchange: Andrei: Russia has declared that she will only sell gas to “hostile countries” for Rubles. Which means that to non-hostile countries she will continue to sell in Dollars/Euros. Can these hostile countries still purchase gas from Russia but via third countries? Michael Hudson: There seem to be two ways for hostile countries to buy Russian gas. One seems to be to use Russian banks that are not banned from SWIFT. The other way would indeed seem to be to go through what looks to develop as a formal or informal third-country ...

Sanctions, Energy and Independence

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March 21, 2022 Michael Hudson on Ukrainian Sanctions Ross Welcome to Renegade Inc. Whatever the outcome in Ukraine, one thing is for sure the economic reverberations will be felt by everyone for years to come as the world divides between the West and a rapidly reshaping Eurasia. Ross Michael Hudson, always a pleasure to have you on the programme, welcome to Renegade Inc. Michael Hudson Thank you for inviting me. Ross Michael, sanctions, sanctions, sanctions is all we hear now. We're sanctioning people. The West sanction people back to the Stone Age. What are the unintended consequences of sanctions? Michael Hudson Well, one is to serve very much like a protective tariff on the sanctioned country. For instance, when America made sanctions on European trade with Russia, ...

Is Chinese Socialism Working?

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Paul Jay Hi, welcome to theAnalysis.news, I’m Paul Jay. We’re going to talk about China. We’re going to have two guests who agree on so many things, but they have some disagreements about just what is the character of China, and we’re going to get into that. Please don’t forget the donate button. We can’t do this if you don’t donate. If you’re watching on YouTube, subscribe and also hit that little bell thing, so you know when something new comes. Although part of YouTube suppressing our stories. We’ve been hearing from viewers that even though they have the bell, they’re still not getting the notifications. If that’s the case, let me know. The most important thing is get to the website, sign up for our email list, and we will be back in just a ...

Renegade Predictions

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Ross Welcome to Renegade Inc. On this programme, we talk with some of our Renegade Inc. friends and ask them about what surprised them over the last year and, as importantly, what they foresee happening in 2022. Strap in, it's about to get interesting. Ross Dr Ashley Frawley, wonderful to have you back on the programme. Ashley Frawley Thank you so much for having me. Ross Ashley, tell us what shocked you in 2021? What surprised you? What ambushed you, and you thought, Wow, I didn't see that coming? Ashley Frawley I don't know. After 2020, does anything shock us anymore? I think the thing that most shocked me was the ease with which we abandoned so much of what we thought was worthwhile ...

The American Empire self-destructs.

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But nobody thought that it would happen this fast. Empires often follow the course of a Greek tragedy, bringing about precisely the fate that they sought to avoid. That certainly is the case with the American Empire as it dismantles itself in not-so-slow motion. The basic assumption of economic and diplomatic forecasting is that every country will act in its own self-interest. Such reasoning is of no help in today’s world. Observers across the political spectrum are using phrases like “shooting themselves in their own foot” to describe U.S. diplomatic confrontation with Russia and allies alike. For more than a generation the most prominent U.S. diplomats have warned about what they thought would represent the ultimate external threat: an alliance of Russia and China dominating Eurasia. America’s economic sanctions and military ...

The Ripple of Invasion

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https://www.youtube.com/watch?v=O7KSdFKB1sg The west’s massive sanctions war against Russia is having a profound impact on the global economy. Instead of just punishing Russian citizens, consumers in the west and the developing world will also experience economic pain. Globalization itself is being interrupted. The Great Separation is upon us. CrossTalking with Daniel Lazare, Michael Hudson, and Brad Blankenship. Photo by Grisha Grishkoff from Pexels