Recent Posts by Michael

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

America Defeats Germany for the Third Time in a Century

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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 ...

America’s real adversaries are its European and other allies

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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 ...

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