Gaza: The Strategic Imperative

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​PROF. MICHAEL HUDSON, THE TRUTH ABOUT THE DESTRUCTION OF GAZA. - Ania K https://www.youtube.com/live/gNu_OGbqyWk   ANIA: Hello, everyone. Welcome back to my channel. Today I have with me for the fourth time, I'm still counting, a very, very special guest, one of the best professors in economics and financial analysts in the world. And I'm very glad we are reconnecting with Professor Hudson again. I want to start this live stream with asking all of you to check all my links down below this live stream, because being on other platforms, especially nowadays, is very important. So you have my locals there, you have mailing lists, and every other link if you choose to support my work as well. Also, Professor Hudson's three links. You have the website (michael-hudson.com), Patreon (patreon.com/michaelhudson), and all the books ...

Were the Biblical Prophets Anti-Semitic?

If the prophets of ancient Israel such as Isaiah, Jeremiah, Ezekiel, Malachi and Amos were alive today, Benjamin Netanyahu would accuse them of anti-Semitism for daring to describe his government as a travesty of what the Mosaic covenant was all about. A common thread running throughout the Jewish Bible – Christianity’s Old Testament – was to criticize kings, the wealthy and corrupt courts for violating the Mosaic commandments to create a fair and equitable society protecting the poor from the economic oppression of debt bondage, and loss of their land. If the prophets were summoned to give judgment today, it is Netanyahu’s right-wing Likud Party and the steeply unequal economy of Israel that would be condemned as violating the most basic laws of Biblical Judaism. Prophet after prophet described the Lord ...

Israel as a Landed Aircraft Carrier

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https://www.youtube.com/watch?v=9AeAfFfTqMk&t=1s Transcript BEN NORTON: Why does the United States so strongly support Israel? In this video today, I’m going to be explaining the geopolitical and economic reasons why Israel is such an important part of U.S. foreign policy and Washington’s attempt to dominate not only the region of the Middle East, but really the entire world. For this analysis today, I had the privilege of being joined by the economist Michael Hudson. I will bring him in later to provide further details about this topic. But first, I want to highlight some very important basic context to understand this relationship. It is crucial to stress that Israel is an extension of U.S. geopolitical power in one of the most critically important regions of the world.  In fact, it was current U.S. President Joe Biden, back in ...

America's Free Lunch is Over: How Should the Middle East invest its Rising Trade Surplus?

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Published in the June 2008 issue of The Gulf, a weekly business news magazine published in Bahrain, and in Counterpunch Every week Mid Eastern countries acquire more dollars in payment for their oil and other exports, and also for rising U.S. investment in their stock markets and other property. This confronts them with a problem: What can they do with these dollars? Traditionally, exporters have saved their export earnings by building up their assets. But is it still realistic for them to acquire more dollarized assets? Central banks throughout the world presently hold some $2.5 trillion of U.S. Treasury bonds, and another trillion dollars in private-sector U.S. dollar debt. As the dollar’s exchange rate falls, these banks suffer losses when their holdings are denominated in their own currencies. Even more serious, the principal ...