An oil shock becomes a debt crisis, then a political rupture. The coming defaults may finally break the creditor rules built into the dollar system.
The Ceasefire Charade
An analysis of why the so-called US–NATO ceasefire proposal functions as a political narrative rather than a genuine peace initiative. Michael Hudson argues the plan is designed to shape public opinion, manage blame, and secure postwar leverage over assets, accountability, and history, rather than to end the war in Ukraine.
Militarizing Decline
https://www.youtube.com/watch?v=dWkpaI-U6WM NIMA ALKHORSHID: Hi, everybody. Today is Thursday, November 20th, 2025, and our dear friends, Richard Wolff and Michael Hudson, are here with us. Welcome back, Richard and Mike. RICHARD WOLFF: Glad to be here. NIMA ALKHORSHID: Please subscribe and hit the like button. You can follow Michael Hudson by going to his website, michael-hudson.com — MICHAEL HUDSON: hyphen ...
How the Draft Dilemma has Shaped Modern Warfare
Explore how oil drives U.S. foreign policy and underpins military strategy—from covert interventions to proxy wars. Michael Hudson and Richard Wolff explain why controlling global energy supplies funds Cold War spending and shapes diplomatic choices, while democracies struggle to mount conventional armies. Discover the economic logic behind proxy forces, the limits of battlefield power against major adversaries, and the role of fossil fuel leverage in geopolitics. This analysis reveals the hidden costs of empire, the war economy’s impact on society, and why energy control remains central to modern conflicts.
Can Europe Survive Its Own Leaders? The War Narrative and Economic Collapse
Europe is at an economic crossroads, facing deindustrialization while its leaders push a militarized agenda. Economist Michael Hudson warns that “military Keynesianism” — the belief that military spending will revive the economy — is driving Europe toward economic ruin. Instead of investing in future industries, Germany and other EU nations are shifting resources into arms production, fueling tensions with Russia. Meanwhile, public sentiment remains opposed to war, raising questions about the EU’s leadership and its alignment with U.S. interests. Can Europe break free from this self-destructive path, or will its economy and unity continue to unravel?
Understanding America’s Post-Industrial Economy
https://youtu.be/pQkwnczhObQ?feature=shared GLENN DIESEN: Welcome to today’s program. My name is Glenn Diesen. I’m a professor at the University of Southeastern Norway. With me is my colleague Alexander Mercouris from the very informative and popular Duran. The guest today is none other than the excellent Michael Hudson, a very renowned economist. He’s written brilliant books, which I can’t ...
America has Just Destroyed a Great Empire
Herodotus (History, Book 1.53) tells the story of Croesus, king of Lydia c. 585-546 BC in what is now Western Turkey and the Ionian shore of the Mediterranean. Croesus conquered Ephesus, Miletus and neighboring Greek-speaking realms, obtaining tribute and booty that made him one of the richest rulers of his time. But these victories and ...
Germany’s position in America’s New World Order
Germany has become an economic satellite of America’s New Cold War with Russia, China and the rest of Eurasia. https://www.youtube.com/watch?v=E_zY44YClCY The article this talk was based on: Germany and other NATO countries have been told to impose trade and investment sanctions upon themselves that will outlast today’s proxy war in Ukraine. U.S. President Biden and his State ...
The Euro Without German Industry
The reaction to the sabotage of three of the four Nord Stream 1 and 2 pipelines in four places on Monday, September 26, has focused on speculations about who did it and whether NATO will make a serious attempt to discover the answer. Yet instead of panic, there has been a great sigh of diplomatic ...
Calling to Account the Hereditary Warrior Class
https://www.youtube.com/watch?v=qlUSqQ8U8T8 Transcript BENJAMIN NORTON: Hey, everyone. I’m Ben Norton, and this is the Multipolarista podcast. And I have the great pleasure of being joined today by one of my favorite guests, one of I think the most important economists in the world today. I’m speaking with Professor Michael Hudson. If you’ve seen any of the interviews I’ve done ...
Grab Bag Imperialism
Hudson & Wolff discuss geo-political outcomes of America’s long term campaign to control the world though currency, oil and food policy.
Clearing the Fog
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 ...
Putin’s Rubles
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 ...
The Ripple of Invasion
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 ...
Socialism, Land and Banking: 2017 compared to 1917
An article written for the hundredth anniversary of the Russian Revolution, to be read in Beijing today. Socialism a century ago seemed to be the wave of the future. There were various schools of socialism, but the common ideal was to guarantee support for basic needs, and for state ownership to free society from landlords, predatory ...
Democrats “Kompromat”
Michael Hudson explains that the Senate hearings on Russia are an effort by Democrats to torpedo improvements in Russia-US relations and lack any real evidence of Russian meddling. KIM BROWN: Welcome to The Real News Network in Baltimore. I'm Kim Brown. On Thursday, the Senate ...
The Atlanticist Tactic Revisited
Paul Craig Roberts and Michael Hudson Two years ago, Russian officials discussed plans to privatize a group of national enterprises headed by the oil producer Rosneft, the VTB Bank, Aeroflot, and Russian Railways. The stated objective was to streamline management of these companies, and ...
Super Imperialism in 84 seconds
PLAY 3 TIMES: US military budget financed by ... by Renegade Economists on Mixcloud Taken from the Renegade Economists radio interview Financing Our Own Oppression, where discussions on the IMF-Ukraine-Russia showdown are highlighted. Financing Our Own Oppression by Renegade Economists on Mixcloud
