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Michael Hudson - Latest News [Page 1]

Property And Debt In Ancient Rome

Tuesday, 16 April 2024, 4:15 pm | Michael Hudson

The Roman concept of property is essentially creditor-oriented. As Rome’s power grew, practices quickly became predatory. More >>

Financial Corruption: Obama’s Politics of Deception

Monday, 10 October 2011, 5:17 pm | Michael Hudson

The seeds for President Obama’s demagogic press conference on Thursday were planted last summer when he assigned his right-wing Committee of 13 the role of resolving the obvious and inevitable Congressional budget standoff by forging an anti-labor ... More >>

Michael Hudson: The Coming European Debt Wars

Saturday, 10 April 2010, 2:41 pm | Michael Hudson

Government debt in Greece is just the first in a series of European debt bombs that are set to explode. The mortgage debts in post-Soviet economies and Iceland are more explosive. Although these countries are not in the Eurozone, most of their debts ... More >>

The Financial War Against Iceland

Tuesday, 7 April 2009, 11:18 am | Michael Hudson

Iceland is under attack – not militarily¬ but financially. It owes more than it can pay. This threatens debtors with forfeiture of what remains of their homes and other assets. The government is being told to sell off the nation’s public domain, ... More >>

Economic Meltdown: The "Dollar Glut"

Tuesday, 31 March 2009, 12:05 pm | Michael Hudson

Economic Meltdown: The "Dollar Glut" is What Finances America's Global Military Build-up by Prof. Michael Hudson More >>

The Real AIG Conspiracy

Thursday, 19 March 2009, 2:54 pm | Michael Hudson

It may seem odd, but the public outrage against $135 million in AIG bonuses is a godsend to Wall Street, AID scoundrels included. How can the media be so preoccupied with the discovery that there is self-serving greed to be found in the financial ... More >>

Doublethink: "Nationalize banks." "Free Markets."

Tuesday, 24 February 2009, 1:13 pm | Michael Hudson

Banking shares began to plunge Friday morning after Senator Dodd, the Connecticut Democrat who is chairman of the banking committee, said in an interview with Bloomberg Television that he was concerned the government might end up nationalizing some lenders ... More >>

Finance Capitalism Hits a Wall

Wednesday, 18 February 2009, 11:42 am | Michael Hudson

The financial “wealth creation” game is over. Economies emerged from World War II relatively free of debt, but the 60-year global run-up has run its course. Finance capitalism is in a state of collapse, and marginal palliatives cannot revive it. ... More >>

Michael Hudson: Obama’s New Bank Giveaway

Sunday, 1 February 2009, 5:45 pm | Michael Hudson

Not a single Republican Congressman went along, just as Rep. Boehmer refused to support the Bush bailout on that fatal Friday when Mr. McCain and Mr. Obama debated each other over marginal issues not touching on the giveaway, which both candidates passionately ... More >>




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