Showing posts with label debt bondage. Show all posts
Showing posts with label debt bondage. Show all posts

Tuesday, August 25, 2015

Here top economist Michael Hudson explains what is now going on with the stock market. It isn't what you think. It's about the rich trying to get richer. But Michael believes that the less rich won't lose very much of their stock market savings (if well selected). This blogger, guided by Jim Rickards the author of Currency Wars and The Death of Money, believes that gold and silver perchased now will fly when the dollar crash comes. But be sure to buy the physical metal or else buy shares of outfits that are in control of a lot of these metals and haven't fallen into debt waiting for the crash, e.g., Royal Gold (RGLD) and Silver Wheaton (SLW).


Smoke and Mirrors of Corporate Buybacks Behind the Market Crash

Michael Hudson, the author of Killing the Host: How Financial Parasites and Debt Destroy Global Economy, says the stock market crash on Monday has very little to do with China and all to do with shortermism and buybacks of corporations inflating their own stocks -   August 25, 2015

https://youtu.be/D0EPfMAYy1A

Bio                                                                                          Original here

Michael Hudson is a Distinguished Research Professor of Economics at the University of Missouri, Kansas City. He is the author of The Bubble and Beyond and Finance Capitalism and its Discontents. His most recent book is titled Killing the Host: How Financial Parasites and Debt Bondage Destroy the Global Economy.

Sunday, August 10, 2014

Which is worse, the International Monetary Fund, a vulture fund billionaire, or the conflict of interest of Biden's son becoming the leader of the Ukraine gas company? In any case, the struggling people of Ukraine and Argentina are about to be screwed again thanks to Obama's treachery.


                                                                                      Originals Here
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How The World Bank & IMF Plan to "Dismantle" Ukrainian Economy
Michael Hudson: The West looks to ramp up gas production as Vice President Biden's son named leader in Ukrainian gas company Burisma - August 4, 2014


More at The Real News

Bio                                                                                           .

Michael Hudson is a Distinguished Research Professor of Economics at the University of Missouri, Kansas City. His two newest books are The Bubble and Beyond and Finance Capitalism and its Discontents. His upcoming book is titled Killing the Host: How Financial Parasites and Debt Bondage Destroy the Global Economy.


Argentina Sues U.S. in World Court to Stop Vulture Fund Billionaire
Greg Palast: President Obama has failed to exercise his authority to stop a New York judge from ordering Argentina to pay - August 8, 2014


More at The Real News

Bio                                                                                           .

Greg Palast is the author of the New York Times bestsellers, Billionaires & Ballot Bandits, The Best Democracy Money Can Buy, Armed Madhouse and the highly acclaimed Vultures' Picnic, named Book of the Year 2012 on BBC Newsnight Review. Palast also directed the U.S. government's largest racketeering case in history, winning a $4.3 billion jury award. He also conducted the investigation of fraud charges in the Exxon Valdez grounding.