Canceling debt to avoid economic crisis

The Kaiser Report broadcast on RT has the episode Canceling debt to avoid economic crisis (E1320).

In this episode of the Keiser Report, Max and Stacy discuss David Graeber’s thought piece about the #GiletsJaunes and how the fact that intellectuals have failed to understand it proves we are living in revolutionary times. Graeber notes, as Keiser Report had only last month, that Cantillon effect has created the mass disparity in wealth against which those who must pay for this disparity are rising up. In the second half, Max interviews Dr. Michael Hudson, the author of the new book “… and forgive them their debts”, about the history of debt forgiveness. Hudson explains that the rulers of Byzantium wiped out the savings of rich people by forgiving debts because canceling debts does not cause economic crises but prevents them.

Have our oligarchs convinced you that Russia is evil yet? This episode of the Kaiser report is the most dangerous you can hear. Even RT says they may not agree with it. You may not follow the first half of the report if you haven’t done your own research on the topic. The second half with Michael Hudson lays it out as plainly as you may ever hear it.

December 20, 2018

This episode, Market sell-offs: Fake news or bots to blame? (E1321) includes the second half of the Michael Hudson interview. The interview occurs right after the utterly wacky “commercial” break.


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