YouTube has the video Debt And Power – With Michael Hudson.
In this post we discuss debt in the current context, and consider where the very high levels of debt will take us. And as importantly, who wins and who loses.
If you really wanted to know what the 2020 Presidential contest is all about and the stakes involved, you would watch this interview. The trouble is that most people think interviews like this are too tough sledding to make it through. I started listening to talks like this over 5 years ago, and I am still learning. I am a slow learner, but given the opportunity, I persist.
We’ll probably have to have our 30% unemployment before people have enough spare time to learn enough about this stuff. I am trying to do my best. Any suggestions for doing better would be much appreciated.