Dollar Diplomacy Down

Michael Hudson has posted the podcast he titles as Dollar Diplomacy Down. At this link there is a transcript.

On YouTube the title is The dollar system’s contradictions after de-linking from gold, with Radhika Desai & Michael Hudson

I missed this episode when it first came out. It’s now 3 weeks old.

I don’t know if you think this is important, but it is starting to change my investment thinking. I haven’t decided exactly how I will change my strategy, but now that I have been so forcefully jolted, my mind will be more receptive to new ideas.

It is beginning to dawn on me that my investing success over the last 40 years has depended on the financialized fiction that I have been trying to avoid, The places to hide are shrinking.

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