The Slow Crash
Guest: Michael Hudson
We discuss in detail with Dr. Michael Hudson, the concept of debt deflation; housing, student loan and automobile debt; the oil market; the stock market; negative interest rates; currencies; and the shrinking of the real economy.
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Posted in Economics
Great show. I've been looking for the answer to why those who actually produce wealth, farmers being the prime example, make so little money, while those who do nothing but move money around, are the wealthy ones. Very few economists have a clue what I mean when I say, "the REAL economy". I look forward to reading your books.