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.
Michael Hudson is an American economist, Professor of Economics, Author of Killing the Host and “and forgive them their debts,” among many earlier books.
Many articles and interviews are available on http://michael-hudson.com/
We will be publishing a transcript of this show shortly on the DFA Blog.
This is weekly market update, starting in the US, Europe, then Asia and then the US, as I get my thoughts organised! This week,...
With Parliament back after the summer break, if Parliamentary Question Time anything to go by, the issue of costs of living pressures will be...
Last week has turned out to be an important one in terms of household finances and mortgage rates. The RBA this week said households...