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.
The latest from our property insider. More listings and pressure on apartments, and responsibilities of landlords and tenants, plus Edwin finds something ugly under...
The latest decision from the New Zealand Monetary Policy Committee was released on Wednesday, which was to leave the cash rate at 5.5%. Their...
More proof the proposed Cash Restriction Bill should be withdrawn - in emergencies, cash is still king! https://www.aph.gov.au/Parliamentary_Business/Bills_Legislation/Bills_Search_Results/Result?bId=r6418