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.
Financial Adviser and Mortgage Broker Chris Bates and I discuss the latest turns in the property market. What’s good and what’s not. Chris can...
The continued pressures on US Regional Banks highlight the risks created by the changed interest rate environment – even if the scenarios are different...
More weakness in markets as we close the year. The realisation of higher rates and recession risk hitting earnings is hitting home as big-tech...