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 edition of our finance and property news digest with a distinctively Australian flavour.
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