Michael Hudson: Economic collapse in the Western nations + Crime has been Decriminalized

with Michael Hudson
Featured Writer
Dandelion Salad
http://michael-hudson.com
January 28, 2012

Image by ΠΡΙΝ via Flickr

See Dr. Hudson with Max Keiser in On the Edge as they sift through the latest issues including the EU, Ron Paul, Austrian economics, Iran and the role of the US dollar.

PressTVGlobalNews on Jan 28, 2012

In this edition of the show Max interviews the author Michael Hudson from Michael-Hudson.com

In this episode Max talks to Michael about the economic collapse in the Western nations and how this collapse gap thesis applies to the European economies currently experiencing a huge crisis.

Economic collapse in the Western nations-On the Edge with Max Keiser-01-27-2012

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CapitalAccount on Jan 30, 2012

Eurozone leaders are meeting, again…After talking about the eurozone crisis in Davos, they’ve moved to Brussels for an EU summit to…talk about it some more…blah blah blah. A lot of talk. When are we going to get something legitimate? Meanwhile, governments and banks are still in bed together – tangled up in their illicit love affair three years after the financial crisis began. We know the drill and we’re sick of it. We are sick of socializing losses. We are sick of fraudulent accounting. We are sick of hostage crises that force us to give ever more of our future earnings and ever more of our current purchasing power to a group of elitist bankers who don’t have to play by the same rules as the rest of us. Economist Michael Hudson joins us to talk about just this. He wrote an article recently that gave some context to banking, reminding us that, once upon a time, kings and governments used to kill bankers that they didn’t want to pay. So how did we get to where we are today, where bankers and banks are killing governments, moving their toxic assets onto the national balance sheets in return for fresh cash?

And later in the show, Lauren will give the audience her take on the week she spent in Davos, what she learned, and what she thinks is worth sharing with the rest of us.

Michael Hudson, “In America and Europe, Crime has been Decriminalized”

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Michael Hudson is a former Wall Street economist. A Distinguished Research Professor at University of Missouri, Kansas City (UMKC), he is the author of many books, including Super Imperialism: The Economic Strategy of American Empire (new ed., Pluto Press, 2002) and Trade, Development and Foreign Debt: A History of Theories of Polarization v. Convergence in the World Economy. He can be reached via his website, mh@michael-hudson.com.

see

Banking Wasn’t Meant to Be Like This by Michael Hudson

Moral capitalism? What an insult to our intelligence! By William Bowles

Moyers & Company: How Big Banks are Rewriting the Rules of our Economy

Geithner’s Ploy: Saving U.S. Banks at Taxpayer Expense, Once Again by Michael Hudson

Ralph Nader: Ron Paul and I agree on ending the empire

Ron Paul and the Killing Machine By Mike Whitney + Ron Paul: Save Social Security by Cutting Spending

War Plan Iran: China Snubs Washington’s Best-Laid Plans to Destabilize Iran’s Oil Industry by Finian Cunningham

Europe’s Transition From Social Democracy to Oligarchy By Michael Hudson