Michael Hudson: Surprise: Corporate Junk Before Students?

Indentured Student - Cartoon

Image by DonkeyHotey via Flickr

by Michael Hudson
Writer, Dandelion Salad
May 25, 2021

theAnalysis-news on May 24, 2021

Why is the Fed buying corporate junk bonds and debt but won’t buy out student debt? Michael Hudson on theAnalysis.news with Paul Jay.


Michael Hudson is President of The Institute for the Study of Long-Term Economic Trends (ISLET), a Wall Street Financial Analyst, Distinguished Research Professor of Economics at the University of Missouri, Kansas City and author of …and forgive them their debts (2018), J is for Junk Economics (2017), Killing the Host (2015), The Bubble and Beyond (2012), Super Imperialism: The Economic Strategy of American Empire (1968 & 2003), Trade, Development and Foreign Debt: A History of Theories of Polarization v. Convergence in the World Economy (1992 & 2009) and of The Myth of Aid (1971), amongst many others. He can be reached via his website Michael Hudson, mh@michael-hudson.com. Originally published May 25, 2021.

From the archives:

Michael Hudson: The World’s Absentee Landlord

Chris Hedges and Paul Street: Joe Biden is Not FDR

Chris Hedges and Richard D. Wolff: American Economic Illusions

The Coming Savings Meltdown by Michael Hudson