Michael Hudson: Finance Really is a Mode of Warfare

Pensions-demo-_8195a-sm

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with Michael Hudson
Writer, Dandelion Salad
Michael Hudson
February 17, 2017

TheRealNews on Feb 16, 2017

There’s a real need for international debtor rights, says economist Michael Hudson.

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Chris Hedges: The Wreckage of Neoliberalism

IMG_2564.1.web

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Dandelion Salad

with Chris Hedges

RT America on Dec 11, 2016

On this week’s episode of On Contact, Chris Hedges discusses the damage done to Europe by neoliberal policies with Philipp Ther, author of “Europe Since 1989: A History”. RT Correspondent Anya Parampil looks at the current rise of the far right in Europe spawned by neoliberalism.

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Michael Hudson: Donald Trump Wants to Make the 1% Even Richer (Part 2)

need a bigger sign

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with Michael Hudson
Writer, Dandelion Salad
Michael Hudson
November 18, 2016

TheRealNews on Nov 17, 2016

Economist Michael Hudson explains how economic terms like capital gains are deployed to mislead the public about who is benefiting from economic policy and where wealth is going.

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Michael Hudson: How Long are People Going to be Willing to Live in this Illusion?

Pensions-demo-_8195a-sm

Image by Julian Stallabrass via Flickr

with Michael Hudson
Writer, Dandelion Salad
michael-hudson.com
October 7, 2016

TheRealNews on Oct 7, 2016

The IMF foretells of vulnerable banks in US and EU while enabling unsustainable debt-leveraging, says economist Michael Hudson.

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Chris Hedges: The Cost of Austerity

Austerity kills - poster

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Dandelion Salad

with Chris Hedges

RT America on Sep 10, 2016

On this week’s episode of On Contact, Chris Hedges sits down with economist Mark Blyth to discuss the detrimental ramifications of austerity programs following the 2008 financial crisis. Professor Blyth, author of “Austerity: The History of a Dangerous Idea” addresses the political effects of the spending cuts and considers why the elites will not take responsibility for the fallout. RT Correspondent Anya Parampil examines the impact austerity measures have had on the American working class and the poor since 2008.

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Chris Hedges and Richard Wolff: Capitalism in Crisis

Austerity kills - poster

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Dandelion Salad

with Chris Hedges and

RT America on Jul 23, 2016

In this week’s episode of On Contact, Chris Hedges explores capitalism in crisis with Richard Wolff, professor of economics emeritus at the University of Massachusetts-Amherst. From Brexit, to labor protests in France, to Italy’s financial woes, they discuss the effects of austerity on the working class. RT Correspondent Anya Parampil looks at the fallout of Britain’s decision to leave the European Union.

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Brexit and the Derivatives Time Bomb by Ellen Brown

Brexit

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by Ellen Brown
Writer, Dandelion Salad
The Web of Debt Blog
July 1, 2016

Brexit could trigger a $500 trillion derivatives meltdown, by forcing the EU to allow insolvent member governments and banks to write down debt. Italy is in financial crisis and is already petitioning for that concession. How to avoid collapse of the massive derivatives house of cards? Alternatives are considered.

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Richard Wolff: Class Warfare: French Labor Law, Brexit, and Greek Austerity

Capitalism Kills

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Dandelion Salad

with Richard Wolff

TheRealNews on Jun 29, 2016

Economist Richard Wolff says the old European elite believed it could fix their broken capitalism on the backs of the masses and that has proved to be a fatal mistake.

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Michael Hudson: There Is No Sign Of Recovery

Occupy Wall Street - 11/3/11 - 103

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with Michael Hudson
Writer, Dandelion Salad
michael-hudson.com
December 31, 2015

TheRealNews on Dec 31, 2015

UMKC’s Michael Hudson breaks down how the increasing wealth gap, suppression of wages, and IMF rule changes are creating a battle between the classes.

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The Looting Class and its Hoarded Gold by Danny Katch

Austerity kills - poster

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Dandelion Salad

by Danny Katch
socialistworker.org
October 8, 2015

Every time layoffs are announced or vital government benefits are slashed, we’re told that there is no alternative because the money isn’t there. But this is a bald-faced lie, explains Danny Katch, author of Socialism…Seriously: A Brief Guide to Human Liberation.

DOUGLAS, ARIZONA, is a town on the Mexico border with 17,000 people and now no hospital.

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The Greek Coup: Liquidity as a Weapon of Coercion by Ellen Brown + Greece is Not the Major Problem – Europe is by Siv O’Neall

Alexis Tsipras on a short leash from the EU

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by Ellen Brown
Writer, Dandelion Salad
The Web of Debt Blog
July 30, 2015

“My father made him an offer he couldn’t refuse. Luca Brasi held a gun to his head and my father assured him that either his brains, or his signature, would be on the contract.” — The Godfather (1972)

In the modern global banking system, all banks need a credit line with the central bank in order to be part of the payments system. Choking off that credit line was a form of blackmail the Greek government couldn’t refuse.

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Greece is a Nation Under Occupation by Andrew Gavin Marshall

EU Austerity Albatross

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by Andrew Gavin Marshall
Writer, Dandelion Salad
andrewgavinmarshall.com
July 16, 2015

In the early hours of Thursday morning, July 16, the Greek Parliament passed a host of austerity measures in order to begin talks on a potential third bailout of 86 billion euros. The austerity measures were pushed onto the Parliament by Greece’s six-month-old leftist government of Syriza, elected in late January with a single mandate to oppose austerity. So what exactly happened over the past six months that the first anti-austerity government elected in Europe has now passed a law implementing further austerity measures?

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Greece Rejects the Troika. What’s Next? by Michael Hudson + Greece: It all seems so clear – and so complicated by Siv O’Neall

by Michael Hudson
Writer, Dandelion Salad
michael-hudson.com, July 6, 2015
July 8, 2015

OXI in Brussles

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Just after 7 PM Greek time on Sunday, I was told that the “No” vote (Gk. Oxi) was winning approximately 60/40. The “opinion polls” showing a dead heat evidently were wrong. Bookies across Europe are reported to be losing their shirts for betting that the financial right wing could fool most Greeks into voting against their self-interest. The margin of victory shows that Greek voters were immune to media misrepresentation during the week-long run-up as to whether to accept the troika’s demand for austerity to be conducted on anti-labor lines.

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Resisting Financial Conquest by Michael Hudson + US Hedge Funds Get Bailed Out if Greeks Pass Bailout Referendum

by Michael Hudson
Writer, Dandelion Salad
michael-hudson.com
As published on Counterpunch
June 30, 2015

Barry

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Back in January upon coming into office, Syriza probably could not have won a referendum on whether to pay or not to pay. It didn’t have a full parliamentary majority, and had to rely on a nationalist party for Tsipras to become prime minister. (That party balked at cutting back Greek military spending, which was 3% of GDP, and which the troika had helpfully urged to be cut back in order to balance the government’s budget.)

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The Stimulator: Solidarity Means Tabarnak! Quebec Students Strike Against Capitalism

Pensions-demo-_8195a-sm

Image by Julian Stallabrass via Flickr

Dandelion Salad

stimulator on Apr 11, 2015

This week we look at the student led mobilizations that have rocked the streets of Montreal and Quebec City. From large scale marches, to occupations of university buildings to direct actions, the spring 2015 coalition has re-energized radical organizing in so called Quebec. Continue reading