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by Tom H. Hastings
Writer, Dandelion Salad
August 21, 2022
My friend Gary left Michigan, went to Sweden years ago, and earned his PhD. He’s a research professor. He was not charged any tuition as long as he continued to qualify and thus held no student debt. That’s how it’s done in much of Europe, at least for public universities.
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by Michael Hudson
Writer, Dandelion Salad
August 8, 2022
This time Eric welcomes back author and economist Michael Hudson to discuss his new book The Destiny of Civilization: Finance Capitalism, Industrial Capitalism, or Socialism available from CounterPunch.
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by Michael Hudson
Writer, Dandelion Salad
August 1, 2022
As in a Greek tragedy whose protagonist brings about precisely the fate that he has sought to avoid, the US/NATO confrontation with Russia in Ukraine is achieving just the opposite of America’s aim of preventing China, Russia and their allies from acting independently of U.S. control over their trade and investment policy. Naming China as America’s main long-term adversary, the Biden Administration’s plan was to split Russia away from China and then cripple China’s own military and economic viability. But the effect of American diplomacy has been to drive Russia and China together, joining with Iran, India and other allies. For the first time since the Bandung Conference of Non-Aligned Nations in 1955, a critical mass is able to be mutually self-sufficient to start the process of achieving independence from Dollar Diplomacy.
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by Michael Hudson
Writer, Dandelion Salad
July 21, 2022
Empire of Inflation: Economist Michael Hudson on U.S. Economic Warfare and Super Imperialism
The Left Lens on May 25, 2022
Economist Michael Hudson joins the Left Lens to discuss the rise of inflation, the weakening of the U.S. dollar, and the consequences of U.S. economic warfare in the Ukraine crisis.
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by Michael Hudson
Writer, Dandelion Salad
July 16, 2022
Why it lacks resilience, and What will take its place
Paper presented on July 11, 2022 to The Ninth South-South Forum on Sustainability.
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by Michael Hudson
Writer, Dandelion Salad
June 20, 2022
To Wall Street and its backers, the solution to any price inflation is to reduce wages and public social spending. The orthodox way to do this is to push the economy into recession in order to reduce hiring. Rising unemployment will oblige labor to compete for jobs that pay less and less as the economy slows.
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with Chris Hedges
Originally on RT America on Feb 13, 2022
The Chris Hedges YouTube Channel on Jun 29, 2022
On the show, Chris Hedges interviews economist Richard Wolff on the precarious state of the US economy and its consequences.
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with Chris Hedges
Originally on RT America on Jul 22, 2021
The Chris Hedges YouTube Channel on Jul 1, 2022
On the show this week, Chris Hedges discuss economic disobedience and debt refusal with Thomas Gokey from The Debt Collective.
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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.
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by Roman A. Montero
Writer, Dandelion Salad
Oslo, Norway
Roman A. Montero’s blog
Originally published by Church life Journal, July 30, 2019
September 6, 2019
In the vast literature dealing with the rise of Christianity, we find many different accounts of how this small sect of Jewish messianists arose, spread, and eventually took over the Roman Empire. However, most of these histories focus on Christianity as a group defined by a set of beliefs, or a group dedicated to the adoration of the person of Jesus Christ. While it is true that Christianity, as it arose, was certainly those things, it was also a group with its own socio-economic ideology and set of practices.
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by Ellen Brown
Writer, Dandelion Salad
The Web of Debt Blog
September 1, 2019
We are again reaching the point in the business cycle known as “peak debt,” when debts have compounded to the point that their cumulative total cannot be paid. Student debt, credit card debt, auto loans, business debt and sovereign debt are all higher than they have ever been. As economist Michael Hudson writes in his provocative 2018 book, “…and forgive them their debts,” debts that can’t be paid won’t be paid. The question, he says, is how they won’t be paid.
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by Michael Hudson
Writer, Dandelion Salad
July 30, 2019
Debts that can’t be paid, won’t be. That point inevitably arrives on the liabilities side of the economy’s balance sheet.
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by Ellen Brown
Writer, Dandelion Salad
The Web of Debt Blog, May 31, 2019
June 2, 2019
This article is excerpted from my new book Banking on the People: Democratizing Money in the Digital Age, available in paperback June 1.
The U.S. federal debt has more than doubled since the 2008 financial crisis, shooting up from $9.4 trillion in mid-2008 to over $22 trillion in April 2019. The debt is never paid off. The government just keeps paying the interest on it, and interest rates are rising.
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by Ellen Brown
Writer, Dandelion Salad
The Web of Debt Blog
March 21, 2019
As alarm bells sound over the advancing destruction of the environment, a variety of Green New Deal proposals have appeared in the US and Europe, along with some interesting academic debates about how to fund them. Monetary policy, normally relegated to obscure academic tomes and bureaucratic meetings behind closed doors, has suddenly taken center stage.
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by Ellen Brown
Writer, Dandelion Salad
The Web of Debt Blog, Feb. 21, 2019
February 24, 2019
“Quantitative easing” was supposed to be an emergency measure. The Federal Reserve “eased” shrinkage in the money supply due to the 2008-09 credit crisis by pumping out trillions of dollars in new bank reserves. After the crisis, the presumption was that the Fed would “normalize” conditions by sopping up the excess reserves through “quantitative tightening” (QT) – raising interest rates and selling the securities it had bought with new reserves back into the market.
Dandelion Salad 