Guns and Butter

Guns and Butter – April 6, 2016

The Slow Crash  with Michael Hudson
We discuss in detail, the concept of debt deflation; housing, student loan and automobile debt; the oil market; the stock market; negative interest rates; currencies; and the shrinking of the real economy.

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  • Kaj Risberg

    Thank you, always nice to listen M. Hudson.

  • This was an excellent program. Several good highlights were the comments about Hillary Clinton and the neocons around the 43 minute mark. I really liked his distinguishing between the “real economy” of production and consumption of real goods and the “asset economy” of the FIRE sector (finance, insurance, real estate) which is basically the financial gambling economy. I agree 100% that we have to need to stop the speculation on raw materials.

  • A. Smith

    As usual, Michael H. is right on the ball. He’s a national treasure. Thanks for posting it, Bonnie.

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