By Michael Hudson In April 2014, fresh from riots in Maidan Square and the February 22 coup, and less than a month before the May 2 massacre in Odessa, the IMF approved a $17 billion loan program to Ukraine’s junta. Normal IMF practice is to lend only up to twice a country’s quote in...
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IMF Loans for Ukraine’s disadvantage
Just as happened in Greece, the IMF is causing problems. Why does the Washington consensus continue to make prices more rather than less expensive? A short news piece on RT news.
America Unzipped
The latest instalment of the Hudson-Keiser interview series, this time on Russian sanctions and the affect on the US dollar subsidy. How many times can America hurt it’s economic prospects? Read my book the Super Imperialism to understand how the 1972 trends play out.
Washington Consensus Encloses Ukraine
More at The Real News The Real News Network West looks to ramp up gas production, as Vice President Biden’s son named leader in Ukrainian gas company Burisma – August 4, 2014 JESSICA DESVARIEUX, TRNN PRODUCER: Welcome to The Real News Network. I’m Jessica...
S for Saint Simon
Part S in the Insider’s Economic Dictionary S-curve: The typical shape of growth in nature, such as human beings whose height tapers off as they reach maturity. They also typify most business cycles, which taper off after an upswing as employment, raw-materials and resource...
US Fracking EU Sovereignty
Explosive! More to come on the Washington Consensus’ latest trickery.
Vulture Funds trump Argentinian sovereignty
More at The Real News PAUL JAY, SENIOR EDITOR, TRNN: Welcome to The Real News Network. I’m Paul Jay. The U.S. Supreme Court’s refusal to review a case in which vulture funds sued to make the Argentinian government pay them 100 percent of the...
Escaping the dollar
More at The Real News Is the New BRICS Bank a Challenge to US Global Financial Power? Michael Hudson and Leo Panitch discuss and debate the significance of the new international development bank created by Brazil, Russia, India, China and South Africa – 6...
Bank for Settlements annual report: Tax labor to pay bondholders.
On Boom Bust we discuss the Bank of International Settlements Report and where the US macroeconomy is heading. Starts about 4 minutes in.
No to currency slavery
From RT news Western support will allow more IMF and European lending to prop the Ukrainian currency so the Ukrainian oligarchs can move their money safely to British and US banks, economist and author Michael Hudson told RT’s Truthseeker. RT:Could you summarize for us...
Ukraine: Bureaucratic Bliss
More at The Real News Transcript WORONCZUK: So, Michael, let’s talk about the economic association agreement that Moldova, Georgia, and Ukraine signed with the E.U. last week. Let’s get a sense of what are the details of the agreement. And how does this differ...
Ukraine’s Gangster State
Hard and fast insights on Ukraine’s land-grabbing, with some frightening developments unfolding. I am interviewed briefly. This could well be another test on how far things can be pushed, building on Latvia. Share this. Transcript This is a rush transcript. Copy may not be...
Tea Party Winners
Why the Tea Party & European Right Are Winning Elections More at The Real News Michael Hudson: There is no real left-wing alternative to the right Bio Michael Hudson is a Distinguished Research Professor of Economics at the University of Missouri, Kansas City. His...
The Economic Crisis & Crisis Theory II
This panel explored causes of the Great Recession and the continuing economic sluggishness since the recession’s ended, as well as how the left can respond to this situation. In keeping with the conference theme, panelists addressed what different analyses and theories imply about the...
EU Voters Turn Against Austerity
More at The Real News Reflecting on this topic, I add: The US press and newscasts make it appear that Europeans have voted against poor immigrants and foreigners. What they voted against the super-rich, the oligarchy. The “foreigners” being opposed include the United States...
QE reduction in time for next speculative kickoff
More at The Real News JESSICA DESVARIEUX, TRNN PRODUCER: It’s been about four years since the financial crash, and the Federal Reserve has been scaling back its program of monthly purchases of government and mortgage bonds. Each month, they’ve tapered off their purchases by $10...
EU: nationalism a cover for austerity
The Ukraine sovereignty issue discussed in light of pro-Russian politics vs austerity comforts.
The New Cold War’s Ukraine Gambit
Michael Hudson The following article is from a new book, Flashpoint in Ukraine, edited by Stephen Lendman. It is currently available from Clarity Press as an e-book, and soon to be printed. Finance in today’s world has become war by non-military means. Its object...
Stockholm Syndrome in the Baltics
Latvia’s Neoliberal War Against Labor and Industry Published in The Contradictions of Austerity: The socio-economic costs of the neoliberal Baltic model Edited by Jeffrey Sommers & Charles Woolfson This article examines how neoliberal policymakers trained in the United States captured Latvia’s economic policy to...
The 1% and Piketty
More at The Real News Welcome to The Real News Network. I’m Jessica Desvarieux in Baltimore. And welcome to this edition of The Hudson Report. Now joining us is Michael Hudson. Michael is a distinguished research professor of economics at the University of Missouri-Kansas...
Books by Michael Hudson
