Will The Western World Survive Its Rentier Economies?
Amongst other important topics, Dr. Michael Hudson explains why there's now zero prospect of the USA ever restoring its economy to the productive capacity it last enjoyed during the 1960s and 1970s.
The following text has been copied from Dr. Michael Hudson’s own website, before being slightly edited/syncopated. My own minor additions are enclosed in [square brackets], while deleted sentences/paragraphs are indicated thus [ …]. To visit the original text, click here to open his webpage in a new tab. To skip the related (intervening) text on this page, and jump straight to the two podcast…
View On WordPress













