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RP Live – Inside a Failed State with Michael Hudson
July 13 @ 3:00 pm EDT
Thursday, July 13th at 3 pm ET/12 noon PT
The US is a failed state with a paralyzed economy. We’re in a debt deflation and economic polarization that is transferring wealth and income away from labor, away from industry, and into the financial sector, or FIRE (finance, insurance, real estate).
Michael Hudson discusses this with Steve on the latest episode* of Macro N Cheese podcast. After listening to it, if you have questions for Michael, come to our July 13th webinar and ask him yourself!
*Find the episode here (beginning Saturday, July 8th)
Michael Hudson is President of The Institute for the Study of Long-Term Economic Trends (ISLET), a Wall Street Financial Analyst, Distinguished Research Professor of Economics at the University of Missouri, Kansas City. He is the author of Super-Imperialism: The Economic Strategy of American Empire (Editions 1968, 2003, 2021), ‘and forgive them their debts’ (2018), J is for Junk Economics (2017), The Destiny of Civilization: Finance Capitalism, Industrial Capitalism, or Socialism (2022), amongst many others.
Visit Michael’s website