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Finance Is the New Mode of Warfare — Dr. Michael Hudson_on Guns & Butter

This show was broadcast February 27, 2011.
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War of Wealth

GUNS AND BUTTER with Bonnie Faulkner
Finance Is the New Mode of Warfare
– Dr. Michael Hudson

Interview with financial economist and historian, Dr. Michael Hudson, regarding the jobless recovery; the debt ceiling and default; China; Greece; banks, not countries, receive the bailouts; financial warfare; IMF and EU; European Central Bank; US credit default swaps; US agricultural exports create food dependency; currency devaluation devalues the price of labor; class war of banks against the rest of society. Dr. Hudson is President of The Institute for the Study of Long-Term Economic Trend, a Wall Street Financial Analyst, Distinguished Research Professor of Economics at the University of Missouri, Kansas City and author of “Super-Imperialism: The Economic Strategy of American Empire”. Visit his website here. See article on this subject here.


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