America: Host or Parasite? — Dr. Michael Hudson _ on Guns & Butter
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America: Host or Parasite? — Dr. Michael Hudson
Interview with financial economist and historian, Dr. Michael Hudson. 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”. We discuss the US balance of payments trade deficit which creates US credit to finance the US national debt and war abroad; Russian economic shock therapy as the final stage of the cold war; the real estate bubble; permanent war and the inevitable collapse of the current US dominated global economic system. Visit his website at www.michael-hudson.com. This was recorded in March 2007, but it turns out that Dr. Hudson has predicted the economic collapse very accurately. Don’t Miss this One!!!