Rescuing the Banks Instead of the Economy — on Guns & Butter

Coming up today and every Monday at 7:00 pm Pacific – 10:00 pm Eastern – 03:00 GMT

GUNS AND BUTTER with Bonnie Faulkner

Dr. Michael Hudson:
Rescuing the Banks Instead of the Economy

2018 marks the 10th anniversary of the stock market crash of 2008; the current financial malaise is the result of the bank bailouts, not the crash; an over-indebted economy cannot be saved unless the banks fail; debt deflation; the magic of compound interest; how pension funds, state and local governments adversely affected by the bank bailouts; growth of the financial extraction FIRE sector (finance, insurance and real estate); quantitative easing; asset price inflation; wealth concentrated at the top in Roman antiquity led to the Dark Age; Eurozone imposition of austerity Greek style; tariffs, economic sanctions and isolationism.

Produced, edited and mixed by Bonnie Faulkner, Yarrow Mahko and Tony Rango.


This encore show was broadcast on October 1, 2018.

      Listen to the Archive Here
For downloads and more click here to SUBSCRIBE!



Share

Comments are closed.

Archives

July 2022
S M T W T F S
« Jun    
 12
3456789
10111213141516
17181920212223
24252627282930
31  

User Login