Hudson Report

Another US Housing Bubble?
Economist Michael Hudson explains that even though housing prices are back up at 2008 levels homeownership is at a much lower level and banks have their loans guaranteed by the US government
Should Fed Taper QE If Banks Get Most of the Benefits?
UMKC professor of economics Michael Hudson explains how the bond-buying program helps keep interest rates low for everyday people but has also shored up bad mortgage loans of corrupt banks
The Reoccurring Financial Woes of Greece
Michael Hudson says a leading economist in the IMF European Division resigned in anger and had written a number of reports that denounced the IMF as captured by private bond holders and speculators when former chief Dominique Strauss-Kahn was its head
Fast Track for Whom?
Michael Hudson says fast track legislation takes decision-making power out of the hands of the legislators and puts it in the hands of corporate lobbyists
Europe Tilts East Towards China (2/2)
Economist Michael Hudson says China’s new international bank will be exempt from a US-veto, empowering other countries to lead development and perhaps challenge the use of the dollar as the currency of global capital
Europe Tilts East Towards China (1/2)
Michael Hudson Report: Britain, German, France and Italy are among those who joined Asian Infrastructure Investment Bank in an expression of their discontent over World Bank polices that force developing countries to depend on the US
Pensions of Union Workers Cut in Federal Budget
UMKC economics professor Michael Hudson discusses how Wall Street will profit as workers’ pensions get slashed
Russia Rejects South Stream Pipeline Through Europe
Hudson Report: Europe’s effort to join the US in isolating Russia has backfired, it makes no sense to build an oil and gas pipeline for Russian exports that would be owned and leased to them by the US and Europe
Russia Pivots to Eurasia for Trade and Military Alliances
Michael Hudson Report: The United State’s renewed cold war policy to isolate Russia is dividing Europe and changing the orbit for China and Asia
President Putin Pledges to Increase Trade with China and Asia to Rebuke Sanctions
The $400 billion, 40 year oil and gas deal between China and Russia is a response to the new cold war pressure and sanctions on Russia, says economist Michael Hudson
Why Are Stock Markets So Volatile?
A serious depression is pending as a result of austerity, says Professor Michael Hudson, author of The Bubble and Beyond, and Finance Capitalism and Its Discontents
Is Thomas Piketty Right About the Causes of Inequality?
Economist Michael Hudson discusses the popularity of French economist Thomas Piketty’s recent book and says his work fails to link the financialization of the economy to the ascent of the 1%
Investigation Finds Former Ukraine President Not Responsible For Sniper Attack on Protestors
Michael Hudson: A German TV investigation disproves the West’s claim that Yanukovych was responsible for killing of dozens of Ukrainian protestors, making this President Obama’s WMD moment
West Looks to Carve Up Ukraine & Privatize Industries Held by Kleptocrats
Michael Hudson: The financial grab for Ukraine’s industries is simply war by another name, as other Eastern European countries have experienced a similar fate