The truth isn't pretty. It isn't sexy. And it unfortunately takes a long time to say. This isn't my first post featuring the wisdom of economist Michael Hudson. My first was on April 1 of this year (April Fool's Day) and titled What is Really Happening in the World. See it here. Michael Hudson is an American economist who is Professor of Economics at the University of Missouri–Kansas City and a researcher at the Levy Economics Institute at Bard College.
Here is an excerpt from the above video where Professor Hudson expresses his key point in under 3 minutes.
See my full Economics playlist here.
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