Ah, crossing the global economy, im joined by my guess, Michael Hudson in new york. He is a professor of economics at the university, missouri, kansas city, as well as author of forgive them their debts in north florida. We have tom wango. He is publisher of gold, goats and guns, blog and newsletter. And in los angeles, we crossed to pi in he is a Strategic Planning consultant, a private equity advisor and independent economic analysts. Hi gentlemen, crosswalk rules and effect. That means you can jump any time you want. I always appreciated and this is certainly a blue ribbon panel. I act. Thank all 3 of you for joining me today. Michael, let me go to you 1st year. There seems to be a growing consensus that there is a recession is coming particularly for the west, maybe for the entire global economy. What makes this recession different . If it is different whatsoever, because i think all of us would agree a lot of the bad Economic News that were experiencing, particularly in the west,
Hello and welcome to cross out. Were all things are considered. Im peter lavelle. Probably the most important and impactful piece of political advice ever given was its the economy, stupid, indeed to economic and Financial Condition of any public transcends ideology. And it is ideology, neal liberalism, to be specific, to this driving the world into recession. Ah, cross sucking the global economy. Im joined by my guess, Michael Hudson in new york. He is a professor of economics at the university, missouri, kansas city, as well as author of forgive them their debts in north florida. We have tom wango. He is publisher of gold, goats and guns, blog and newsletter. And in los angeles, we crossed to pi, ian. He is a Strategic Planning consultant, a private equity advisor and independent economic analyst. Hi gentlemen, crosshead rules and effect. That means you can jump anytime you want. I always appreciated, and this is certainly a blue ribbon panel. I act. Thank all 3 of you for joining me
As well as author of forgive them their debts in north florida. We have tom wango. He is publisher of gold, goats and guns, blog and newsletter and in los angeles, we cross to pi, ian. He is a Strategic Planning consultant, a private equity advisor and independent economic analyst. I gentlemen cross our girls in effect, that means you can jump anytime you want. I always appreciated and this is certainly a blue ribbon panel. I act. Thank all 3 of you for joining me today. Michael, let me go to you 1st year. There seems to be a growing consensus that there is a recession is coming particularly for the west, maybe for the entire Global Economy. What makes this recession different if it is different whatsoever . Because i think all of us would agree a lot of the bad Economic News that were experiencing, particularly in the west, again, is self inflicted. Michael . Well, when people talk about recession, they think of a business, they go up and down and then recovering. And this isnt a busi
A whats your story with. Ready women, especially victims of violence in a lapse of it. Take part and send us your story. We are trying always to understand this new culture. So you are not a visitor, not the guests. You want to become a citizen. In phil migrants, your platform for reliable information ah, germany seizes control of more Critical Energy infrastructure from russian companies. 3 Oil Refineries owned by a subsidiary of russian state owned ra, snapped, now fall into federal hands, including critical facilities supplying berlin to take a closer look. Or so on our show, the leaders of russia and india meet on the sidelines of a summit and it was pakistan. What could it mean for the growing energy trade between the 2 nations and brazils 2 year old Digital Payment system picks has seen wide adoption. And some surprising uses on welcome to the show. Im seeing beardsley. Berlin has put the germans subsidiary of russian oil giant ross enough to under trusteeship. That means a feder
A private equity advisor and independent economic analyst. Hi gentlemen, crosswalk rules and effect. That means you can jump anytime you want. I always appreciated and this is certainly a blue ribbon panel. I act. Thank all 3 of you for joining me today. Michael, let me go to you 1st year. There seems to be a growing consensus that there is a recession is coming particularly for the west, maybe for the entire Global Economy. What makes this recession different . If it is different whatsoever, because i think all of us would agree a lot of the bad Economic News that were experiencing, particularly in the west, again, is self inflicted. Michael . Well, when people talk about recession, they think of a business, they go up and down and then recovering. And this isnt a business cycle. This is a change in the way the world is being organized for one thing, every recession since world war 2 ended has started with recovered with a much higher level of debt. And today, the level of debt has gr