Summary: "Debt Deflation in Europe and America" with Michael Hudson on Guns and Butter, for September 14, 2011 - 1:00pm European banking crisis causing a constitutional crisis of the European Central Bank; Germany; the myth of Social Security in the US.; bank balance sheet crisis; food, fuel and climate crisis; the super congress; debt deflation; FHA lawsuit against the banks; criminalization of the financial sector; Modern Monetary Theory; the coming lost decade; debt cancellation. Download Michael Hudson's website is: http://www.michael-hudson.com Source: KPFA Guns & Butter Aired: 9/14/11 12:00 AMThis podcast is an aggregate of audio files freely available online. Please visit the original source and subscribe to the host website.
