Summary: Interview with financial economist and historian, Dr. Michael Hudson. We discuss the US balance of payments trade deficit which creates US credit to finance the US national debt and war abroad; Russian economic shock therapy as the final stage of the cold war; the real estate bubble; permanent war and the inevitable collapse of the current US dominated global economic system. Download Michael Hudson's website is: http://www.michael-hudson.com Source: KPFA Guns & Butter Aired: 4/15/09 12:00 AMThis podcast is an aggregate of audio files freely available online. Please visit the original source and subscribe to the host website.
