Our Awful Situation

Archive for the ‘Economic Depression’ Category

‘The game is over. There won’t be a rebound’: An interview with Michael Hudson on the economy

Posted by Charlie Kilo on July 7th, 2008

Michael Hudson is a former Wall Street economist specializing in the balance of payments and real estate at the Chase Manhattan Bank (now JPMorgan Chase & Co.), Arthur Anderson, and later at the Hudson Institute (no relation). In 1990 he helped established the world’s first sovereign debt fund for Scudder Stevens & Clark.

Dr. Hudson was Dennis Kucinich’s chief economic advisor in the recent Democratic primary presidential campaign, and has advised the U.S., Canadian, Mexican and Latvian governments, as well as the United Nations Institute for Training and Research (UNITAR). A distinguished research professor at the University of Missouri, Kansas City (UMKC), he is the author of many books, including Super Imperialism: The Economic Strategy of American Empire (new ed., Pluto Press, 2002) He can be reached at mh “at” michael-hudson.com.

Read the Interview here.

‘Prolonged Slowdown’ Coming: BoNY Mellon President

Posted by Charlie Kilo on June 28th, 2008

L.A. seeing more people living out of their cars

Posted by Charlie Kilo on June 24th, 2008

Communities suffer as foreclosure rate rises

Posted by Charlie Kilo on June 24th, 2008

Central bank body warns of Great Depression

Posted by Charlie Kilo on June 16th, 2008

Dow falls on poor jobs report, oil at $133 per barrel

Posted by Charlie Kilo on June 6th, 2008

Economic ‘misery’ more widespread

Posted by Charlie Kilo on May 14th, 2008

Higher Gas Prices Eat Up Much of Stimulus Check

Posted by Charlie Kilo on April 29th, 2008

Howard J. Ruff: Hyper-inflationary depression coming

Posted by Charlie Kilo on April 23rd, 2008

Credit crisis hits student borrowers

Posted by Charlie Kilo on April 20th, 2008

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