Professor Michael Hudson on the GFC

[LCTesla]

how does Hudson reconcile his views on the inflationary effect of foreigners dumping the US dollar and this debt-deflation that he and people like Steve Keen keep talking about..? does it simply mean that the Fed doesn't "get to" monetize debt in the process of stabilizing the currency, seeing as how it stabilizes on it's own accord..?

[Bunnydancer777]

Do some rewsearch on Golsman sachs (and Paulson treasury secretary under Bush, ex CEO of Goldman who threatened congress behind closed doors for the $700 billion.

Goldman was behind the real estate scam, the peso collapse, more recently the economic collapse of Iceland and Greece.

Google" VDARE Bush 5 million minority homeowners"

This was premeditated and deliberate.

It is ECONOMIC WARFARE...and Goldman sachs is at the center of it.