The Michael Hudson Series - Part 1 - The Housing Market
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so this is why the rent is so damn high in this cuntry!!
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we're being educated throught the net. If wasn't for the net we'd have to pay a fortune for this information.
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We must ensure the brain drain, for extra lulz.
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Michael Hudson desperately needs to show on a blackboard
the mathematical definitions, terms, and equations which relate those terms.
It is nearly impossible to understand what he is saying otherwise.
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Many thanks for trying to come up with elegant solutions to help ensure a safe, stable and secure society. Something which has been lacking for many decades now for whatever reason. A quick comment on the entire 4 part series :)
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@LastReplaySC - It's certainly no democracy: It's Plutocracy and Kleptocracy. What does he mean by the statement he makes at 0:34 , "Whatever the tax collector wishes is available to be paid out to money lenders". >???
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i love this guy! Real Estate speculation make simple.
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@yawnballsscratch they rather pump up the bubble and give away cheap money to the investment banks rather then scrubbing the debt. otherwise the ponsy sceme would collaps and we dont want the public to actually become debt-free! That would tottaly fuck up thier RACKET, wouldn't it now. no debt no money because effectivly the only thing that is backing money is to be paid future DEBT.
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in germany if you hold the building for at least 3 years you dont pay speculation taxes, with other word property gamblers don't pay taxes they dont realy invest in the buildings, and only in repairs that are all tax deductable and labled as property investment. its a pyramid sceme where building are falling apart with tenant in them and ever 3 years some one does a paintjob..... or replaces some brocken pipework ........ they are falling appart and are totally overvalued
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More of Michael Hudson, please!
And perhaps you could even get a few of the other gang8 members on board!
123web 2 years ago 15
this man knows his stuff.
siddhaam 2 years ago 11