this post was submitted on 08 Oct 2023
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America is now paying more in interest on its record $33 trillion debt than on national defense — here's who holds the IOUs (finance.yahoo.com)
submitted 1 year ago by yogthos@lemmygrad.ml to c/us_news@lemmygrad.ml
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[–] davel@lemmygrad.ml 11 points 1 year ago (1 children)

I swear if it weren’t for Michael Hudson’s writings & interviews, I wouldn’t understand half the things I do. He’s an invaluable resource on domestic & international economics (and politics, and history for that matter).

[–] yogthos@lemmygrad.ml 11 points 1 year ago (1 children)

Yeah, he's very good at contextualizing this stuff and giving a lucid explanation of the dynamics behind western financial capitalist system. I find Radhika Desai is also excellent. I love the show they do together.