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Authored by Michael Hudson via NakedCapitalism.com Originally published in the Investigación Económica (Economic Research), produced by UNAM (Autonomous National University of Mexico) Abstract Interest-bearing debt grows exponentially, in an upsweep. The non-financial economy of production and consumption grows more slowly as income is diverted to carry the debt overhead. A crash occurs when a large […]
Posts Tagged ‘quandary’
Hudson On The United States’ Financial Quandary: ZIRP’s Only Exit Path Is A Crash
July 9th, 2023 
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New sanctions on Hezbollah puts U.S. government in a quandary
November 16th, 2020 Awake Goy Download App© Haaretz Daily Newspaper Ltd. All Rights Reserved News and Partnerships Life and Culture Columnists and Opinion Haaretz Heb and TheMarker Haaretz.com, the online edition of Haaretz Newspaper in Israel, and analysis from Israel and the Middle East © Haaretz Daily Newspaper Ltd. All Rights Reserved Views: 0
Teleportation in Argentina: The quandary of Route 5
November 17th, 2017 Awake Goy To drive along the segment of National Route 4 connecting Trenque Lauquen and Santa Rosa can lead to unforeseen situations, such as instantaneously going from kilometer 460 to the kilometer 580 marker, a circumstance that leads to surprise, incredulity and even fear — all of this arising from an experience that UFO researchers have […]
