RP Live - Inside A Failed State with Michael Hudson

The US is a failed state with a paralyzed economy. We’re in a debt deflation and economic polarization that is transferring wealth and income away from labor, away from industry, and into the financial sector, or FIRE (finance, insurance, real estate). Michael Hudson discusses this with Steve on the latest episode* of Macro N Cheese podcast as well. In this event, Michael Hudson answers questions from attendees. Chapters: 00:00 Introduction 10:35 John’s Comment: Taxes Funding Healthcare 17:32 Virginia Follow up Question on Super Imperialism 19:13 Q from Thomas Jordan 21:05 Q from William Gills 24:24 Q from Flo’s on Quantitative easing 29:19 Q from Elizabeth Meyer 35:01 Q from Carl Sanchez 46:27 Q from Tusker 50:47 Q from Virginia on the Real Economy 54:19 Q from Tim 56:29 Q from John Shriner 01:01:03 Q from Anne Garneau 01:02:05 Q from Steven Katz 01:04:25 Q from Danny 01:08:28 Q from John Bloomfield 01:14:13 Q from Flo (second) 01:18:06 Q from Flo (3rd) 01:33:19 Closing