Debt Rattle May 21 2016


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    NPC National Service Co. front, 1610 14th Street N.W., Washington DC 1920 • One-Third Of Chinese Real Estate Companies Are “Zombies” (Nikkei) • Defaul
    [See the full post at: Debt Rattle May 21 2016]

    V. Arnold

    Readers often ask me how they can learn economics. My answer is to spend many hours with Hudson’s book. First, read the book through once or twice in order to get an idea of what is covered. Then study it closely section by section. When you understand the book, you will understand economics better than any Nobel prize-winning economist.
    Paul Craig Roberts

    While not a fanboy of PCR’s; he definitely has his moments of clarity; Hudson is one of those moments, IMO.
    Hudson has often said that those educated in economics do not understand economics; by the intention of the courses taught…
    Debt is good, gold is not money, and neo-liberal economics is the savior of the world.
    Read Greaber’s book Debt, the first 5,000 Years; or listen to it for free here;,_The_First_5000_Years


    • Easy Money = Overcapacity = Deflation (Rubino)

    Just the latest ZH thinly-disguised “buy gold” infomercial.

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