Interview with Financial Economist and Historian, Dr. Michael Hudson; liquidity crisis in the banking system; wiping out of credit; demise of the dollar; stock volatility; hedge funds; sub-prime lending; real estate tax versus labor tax, etc. Dr. Hudson has been appointed Chief Economic Policy Advisor for the Kucinich for President campaign, and is writing a new tax policy for the United States. He is President of The Institute for the Study of Long-Term Economic Trend, a Wall Street Financial Analyst, Distinguished Research Professor of Economics at the University of Missouri, Kansas City and author of "Super-Imperialism: The Economic Strategy of American Empire".
Aired: August 15, 2007
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