The debt explosion: How neoliberalism fuels debt crises (with Radhika Desai & Michael Hudson)

Political economists Radhika Desai and Michael Hudson discuss the massive explosion of debt in the US and around the world, and how neoliberal economics leads to large bubbles based on speculation and asset-price inflation. VIDEO: https://youtube.com/watch?v=A63afuvkbmk You can watch other episodes of their program Geopolitical Economy Hour here: https://youtube.com/playlist?list=PLDAi0NdlN8hMl9DkPLikDDGccibhYHnDP

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Geopolitical Economy Report is an independent news outlet that provides original journalism and analysis to understand the changing world.