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Michael Hudson On Why The US Risks Becoming The Next Greece
Odd Lots
Are We Going to Have a Financialized Asset-Driven Economy?
I don't see the United States getting more like China, despite MMT being used modestly. America is turning into a centrally planned economy, not planned by Washington, but planned by Wall Street. The coronavirus has simply left us idling at a low level. I am curious whether you sort of see the same thing as roughly 40 years ago, either some turning point or some great acceleration towards now.
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