Why 3 US banks collapsed in 1 week: Economist Michael Hudson explains
Geopolitical Economy Report
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Is the Fed Going to Continue to Increase Federal Funds Rates?
After the 2008 crash, one of in addition to bailing out the big banks and all of this and the idea of too big to fail, one of the ways that the US had a so-called recovery was through quantitative easing. Now interest rates are rising, the federal funds rate is going up, it makes it more expensive to get money and this bubble that was created by the Fed is beginning to burst. So you've argued that this crisis is here to stay, there needs to be fundamental systemic change. It's going to either be stagflation with the continuation of these policies of QE and low interest rates or it's going to be economic crisis like we're seeing now. This
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