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Economist Michael Hudson on debt relief, inflation, Ukraine disaster capitalism, petrodollar crisis

Geopolitical Economy Report

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Interest Rates and the Neoliberal Era

This chapter explores the correlation between interest rates and the rise of neoliberalism. It discusses the effects of dropping interest rates on different economic sectors and the misleading nature of interest rate charts. The chapter also delves into the concept of carry trade and its impact on the real estate market.

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