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Michael Hudson On Why The US Risks Becoming The Next Greece
Odd Lots
Professor Hudson's Comparisons to the Chinese Model
Professor Hudson: I don't see any way of getting out of the level as long as we have to pay the debt legacy. And unless you alleviate the debt problem, you're going to be in a slow, new depression. Professor Hudson made similar points about what works in the Chinese model and this idea of the US perhaps moving closer to it.
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