Geopolitical Economy Report A new Third World debt crisis? The need for system change
Jun 22, 2023
Political economists Radhika Desai, Michael Hudson, and Ann Pettifor discuss the growing third world debt crisis, origins of the crisis, concerns about commercial real estate, debt repayment challenges, Wall Street's influence, and the current debt crisis and its specificity.
Chapters
Transcript
Episode notes
1 2 3 4 5 6 7
Introduction
00:00 • 3min
Understanding the Third World Debt Crisis: Past and Present
02:34 • 5min
Origins and Impact of the Debt Crisis
08:03 • 27min
Concerns about Commercial Real Estate and the Unstable Economic System
35:14 • 4min
Debt repayment challenges, impact of US policies, and geopolitical realignment
38:45 • 4min
Wall Street's Influence, Shadowbank Ecosystem, and Global Commodity Prices
43:05 • 5min
The Current Debt Crisis and its Specificity
48:18 • 12min