In this wide-ranging conservation between Paul Jay and Michael Hudson, each shows how debt will continue to mount at the same time that people are less and less capable of paying their debts. This, combined with the Idiot King’s failure to bring back Yankee jobs, plus the trade wars with China (which the US is losing), and you are witnessing a slow to moderate-moving crash. Neither party is or will be able to stop it.
Read in Michael Hudson
