Top 50 Michael Hudson Quotes (2024 Update) [Page 2]

51. “One of the big problems in America’s economic polarization and shrinkage is that pensions can’t be paid. So there are going to be defaults on pensions here, just like Europeans are insisting in rolling back pensions. You can look at Greece and Argentina as the future of America.”

— Michael Hudson

52. “Debt leveraging is a major reason why the United States and Britain have lost their industrial advantage. Debt-inflated costs for housing, education and other basic needs have priced their labor out of markets abroad and at home.”

— Michael Hudson

53. “Eurozone financial institutions have sought to impose Latvia’s “model” austerity on Ireland, Spain and Portugal – and most of all, on Greece, which is being made an object lesson of how creditor powers will treat countries that try to extricate themselves from debt, unemployment, privatization, emigration and demographic collapse.”

— Michael Hudson

54. “Popular morality blames victims for going into debt – not only individuals, but also national governments. The trick in this ideological war is to convince debtors to imagine that general prosperity depends on paying bankers and making bondholders rich – a veritable Stockholm Syndrome in which debtors identify with their financial captors.”

— Michael Hudson

Motivational Quotes

Inspirational Entrepreneurship Quotes

Positive Quotes

Albert Einstein Quotes

Startup Quotes

Beautiful Wallpapers and Images

We hope you enjoyed our collection of 50 Michael Hudson Quotes.

All the images on this page were created with QuoteFancy Studio.

Use QuoteFancy Studio to create high-quality images for your desktop backgrounds, blog posts, presentations, social media, videos, posters, and more.

Thank you!

Please check your email.

Learn more

Top 50 Michael Hudson Quotes (2024 Update)Page 2 of 2

Beautiful Wallpapers and Images

Thank you!

Top 50 Michael Hudson Quotes (2024 Update)
Page 2 of 2