Preventing Debt Parasites

Max and Stacy talk to Dr. Michael Hudson about a solution to prevent the debt parasites from sucking the life force from the productive economy. They highlight the fact that the most productive period in US economic history was during the 1950s and 1960s, when household debt levels barely registered, and yet incomes and wealth were booming. Finally, they talk about how “creditor colonialism” damages the global economy and discuss what can be done about it.