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Quote by Michael Hudson

“We've turned the post-war economy that made America prosperous and rich inside out. Somehow most people believed they could get rich by going into debt to borrow assets that were going to rise in price. But you can't get rich, ultimately, by going into debt. In the end the creditors always win.”

Author

Michael Hudson

Michael Hudson is a renowned economist, born in 1939. He has conducted extensive research in the field of economics, particularly in finance, real estate, and debt. Professor Hudson has held teaching positions at several prestigious universities and has authored numerous publications on economic theory and policy. more

“Europe is sort of like the Soviet Union in the '30s and '40s. There was an argument, is it reformable or not? There is a feeling, and I think it's correct, that the European Union, the eurozone, and the euro, is not reformable, as a result of the Lisbon treaties and the other treaties that have created the euro. Europe has to be taken apart in order to be put together not on a right-wing, neoliberal basis, but on a more social basis.”

Thinking Feelings Together Taken Argument Soviet Soviet Union European Union Euro

Author:Michael Hudson

“You could say that the vote to withdraw from Europe is, it's really a vote of the British middle class, the working class, to withdraw from the U.S. neoliberalism that has been running Europe for the last ten years.”

Running Vote Middle Class Working Class

Author:Michael Hudson

“Don't mess up the environment until you're quite sure what you're doing.”

Environment Mess

Author:Arthur C. Clarke

“I'm quite fond of the writer who told a beginning author, "If you've got a message, use Western Union."”

Western

Author:Arthur C. Clarke