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Quote by Michael Hudson

“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.”

Quote by Michael Hudson

Book:Killing the Host: How Financial Parasites and Debt Bondage Destroy the Global Economy
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Killing the Host: How Financial Parasites and Debt Bondage Destroy the Global Economy

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Author

Michael Hudson
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

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