The renowned heterodox financial economist and economic historian Dr. Michael Hudson will be visiting Australia in October.
Michael is another of the handful of economists who predicted the Global Financial Crisis, and he has since worked intensively with the governments of Iceland and Latvia to attempt to pull them out of the economic quagmire. He shares my expectations that the “green shoots” being spied by more conventional thinkers will wither under the weight of the private debt that created this crisis in the first place (and whose existence has been ignored in all the rescue plans to date).
