Michael Hudson Interviewed by Glenn Diesen
The rentiere economy. It's a really interesting take!
You end up with most of the economic growth being interest paid by landlords on their mortgages. See his book The Destiny of Civilization.
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Joining the dots:
- The Future is Closer than I Thought
- Modern Day Alchemy
- Peñico in Peru was constructed by a 5,000 year-old culture
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