Black Agenda Report
Black Agenda Report
News, commentary and analysis from the black left.

  • Home
  • Africa
  • African America
  • Education
  • Environment
  • International
  • Media and Culture
  • Political Economy
  • Radio
  • US Politics
  • War and Empire

Michael Hudson on Fictictious Capital, Interviewed by Max Keiser
Michael Hudson
01 Aug 2012
🖨️ Print Article

by Michael Hudson

When crooked bankers make loans against non-existent assets there are two names for the practice. One is "investment banking". The other is the f-word, "fraud".

Do you need and appreciate Black Agenda Report articles? Please click on the DONATE icon, and help us out, if you can.


More Stories


  • US Empire on the Ropes
    Black Agenda Radio with Nellie Bailey and Glen Ford
    US Empire on the Ropes
    24 Dec 2018
    We are witnessing “the beginning of the end of a world order that was hatched after World War Two,” said Duboisian scholar Dr Anthony Monteiro.
  • BAP Welcomes Trump Exit from Syria
    Black Agenda Radio with Nellie Bailey and Glen Ford
    BAP Welcomes Trump Exit from Syria
    24 Dec 2018
    The Black Alliance for Peace sees the Trump administration’s announced withdrawal of US troops from Syria as “an attempt to realign itself with international law.” The US presence in Syria is “ille
  • Bolton Threatens to Force Africa to Choose Between the US and China
    Glen Ford , BAR executive editor
    Bolton Threatens to Force Africa to Choose Between the US and China
    20 Dec 2018
    The Americans wager that they can exercise veto power over African political alignments by force of arms, through AFRICOM’s massive military infiltration of the region.
  • Nancy Sue Wilson 1937-2018
    Raymond Nat Turner , BAR poet-in-residence
    For Fancy Miss Nancy
    19 Dec 2018
    Guess who I saw today, black and white photo, Marching, Montgomery from Selma, ‘65? Guess who I saw at my high school swingin’ the Trio; urging us to stay in school?
  • Letters from Our Readers
    Jahan Chowdhry, BAR Comments Editor
    Letters from Our Readers
    19 Dec 2018
    Readers engaged us on questions of war, peace, and the ways forward for organized resistance.
  • Load More
Subscribe
connect with us
about us
contact us