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


  • Margaret Kimberley, BAR Executive Editor and Senior Columnist
    Mahmoud Khalil and the Criminalization of Anti-Zionism
    12 Mar 2025
    The influence of apartheid Israel extends all over the world. Its supporters demand that anyone expressing anti-zionist viewpoints be ostracized, harassed, or arrested. Now, zionists have added…
  • Editors, The Black Agenda Review
    Essay: The Caucasian Problem, George S. Schuyler, 1944
    12 Mar 2025
    “While we may dismiss the concept of a Negro problem as a valuable dividend-paying fiction, it is clear that the Caucasian problem is painfully real and practically universal.”
  • Ann Garrison, BAR Contributing Editor
    Podcasting Star Mario Nawful Talks to Rwandan President Paul Kagame
    12 Mar 2025
    High-profile X podcaster and Elon Musk protégé Mario Nawfal recently produced some slick propaganda with Rwandan President Paul Kagame. His team repeatedly asked me to record a six-minute response…
  • Raymond Nat Turner, BAR poet-in-residence
    State of the Union—or state of Capitalist decay?
    12 Mar 2025
    "State of the Union—or state of Capitalist decay?" is the latest from BAR's Poet-in-Residence.
  • Anthony Karefa Rogers-Wright
    The Fog of Class War
    12 Mar 2025
    A class consciousness among the working masses, one that takes the issue of race seriously, is critical at this moment. Still, the democrats are working to disrupt this effort to organize against the…
  • Load More
Subscribe
connect with us
about us
contact us