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


  •  ‘We Will Prevail’: Cuba’s President Miguel DĂ­az-Canel
    Manolo De Los Santos
    ‘We Will Prevail’: Cuba’s President Miguel Díaz-Canel
    12 Apr 2022
    Cuba's president Miguel DĂ­az-Canel continues his country's struggle against U.S. attempts at domination. The Cuban people continue to make strides, in spite of the 60-year long blockade intended…
  • Socialism is the Key to Peace
    Fred M'membe
    Socialism is the Key to Peace
    12 Apr 2022
    The President of the Socialist Party of Zambia explains that imperialism is the root of the Ukraine anf other crises and that socialism is the solution.
  • US’s Flaunting of Diplomatic Immunity Challenged in Court –  Imprisoned Venezuelan Diplomat Contests Extraterritorial Judicial Abuse
    Roger D. Harris
    US’s Flaunting of Diplomatic Immunity Challenged in Court – Imprisoned Venezuelan Diplomat Contests Extraterritorial Judicial Abuse
    12 Apr 2022
    The Vienna Convention on Diplomatic Relations protects the rights of Alex Saab. But the Trump administration violated international law in charging him with a crime and the Biden administration…
  • US Officials Admit They’re Literally Just Lying To The Public About Russia
    Caitlin Johnstone
    US Officials Admit They’re Literally Just Lying To The Public About Russia
    12 Apr 2022
    Intelligent observers know that the state uses corporate media to spread its narrative. Recently the Biden administration admitted what was already obvious.
  • International Law and "European Civilisation"
    Christopher Gevers
    International Law and "European Civilisation"
    12 Apr 2022
    Despite its promises of universalism, international law has clearly not yet shaken its foundation as a racial order. The author observes the contradictions in South Africa.
  • Load More
Subscribe
connect with us
about us
contact us