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


  • Against the “Triple Evils”: The Biden Administration’s Affront to Dr. King’s Legacy
    Charisse Burden-Stelly, PhD
    Against the “Triple Evils”: The Biden Administration’s Affront to Dr. King’s Legacy
    19 Jan 2022
    Joe Biden and other politicians may evoke Dr. King's legacy but their actions are an affront.
  • Biden-Harris and the Never-Ending Commitment to War and Terror
    Salifu Mack , Erica Caines
    Biden-Harris and the Never-Ending Commitment to War and Terror
    19 Jan 2022
    Imperialism is the order of the day for Biden and Harris. There is no harm reduction for the U.S. or for people around the world.
  • Biden and His Promises, Promises. Why Did You Believe?
    Jacqueline Luqman
    Biden and His Promises, Promises. Why Did You Believe?
    19 Jan 2022
    Presidential candidate Joe Biden promised action on issues that had broad public support. But once in office he refused to do what the people wanted.
  • Environmental Racism Photo credit - Flickr ©Lorie Shaull
    Anthony Rogers-Wright
    For Black People, Ridin’ With Biden is a Health Hazard
    18 Jan 2022
    Like all of his predecessors, Joe Biden is in the pocket of fossil fuel corporations and other polluters. Environmental racism is a byproduct of this corruption.
  • The Disintegrating Façade of US Democracy
    Netfa Freeman
    The Disintegrating Façade of US Democracy
    18 Jan 2022
    The use of the word democracy in this country is farcical. It is meant to hide that an oligarchy is in power.
  • Load More
Subscribe
connect with us
about us
contact us