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


  • Crying at the Centro Fidel Castro Ruz
    Salifu Mack
    Crying at the Centro Fidel Castro Ruz
    07 Dec 2021
    The Cuban Revolution is a touch stone for all anti-imperialists.
  • Backed by AFRICOM, Corporations Plunder DR Congo for “Climate-Friendly” Materials and Blame China
    T.J. Coles
    Backed by AFRICOM, Corporations Plunder DR Congo for “Climate-Friendly” Materials and Blame China
    07 Dec 2021
    Mineral riches bring great power rivalry and resource wars to the Democratic Republic of Congo.
  • The American Prison System’s War on Reading
    Alex Skopic
    The American Prison System’s War on Reading
    07 Dec 2021
    Incarcerated people are banned from reading books with themes of Black liberation or leftist content.
  • Moroccans Protest Normalization of Ties with Israel
    Peoples Dispatch
    Moroccans Protest Normalization of Ties with Israel
    07 Dec 2021
    Governments choose to make deals that often do not reflect the wishes of the people. Normalization of relations with Israel elicited protests in Morocco, the latest state to
  • Barbados: the Long Road to the Republic
    Richard Drayton
    Barbados: the Long Road to the Republic
    07 Dec 2021
    The nation of Barbados recently became a republic, severing its ties with the British crown. The road to independence began years earlier as part a wider Caribbean movement.
  • Load More
Subscribe
connect with us
about us
contact us