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


  • My Talk with President Joe from Scranton about Ukraine
    Mark P. Fancher
    My Talk with President Joe from Scranton about Ukraine
    15 Mar 2022
    Despite the dangers it presents, the crisis in Ukraine is ripe for satire.
  • “Artistic Freedom,” Censorship, Counter-Revolution, and Cuba
    Ike Nahem
    “Artistic Freedom,” Censorship, Counter-Revolution, and Cuba
    15 Mar 2022
    The human rights industrial complex attacks the Cuban government with a dubious petition.
  • America’s New Dystopian Normal
    Donald Earl Collins
    America’s New Dystopian Normal
    15 Mar 2022
    The high covid death toll in this country is a result of capitalist austerity policies.
  • Many Africans Reject Washington’s Position on Ukraine Crisis
    Abayomi Azikiwe
    Many Africans Reject Washington’s Position on Ukraine Crisis
    15 Mar 2022
    Many African nations refrain from condemning Russia's role in the Ukraine crisis.
  • In Praise of "Whataboutism"
    Margaret Kimberley, BAR Executive Editor and Senior Columnist
    In Praise of "Whataboutism"
    09 Mar 2022
    The word "whataboutism" is used to silence and insult opponents of U.S. imperialism. It should be embraced as a means of revealing what is too often kept hidden.
  • Load More
Subscribe
connect with us
about us
contact us