How and Why the US Cannot Recover: Is It a Failed State

Monday Jan 31 - Michael Hudson Michael Hudson’s many books include “Super Imperialism,“ “Killing the Host,“ “... And Forgive Them Their Debts,“ “The Bubble and Beyond,“ and “Global Fracture.“ This provocative title invites genuine discussion about the state of the US economy, its failures and what this might portend for the future of the US dollar as global reserve currency, the problem of the US balance of payments, and the role of military production in the US economy. Prof. Hudson is Distinguished Research Professor at the University of Missouri, Kansas City, and lectures at the University for Sustainability in Hong Kong. His frequent trips to China give him a unique understanding of long-term economic trends.