www.nakedcapitalism.com/2026/06/mich...
"The destructive role of debt in our modern economic system, and how the cautions of classical economists about borrowing and rentierism have been excised from mainstream thinking."
The US financial system is built on debt.
R. C. J. Cranstoun spoke with Michael Hudson ont debt, rentierism, and the geopolitical rift over sanctions, energy, and the dollar system