Michael Hudson and Max Keiser: Fictitious Capital explained

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Max Keiser: fictitious capital with Michael Hudson – Professor Michael Hudson interviewed by Max Keiser about his new book ‘Bubble and Beyond’.

Published on Jul 28, 2012 by 

In this edition of the show Max interviews Michael Hudson from Michael-Hudson.com. He talks about the fictitious capital; what it is? And who is pushing it? Michael Hudson is President of The Institute for the Study of Long-Term Economic Trends (ISLET), a Wall Street Financial Analyst, Distinguished Research Professor of Economics at the University of Missouri, Kansas City and author of Super-Imperialism: The Economic Strategy of American Empire (1968 & 2003), Trade, Development and Foreign Debt (1992 & 2009) and of The Myth of Aid (1971).