The Mechanics of a Bond Market and its Impact on the Banking Crisis — Michael Hudson

http://mikenormaneconomics.blogspot.com/2023/03/the-mechanics-of-bond-market-an…

Created

Thu, 16/03/2023 - 03:52

Updated

Thu, 16/03/2023 - 03:52

A market valuation problem is not a fraud problem this time around.

Michale Hudson explains the big difference between this crisis and 2008.

Michael Hudson — On Finance, Real Estate And The Powers Of Neoliberalism

The Mechanics of a Bond Market and its Impact on the Banking Crisis
Michael Hudson | 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 Guest Professor at Peking University