Michael Hudson: The End of Western Civilization – Why It Lacks Resilience, and What Will Take Its Place

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Some observers of world affairs feel that Michael Hudson is the world’s greatest living economist.

Read Professor Hudson’s masterful perception/analyis of economic history and current economic conditions from his maximally-wide perspective – based on an immense knowledge of the subject obtained through decades of intense research and focused study, and there’s a very good chance you will agree and feel his Earth-sweeping message is of extraordinary significance for humanity now, during these unprecedented precarious days on Earth in July 2022…

The New Dark Age

Monday, 11 July 2022 — Michael Hudson

By Michael Hudson, a research professor of Economics at University of Missouri, Kansas City, and a research associate at the Levy Economics Institute of Bard College.

The greatest challenge facing societies has always been how to conduct trade and credit without letting merchants and creditors make money by exploiting their customers and debtors. All antiquity recognized that the drive to acquire money is addictive and indeed tends to be exploitative and hence socially injurious. The moral values of most societies opposed selfishness, above all in the form of avarice and wealth addiction, which the Greeks called philarguria– love of money, silver-mania. Individuals and families indulging in conspicuous consumption tended to be ostracized, because it was recognized that wealth often was obtained at the expense of others, especially the weak.

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Sergey Glazyev: For Those Who Still Don’t Understand

U.S./Western corporate media groups will most definitely NOT be reporting this side of the Ukraine-Russia story….

UPROOTED PALESTINIANS: SALAM ALQUDS ALAYKUM

May 04, 2022

Source:

Machine Translation and then checked and finessed by the Saker Blog Translators

I will try to briefly explain and justify the necessary measures to achieve Victory

A special military operation (SVO) revealed a plan prepared in advance by the US power and financial elite to seize power in Russia. It includes the following components and stages.

1. Wear out the Russian armed forces in a war with well-trained and directly controlled by the Pentagon fighters of the Armed Forces of Ukraine, “stitched” by the Nazis with a vertical of officers appointed by the US and British special services. Turn the population of Ukraine into zombies infected with Russophobia. At the same time, incite the international community against Russia, making accusations of war crimes and genocide against its leadership. On this basis, confiscate Russia’s foreign currency assets and impose total sanctions against it, causing the maximum possible…

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