Dear friends,
I can share with you know one, but TWO different versions of the transcript of my interview with Michael Hudson. One I had expected, one was directly sent to me by a reader. So rather than chose one, I will offer you both for download. Just click on this link to download either or both of these files:
https://drive.google.com/drive/folders/1WTrlFmW-D4nTY7IMPhDm3udLBYTJyc0d?usp=sharing
There is also a Russian version available here: https://aftershock.news/?q=node/1140295
Kind regards
Andrei
I thank you very much for providing the transcript. I skimmed it in 10 minutes vs listening for 1 hour.
I do not listen to political speeches. And, I do not have 1 hour to listen to political commentary.
My suggestion is this: Generate a transcript of every talk – do not waste time editing it. If a person like me finds some part of the transcription interesting, then I will dial in that part of the talk and listen to it.
Another suggestion for talks and transcripts: The author should provide up front a 50 word summary of the presentation. This is always done in legal briefs and executive summaries. Why can not political commentary do that too.
I second that suggestion. Also before downloading a video, I always want to know whether it is worth my while (on principll, I NEVER watch a video without downloading it first). Having a brief summary is immensely valuable.
@Saker: which interview? Weren’t there several? It is always better to specify a date! (Yea I know, there was one not so long ago …)
Thank you!
It is a very long and annoying job to transcribe voice recordings. I also have little time to listen to interviews, but for me to save an hour listening, a transcriber has to work for maybe eight hours, paid or unpaid. So either the producer has to put in the time and effort to produce text which the consumer can quickly take in, or the listener has to patiently listen for longer, which I do while eating/doing exercise etc. And you are not asking for money except voluntarily. So thanks, great job!
John.
John, thank you for acknowledging both the incredible amount of time and skill required to do a transcription, as well as the fact that this is unpaid, voluntary work.
The initial comparison of Nancy being insane and unpredictable is a very weak argument considering the world stage at the moment…
Very useful. Many thanks.
Fact check. One third of Californians are not Chinese.
I think Michael Hudson meant that one third of Californians in Pelosi’s district are Chinese, which is why she made the trip
Phew! Because Fred’s “One third of Californians are not Chinese” would mean that 66.6% of Californians were Chinese.
I do agree with professor Hudson. It will not be nice to be European in 2022-2032.
A comment on the WEF mention — it really is just a forum. If you listen to Beijing’s and Kremlin’s (or Trump’s) speeches there, they are consistent with their non-WEF speeches and certainly contradict many of the Western speeches at WEF. Just because someone shows up at Davos does not make them part of a decision-making cabal. Yeah, they are almost all wealthy powerful elites, but they have significant differences of opinion and vision.
Andrei,
First rate interview. But I’m perplexed that no one asks Hudson whether or under what conditions we might imagine a debt strike / debt jubilee of the Global South against the West, once BRICS / BRI / SCO alternative financing is in place.
He is perhaps the most knowledgeable of the major economists regarding the notion of debt cancelation / forgiveness–ie., the Jubilee concept.
Useful transcript .
There is a deafening silence, though, on national banking, as opposed to global central banking.
The US had 3 efforts at a National Bank, all sabotaged until the private FED.
Populists like Steve Bannon (of all people, if anyone knows) at CPAC called to End the FED.
Trouble is, there was no mention of it’s replacement.
Second silence – a New Bretton Woods will be need in the the new Multipolar World. The FDR original intent was to end all forms of colonialism as he told Churchill to his face. What Nixon deep-sixed in the 1970’s was already a Bretton-Woods heading back to colonialism. Any new Bretton Woods must explicitly declare the end of colonialism.
Russia’s EAEU and China are already well on the way to such agreements. The BRICS also.
But back to the US – to declare it has no chance to grow again is the London line, and simply unfounded.
Of course the US can get back on a science-driven massive development track – but first it will have to break up the 5 SIFI Banks, at least, with Glass-Steagall. All of this is proven, tested, the new aspect is modern energy such as a Manhattan Project for Fusion.
With such moves the US will find, again, it’s natural friends.
Thanks so much. Beautiful confrontation.
May I say that the road will be very very long and that, as Hudson said, the fall of capitalism will not be a nice sight at all?
And I don’t really think we are facing any fall of capitalism but just the fall of a predatory system.
China is also capitalistic but in a different way, a not predatory one.
So we are heading to a new form of capitalism, maybe a centralized statal one but still capitalism.
And I dare to say that the fall of the predatory one will be a really painful one, not just for Europe and Usa but for all the world because all is completely interlinked now.
And it will be decades of wars and sufferings, before the American predatory capitalism ends and falls apart.
But there is no other way.