Michael Hudson Quotes (3 Quotes)


    It's very difficult for the Iraqi government to govern because the security situation is still very unstable. Among the most pressing problems, the most pressing is to try to construct a military and security bureaucracy that is not essentially tainted by militias or militia loyalties.

    Certainly, anti-Syrian forces in Lebanon feel on the defensive, nervous, frightened, depressed. The Syrians may be out in one way, but in others they're always right around the corner and have sufficient friends and supporters in Lebanon that make it unli

    They're never going to be repaid. Adam Smith said that no government had ever repaid its debts and the same can be said of the private sector. The U. S. government does not intend to repay its trillion dollar debt to foreign central banks and, even if it did intend to, there's no way in which it could. Most of the corporations now are avoiding paying their pension fund debts and their health care debts.


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