Why 3 US banks collapsed in 1 week: Economist Michael Hudson explains

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  • Опубликовано: 3 янв 2025

Комментарии • 683

  • @kirchhoferdrums
    @kirchhoferdrums Год назад +282

    Happy Birthday, Professor Hudson. Best wishes for your continual health as we approach this most significant period in our history. The world and Americans desperately need the benefit of your knowledge and wisdom!

    • @lindagonzalez5513
      @lindagonzalez5513 Год назад +7

      Agreed !

    • @RocketGator05
      @RocketGator05 Год назад +1

      What are your thoughts on Brendon Lee O'Connell's take on this and it's connection to the Private bank of Boston and the drug cartel in New Hampshire?

    • @rebornkingofthule7067
      @rebornkingofthule7067 Год назад

      don't like this
      But bank of America is the normal
      Trajectory by that logic you should all long $SIVB an I personally am
      Come to $ampe ampio pharma amex use interest rates against these parties
      Over sold low floats are salvation.
      Ban social impact bonds crypto an esg

    • @rebornkingofthule7067
      @rebornkingofthule7067 Год назад

      ​@@RocketGator05 boston fed funded every last nft an crypto scam now there rolling out the solution

    • @rebornkingofthule7067
      @rebornkingofthule7067 Год назад

      Judith Rodin of Stanford an Rockefeller foundation of course an places like Wharton business school did the modeling

  • @rochelleglickman8162
    @rochelleglickman8162 Год назад +137

    Happy Birthday, Mr Hudson. I think you are one of the greatest economists living.

    • @falloftheeagle8645
      @falloftheeagle8645 Год назад +4

      N still looking young n handsome as before

    • @Kinkle_Z
      @Kinkle_Z Год назад +5

      That's why they call him "The Economists' Economist." He's the creme de la creme.

    • @rogerburn5132
      @rogerburn5132 Год назад +2

      He is the BEST no question about that

  • @janicetone1624
    @janicetone1624 Год назад +150

    Dr. Michael Hudson is a treasure grove of deep knowledge. Please bring him back more often.

    • @baruasafi5880
      @baruasafi5880 Год назад +4

      Grove or trove?

    • @janicetone1624
      @janicetone1624 Год назад +2

      @@baruasafi5880 Trove. Thanks for your help, I had "fat fingers syndrome". 🖐

    • @eifelitorn
      @eifelitorn Год назад +1

      he is featured on this channel pretty damn often, every 2 weeks or so

    • @kasikwagoma6740
      @kasikwagoma6740 Год назад

      ​@@janicetone1624 I knew it was a mistyping. Look at where t and G are positioned on the keyboard.

  • @holgol00
    @holgol00 Год назад +81

    Michael Hudson is the best! Happy birthday to him!

  • @tompham637
    @tompham637 Год назад +95

    Thank you Dr. Michael Hudson for the analysis and assessment.

  • @BallyBoy95
    @BallyBoy95 Год назад +117

    Freaking love Michael Hudson, thank you for having him on. I am definitely interested in hearing what he has to say about this.

  • @OrwellsHousecat
    @OrwellsHousecat Год назад +57

    84? Gosh! He's still prolific

    • @EJARNY
      @EJARNY Год назад +11

      Like Seymour Hersch !

    • @markrice3019
      @markrice3019 Год назад +3

      @@EJARNY 😀😃

    • @donacatanguma
      @donacatanguma Год назад +1

      84 is the new 50. Happy Birthday Professor Hudson!

  • @thetreekeeper143
    @thetreekeeper143 Год назад +62

    Both Professor Hudson and Professor Wolf are the best economists in explaining economics in layman's terms.

    • @barbaracrisp6121
      @barbaracrisp6121 Год назад +1

      Wolff? As in Richard Wolff? Nah, he is best known for his labor views, he is not an economist and knows nothing about true economic mechanics.

    • @thetreekeeper143
      @thetreekeeper143 Год назад +2

      @@barbaracrisp6121 you must be his angry Ex?

    • @MP-ut6eb
      @MP-ut6eb Год назад +1

      ​@@barbaracrisp6121 Sure Barbara... sure

  • @savvybytes3748
    @savvybytes3748 Год назад +147

    Michael Hudson’s lived experience is unparalleled and is reflected in his analysis and knowledge of history and economics that no one else can bring to the table.
    🎈Many happy returns of the day, sir!!! 🎉

  • @Gi-Home
    @Gi-Home Год назад +38

    Happy birthday Mr Hudson. Always enjoy listening to Michael Hudson, the man is brilliant.

  • @user-im6fy4qp6m
    @user-im6fy4qp6m Год назад +21

    you forgot to mention the CEOs and all the top officers of SVB unloaded all their SVB stock 3 months ago. then paid themselves and their employees bonuses on the Friday morning just 3 hours before they were taken over by the FDIC. they knew this was coming.

    • @crhu319
      @crhu319 Год назад +1

      Peter Thiel collapsed the crypto sector.

  • @Anemoia100
    @Anemoia100 Год назад +34

    What a treat it is to have the legendary Dr Hudson explaining this to us. Happy Birthday! I sincerely hope you have many more! 🙌🏾thank you Ben🙏🏾

  • @Kinkle_Z
    @Kinkle_Z Год назад +86

    I love the way Michael Hudson explains things! It all makes sense! Happy Birthday!

  • @shenkoyah
    @shenkoyah Год назад +24

    I am in total agreement, He is one of the most truthful and insightful economists of our time!

  • @juanRodriguez-pj1gd
    @juanRodriguez-pj1gd Год назад +61

    I am experiencing exactly what Dr Hutson is describing. I moved to Florida from Pittsburgh in September 2019 and begin paying $1300 x month in rent for an old 2 rooms appartment. Now I’m paying $2600 x month for the same exact old appartment. Moreover, houses price where I live have increased by more than $300K on average in last 3 years. I hate the corrupt political class in this country.

    • @user-im6fy4qp6m
      @user-im6fy4qp6m Год назад +13

      we all are. i wont be able to afford my apartment after next years raises. im already spending 80% of my income on rent. my rent has gone from $1450 6 years ago to $2700 now. i have nowhere to go, everywhere else is just as expensive. i am looking to move states its the only way to get to cheaper rent but then i have no job. we are in for a huge financial crisis and great depression coming up. and it was all by design to destroy the middle class.

    • @yananneteoh9818
      @yananneteoh9818 Год назад

      Yes, it's a flipping weird govt. you have in the US!!!
      They 🤗're only seeking to make our lives dam miserable. They hate people - my heart breaks for all the homeless Americans... yet, they're waiting to start the next war with China! Don't believe in the lies and distortions that China's ac threat...❤the tragic❤ of truth is China can be of indispendable
      help. I think
      every American😅 must stand up and face the govt llike thhe happy, ignorant Vice- President😢 demonising China and Russia... we're facing a nuclear war... we must fight for PEACE... Fight for Change
      I wish you all strength to make your life happy and good ... don't let the baddies take over the US.., 🙏🙏

    • @crhu319
      @crhu319 Год назад +3

      Yet you would not join a movement to collective housing or overturn banksters.

    • @RussCR5187
      @RussCR5187 Год назад +12

      @@crhu319 I really don't understand why people think that put downs, no matter how subtle, are effective ways of communicating. Why not just say, "FYI, there are movements you could join that focus on collective housing or overturning banksters"?

    • @AnhNguyen-hn9vj
      @AnhNguyen-hn9vj Год назад +1

      you need to find roommate for apartment renting. That's how all students live when they start out with little money.

  • @michstockholm1164
    @michstockholm1164 Год назад +68

    Happy 84th birthday, Professor! Please care for yourself and live much longer - we need you!

  • @georgecitizen7405
    @georgecitizen7405 Год назад +49

    Professor Hudson happy birthday. May God give you a long long life. We need people like you in this critical period of our country.
    I hope I can be present in one of your live speeches. Thank you Ben, you and people like you are the future of this country,

  • @from_each_to_each_1848
    @from_each_to_each_1848 Год назад +48

    Thank you for another outstanding analysis, Professor Hudson. Happy birthday!

  • @johnchemist8628
    @johnchemist8628 Год назад +12

    Michael Hudson is BRILLIANT. And also had a kind and compassionate heart. ❤

  • @carlchapman3749
    @carlchapman3749 Год назад +3

    Thanks!

  • @arlenechambers5627
    @arlenechambers5627 Год назад +15

    Happy Birthday Professor!

  • @kamilla1960
    @kamilla1960 Год назад +26

    Thank you! Happy Birthday Professor Hudson! May you enjoy many more years of health and productivity!

  • @radams2403
    @radams2403 Год назад +23

    Happy Birthday, Professor Hudson and thank you for this interview you've had with Ben. You sure do invite some amazing, quality guest speakers Ben. It's so great to have their insight shared with us. You're definitely worth more money.

  • @rosindasantinha6637
    @rosindasantinha6637 Год назад +11

    Happy birthday Mr Hudson. Thank you so much.

  • @lucymatos2274
    @lucymatos2274 Год назад +10

    Hello from Yonkers,N.Y Happy birthday Michael Hudson I wish you many years healthy.Blessings❤️🙏❤️

  • @vincenttayelrand
    @vincenttayelrand Год назад +19

    Thanks mr Hudson for making sense of the latest crisis - our esteemed press has been even more useless than usual in this specific case.

  • @hhheee3939
    @hhheee3939 Год назад +15

    Happy Birthday prof. Hudson- guys this gentleman is a national treasure. I wish he were more well known amongst the citizenry. I can only hope to be as sharp as prof hudson in my 80s.

  • @MrPatrickslovell
    @MrPatrickslovell Год назад +18

    Happy Birthday Professor Hudson. You are the most powerful economist in the world, and so much more. We're so fortunate for your prolific work. Thank you.

    • @ValMartinIreland
      @ValMartinIreland Год назад

      I would have added Sam Banksman Fried's XTF bank to the list.

  • @minimalisticapprentice2288
    @minimalisticapprentice2288 Год назад +9

    Happy birthday professor Hudson!🎉🎉

  • @ericcwalinski
    @ericcwalinski Год назад +13

    Every time I watch Hudson, I am impressed at how well he understands everything. I should stop being surprised

  • @robbiewizz658
    @robbiewizz658 Год назад +26

    Happy Birth day Michael .you and Ben amongst others have drawn me in to the current and historical geopolitical events taking place and how they’ve come to be
    Thank you

  • @teardrop720
    @teardrop720 Год назад +10

    Happy birthday, Professor Hudson!!! Wishing you all health, prosperity and happiness!! Thank you for sharing your knowledge with us!

  • @nunyabizness8246
    @nunyabizness8246 Год назад +28

    MH is the best economist we the people have. He is a powerhouse. Thank you for educating me and awakening me out of my slumber. You are so very much appreciated by me.

  • @judith4505
    @judith4505 Год назад +14

    Professor Hudson, Happy Wonderful Birthday

  • @darrylknight2675
    @darrylknight2675 Год назад +10

    I wish more people could hear Dr. Hudson .

  • @XykcTepa
    @XykcTepa Год назад +28

    It's not Socialism for the rich and capitalism for the poor, it's "Socialism for the rich, Austerity for the poor!" - as per Mark Blyth

    • @preemptivekicks1355
      @preemptivekicks1355 Год назад

      Naw, it's just plain ol Capitalism, which always favoured the rich and punished the poor. That's why they defend it so.

    • @jared_r
      @jared_r Год назад

      Yes. The bottom 99% provide handouts and safety nets to the top 1%. The US is a socialist country, it’s just turned upside down.

    • @gregorys99
      @gregorys99 Год назад +1

      True.

  • @MewcePewpz
    @MewcePewpz Год назад +11

    Happy birthday Sage Hudson! Fascinating stuff here, wish every American watched and comprehended this!!

  • @Eleventyeight118
    @Eleventyeight118 Год назад +10

    Happy Birthday, Mr. Hudson!! Really love your work!!

  • @wtfuxdood
    @wtfuxdood Год назад +14

    I see Michael Hudson, I click.

  • @coshyno
    @coshyno Год назад +14

    Happy Birthday, Professor Hudson. I really hope to see him more often on your show Ben ! I always learn a lot sometimes I hear terms I haven't got a clue about but then again I look it up and learn what it means. Thanks for the show !

  • @firnantok
    @firnantok Год назад +10

    Happy birthday, Mr Hudson!

  • @truthaboveall7988
    @truthaboveall7988 Год назад +5

    Side note missing - Jim Cramer pumped Silicon Valley stock a month ago & insiders offloaded their shares including Peter Theil the far right technocrat who’s in the PayPal mafia

  • @corbynite2004
    @corbynite2004 Год назад +8

    Happy Birthday Michael Hudson! You don't look 84 at all, I would have guessed 64!

  • @SteveSmith-mw5zk
    @SteveSmith-mw5zk Год назад +28

    Thanks Ben for having Michael Hudson on to explain the latest capitalist skullduggery of the moment, those ghouls won't stop

  • @MrPatrickslovell
    @MrPatrickslovell Год назад +10

    My God I love Michael Hudson. Well done Ben!

  • @redkellyre6568
    @redkellyre6568 Год назад +10

    Beat wishes and health to you Michael Hudson on your Birthday and Everyday.

  • @lysue456
    @lysue456 Год назад +4

    Happy 84th birthday, Prof. Michael Hudson.

  • @jeffberlin4179
    @jeffberlin4179 Год назад +8

    Happy Birthday Michael.
    Thanks for the education.

  • @buttercuptaylor7135
    @buttercuptaylor7135 Год назад +21

    The Oligarchs should "Beware the Ides of March", for Mr. Hudson brings the truth!

  • @kateoneal4215
    @kateoneal4215 Год назад +4

    WOW!!! Two of my favorite gurus!!!!

  • @MAdams-ey4if
    @MAdams-ey4if Год назад +2

    Daaaaaaammmn, Mike Hudson is 84! Happy B'day, Bru!

  • @ronrice1931
    @ronrice1931 Год назад +30

    "Crypto was the libertarian answer to socialism, and I think socialism has won that fight." Exactly!

    • @alterego157
      @alterego157 Год назад +2

      Exactly what? He doesn't even understand the difference between a fraudulent exchange and crypto.

    • @jared_r
      @jared_r Год назад

      @@alterego157 right. He also doesn’t understand that the people in actual communists countries are using crypto for cross border payments precisely because they don’t fall under the US gov’s murderous sanctions. Hudson can be very insightful within the very narrow topic of gangster capitalism, but even on that, it’s like how does it not occur to him that the Western imperialists/IMF/WEF/NATO 🦑 obviously see crypto as a big problem for them, precisely because they don’t have control over it (and hopefully they never do).

    • @drewm9903
      @drewm9903 Год назад +1

      Because "get rich quick" schemes tend to not meet with reality.

  • @Harry-zc8rg
    @Harry-zc8rg Год назад +14

    Amazing stuff Ben. Happy birthday to the professor!

  • @homapirzadeh3930
    @homapirzadeh3930 Год назад +8

    Happy birthday Professor Hudson!🎉🙌👏👏

  • @highdynamicphotographyfilm2235
    @highdynamicphotographyfilm2235 Год назад +5

    Happy birthday Prof. Hudson

  • @carpediem44
    @carpediem44 Год назад +16

    When they come for my student loan, I'm telling them I'm a commercial bank.

  • @mariarobles6426
    @mariarobles6426 Год назад +6

    Ben ..I am so surprise every time how low your subscriptions are with such a magnificent program as yours. From Honduras ♥️♥️

    • @casteretpollux
      @casteretpollux Год назад +1

      Like, share and subscribe. It will help grow Ben's subscriber numbers

    • @zacboyles1396
      @zacboyles1396 Год назад

      He took a very hostile position when many subscribers were advocating we take advantage of the declared pandemic to heavily scrutinize big pharma. He doubled down on the hostility and increased attacks on anyone who even mentioned interest in the direction of the Canadian protests. For whatever reason he felt the need to inform everyone how evil the organizers were even though numerous livestreams showed an a-political public, protests were filled with families and - shocker - MSM lied about the “white supremacy” as they intentionally ignored the very diverse participation. It’s sad to think about but how bad it got, I couldn’t help but question if he was even acting in good faith or not. Hopefully he’s come around on things since then.

  • @uwo7130
    @uwo7130 Год назад +4

    Happy Birthday, Mr Hudson!!

  • @user-jp5pf9nm1z
    @user-jp5pf9nm1z Год назад +4

    Happy birthday Professor Hudson!!!!❤️🎉🎈

  • @ndouglas120
    @ndouglas120 Год назад +4

    Happy Birthday Michael!!! I hope you live forever!

  • @chachi958-rg8ju
    @chachi958-rg8ju Год назад +4

    Been waiting for this!

  • @oramaspilsbury275
    @oramaspilsbury275 Год назад +7

    Happy Birthday Michael! You’re the greatest👋🏽😁

  • @minhng7208
    @minhng7208 Год назад +5

    I wish Prof Hudson all the best

  • @ESuccessMasters
    @ESuccessMasters Год назад +5

    Wow ? ❤❤❤❤. Happy Birthday. Professor Hudson It was Michael Hudson’s work that introduces me to Real Economics. Love his work and videos 🙏🙏🙏❤️❤️❤️💖. Wishing a wonderful day. My my 84 goodness me ! I had no idea

  • @sellomohapi
    @sellomohapi Год назад +13

    Happy birthday Prof, I've learnt a lot from you and this channel provided me with invaluable perspective to the global finance and politics thanks a lot Ben, but we need to come with a solution that people Prof Hudson, Prof Wolf and all the others must never ever get old, THANKS again Ben and crew.

  • @408Magenta
    @408Magenta Год назад +5

    Dr. Hudson is truly a pillar. We should see Dr. Hudson on Judge Napolitano and many others channels. Where do we see Bill Black these days??

  • @user-vt5ln7qq4j
    @user-vt5ln7qq4j Год назад +7

    Happy birthday Michael Hudson 🎊 🎉🎂

  • @dannygonzales7923
    @dannygonzales7923 Год назад +5

    YES HAPPY BDAY !!!! MICHAEL !!!!! KEEP IT UP BROTHER BEN !!!!!!!!

  • @juanRodriguez-pj1gd
    @juanRodriguez-pj1gd Год назад +6

    Excellent interview and excellent program!!

  • @falloftheeagle8645
    @falloftheeagle8645 Год назад +26

    Wow 84 yet mentally n psychologically fit n running
    Happy birthday to you Professor

  • @guidocasero1178
    @guidocasero1178 Год назад +10

    I laughed when I heard Hudson says, how the Republicans tell their voters you don't want to hurt the billionaires someday you might be one, It's funny now but goddamnit I bought into that message hook-line and sinker HOW SAD, and a happy birthday for professor Hudson who is still sharp as hell as age 84

    • @liamhickey359
      @liamhickey359 Год назад

      Never heard that one. Breath taking idiocy. "might" is as far away from probability of making billionairehood as Pluto is from the Sun. Cant imagine them pointing out the difference.

    • @aerobique
      @aerobique Год назад +1

      Do you plan to someday in the future have more money? Concerned with high taxes? because, someday you might pay too much..
      "Socialism never took root in America because the poor see themselves not as an exploited proletariat but as temporarily embarrassed millionaires."
      ---John Steinbeck
      You aren’t rich and it’s very unlikely you ever will be. The economic (power) system is not designed for you to get rich. The American dream doesn’t exist and it never did. Stop being temporarily embarrassed, just be a person.
      (randomly found this)

  • @cecipalacios1007
    @cecipalacios1007 Год назад +3

    Happy Birthday! Exactly, the best way is to feel like any other day. Please remember that The world needs you more than ever!!

  • @marcsebastian6389
    @marcsebastian6389 Год назад +12

    Two great guys!

  • @zanoxolontamo1052
    @zanoxolontamo1052 Год назад +6

    Thank you Ben, journalism par excellence!!!

  • @jonellxsmith5446
    @jonellxsmith5446 Год назад +2

    Happy Birthday Dr Hudson!

  • @lindagonzalez5513
    @lindagonzalez5513 Год назад +11

    Happy Bday Prof Hudson! You are a Legend the most iconic economic genius of our times ! Btw - You look amazingly young ! May you be forever blessed !

  • @YCHTT
    @YCHTT Год назад +14

    More will come as the bond market is crashing & this time they can't cover it up nor will the Chinese going to help. So many countries & companies bought US bonds.

    • @pr0newbie
      @pr0newbie Год назад +4

      They'll just print and print. That's why central banks were starting to buy gold (likely using their usd.)

    • @YCHTT
      @YCHTT Год назад +6

      @@pr0newbie That's has been going on since 2008, hence bond market has been so weak as countries have been doing that as they keep printing. But this time will get even worse.

    • @widodoakrom3938
      @widodoakrom3938 Год назад +1

      Lol not this time china will sell those bonds for gold

  • @Dan-DJCc
    @Dan-DJCc Год назад +4

    Prof Hudson Thank you. I especially enjoy that painting behind you. Somehow it has a significance to me about Wall Street ca. 1929.

  • @mageintention9939
    @mageintention9939 Год назад +1

    Happy Birthday, Professor Hudson!🎉

  • @RoyMunson10
    @RoyMunson10 Год назад +3

    Happy birthday Prof Hudson 🎈🎁🎊🎉🎂

  • @lindagonzalez5513
    @lindagonzalez5513 Год назад +4

    Hi Ben, can you plz try to convince Prof Hudson to put his books on audibles? Maybe you could narrate his books you have a great clear exceptional voice !

  • @OpheliaPG
    @OpheliaPG Год назад +7

    The takeover was by design. Wonderful excuse to avoid the normal mergers and acquisitions of the underlying assets.

  • @charleskesner1302
    @charleskesner1302 Год назад +3

    It's always good to hear from Professor Hudson. Thanks

  • @Buckzoo2030
    @Buckzoo2030 Год назад +4

    Enjoy the clarity provided by Professor Hudson. Happy birthday!

  • @teslastellar
    @teslastellar Год назад +4

    Happy birthday professor Hudson 🎇🎉🎂💕

  • @TrueNorth1970
    @TrueNorth1970 Год назад +1

    Great explanation of what has really happened in the financial sector and banks ever since the 1960s and 1970s ! Thank you !

  • @otaju1
    @otaju1 Год назад +3

    Happy Birthday Professor Hudson, Good vibrations to you!

  • @schwupp1234
    @schwupp1234 Год назад

    Danke!

  • @abolishnato
    @abolishnato Год назад +3

    Happy birthday Professor!!

  • @briandigital3386
    @briandigital3386 Год назад +4

    This guy is so right. Ive worked for two different companies that were going through his "smash and grab" vulture type theft. New CEO's shutting down branches and stripping the company of everything.

  • @Wind395
    @Wind395 Год назад +4

    Happy Birthday, Professor!🎉

  • @davidwong4821
    @davidwong4821 Год назад +1

    Happy Birthday Michael Hudson!!!

  • @Dan.50
    @Dan.50 Год назад +24

    Can we stop pretending that these things are happening "on accident?"

    • @theonly6359
      @theonly6359 Год назад +2

      Introduction to digital dollar.

  • @sherriinolywa
    @sherriinolywa Год назад +2

    I LOVE learning from Ben and Dr. Hudson!

  • @julieta203
    @julieta203 Год назад +8

    Biden : there is nothing to worry about, the banks are safe.
    Me : desperately taking all my money out.

  • @pacoshuman7642
    @pacoshuman7642 Год назад +6

    A very happy birthday Professor Hudson...live long and prosper!!!

  • @Tonymontee
    @Tonymontee Год назад +10

    Happy birthday celebration to Prof. Michael Hudson...could it be the 'Bank Health check ' and audit dystem failed? or was politicized / compromised by the Regulators?

  • @kailee4056
    @kailee4056 Год назад +3

    Happy Birthday Michael! You're the best! :D

  • @stephencunningham6557
    @stephencunningham6557 Год назад +5

    Well done Ben getting this treasure of an economist. ❤

  • @AnnieT369
    @AnnieT369 Год назад +5

    Happy 84th birthday! Love you!