By Professor/Economist Michael Hudson. Very helpful read…worth the time IMO
https://www.unz.com/mhudson/the-2026-world-financial-crisis/
The 2026 World Financial Crisis
Published by markskidmore
Mark Skidmore is Professor of Economics at Michigan State University where he holds the Morris Chair in State and Local Government Finance and Policy. His research focuses on topics in public finance, regional economics, and the economics of natural disasters. Mark created the Lighthouse Economics website and blog to share economic research and information relevant for navigating tumultuous times. View more posts
Hi Mark: Thanks for the excellent article. FYI, Glenn Diesen conducted a powerful interview with Michael Hudson a few days ago (I believe it was around May 28th). It’s available on YouTube. Hudson takes off the gloves, and posits that in the context of its collapsing industrial (i.e., genuine) economy, the U.S.’s only option … and one that it is obviously pursuing … is to militarily control the world’s oil, and to demand fealty, payments and bribes from world nations that need the oil. It is well worth the 45 minutes, IMHO. Best, Stewart