The Story of How Neoliberal Economics Fuels Debt Crisis, Explained by Political Economists Radhika Desai and Michael Hudson in a Fascinating Discussion
WASHINGTON, D.C. — The US economy has seen a massive expansion in debt over the past several decades, leading to growing concerns about financial stability. Political economists Radhika Desai and Michael Hudson recently discussed the implications of this phenomenon, shedding light on its causes and potential repercussions. During a recent Geopolitical Economy Hour segment, the experts delved into the impact of neoliberal economics on the surge of debt in the US and around the world. …