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Michael Hudson Quotes: Needless to say, banks and bondholders do not want to promote any arguments explaining the limits to how much can be paid without pushing economies into depression.
         

Needless to say, banks and bondholders do not want to promote any arguments explaining the limits to how much can be paid without pushing economies into depression.


Michael Hudson
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Other quotes of Michael Hudson


We go forward with our heads held high, but look back and remember where we come from.

We go forward with our heads held high, but look back and remember where we come from.



You have a choice. Either you can have more oil, or more clean water. Fracking is not good for the water supply.

You have a choice. Either you can have more oil, or more clean water. Fracking is not good for the water supply.



The one sure mark of a con, though, is the promise of free money.

The one sure mark of a con, though, is the promise of free money.



What's bad for the frackers usually is good for the rest of the world.

What's bad for the frackers usually is good for the rest of the world.



Nothing could be better for the economy than to get rid of fracking.

Nothing could be better for the economy than to get rid of fracking.



Every government, from the Obama administration right through to Angela Merkel, the Eurozone and the IMF, promise to save the banks, not the economy.

Every government, from the Obama administration right through to Angela Merkel, the Eurozone and the IMF, promise to save the banks, not the economy.



Elites play the role today that landlords played under feudalism. They levy interest and financial fees that are like a tax, to support what the classical economists called "unproductive activity."

Elites play the role today that landlords played under feudalism. They levy interest and financial fees that are like a tax, to support what the classical economists called "unproductive activity."



Nobody prefers to earn income any more, because that's taxable. Rich people prefer to make capital gains.

Nobody prefers to earn income any more, because that's taxable. Rich people prefer to make capital gains.



We're still in the collapse that began after 2008. There's not a new collapse, there hasn't been a recovery.

We're still in the collapse that began after 2008. There's not a new collapse, there hasn't been a recovery.



To the deficit commission, a depression is the solution to the problem, not a problem.

To the deficit commission, a depression is the solution to the problem, not a problem.





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I don't know what the future holds. I only know that I want to be with you. You and me. Everything else is negotiable.

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May your heart be melted with faith, love and hope.

May your heart be melted with faith, love and hope.



... the courage of one's opinions is always a form of calculating cowardice in the eyes of the 'other side'...

... the courage of one's opinions is always a form of calculating cowardice in the eyes of the 'other side'...



A poem may be an instance of morality, of social conditions, of psychological history; it may instance all its qualities, but never one of them alone, nor any two or three; never less than all.

A poem may be an instance of morality, of social conditions, of psychological history; it may instance all its qualities, but never one of them alone, nor any two or three; never less than all.



Happiness: We rarely feel it. I would buy it, beg it, steal it, Pay in coins of dripping blood For this one transcendent good.

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Toyota has announced it will start integrating Microsoft technology into their vehicles. It's perfect for the person who wants a car that crashes every ten minutes.

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No. That's someone else's business. Quagmire is - I don't do quagmires.

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Sometimes Aristotle analyses his terms, but very often he takes them for granted; and in the latter case, I think, he is sometimes deceived by them.

Sometimes Aristotle analyses his terms, but very often he takes them for granted; and in the latter case, I think, he is sometimes deceived by them.



Countries and world leaders have changed their perspective towards India. This is the biggest benefit.

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Know more than other. Work more than other. Expect less than other

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Quote Description


This page presents the quote "Needless to say, banks and bondholders do not want to promote any arguments explaining the limits to how much can be paid without pushing economies into depression.". Author of this quote is Michael Hudson. This quote is about pushing, argument, limits, paid, depression, explaining, economy,.