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Michael Hudson Quotes: There really isn't a recovery, and no signs of it on the horizon, because people have to pay the banks. It's a vicious circle - or rather, a downward spiral.
         

There really isn't a recovery, and no signs of it on the horizon, because people have to pay the banks. It's a vicious circle - or rather, a downward spiral.


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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The course of true love never did run smooth.

The course of true love never did run smooth.



What was it like to lose him?" Asked Sorrow. There was a long pause before I responded:It was like hearing every goodbye ever said tome—said all at once.

What was it like to lose him?" Asked Sorrow. There was a long pause before I responded:It was like hearing every goodbye ever said tome—said all at once.



That's what learning is. You suddenly understand something you understood all your life but in a new way.

That's what learning is. You suddenly understand something you understood all your life but in a new way.



Listening to a speech by [Neville] Chamberlain is like paying a visit to Woolworth's, everything in its place and nothing above sixpence.

Listening to a speech by [Neville] Chamberlain is like paying a visit to Woolworth's, everything in its place and nothing above sixpence.



I killed her once and died for her many times

I killed her once and died for her many times



I hate all those weathermen, too, who tell you that rain is bad weather. There's no such thing as bad weather, just the wrong clothing.

I hate all those weathermen, too, who tell you that rain is bad weather. There's no such thing as bad weather, just the wrong clothing.



He measures our lives by how we love.

He measures our lives by how we love.



Mercy is not a proper Indian name."..........."Rash Coyote Who Runs With Wolf. We could shorten it to Dinner Woman.

Mercy is not a proper Indian name."..........."Rash Coyote Who Runs With Wolf. We could shorten it to Dinner Woman.



Music evokes so many feelings in us, memories, nostalgia, things that are connected to our past.

Music evokes so many feelings in us, memories, nostalgia, things that are connected to our past.



Only I can turn this country around.

Only I can turn this country around.




Quote Description


This page presents the quote "There really isn't a recovery, and no signs of it on the horizon, because people have to pay the banks. It's a vicious circle - or rather, a downward spiral.". Author of this quote is Michael Hudson. This quote is about horizon, circles, vicious, people, pay, recovery,.