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Michael Hudson Quotes: 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.


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.



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.



One basic myth is that rich people get wealthy by earning income. But that's not how most get rich. Most of the gains of the rich people since 1945 have been "capital gains".

One basic myth is that rich people get wealthy by earning income. But that's not how most get rich. Most of the gains of the rich people since 1945 have been "capital gains".





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To even begin to embrace the magnitude of God’s vision, we must first embrace our vision as being nothing more than vision by definition.

To even begin to embrace the magnitude of God’s vision, we must first embrace our vision as being nothing more than vision by definition.



He believed interim reforms were necessary in order to fix the worker for his destiny.

He believed interim reforms were necessary in order to fix the worker for his destiny.



Happiness comes when we test our skills towards some meaningful purpose.

Happiness comes when we test our skills towards some meaningful purpose.



I paint what I see and not what others like to see.

I paint what I see and not what others like to see.



I've never seen one Star Trek in my whole life.

I've never seen one Star Trek in my whole life.



Be careful with whom you associate, especially when you feel emotionally vulnerable, because negative people can steal the dream right out of your heart.

Be careful with whom you associate, especially when you feel emotionally vulnerable, because negative people can steal the dream right out of your heart.



I'm listening to a lot of oldies.A lot of Al Green, Marvin Gaye. Luther Vandross... they were some of my icons.

I'm listening to a lot of oldies.A lot of Al Green, Marvin Gaye. Luther Vandross... they were some of my icons.



Many of the great achievements of the world were accomplished by tired and discouraged men who kept on working.

Many of the great achievements of the world were accomplished by tired and discouraged men who kept on working.



If I do a lot of television, than I miss theater. If I do a lot of theater, than I miss film. This global thing of performing arts gives me strength.

If I do a lot of television, than I miss theater. If I do a lot of theater, than I miss film. This global thing of performing arts gives me strength.



I believe cellulosic fuels, biofuels made from nonfood crops are the only solution that will make a difference.

I believe cellulosic fuels, biofuels made from nonfood crops are the only solution that will make a difference.




Quote Description


This page presents the quote "We're still in the collapse that began after 2008. There's not a new collapse, there hasn't been a recovery.". Author of this quote is Michael Hudson. This quote is about stills, collapse, recovery,.