A Quote by Michael Hudson

We're still in the collapse that began after 2008. There's not a new collapse, there hasn't been a recovery. — © Michael Hudson
We're still in the collapse that began after 2008. There's not a new collapse, there hasn't been a recovery.
A United States collapse would be much different than a Greece collapse. Greece can collapse, and there's a ripple. We collapse, and the world feels it.
Recently released government economic statistics covering 2010, the first year of real recovery from the financial collapse of 2008, found that fully 93 percent of additional income gains coming out of the recession went straight into the wallets and purses of the top 1 percent.
You're taught that you can keep going in the military. Your point of collapse is not what you thought it was. Your body is built to survive, and when you think you're going to collapse, you still have so much more left in you.
[ René Lévesque] didn't understand why things do collapse. It's usually a very banal reason why things do collapse. It's not a grand reason, why they collapse economically, at least in the West.
A sign of a culture that has lost its faith - Moral collapse follows upon spiritual collapse.
No civilization on the brink of collapse has ever changed fast enough to avert collapse.
I believe the collapse of the House of Windsor is tied in with the collapse of the Church of England.
What caused the economic collapse 2008? It was the subprime mortgage crisis.
The collapse of Enron and the subsequent collapse of Arthur Andersen were tremendous tragedies. But as I stated at the time of my indictment on July 8, 2004, failure does not equate to a crime.
When the enemy starts to collapse you must pursue him without the chance of letting go. If you fail to take advantage of your enemies collapse, they may recover.
The possibility of physical and mental collapse is very real now... but collapse is out of the question; as a solution or even a cheap alternative, it is unacceptable. No sympathy for the devil; keep that in mind.
The collapse of the housing bubble sent the world spiraling into recession. The collapse of the energy and commodity bubble threatens to be just as damaging.
[Donald Trump] said, back in 2006, "Gee, I hope it does collapse, because then I can go in and buy some and make some money." Well, it did collapse.
Hungary was the only Central European country that was not able to create a new constitution after the collapse of the communist regime.
Before the New York Times starts running "Portraits in Grief" of former Enron employees, it's worth remembering that even after the collapse, Enron stock is still worth more than the entire Social Security "trust fund."
Donald was one of the people who rooted for the housing crisis. He said, back in 2006, gee, I hope it does collapse because then I can go in and buy some and make some money. Well, it did collapse.
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