A Brady Bond solution for America’s Economic Crisis and Unpayable Corporate Debt

A Brady Bond solution for America’s Economic Crisis and Unpayable Corporate Debt* by Michael Hudson and Paul Craig Roberts Even before the Covid-19 crisis had slashed stock prices nearly in half since it erupted in January, financial markets were in an inherently unstable condition. Years of quantitative easing had loaded so much money into stock … Continue reading A Brady Bond solution for America’s Economic Crisis and Unpayable Corporate Debt