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Ben Norton and Michael Hudson: Trump’s tariffs could cause huge global crisis

February 4, 2025 By InMichael Hudson 4 Comments

Donald Trump’s tariffs could destabilize the global economy, warns economist Michael Hudson. US protectionist policies could cause financial crises, as many currencies depreciate and countries can’t earn the dollars needed to pay their foreign debts. Ben Norton hosts the interview.

The transcript is on Ben Norton’s site: https://geopoliticaleconomy.com/2025/02/04/trump-tariffs-global-crisis-economist-michael-hudson/

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emersonreturn
emersonreturn
1 year ago

the Stone of Scone: Peace, ordained by dumpster.

tariffs in his post Mckinley nuclear glow do seem suicidal, & leave me wondering…could city actually be suiciding its host?

Colin Maxwell
Colin Maxwell
1 year ago
Reply to  emersonreturn

Hi Emerson… …could city actually be suiciding its host? That is precisely Shahid Bolsen’s hypothesis. Let’s face it, aren’t these ludicrously contradictory blatherings not “far too stupid to be stupid”? Some people give Trump the benefit of the doubt that he is bright enough to understand his role in this… Read more »

emersonreturn
emersonreturn
1 year ago
Reply to  Colin Maxwell

dear col, blessings & thank you for sharing shahid’s bolsen’s pov…i shall love reading his take. i’ve come to think of city as a chemist in a silent movie experimenting with various elements. dumpster was a known element, discovered & nurtured from ‘fred’; dumpster’s developer dad. over long years of… Read more »

amarynth
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amarynth
1 year ago

Michael goes into the details of his previous article on the Balance of Trade. This time, he explains it so that anyone can understand it. I say again, it is very scary and devastating. He starts by stating that the US is able (and lists the methods) to hurt the… Read more »