Europe Quotes by Michael Hudson

To save the banks, you would have to turn the entire Eurozone into Greece.

— Michael Hudson

Europe is acting in a very self-destructive manner, but is doing so because it's trying to be loyal to the United States.

— Michael Hudson

The natural geopolitical arrangement is for Europe to be part of Eurasia, especially for Germany to develop trade and investment relationships with…

— Michael Hudson

The Eurozone die is cast. Countries must withdraw from the euro so that governments can create their own money once again, and…

— Michael Hudson

It's amazing that Europe says, "What are we going to do with these refugees?" It's as if it doesn't realize that being…

— Michael Hudson

Deflation means a slowdown of income growth. Markets shrink, new capital investment and employment also taper off, so wages decline. That is…

— Michael Hudson

Europe is creating the flight of refugees that's tearing it apart politically, and leading rightwing nationalist parties to gain power to withdraw…

— Michael Hudson

You could say that the vote to withdraw from Europe is, it's really a vote of the British middle class, the working…

— Michael Hudson

Economic polarization is also occurring between creditor and debtor nations. This issplitting the eurozone between Germany, France and the Netherlands in the…

— Michael Hudson

Seventy-eight percent of millennials are worried about not having enough good paying job opportunity to pay off their student loans. Seventy-four percent…

— Michael Hudson

Europe is sort of like the Soviet Union in the '30s and '40s. There was an argument, is it reformable or not?…

— Michael Hudson

US opposition to Russia and China has entailed sanctions against Russia, and Russia in turn has made counter-sanctions against Europe. So Europe…

— Michael Hudson

You have to abolish pension plans. You have to abolish social spending. You have to raise taxes. You have to have at…

— Michael Hudson

Look at Ukraine. Its currency, the hernia, is plunging. The euro is really in a problem. Greece is problematic as to whether…

— Michael Hudson

“Bankers are seeking to capture government and make financial policy immune from democratic choice. What promised to be a progressive social democratic…

— Michael Hudson

“The idea that the euro has “failed” is dangerously naive. The euro is doing exactly what its progenitor – and the wealthy…

— Michael Hudson

“Opinion polls showed that two-thirds of Greeks rejected the conditions attached to the bailout, but wanted to stay in the eurozone. Demonstrations…

— Michael Hudson