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Michael Hudson Interview questions



Michael Hudson's interview in Counterpunch that Lou mentioned raises
several interesting questions.
<http://www.counterpunch.org/schaefer07122003.html>
To begin with, he describes how banks have passed their bad investments
onto pensions and mutual funds.  I would like to see more information
about this allegation.  I've seen several stories about specific trades,
but I never been able to find anything systematic on the subject.
Hudson also observes that most of the home refinancing debt is a
floating-rate.  Is that true?

--

Michael Perelman
Economics Department
California State University
michael at ecst.csuchico.edu
Chico, CA 95929
530-898-5321
fax 530-898-5901



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