US economy is based on Ponzi scheme that could collapse, warns economist Michael Hudson
April 29, 2026
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2:35Now PlayingUS economy is based on Ponzi scheme that could collapse, warns economist Michael Hudson
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as posted by the channelEconomist Michael Hudson warned that the US economy is built on a Ponzi scheme, which depends on continuing to pour money into a bloated, bubbly financial system based on unsustainable speculation, not industrial production.
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