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"One of the big problems in America's economic polarization and shrinkage is that pensions can't be paid. So there are going to be defaults on pensions here, just like Europeans are insisting in rolling back pensions. You can look at Greece and Argentina as the future of America."

— Michael Hudson
michael hudson Quotes Rolling,Paid,Greece

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Michael Hudson
Rolling
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Polarization
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Future Of America
Default
Argentina
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Big Problems

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The pope [Francis] takes his vocabulary from his pastoral experience, not from the rhetorical tool kit of liberation theology, with its Marxist yammering about "center" and "periphery." The "peripheries," for Francis, are all those who have fallen through the cracks of late-modernity and post-modernity - in his native Argentina, because of colossal corruption, political and financial.

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Latin America is all moving to the left, from Venezuela to Argentina with rare exceptions, but there's a good left and a bad left.

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