20191124 Michael Hudson - Dollar Recycling and De-Dollarization
On 22-24 November 2019, International Seminar on Land, Finance, and De-dollarization was held in Macau, China, which was co-organized by Global University for Sustainability, Lingnan University, Southwest University, and the Federal University of Espirito Santo. On 24 November, Professor Michael Hudson (Institute for the Study of Long-Term Economic Trends, USA) gave a short but critical analysis of the US dollar recycling and militarization, then urged for an alternative strategy of de-dollarization. Michael Hudson is President of The Institute for the Study of Long-Term Economic Trends (ISLET), Distinguished Research Professor of Economics at the University of Missouri, Kansas City and author of …And Forgive Them Their Debts (2018), J is for Junk Economics (2017), Killing the Host (2015), The Bubble and Beyond (2012), America’s Protectionist Takeoff, 1818-1914 (2010), Super-Imperialism: The Economic Strategy of American Empire (1968 & 2003), and Trade, Development and Foreign Debt (1992 & 2009), amongst many others. He acts as an economic advisor to governments worldwide including Iceland, Latvia, and China on finance and tax law. The video was produced by Global University for Sustainability, 2020.

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