Hudson: "Wealth Creation, or a Ponzi Scheme?"

posted ‎‎Jan 2, 2009 7:17 AM‎‎ by John Clegg
"Wealth Creation, or a Ponzi Scheme?" by Michael Hudson
Global Research, December 23, 2008

Hudson responds to the Madoff affair by interpreting the history of financialisation as a giant Ponzi scheme.