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Michael Hudson Quotes: A bubble is only called that after it bursts, after the insiders get out, leaving the pension funds and small investors, Canadians and other naïve investors holding the bag.
         

A bubble is only called that after it bursts, after the insiders get out, leaving the pension funds and small investors, Canadians and other naïve investors holding the bag.


Michael Hudson
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Other quotes of Michael Hudson


We go forward with our heads held high, but look back and remember where we come from.

We go forward with our heads held high, but look back and remember where we come from.



You have a choice. Either you can have more oil, or more clean water. Fracking is not good for the water supply.

You have a choice. Either you can have more oil, or more clean water. Fracking is not good for the water supply.



The one sure mark of a con, though, is the promise of free money.

The one sure mark of a con, though, is the promise of free money.



What's bad for the frackers usually is good for the rest of the world.

What's bad for the frackers usually is good for the rest of the world.



Nothing could be better for the economy than to get rid of fracking.

Nothing could be better for the economy than to get rid of fracking.



Every government, from the Obama administration right through to Angela Merkel, the Eurozone and the IMF, promise to save the banks, not the economy.

Every government, from the Obama administration right through to Angela Merkel, the Eurozone and the IMF, promise to save the banks, not the economy.



Elites play the role today that landlords played under feudalism. They levy interest and financial fees that are like a tax, to support what the classical economists called "unproductive activity."

Elites play the role today that landlords played under feudalism. They levy interest and financial fees that are like a tax, to support what the classical economists called "unproductive activity."



Nobody prefers to earn income any more, because that's taxable. Rich people prefer to make capital gains.

Nobody prefers to earn income any more, because that's taxable. Rich people prefer to make capital gains.



We're still in the collapse that began after 2008. There's not a new collapse, there hasn't been a recovery.

We're still in the collapse that began after 2008. There's not a new collapse, there hasn't been a recovery.



To the deficit commission, a depression is the solution to the problem, not a problem.

To the deficit commission, a depression is the solution to the problem, not a problem.





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A real writer learns from earlier writers the way a boy learns from an apple orchard -- by stealing what he has a taste for, and can carry off

A real writer learns from earlier writers the way a boy learns from an apple orchard -- by stealing what he has a taste for, and can carry off



A fully functional multiracial society cannot be achieved without a sense of history and open, honest dialogue.

A fully functional multiracial society cannot be achieved without a sense of history and open, honest dialogue.



You must break all the rules of painting, but you must also convince me you've had a reason to do so.

You must break all the rules of painting, but you must also convince me you've had a reason to do so.



Reasons never matter, once Death comes cold and bold and takes the living by the hand. You count up your dead, every one.

Reasons never matter, once Death comes cold and bold and takes the living by the hand. You count up your dead, every one.



Give a man a noble cause and he would fight to the death for what he believed in,but get the woman he loves to leave him and his once honourable principles would cease to be quite so important.

Give a man a noble cause and he would fight to the death for what he believed in,but get the woman he loves to leave him and his once honourable principles would cease to be quite so important.



A good friend will always stab you in the front.

A good friend will always stab you in the front.



But Mary Elizabeth felt different. She kept saying it was an "articulate" film. So "articulate." And I guess it was. The thing is, I didn't know what it said even if it said it very well.

But Mary Elizabeth felt different. She kept saying it was an "articulate" film. So "articulate." And I guess it was. The thing is, I didn't know what it said even if it said it very well.



Like I said, basically I'm a rocker. That's about it. Things that I've done away from that-branches that I've gotten into off of that - are just other streams, other things that I can do.

Like I said, basically I'm a rocker. That's about it. Things that I've done away from that-branches that I've gotten into off of that - are just other streams, other things that I can do.



If you never hear from me that just means I would rather not.

If you never hear from me that just means I would rather not.



Every man is captain of his career and there must be cooperation all around if he is to get what he wants out of life.

Every man is captain of his career and there must be cooperation all around if he is to get what he wants out of life.




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This page presents the quote "A bubble is only called that after it bursts, after the insiders get out, leaving the pension funds and small investors, Canadians and other naïve investors holding the bag.". Author of this quote is Michael Hudson. This quote is about fund, leaving, investors, pension, bags, insiders,.