October 12, 2020· 54 min

Michael Hudson On Why The US Risks Becoming The Next Greece

Orality
Model
88%
Highly oral (epic poetry, sermons, hip-hop)

Speaker Breakdown

HostTracy Alloway(1,467 words)
M:27%
GuestMichael Hudson(5,294 words)
M:28%

Oral Indicators

Agonistic18%
very, completely, obviously
Engagement50%
you, our, your
Memory Aids100%
listen, like, so
Repetition100%
going (57x), economy (56x), debt (56x)
Parallelism70%
And I'm Joe Wasenthal...., So, Joe, I think we've spoken ..., So even though businesses aren...
Sound Patterns48%
45 question(s), alliteration: "markets move", alliteration: "barclays brief"
Formulaic Phrases6%
you know what, i mean, so to speak

Literate Indicators

Hedging9%
may, might, possibly
Passive Voice15%
been focused, been taken, been closed
Abstract Nouns24%
investment, community, business
Subordination9%
though, because, provided
Sentence Length50%
Avg: 17.6 words/sentence
Word Complexity48%
investment, analyze, anticipate
Academic Markers0%
Impersonal Style50%
468 personal pronouns found
Descriptive Style72%
apply, actually, early

Description

In the wake of the Great Financial Crisis, you heard a lot of talk about the US becoming like Greece unless the budget deficit were brought under control. However, these warnings proved to be unfounded. That being said, there are risks of a different variety. On the latest Odd Lots, we speak with the economist Michael Hudson on the risk of too much private sector debt, which could lead to permanently degraded consumption and investment. See omnystudio.com/listener for privacy information.