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Theresa Adams
The Duran
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Comments by "Theresa Adams" (@theresaadams7143) on "Restructuring of the Global Economy - Michael Hudson, Alexander Mercouris u0026 Glenn Diesen" video.
Mr. Hudson is a great teacher.
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In 1983 minimum wage was $3.35 per hour. Forty years later the Federal minimum wage is 2023 is $7.25 per hour.
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I saw Mr. Hudson on Dialogue Works two days ago. That's a great youtube channel.
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Congratulations. You improved your quality of life for you and your family.
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What i understand is that the Russian oligarchs helped to stimy the economic sanctions against Russia. They invested heavily domestically and bought up and continued to manage the foreign companies who left Russia. This kept the economy going where people were able to keep their jobs.
4
I remember the depression of the Regan years. I remember steel factories closing down in Baltimore. I remember talks of moving factories to China back in those days. There was a front page caption in Times magazine: "The new homeless." They showed a picture of a person dressed in a suit and tie holding a briefcase. This was the beginning of the decline in the living standards of the middle class.
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Absolutely.
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America is in an "The Optimum Position," in other words, a failed state.
2
Thanks for the update
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Yup. This is when the Clinton's became DINOs.
2
Yup. Democrats are destroying society.
2
@zoltanbarath7371 True 👍
2
What are your credentials and research thesis in economics?
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Thank you
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