Radio Ranch with Roger Sayles REPLAY 080526 - From Babylon to Wall Street: Michael Hudson’s Warning

In this episode, I open with some reflections on the season, old friendships, and the bigger sense that we’re living through a turning point. From there, Chris and I get into a fascinating historical thread that ties together Christmas customs, Saturnalia, and the way older religious and civic traditions were absorbed into modern holiday practice. We also spend time talking about how much of what people accept as settled history or law deserves a much closer look, especially when it comes to institutions, tradition, and the stories societies tell themselves.The centerpiece of the show is an extended discussion of a Chris Hedges interview with economist Michael Hudson on debt, jubilees, and the long history of creditors and debtors—from Bronze Age Babylon to Rome to the modern financial system. I wanted to play that segment because it connected so many dots: debt peonage, the concentration of power, the 2008 crisis, student debt, mortgages, and the warning signs showing up again in markets today. We close by tying those themes back into current financial anxiety, gold, market behavior, and the importance of understanding history before the next major turn arrives.Castbox: https://castbox.fm/The Matrix Docs: http://thematrixdocs.comGlobal Voice Radio Network: http://globalvoiceradio.netRadio Ranch Archives on PodHome: http://radio.globalvoiceradio.netChris Hedges: https://www.chrislhedges.com/Michael Hudson: https://michael-hudson.com/...and Forgive Them Their Debts by Michael Hudson: https://michael-hudson.com/books/Killing the Host by Michael Hudson: https://michael-hudson.com/books/What Really Happened? (Michael Rivero): https://www.whatreallyhappened.com/Investment Watch Blog: https://www.investmentwatchblog.com/David Duke: https://davidduke.com/Rense Radio Network: https://www.renseradio.com/Ten Years After: https://www.ten-years-after.com/Alvin Lee: https://alvinlee.com/The Law That Never Was: https://www.thelawthatneverwas.com/Fair Debt Collection Practices Act (FTC text): https://www.ftc.gov/legal-library/browse/rules/fair-debt-collection-practices-act-textGoldman Sachs: https://www.goldmansachs.com/KITCO: https://www.kitco.com/ZeroHedge: https://www.zerohedge.com/Uber: https://www.uber.com/Walmart: https://www.walmart.com/FBI: https://www.fbi.gov/Louisiana State University: https://www.lsu.edu/