d@w's Paul Sliker and Dante Dallavalle talk with Michael Hudson, one of the world’s six economists who accurately predicted the 2007-2008 financial crisis. His new book, J is for Junk Economics, reveals how the mainstream economic vocabulary has been turned around in an Orwellian way to mean just the opposite of what words used to mean. Michael explains how the media, academia and politicians use well-crafted euphemisms to conceal how the economy really works, the economy under Obama vs. Trump,

In an interview with CGTN anchor Xu Qinduo, Michael Hudson, professor of economics at the University of Missouri-Kansas City, says that China's GDP growth reflects a different social phenomenon than that of the United States. Most American increase in GDP is money made by the financial sector, while China's economic growth creates prosperity for all of the people. He added that Chinese-style modernization is very different from that of the United States. By privatizing public infrastructure, the