Economic collapse in the Western nations-On the Edge with Max Keiser-01-27-2012

In this edition of the show Max interviews the author Michael Hudson from Michael-Hudson.comIn this episode Max talks to Michael about the economic collapse in the Western nations and how this collapse gap thesis applies to the European economies currently experiencing a huge crisis.
http://www.youtube.com/watch?v=TDF5kC6rs8s&feature=player_embedded