Tag Archives: Debtwatch

Our table games are open on a dai­ly basis dur­ing the start­ing hours of typ­i­cal­ly the casi­no. Even if you were not real­ly look­ing to play, our facil­i­ties and atmos­phere are open up to you from your restau­rants and per­son­al live gigs almost all the way to be able to sports grand­stands. The 2024 IIHF Ice Hock­ey World Cham­pi­onship begins for the Finnish nation­al team Lei­jonat with­in the begin­ning day in the event Fri­day May 12, when Fin­land con­fronts the host...

Since you can’t work with both forms of bonus­es, you need to assess which 1 is more impor­tant. When giv­en the pos­si­bil­i­ty to choose which usu­al­ly games you want to play, we rec­om­mend play­ing the par­tic­u­lar games with the high­est RTP or even go back to play­er. RTP is the per­cent­age regard­ing wagers that the slot game dis­trib­utes back to par­tic­i­pants over time. You can almost guar­an­tee of which if you see a no-deposit bonus, you can use it on slot online...

Our table games are open on a dai­ly basis dur­ing the start­ing hours of typ­i­cal­ly the casi­no. Even if you were not real­ly look­ing to play, our facil­i­ties and atmos­phere are open up to you from your restau­rants and per­son­al live gigs almost all the way to be able to sports grand­stands. The 2024 IIHF Ice Hock­ey World Cham­pi­onship begins for the Finnish nation­al team Lei­jonat with­in the begin­ning day in the event Fri­day May 12, when Fin­land con­fronts the host...

Though Sil­i­con Val­ley Bank con­tributed to its own demise, the root cause of this cri­sis is the fact that pri­vate banks own gov­ern­ment bonds. If they did­n’t, then SVB would still be sol­vent. Its bank­rupt­cy was the result of the price of Trea­sury bonds falling, because The Fed­er­al Reserve increased inter­est rates. As inter­est rates rise, the val­ue of Trea­sury Bonds falls. With the resale val­ue of its bonds plung­ing, the total val­ue of SVB’s assets (which were...

I was asked to con­tribute to an Ital­ian online pub­li­ca­tion’s trib­ute to John Ken­neth Gal­braith, by answer­ing some ques­tions about the rel­e­vance of his major work The New Indus­tri­al State (Gal­braith and Gal­braith 1967) six decades lat­er. These were my respons­es. Read­ing The New Indus­tri­al State (Gal­braith and Gal­braith 1967) again, six decades after it was first pub­lished, high­light­ed for me just how far eco­nom­ic the­o­ry has retreat­ed from real­i­ty since...

I was asked to con­tribute to an Ital­ian online pub­li­ca­tion’s trib­ute to John Ken­neth Gal­braith, by answer­ing some ques­tions about the rel­e­vance of his major work The New Indus­tri­al State (Gal­braith and Gal­braith 1967) six decades lat­er. These were my respons­es. Read­ing The New Indus­tri­al State (Gal­braith and Gal­braith 1967) again, six decades after it was first pub­lished, high­light­ed for me just how far eco­nom­ic the­o­ry has retreat­ed from real­i­ty since...

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I main­tain this site for his­tor­i­cal rea­sons only. If you’re look­ing for my lat­est work, please go to https://www.patreon.com/profstevekeen.

I dis­cuss a Mod­ern Debt Jubilee On Macro’n’Cheese today, and this is a quick expla­na­tion of how it could be done. Jubilees were com­mon in antiq­ui­ty. The Lord’s Prayer did not orig­i­nal­ly say “And for­give us our sins, as we have for­giv­en those who sin against us”, but “And for­give us our debts, as we also have for­giv­en our debtors”. But an old-fash­ioned Jubilee would reward those who gam­bled with bor­rowed mon­ey, and thus effec­tive­ly penalise those who did not. It...

Dr. Keen, I am won­der­ing if you have ever seri­ously con­sid­ered issuance of Gisel­lian cur­rency for coun­tries fac­ing unplayable debt (all of them, as far as I know). The scheme I am imag­in­ing would have these govts pay­ing off bonds due with G-cur­rency. Bond­hold­ers would then, ASAP, spend it on real items in the econ­omy, where it would even­tu­ally end up as wages, where work­ers would spend it, ASAP, on taxes and con­sumer goods. The demur­rage, say 12%/year (= 12 x...