Summary:
Debt Fuels Economic Chaos.
Topics:
Steve Keen considers the following as important:
This could be interesting, too:
Debt Fuels Economic Chaos.
Topics:
Steve Keen considers the following as important:
This could be interesting, too:
Jeremy Smith writes UK workers’ pay over 6 years – just about keeping up with inflation (but one sector does much better…)
Robert Vienneau writes The Emergence of Triple Switching and the Rarity of Reswitching Explained
Lars Pålsson Syll writes Schuldenbremse bye bye
Robert Skidelsky writes Lord Skidelsky to ask His Majesty’s Government what is their policy with regard to the Ukraine war following the new policy of the government of the United States of America.
Debt Fuels Economic Chaos. |
Clickbait title and misleading.
You mean Private Debt fuels economic chaos, because private debt is a leveraging of government debt known as currency.
WTF Keen is telling the truth
@@pecan11 the title of the video. It needs to say PRIVATE Debt Fuels Economic Chaos.
No. "Private debt" is wrong too.
The problem was not private debt but the amount of private debt. Or more precise: the banks were giving loans to people, they did know, they will be unable to pay back the loan.
Here come the YT philosophers.
@@Προμηθεύς poor baby. Go pound sand