Saved by Kaustubh Sule
Spiralling Government Debt Isn’t a Choice
"For one, the fiscal doomsayers are probably wrong: Countries that print their own currency can’t truly be pushed to default."
Can you REALLY be this economically ignorant? The US is on a track that leads directly and quickly to national bankruptcy in the form of reducing the dollar's value to zero, unless the current Congress cuts Federal spending ... See more
Can you REALLY be this economically ignorant? The US is on a track that leads directly and quickly to national bankruptcy in the form of reducing the dollar's value to zero, unless the current Congress cuts Federal spending ... See more
A Bond Selloff Is Rocking the World. You Might Want to Take the ...
En période normale, l’impatience généralisée des agents économiques, les urgences exprimées véhémentement par les citoyens et le court-termisme inhérent à la culture de nos sociétés modernes démocratiques et digitalisées, contribuent à privilégier la dette de préférence aux économies de dépenses, aux apports en capital ou à l’impôt pour le financem
... See moreBenjamin Lemoine • La démocratie disciplinée par la dette (French Edition)
There is little room in any highly developed economy for further domestic growth. The solution for at least twenty years has been, in effect, to import growth from developing countries by using the monetization of their social and natural commons to prop up our own debt pyramid. This can take several forms: debt slavery, where a nation is forced to
... See moreCharles Eisenstein • Sacred Economics: Money, Gift, and Society in the Age of Transition
The regimes push: higher taxes, higher debts, more wars they then botch, visible collapse of state authority over borders and citizenship, more political centralisation that makes crises worse, more hostility to entrepreneurs and those who can build and create value.