Sublime

Keynes.

This debt-driven lifestyle has created a more fragile economy vulnerable to even a minor economic shock.

points to imbalances between production and consumption in the major economies as the primary source of monetary instability.

Margaret Atwood’s Payback,

Fredonian demand for foreign capital will reduce investment and credit-fueled consumption abroad and the higher return on capital will otherwise increase foreign savings.

Money as debt:

It is this deleveraging process that is at the heart of the global financial crisis.

John Fullerton, a managing director at J.P. Morgan until 2002 and now a member of the Club of Rome and president of the Capital Institute, is one of the most active facilitators of the dialogue about how we might create a regenerative economy.