Movements Start Small #23
I think you give entirely too much significance to public debt and ignore the impact of private debt. See this Steve Keen article for more explanation and historical context: https://braveneweurope.com/steve-keen-what-is-the-role-of-public-debt-and-private-debt-in-the-next-great-financial-crisis
This may be your best post yet. I can’t wait for the next one!
I think you give entirely too much significance to public debt and ignore the impact of private debt. See this Steve Keen article for more explanation and historical context: https://braveneweurope.com/steve-keen-what-is-the-role-of-public-debt-and-private-debt-in-the-next-great-financial-crisis
This may be your best post yet. I can’t wait for the next one!