Steve Keen and Michael Hudson have both been arguing for a debt jubilee for some time. Now, as COVID-19 hits the poorest hardest, and leaves those with money better off than before, is this the right time to write off debt? Can the economy recover without it? After all, its stagnated since the 2008 global financial crisis. If you were to have a debt jubilee, how would you do it. Steve and Michael have different ideas about how it should be implemented. They explain their thinking to Phil Dobbie on this week’s free edition of the Debunking Economics podcast.
Related Articles
Stephanie Kelton – The Deficit Myth
Begins at 11:00
Chris Hedges Report – Craig Mokhiber: The ICJ ruling, U.N. failures, and U.S. complicity with genocide
Watch HERE Craig Mokiber, director of the New York office of the United Nations High Commissioner for Human Rights resigned on October 31, stating that “once again we are seeing a genocide unfolding before our […]
Steve Keen: The economics of mental health
Mental health is an issue that impacts a growing number of people, not helped by the COVID 19 lockdown. Divya Dhami, an undergraduate student from the University of British Columbia, says the economy is paying […]
Be the first to comment