Savers hate low interest rates. The rest of the economy cannot survive with anything else. This is why I think low interest rates are here to stay.
Corruption
GPEnewsdocs – Pat Mooney: The 2021 Corporate Bamboozle On World Food Systems
Mega-corporations are all set to walk away with the keys to global governance of food and agriculture at the UN Food Systems Summit later this year. Pat Mooney talks about what is at stake and […]
Finance
Steve Keen – PATREON: Why the poor pay for high debt, even if they don’t borrow (in 13 minutes & 15 seconds flat)
This was an invited talk to public servants organized by the Exploring Economics group (https://www.exploring-economics.org/en/). In just over 13 minutes Keen provides a complex systems argument that the poor pay for debt, even if they […]
Economics
Nick Shaxson – “The Finance Curse – 20 reasons to shrink your local financial centre”
Countries whose economies are dominated by large financial centres suffer a “Finance Curse” that is rather similar in cause and effect to a “Resource Curse” that afflicts many countries whose economies are dominated by large […]
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