A society riddled with debt is a society that is reluctant or unable to spend. A lot of that debt has now found its way into housing, with mortgages higher than ever. That’s money we’re using to pay off our home loan that we could be spending keeping the economy moving. In short, its slowing the speed at which money circulates. So, how do we fix it? The answer, is get rid of the debt. And Steve Keen has a cunning plan. A monetary reset. How would it work? Phil Dobbie explores the idea in detail with Steve on today’s Debunking Economics podcast.
EU politics
The Real News Network – Costas Lapavitsas: Class Struggle Over Brexit
In the confusion surrounding Brexit, Costas Lapavitsas – who is pro-Brexit – does a brilliant job of explaining the current situation and analysing the political conflict, and that relatively objectively. The irony: it takes a […]
EU politics
Middle East Monitor: Jürgen Mackert – Understanding Germany’s unwavering support for Israel
Germany has repeatedly stressed its unwavering support for Israel and its actions in Gaza over the past 14 months, but what is underpinning this position and will it ever shift? Against the backdrop of Israel’s […]
Geopolitics
Glenn Diesen, Anatol Lieven – The Ukraine War and the Eurasian World Order
9 Ocotber 2024 The response of most of the international community to the Ukraine War has illustrated the greatly weakened ability of the US, and the West in general, to shape the policies of states […]
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