An economics, investment, trading and policy blog with a focus on Modern Monetary Theory (MMT). We seek the truth, avoid the mainstream and are virulently anti-neoliberalism.
Steve Keen says that private debt is out of control. The bankers are stealing so much money that by 2020 they will paralyze the U.S. economy, causing a recession.
When the human body loses too much blood, we say that the body is “in shock.” Likewise the vampire bankers are sucking so much blood (i.e. money) that they will cause the U.S. economy to be in shock by 2020.
Steve Keen says that this is the top problem for the US economy right now. I agree. So does Michael Hudson.
Steve Keen says that private debt is out of control. The bankers are stealing so much money that by 2020 they will paralyze the U.S. economy, causing a recession.
ReplyDeleteWhen the human body loses too much blood, we say that the body is “in shock.” Likewise the vampire bankers are sucking so much blood (i.e. money) that they will cause the U.S. economy to be in shock by 2020.
Steve Keen says that this is the top problem for the US economy right now. I agree. So does Michael Hudson.