aaaah....steve keen...bless his heart !he knows how to...

  1. 479 Posts.
    aaaah....steve keen...bless his heart !

    he knows how to eloquently explain what most bears are trying to relay...

    'acceleration of debt' is the key !

    even leveling of 'growth of debt' means diving prices...debt has to keep growing bigger and bigger, from year to year, from generation to generation in order for this Ponzi scheme to work !

    and we know that growing of the DEBT is impossible if WAGES are not following suit (at least losely) !

    simple as that !
 
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