Sunday, February 04, 2018

"The New Debt Colonies"



This is an important long-read to help understand the modern era of finance capitalism and its methods.  Thanks Jerome Roos for the insight.

https://www.viewpointmag.com/2018/02/01/new-debt-colonies/

Monday, October 23, 2017

Governments are Not Households

http://www.modernmoneynetwork.org/?q=symposia/governments-are-not-households


The analogy of a government budget to a household budget is more political than factual. Here is some detailed discussion. For the permanent record, such as it is.