a thoughtful web.
Good ideas and conversation. No ads, no tracking.   Login or Take a Tour!
comment
mk  ·  3090 days ago  ·  link  ·    ·  parent  ·  post: Paul Mason: Apocalypse now: has the next giant financial crash already begun?

It is silly that he doesn't mention that inflation, not just growth, plays a role in digging us out from mountains of debt. But inflation remains elusive, and when it does return, it has costs as well.

War can erase debts too.

As bombastic as the article is, I do agree with the point that we seem to be in a place from which bad things can arise, historically speaking.