Often only investment and export are named to drive economies. Those who dare to talk about consume and the middle class are socialists. China and Germany are successful with this model but in the end it can not work for everyone nor forever.
Comparing apples to oranges. Neglecting the inherent problems of the field. Physics and Economics are fundamentally different. In physics the last 50 years have actually not brought about any big results.
When it is so simple: If there is too much debt, there is too much credit. In order to reduce one we must reduce the other. Simply raise the inheritance tax for 50 years and the debt and demand problem is solved.
Breaking China’s Investment Addiction
Often only investment and export are named to drive economies. Those who dare to talk about consume and the middle class are socialists. China and Germany are successful with this model but in the end it can not work for everyone nor forever.
Our Children’s Economics
Comparing apples to oranges. Neglecting the inherent problems of the field. Physics and Economics are fundamentally different. In physics the last 50 years have actually not brought about any big results.
Our Children’s Economics
Who needs experts with time and know-how in the age of twitter?
Our Children’s Economics
"big data", right. This murky buss-word will magically deliver results. Because finding correlations is the difficult part.
The Other Financial Crisis
When it is so simple:
If there is too much debt, there is too much credit.
In order to reduce one we must reduce the other.
Simply raise the inheritance tax for 50 years and the debt and demand problem is solved.