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Politics : View from the Center and Left

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To: Wharf Rat who wrote (179005)	1/10/2012 11:29:30 PM
From: studdog	Read Replies (1) of 541805

Nice article, I can't find alot to disagree with. I think he succinctly outlines "the facts", which seem to be overlooked by everyone in power, or aspiring to power. The real question though is what to do about our current mess and and he doesn't really give a good prescription. Has anyone read Steve Keen, the Aussie economist? His basic premise is our current economic models are flawed, and it is just a simple matter of excessive debt, especially personal debt. We have only just begun to pay down our debts and we are now only slightly below the highs of 2008. If he is right we have a long way to go.

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