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Tag Archives: economic depression
Steve Keen about the debt crisis and Minsky’s moment — [VIDEO]
13 minutes into: “The real anti-growths are the bankers.”
Posted in Economics, Finance, The Global Economy
Tagged bad debt, bankers' pay, banking, banking system, banks, banksters, borrowing money, credit, currency, debt, deflation, economic behaviors, economic crisis, economic depression, economic growth, economic statistics, Economics, economy, Europe, European Union, Finance, global debt crisis, global economy, gold, gold hedges, gold standard, government debt, growth, house prices, houses, housing, incomes, inflation, Max Keiser, Minsky's moment, money creation, money printing, money supply growth, printing money, private debt, public debt, public deficit, real estate market, real estate prices, Steve Keen, United States Of America, USA, wages
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The number of people searching for the term “economic depression†on Google is down to normal levels.
Says Larry Summers —who is no less than the Director of the White House’s National Economic Council for President Barack Obama.
Mortgage Crisis –> Credit Crisis –> Financial Crisis –> Economic Crisis –> THE GREAT DEPRESSION
Feed readers: Download this post to be able to watch this CBS 60 minutes video on the credit crisis. – Watch CBS Videos Online
Posted in Finance, The Global Economy
Tagged 60 minutes, CBS 60 minutes video, CBS News, credit crisis, credit default swaps, depression, economic crisis, economic depression, economic recession, economy, Finance, financial crisis, global economy, mortgage crisis, mortgage-backed derivatives, recession, United States Of America, US economy, USA, videos
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