Daily Archives: January 4, 2012

The Debtwatch Manifesto | Steve Keen’s Debtwatch

via The Debtwatch Manifesto | Steve Keen’s Debtwatch. The fundamental cause of the economic and financial crisis that began in late 2007 was lending by the finance sector that primarily financed speculation rather than investment. The private debt bubble this caused is unprecedented, probably in human history and certainly in the last century (see Figure […]