While watching some Steve Keen interviews, I was struck by something. I have known for a long time that mainstream economists pay no attention what so ever to private sector debt levels. I never really dug into why. But Keen specifically touched on …
What is Debt? – An Interview with Economic Anthropologist David Graeber
So the real question is not how does barter generate some sort of medium of exchange, that then becomes money, but rather, how does that broad sense of ‘I owe you one’ turn …
see if you find out how much has really been bet and continues to be bet
US Treasury CDS
“It’s a question of whether it’s really a legitimate trade in many respects,” said Cirami, a co-manager of the $7.3 billion Eaton Vance Global Macro Absolute …
