What Real Debt Cancellation Combined With Pension And Health Care Reform Looks Like Part I
“A REPUBLIC, IF YOU CAN KEEP IT.” ~BENJAMIN FRANKLIN
Reblogged from Video Rebel’s Blog:
Steve Keen says it will take us 15 years to deleverage this much debt. But a 15 year Depression will mean mass starvation and a lot of wars. The only rational alternative is a Debt Jubilee Now.
I would make government debt illegal. Using his numbers, we would have to cut debt levels by 240% from the current 300% of our 15 trillion GDP.
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