tag:blogger.com,1999:blog-8850795848027608997.post5304194870593914865..comments2023-11-05T02:15:15.513-08:00Comments on Majia's Blog: Widening Income Gap and Growing Household Debt: Are They Related?Majia's Bloghttp://www.blogger.com/profile/04941091700194936591noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-8850795848027608997.post-25944652935050196162017-05-18T22:19:59.934-07:002017-05-18T22:19:59.934-07:00The repeal of Glass-Steagall Act was a mistake.The repeal of Glass-Steagall Act was a mistake.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8850795848027608997.post-20683304186946369512017-05-18T17:19:39.541-07:002017-05-18T17:19:39.541-07:00Unlike vast majority of economists, we need more e...Unlike vast majority of economists, we need more economists like Michael Hudson who has practical experience. Paul Wilmott is another guy I like. He's probably the smartest quant in the world.EP3https://www.blogger.com/profile/13269973949447459684noreply@blogger.comtag:blogger.com,1999:blog-8850795848027608997.post-53661423050752690182017-05-18T16:46:06.855-07:002017-05-18T16:46:06.855-07:00I like Michael Hudson. A good idea that might tak...I like Michael Hudson. A good idea that might take a generation to produce.Anonymoushttps://www.blogger.com/profile/13458690256053943151noreply@blogger.comtag:blogger.com,1999:blog-8850795848027608997.post-596396082517225392017-05-18T15:51:12.884-07:002017-05-18T15:51:12.884-07:00I subscribe to the public banking movement. Michae...I subscribe to the public banking movement. Michael Hundson and Ellen Brown are both proponents of public banking.<br /><br />Majia's Bloghttps://www.blogger.com/profile/04941091700194936591noreply@blogger.comtag:blogger.com,1999:blog-8850795848027608997.post-221639642324223142017-05-18T13:55:34.989-07:002017-05-18T13:55:34.989-07:00After a really lengthy period of prosperity Americ...After a really lengthy period of prosperity America is due for a long and painful period of austerity--for the masses at least. This is not entirely a bad thing as the effects of affluence on character are known to be mostly unfavorable. And if you think about it there has not been any great out burst of happiness in the past fifty or sixty years. There have been many new human rights invented such as the right to housing, education, health care etc. In short the invention of numerous utopic visions. But no one has invented a way to fund them that will work. So back to the usual historical circumstances. Anonymoushttps://www.blogger.com/profile/13458690256053943151noreply@blogger.comtag:blogger.com,1999:blog-8850795848027608997.post-63055442302773691692017-05-18T10:10:58.758-07:002017-05-18T10:10:58.758-07:00This is the type of debt that kills the economy an...This is the type of debt that kills the economy and production. The media dreads and scaremongers over public debt as if all debts are created equally. Looking at the past history, the exceedingly high level of private debt will end in nothing but tears.Anonymousnoreply@blogger.com