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The Bulletin: December 19-25, 2024

The Bulletin: December 19-25, 2024 The Great Simplification in Action: Building Resilience Through Local Communities Antarctica’s tipping points threaten global climate stability Coal use to reach new peak – and remain at near-record levels for years | Energy industry | The Guardian Homesteading 101: Regenerative Farming and the American Farmer. A Predicament With An Outcome […]

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The macroeconomics of bank-created money and a Modern Debt Jubilee as a way out of the private debt trap

The macroeconomics of bank-created money and a Modern Debt Jubilee as a way out of the private debt trap My friend Dr. Sabri Oncu has established an innovative seminar program at Kadir Has University in Turkey. Called the “Kadir Has Lectures on Global Political Economy”, it has had lectures from a number of non-mainstream economists, […]

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What If We Just Wiped Out All Debt?

What If We Just Wiped Out All Debt? QUESTION: Hello Marty I am hoping you will print this in your blog. Everyone knows that Govt’s/Banks print money out of thin air and then “owe interest” to this invented money. To avoid an interest payment death spiral why can’t all the Govt’s in the world just […]

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Bronze Age Redux: On Debt, Clean Slates and What the Ancients Have to Teach U

Bronze Age Redux: On Debt, Clean Slates and What the Ancients Have to Teach U Photo by Zak Greant | CC BY 2.0 One of the most compelling sequences in the Oscar-winning Inside Job, Charles Ferguson’s indictment of Wall Street’s role in the 2008 global financial meltdown, involved not the banker culprits but their supporting […]

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Could/Should Jubilee Debt Cancellations be Reintroduced Today?

Could/Should Jubilee Debt Cancellations be Reintroduced Today? Introduction The idea of annulling debts nowadays seems so unthinkable that most economists and many theologians doubt whether the Jubilee Year could have been applied in practice, and indeed on a regular basis. A widespread impression is that the Mosaic debt jubilee was a utopian ideal. However, Assyriologists […]

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Debt Has No Consequences? Color Me Skeptical

Debt Has No Consequences? Color Me Skeptical The entire status quo is based on the delusion that rapidly rising debt will never generate any negative consequences. Here’s a chart of America’s national debt, extended a mere dozen years into the future: the current $20 trillion in debt will double to $40 trillion, and that assumes […]

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The Morality and Legality of Debt Jubilee, Part I – Bullion Bulls Canada – Sprott Money News

The Morality and Legality of Debt Jubilee, Part I – Bullion Bulls Canada – Sprott Money News. Our nations (Western nations) are rapidly going bankrupt. This is not a suggestion or an assertion. It is a simple fact of arithmetic, for anyone capable of operating a calculator, and who can understand the concept of “compound interest”. […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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