This is a companion article to Debt Hysteria. You may also find that one useful. Governments around the world have increased their spending in the wake of the coronavirus. Their […]| 99%
Debt, the rise of oligarchs and the decline of capitalism| thehonestsorcerer.substack.com
Something changed in America in the 1990s. The U.S. federal funds rate began a decline from above 5 percent to reach the effective zero bound by 2009. U.S. ten-year Treasury yields declined from above 6 percent to levels not even recorded during the Great Depression. Credit to the U.S. nonfinancial corporate sector rose from 56…| American Affairs Journal
Direct from BOOM Finance and Economics at the links below| austrianpeter.substack.com
