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> government debit can grow until it's not sustainable Of course. That doesn't mean governments follow a simple zero-sum model. Government economics is it's ow
by pdkl95 11y ago
> government debit can grow until it's not sustainable
Of course. That doesn't mean governments follow a simple zero-sum model. Government economics is it's own beast, with (hopefully) it's own solutions.
re: fsck the theories - you may find this[1] interesting, which is a summary of where we stand right now on many aspects of government economics by econ prof Mark Blyth that he gave at a recent q&a session. It might be one of the most succinct explanations of just how badly we're fscked.
[1] https://www.youtube.com/watch?v=iJCcoF5K0SM#t=1160 https://www.youtube.com/watch?v=iJCcoF5K0SM#t=1160