Mr. Harrison gets it. Adding zeros in the form of debt onto financial balance sheets cannot possibly sustain economic growth! Of course everyone with an IQ above 20 has that figured out by now, so why do you think America and Great Britain continue to head down that path?
Well, listen closely at the end, he touches on the very line I’ve been saying all along, namely that we need to separate the public from the private! Absolutely spot on… (ht Comrade)
Renegade Economist – 28 May 09 (8 minutes):