Neoliberalism and economic breakdown | Steve Keen's Debtwatch
February 19, 2009 by
Filed under Politics
Right from day one of the post-WWII period, the US financial system grew debt faster than than the USA economy grew its GDP. As a result, the ratio of debt to GDP rose from a manageable 45% of GDP in 1945, to 290% now (without factoring …
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Neoliberalism and economic breakdown | Steve Keen's Debtwatch
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