Was the US economy strong… or dangerously fragile… just before the Iran War began? On the surface, everything looked solid. Growth was steady. Unemployment was
Richard Duncan
Recent Posts by Richard Duncan
This is the 15th and final video in the Macro Watch Creditism 101 series. How Constraints Shape Economic Systems I have long argued that economic
Something fundamental is shifting beneath the global economy. For weeks in the Creditism 101 series, we’ve been working toward this moment. Why do economic systems
The Re-Engineering of Creditism Has Begun For decades, policymakers responded to economic stress by doing one thing: stabilizing the existing economic system. When growth slowed,
For decades, the global economy has operated under an economic system that I’ve described as Creditism — a system that stabilized Capitalism by expanding credit,