Prof. Keen just dropped an absolute BANGER exposing why every mainstream economist is wrong about the government debt crisis. π
He literally runs BOTH models side-by-side in real time:
β
The textbook fantasy they teach at universities
β
The operational reality of how banking actually works
The results? Mind-blowing. π€―
With the same 1% deficit:
β Textbook model β Catastrophic debt spiral
β
Reality model β Debt stabilizes, GDP grows
This is the content that gets economists BIG MAD because it exposes the accounting tricks that make deficits look scary when they're actually how fiat money is created. π°
15 minutes that will completely change how you understand government finance.
Drop everything and watch this NOW. π