Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
Economy
In reply to the discussion: STOCK MARKET WATCH -- Thursday, 5 April 2012 [View all]girl gone mad
(20,634 posts)68. Ed Harrison is so good at explaining this in a straightforward way.
As to why it matters so much, the neoclassical models pretty much ignore the banks and the role of banking in the crisis. For a long time, Keen has been one of the very few economists pointing out the significance of private sector debt in driving this recession.
Edit history
Please sign in to view edit histories.
79 replies
= new reply since forum marked as read
Highlight:
NoneDon't highlight anything
5 newestHighlight 5 most recent replies
RecommendedHighlight replies with 5 or more recommendations
There Will Be Cheating: Another Gift to Big Banks Hidden in Obama’s Principal Reduction Strategy
Demeter
Apr 2012
#2
The Second Foreclosure Tsunami Is Coming, And Is About To Kill Any Hopes Of A "Housing Bottom"
girl gone mad
Apr 2012
#6
Yoram Bauman PhD, World's Only Stand-Up Economist (INTENTIONALLY FUNNY AS OPPOSED TO THE REST)
Demeter
Apr 2012
#59
JPMorgan Chase Reaches Settlement With CFTC Regarding Extension of Credit to Lehman's Broker-Dealer
Demeter
Apr 2012
#52