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From Zombie Banking to Zombie Democracy on Capital Account

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Steve Keen
Debt Deflation
Published : March 02nd, 2012
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Category : Opinions and Analysis

 

 

 

 

Capital Account is one of my two favorite financial programs (the other is Max Keiser’s The Kaiser Report). The show is as slick as any show on the major networks, yet its presenter Lauren Lyster and Executive Producer Demetri Kofinas are literally “on the money” about the financial system–in stark contrast to the waffle that passes for analysis on CNN or FOX. If you want content as well as glitz, watch Capital Account.

Today, Lauren and Demetri raised the issue of the possible political fallout from the austerity programs being imposed on the peripheral countries of Europe, under the novel heading of ”From Zombie Banking to Zombie Government”.

 

 

 

Steve Keen

DebtDeflation

 

 

 

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Steve Keen is associate professor at the University of Western Sydney School of Economics and Finance. As an economist, he does something very unusual : he treats money seriously, and as a result he gets a very different result on how the economy operates.
WebsiteSubscribe to his services
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