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Daily Kos: A 2012 Victory Won't Bring Back the Economy: Only a …

This debate ignores the big elephant in the room; the millions of people underwater defrauded into mortgage debt and other private debt chaining them to their deflating assets with no sufficient income prospects added up and compounded …… of it) and mixed it with Irving Fischer's debt deflation hypothesis and Minsky's Financial Instability Hypothesis and that is where we see Steve Keen and Michael Hudson coming from today with their own contributions of course.

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Daily Kos: A 2012 Victory Won't Bring Back the Economy: Only a …

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