Lending without Saving Brings Recession and Poverty
Released Thursday, 23rd May 2024
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Lending without Saving Brings Recession and Poverty
Lending without Saving Brings Recession and Poverty
Thursday, 23rd May 2024
Good episode? Give it some love!
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Contrary to mainstream economists, credit expansion that is not backed by real savings leads ultimately to an economic downturn.
Original Article: Lending without Saving Brings Recession and Poverty
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