@erickemde.bsky.social
#TLDR: Budget surpluses take money from the economy and end up with declining growth, budget deficits add money to the economy. Too much deficit is unsustainable, but some is necessary
youtu.be/7_l1Ou97Vsg?...
youtu.be/7_l1Ou97Vsg?...
"Are Elon and Trump Wrong?" Top Economist Warns U.S. of DOGE
YouTube video by ProfSteveKeen
youtu.be
March 29, 2025 at 10:59 PM
#TLDR: Budget surpluses take money from the economy and end up with declining growth, budget deficits add money to the economy. Too much deficit is unsustainable, but some is necessary
youtu.be/7_l1Ou97Vsg?...
youtu.be/7_l1Ou97Vsg?...
"Hungary is a living example of how vulnerable democratic institutions actually are and how easy it is for ill-intentioned leaders to exercise control over citizens. ... And how quickly a country and a people can be chilled into silence. ... "
www.nytimes.com/2025/01/16/m...
www.nytimes.com/2025/01/16/m...
‘The Interview’: Ambassador David Pressman Is Alarmed by What He Has Seen
Ambassador David Pressman talks about his contentious relationship with Viktor Orban’s administration and why what happens in Hungary matters.
www.nytimes.com
January 17, 2025 at 2:25 PM
"Hungary is a living example of how vulnerable democratic institutions actually are and how easy it is for ill-intentioned leaders to exercise control over citizens. ... And how quickly a country and a people can be chilled into silence. ... "
www.nytimes.com/2025/01/16/m...
www.nytimes.com/2025/01/16/m...