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Phil Dobbie

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Articles

  • 3 weeks ago | profstevekeen.substack.com | Steve Keen |Phil Dobbie

    Economists seem conditioned to think that we need to suffer before an economy can get back on track. They argue an economy can’t grow if there is a large amount of accrued government debt. That the economy needs confidence to grow, and the confidence won’t exist the government owes a lot of money.

  • 1 month ago | profstevekeen.substack.com | Steve Keen |Phil Dobbie

    Why is it, that whilst there are an increasing number of billionaires on the planet, the rest of us are no better than we were decades ago? Young people can’t get on the housing ladder, there’s an increasing waiting list for health services, schools are short of money and tertiary education, once free, leaves students with a lifetime of debt.

  • 1 month ago | profstevekeen.substack.com | Steve Keen |Phil Dobbie

    The standard excuse for why states fail is the rampant printing of money. That certainly doesn’t help, but it’s often the symptom not the cause. In most cases states fail simply because the government isn’t in control. Take, for example, Syria, Yemen, Afghanistan, Somalia, South Sudan.

  • 1 month ago | profstevekeen.substack.com | Steve Keen |Phil Dobbie

    In 1944, at Bretton Woods, 44 countries agreed to make the US dollar the world's reserve currency. This decision inflated the dollar's value, making American exports expensive and imports cheaper. Donald Trump is now addressing this imbalance with tariffs on countries with high trade surpluses.

  • Nov 27, 2024 | player.fm | Phil Dobbie

    Thursday 28th November 2024NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABA weaker dollar, falling share prices and very light trade. It’s close to the end of the month and Thanksgiving today in the US. NAB’s Ken Crompton returns rto the Morning Call to give is take on the market moves overnight on the back of largely unsurprising data from the US.

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