Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search
6 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
"Are you ready for this Once-in-a-Lifetime Crash?" Top Economist warns (Original Post) bucolic_frolic Jan 22 OP
Clickbait FiveFifteen Jan 22 #1
Hardly. He presents Irving Fisher's perspective against Neo-Classical economics bucolic_frolic Jan 23 #5
It's lining up. Last time it was Covid. He has lit this Klarkashton Jan 22 #2
Transcript usonian Jan 22 #3
"Don't let people speculate using borrowed money." Hugin Jan 23 #4
I've been waiting and waiting and waiting... ramapo Jan 26 #6

bucolic_frolic

(54,419 posts)
5. Hardly. He presents Irving Fisher's perspective against Neo-Classical economics
Fri Jan 23, 2026, 07:55 AM
Jan 23

Once the currency is devalued - and it's underway in a free-market way as we speak - the whole debt bubble implodes. It's a plausible theory, and Irving Fisher was no Marxist wackadoodle. His views were simply overlooked by bank apologists like Bernanke.

Klarkashton

(5,016 posts)
2. It's lining up. Last time it was Covid. He has lit this
Thu Jan 22, 2026, 10:05 PM
Jan 22

This goddamn fuse with all of his shit. The billionaires will give up on juicing the stock market and take their winnings.

Prove my sorry ass wrong.

ramapo

(4,775 posts)
6. I've been waiting and waiting and waiting...
Mon Jan 26, 2026, 11:35 PM
Jan 26

One of these days one of these predictions will be correct. I thought the foundation of economic well-being began to develop holes decades ago. It has been propped up by a distortion of credit and easy money which has led to a devaluation of our money, crippling inflation that has crept up on us, a hollowing out of the middle class, financial gimmicks, delusional cheerleading and basic ignorance.

It has gone on for too long, defying logic and the weight of an upside down economy where the money flows from the poor to the rich. What was advertised as trickle-down economics to benefit all has actually been a trickle-up to benefit the few. Propaganda has been very successful in not only maintaining but growing the rich elite at the expense of almost everyone else.

This might go on for months, years or longer ...until it can no longer.

Latest Discussions»Issue Forums»Economy»"Are you ready for this O...