Are we heading for another economic crash?

Die intellektuelle Welt scheint sich da relativ einig: Ja!

Nur die Frage wann und durch wen oder was er ausgelöst wird, lädt noch zum Debattieren ein. Im Blog State of nature liest man eine sehr interessante Zusammenstellung von Antworten. Unter anderem die von Wolfgang Streeck:

„Im not a prophet. But there is no capitalism without the occasional crash, so if you will we are always heading for one. Inflation in the 1970s was ended by a return to ‘sound money’ in 1980, which begot deindustrialization and high unemployment, which together with tax cuts for the rich begot high public debt. When public debt became too high, fiscal consolidation in the 1990s had to be compensated, for macro-economic as well as political reasons, by capital market deregulation and private household debt, which begot the crash of 2008.

Now, almost a decade later, public debt is higher than ever, so is private debt; the global money volume has been steadily increasing for decades now; and the central banks are producing money as though there was no tomorrow, by buying up all sorts of debt with cash made ‘out of thin air’, which is called Quantitative Easing. While everybody knows that this cannot go on forever, nobody knows how to end it – same with public and private debt, same with the money supply. Something is going to happen, presumably soon, and it is not going to be pleasant.“

…not going to be pleasant? Vorschläge zur Abhilfe: Siehe unten.