Money is created through interest bearing loans.

The global money supply doubles every decade. Most is created by banks issuing loans (=>debt) at interest. All countries bar 4 are in debt - not to each other, but to banks. It should not surprise us therefore that the world economy has vast amounts of debt at its centre.

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The Global Financial Crisis
Long-term causes of the financial crisis?
Money is created through interest bearing loans.
What's awry with the modern economy?
Unustainable forces of production/consumption: Capitalism
Unintended consequences of earlier public policy choices
Lack of financial literacy.
Accountability Mechanisms ill-suited for Network Style Dec-Making
Global Savings Glut
Human cognitive biases
Increased power of finance capital leading to rent-seeking behavior
Natural financial dynamics of the baby boom generation
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