| Renegade Inc. TV Interview Highly Recommended |
| | In this television interview for Renegade Inc., Ross Ashcroft and I discuss Creditism and the opportunities and dangers that exist at this unique moment in history.
The global economy no longer works the way it did when Money was backed by Gold. After 1971, Capitalism evolved into Creditism. Creditism has pulled hundreds of millions of people out of poverty, but it is now in danger of breaking down into crisis because the private sector is too heavily indebted to take on more debt.
With Creditism in crisis, the global economy now faces very serious challenges. In this interview, I offer ideas on how those challenges can be overcome.
Renegade had kindly included a clip of Alibaba’s Jack Ma expressing similar views.
After watching this interview, if you would like to learn more about Creditism and the threats and opportunities it presents, subscribe to Macro Watch.
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Richard Duncan
Author, Economist, Consultant, Speaker
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