Another Economic Crash Is Coming. How Did This Happen?

David Cameron says a second financial crash is imminent. If he's right, it's because politicians bailed out the wrong industry, argues Renegade Economist Ross Ashcroft. He says the last recession was brought on by too much debt. Today private debt is at the greatest level in recorded human history. By ignoring this and instead focusing on the banks, we are heading for economic armageddon.

For more info watch Renegade Economist's Four Horsemen Documentary.

4.3 ·
2
www.theguardian.com
Trending Today
Revolution and American Indians: “Marxism is as Alien to My Culture as Capitalism”
Russell Means219,347 views today ·
Without Saying a Word This 6 Minute Clip From Samsara Will Make You Speechless
6 min26,921 views today ·
Welcome to Marinaleda: The Spanish Anti-Capitalist Town With Equal Wage Full Employment and $19 Housing
Jade Small23,334 views today ·
MP Says Government is Intentionally Making People Destitute to Prevent Organised Opposition
2 min20,220 views today ·
Every Town Needs a Remakery
Jeremy Williams13,122 views today ·
Five Maps That Will Change How You See the World
Donald Houston, University of Portsmouth9,698 views today ·
Today I Rise: This Beautiful Short Film Is Like a Love Poem For Your Heart and Soul
4 min7,130 views today ·
When You Kill Ten Million Africans You Aren't Called 'Hitler'
Liam O'Ceallaigh4,616 views today ·
Musician Macka B. Schools Us on Benefits of a Plant-Based Diet
4 min4,612 views today ·
Load More
New
Republican Fight to Criminalize Protest Tactics
5 min
Trouble, Ep. 1 - Killing the Black Snake
30 min
Five Maps That Will Change How You See the World
Donald Houston, University of Portsmouth
Hooded: A Multimedia Project to Challenge and Change How Young Black Men Are Portrayed
3 min
The Edible Bus Stop: Community Gardens From Neglected Sites
2 min
'Disaster': Trump Administration Signs off on Keystone XL Pipeline
Nika Knight
Escape From Syria - Faiza's Story
5 min
A Letter to Extremists
Nafeez Ahmed
Muslims This, ISIS That
3 min
Load More
What's Next
Richard Wilkinson: How Economic Inequality Harms Societies
17 min
Beyond Capitalism: Not-for-Profit Business Ethos Motivates Sustainable Behaviour
Donnie Maclurcan and Jennifer Hinton
PROUT's Concept of Economic Democracy
10 min
Like us on Facebook?
Another Economic Crash Is Coming. How Did This Happen?