European Tribune - Comments - Helicopter Economics

Helicopter Economics | 27 comments (27 topical, editorial, 0 hidden)

... Dean Baker's been pushing it since 2008, but it leaves the banks and other's who peddled mortgages like used cars taking a haircut, so they focused on plumping the bank's bottom line and let the mortgage holders, aka suckers, hang out to sway in the breeze.

I've been accused of being a Marxist, yet while Harpo's my favourite, it's Groucho I'm always quoting. Odd, that.

by BruceMcF (agila61 at netscape dot net) on Wed Sep 8th, 2010 at 04:01:09 AM EST
[ Parent ]

Re: I'm not so sure ... (4.00 / 3)

As I have been saying for some time, I think it is possible to use partnership framework agreements to create 'Rental Pools' and thereby to replace unsustainable debt finance with a new form of equity at a fraction of the cost.

In that context, I'm making a presentation in London next month to the CEOs of the 25 top UK housing associations on just such a 'debt/equity swap' and have a couple of Scottish housing associations, and the Scottish government's 'investment reform' team, aiming to carry out a prototype community land partnership.

"Any economic unit can emit money. The serious problem is to get it accepted" Hyman Minsky

by ChrisCook (cojockathotmaildotcom) on Wed Sep 8th, 2010 at 05:36:22 AM EST
[ Parent ]

Re: I'm not so sure ... (4.00 / 2)

Congrats, Chris! That's a big 4.

Our knowledge has surpassed our wisdom. -Charu Saxena.

by metavision on Thu Sep 16th, 2010 at 05:49:25 PM EST
[ Parent ]

Helicopter Economics | 27 comments (27 topical, 0 editorial, 0 hidden)

. Home
. About
. Contact
. New User Guide
. FAQ
. ET Editorial Guidelines
. Search
. Search (Google)

Username:
Password:

. Make a new account
. Reset password

Recommended Diaries

Socratic Economics XII: Utopian Government Finance
by Zwackus - May 25
266 comments

A Star is Born
by ChrisCook - May 23
23 comments

The French newspaper Le Monde reports 1.5 million living the...
by Democrats Ramshield - May 27
8 comments

$1,000,000,000,00
0 or what we must remember
by Metatone - May 19
69 comments

The balance of anger and fear
by Frank Schnittger - May 17
44 comments

Stable pricing is to metaphysics as variable pricing is to...
by Upstate NY - May 16
8 comments

Another NRW election
by DoDo - May 13
118 comments

Bundesrat saves PV (and loses Röttgen)
by DoDo - May 12
18 comments

Recent Diaries

The French newspaper Le Monde reports 1.5 million living the...
by Democrats Ramshield - May 27
8 comments

Socratic Economics XII: Utopian Government Finance
by Zwackus - May 25
266 comments

A Star is Born
by ChrisCook - May 23
23 comments

$1,000,000,000,00
0 or what we must remember
by Metatone - May 19
69 comments

The balance of anger and fear
by Frank Schnittger - May 17
44 comments

Stable pricing is to metaphysics as variable pricing is to...
by Upstate NY - May 16
8 comments

A little American intercine battling
by rootless2 - May 14
27 comments

Another NRW election
by DoDo - May 13
118 comments

Bundesrat saves PV (and loses Röttgen)
by DoDo - May 12
18 comments

The mainstream German Magazine Spiegel asks, has the US mixed ...
by Democrats Ramshield - May 10
27 comments

Short Term Climate Forces: Black Carbon, Methane, and...
by gmoke - May 9

Twenty days of Crisis for Cameron
by ceebs - May 9
22 comments

SYRIZA and the Eurocrats: a letter of intent
by talos - May 9
363 comments

French Parliamentary Elections: a look under the hood
by Bernard - May 8
59 comments

Why haven't we had WWIII yet?
by Migeru - Apr 30
258 comments

More Diaries...

Occasional Series

Click for full list