Adam-EcoCore 🌱♻️🌎⚡

creating a way forward in the fight for the climate 🥧 🌎 ♻️

[Adam-EcoCore 🌱♻️🌎⚡ @AdamEcocore]

@ProfSteveKeen so is this guy on the money? https://t.co/AGpntWZ3VV

[Adam-EcoCore 🌱♻️🌎⚡ @AdamEcocore]

@Rainmaker1973 That African forest might look small but it is incredibly significant in its biodiversity and productivity.

[Carole Cadwalladr @carolecadwalla]

So, today @tedtalks announced that my TED talk ‘This is What a Digital Coup Looks Like’ was their most watched talk of the year.

It’s sort of amazing & terrifying.

Because this *is* what a digital coup looks like.

[Prof. Steve Keen @ProfSteveKeen]

170% vs 120%.

Private debt versus government debt in the United States.

Guess which one gets all the headlines?

The smaller number.

Every economic crisis in modern history has been caused by private debt collapse, not government debt.

The Great Depression. The 2008 financial crisis. Both followed the same pattern: excessive private debt buildup, then sudden collapse.

Irving Fisher figured this out in the 1930s after losing everything in the crash. He spent the rest of his career warning about private debt dangers.

Mainstream economists ignored him. They claimed debt was just redistribution between savers and borrowers, so it couldn't cause macroeconomic problems.

They were wrong then. They're still wrong now.

Ben Bernanke marketed himself as the Great Depression expert. He missed the 2008 crisis entirely because he didn't understand how banks actually create money and debt.

After 2008, his solution was quantitative easing to encourage more lending. More debt to solve a debt crisis.

We're still dealing with the fallout. Private debt barely fell after 2008, only 15%, compared to the 75% drop after the Great Depression. Stock valuations are higher than in 1929. Houses are out of reach for young people.

My solution: A Modern Debt Jubilee.

P.S. Want to understand the real mechanics of private debt and how a Modern Debt Jubilee could eliminate the $20 trillion household debt crisis? Watch my full breakdown in the comments.

#Economics #PrivateDebt #FinancialCrisis #DebtJubilee #EconomicPolicy #MonetaryTheory #SteveKeen

[Adam-EcoCore 🌱♻️🌎⚡ @AdamEcocore]

@NormalIslandNws That was brutal, though you might want to think about whether you want to be indistinguishable from the people you target so cleverly.

[Adam-EcoCore 🌱♻️🌎⚡ @AdamEcocore]

@Cornwall_Coast ... when it's not being trashed by sewage overflows.

[Jostein Hauge @haugejostein]

This is how China’s wind and solar construction compares to the rest of the world.

China currently has 339 gigawatts of wind and solar capacity under construction — roughly two-thirds of the world’s total.

[Prof. Steve Keen @ProfSteveKeen]

Good point. Which is why it is SO important for people to realise that this has nothing to do with "magic money", but is in fact based on 100% solid accounting.

It's the Neoclassicals and Neoliberals who have trapped us and themselves in a fairy story gone bad.

[Adam-EcoCore 🌱♻️🌎⚡ @AdamEcocore]

@ProfSteveKeen Her question was based on a valid fear. Nobody wants the UK to end up bankrupt like Zimbabwe or the Weimar Republic and that is what the old myths keep saying. He didn't persuade his interviewer, he just opened himself to the magic money tree / fairy tale rebuttal.

[Prof. Steve Keen @ProfSteveKeen]

Zach is spot on, and it's fabulous to see this being said on national media. Now we need to educate the journalist, who have been "sold a pup" by mainstream economists, who have never and will never understand how money is created.

[Adam-EcoCore 🌱♻️🌎⚡ @AdamEcocore]

Renewables make electricity cheaper. Simple as that.

#EnergyTransition
"Renewables do unambiguously reduce wholesale power prices" by Chris Goodall https://t.co/lMtKie4QJm

[Adam-EcoCore 🌱♻️🌎⚡ @AdamEcocore]

My local climate group, EcoCounts, is showing this in Camden, London tonight (2025-08-29) - free entry, come if you can. https://t.co/b9ZWFt3gvJ

[Adam-EcoCore 🌱♻️🌎⚡ @AdamEcocore]

Finally something about the planet to repost.

[UN Environment Programme @UNEP]

From ancient microbes in melting glaciers to toxic pollutants from floods, climate change is altering ecosystems & exposing communities.

The world must act to protect people, nature, & economies.

@UN_News_Centre shares insights from the recent #FrontiersReport: https://t.co/kbes8o88CL

[UN Environment Programme @UNEP]

From ancient microbes in melting glaciers to toxic pollutants from floods, climate change is altering ecosystems & exposing communities.

The world must act to protect people, nature, & economies.

@UN_News_Centre shares insights from the recent #FrontiersReport: https://t.co/kbes8o88CL

[Adam-EcoCore 🌱♻️🌎⚡ @AdamEcocore]

@danhind Housing associations, community ownership & management is the way to go.

[Adam-EcoCore 🌱♻️🌎⚡ @AdamEcocore]

Have you taken a punt on when the economy is going to have its next Minsky moment @ProfSteveKeen ? Just listening to @RichardJMurphy but as he admits, markets are not fact-oriented. That certainly suits today's environment, but I see the markets just going up and up.

[Adam-EcoCore 🌱♻️🌎⚡ @AdamEcocore]

@cesifoti The price for a free service is advertising-driven algorithms. We are the product. IMO there's no market solution to this. At the end of the day (or century) the solution will probably turn out to be a federated service like Mastodon offered as part of a mobile or phone tariff.

[Adam-EcoCore 🌱♻️🌎⚡ @AdamEcocore]

@WorldFullofJunk @wattsupwiththat What do you mean, trying to micromanage your lives? That's so crazy. You can go to the loo now you've read this.

[DiaperDiplomacy @DiaperDiplomacy]

“The Whole Thing Is a Con Job” – Trump’s Windmill Rant at EU Presser

[Adam-EcoCore 🌱♻️🌎⚡ @AdamEcocore]

@ProfSteveKeen https://t.co/6Dyelrz8Su