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.

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

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.

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.

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.

Renewables make electricity cheaper. Simple as that. #EnergyTransition "Renewables do unambiguously reduce wholesale power prices" by Chris Goodall carboncommentary.com/blog/20…

My local climate group, EcoCounts, is showing this in Camden, London tonight (2025-08-29) - free entry, come if you can. eventbrite.co.uk/e/ecocounts…

Finally something about the planet to repost.

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: news.un.org/en/story/2025/07…

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.

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

Ian Hislop, "It is pretty ludicrous we have got to a state where a man is arrested for carrying a joke? I mean, freedom of expression, freedom of speech, all those things we claim to be interested in?" Shame on @YvetteCooperMP and @Keir_Starmer - this isn't the change any of us wanted after 14 years of Conservative chaos, Labour are turning out to be just as awful

1⃣ Like a heartbeat driving one of the largest seasonal cycles on Earth, Antarctic sea ice is central to the global climate system and vital for unique ecosystems. Animation: @southpolecoffee

“2015-2023 the fossil fuel sector received £20bn more support than renewables; £80bn versus £60bn. It’s not difficult to work out why Reform UK don’t want to challenge oil & gas subsidies; they are financed by backers with huge interests in that sector.” lancashiretelegraph.co.uk/ne…

Kit Malthouse MP slams David Lammy MP for his ‘inaction’: ‘Cowardly’ ‘Complicit’ ‘Renders the UK 🇬🇧 irrelevant’ ‘He risks ending up in The Hague’ And appeals to Labour MPs to organise against Starmer & Lammy. And stand against genocide.

CARBON SINKS DOWN- CARBON FEEDBACKS UP End July Annual Temperature high. Land carbon sinks high- but now only the Boreal Carbon feedbacks Mainly Canada methane Amazon emitting CO2 and methane Copernicus Atmospheric Monitoring 17 July 2025 #CO2 #climatechange #globalwarming

A Robespierre for our times

It’s today, July 5th 2025. This is the “I am Spartacus” moment. Please stand up.

She just read the bill she voted for.

Woah.