Flassbeck, Heiner - In: Vierteljahrshefte zur Wirtschaftsforschung 88 (2019) 4, pp. 9-22
No subject in the world creates more confusion than ‘debt.’ Nowhere there is a greater need for information because no … often sounds as if the whole world is somehow over-indebted. The problem is that analysis is often based on gross debt, i. e … because you set off all net debts and liabilities of all sectors in the world against one another, there is no debt (i. e …
