buggy magnetize report imax cars are time now to go to manila and talk with iss yamma yanis juice is an economics futurist and guest blogger and ode to minds dot com welcome to the kaiser report thanks for having me max all right says we've covered one of your recent posts on the cause the report called endgame alang debt is strong debt forgiveness is the last and ollie remedy tell us about the argument you make for debt forgiveness well one of the most basic arguments for debt forgiveness has to do with arguments that have been brought up by your you know guest michael hudson and myself and others and that simply that debt especially when the interest is attached to it goes goes on indefinitely and it goes up eventual even if it's a small interest it eventually goes up exponentially and now actually commies don't follow that trajectory they they usually plateau out a little bit and even decline at points and if you have debt that will go on come hell or high water and economies that fall off or even out after a time what's going to happen is that more and more of the productive capa

for this edition of the kaiser report with me max kaiser and stacy herbert and we thank my guests yamma yanis if you want to send me an e-mail please do so times report at r t t v dot ru until next time this is next guys are saying bye. the british. me strong.