Notes

Gordon Brown's Poker Lesson explains what is wrong with the economy, and why unless new money is injected into it constantly, debt-free, the current system must lead inevitably to "the ruin of the player", ie recession, depression and everything associated with it.

In spite of the facile objections of some moron in uk.legal (who shall remain nameless) this is an almost perfect analogy. His claim that the world economy is not zero-sum is clearly wrong; if almost all new money comes into existence as interest-bearing debt from the banks, eventually the entire Ponzi scheme must collapse like a house of cards.