Prescient: I just got this in my in-box recently.

The entire economy is much the same as the markets described here. After all, all of the money in the economy is the result of debt being incurred. Growth is needed to increase the income to service that debt. We are learning that debt will grow faster than the economy (total income) ever can, yet ever more debt-as-money is the only answer within the existing paradigm. [QE is the exception, but it is also an admission that the paradigm is really inadequate.]

Obviously, the only possible answer at this point is a new monetary paradigm. I have spent years developing one (as an avocation — but I do have an M.A. in economics, if it matters.) In it money enters the economy without debt, in the form of an income paid to eligible citizens. So the existing economy would become income-based instead of being debt-based.

“For Crying Out Loud, ACCEPT That A SOLUTION Actually EXISTS” (a “3 min read’ — including options for further reading — here in Medium)