Not all of us indy but yes too many, any understanding of Capitalism shows we need credit, but some over use it

Capitalism as we've come to know it can not continue for much longer, it is unsustainable in its present form.
The formulae need to change in order to spread the wealth wider. Societal pressure will dictate that change very soon. Too much has been syphoned off by the elites who are gradually losing control over the masses who are eager to see just a little more equality.
Public Service salaries will be the first to be scrutinised as soon as the graphs are diving.

Some thoughts that come to mind on this thread...

Keynes vs Friedman

Keynes - Lived in the depression and believed that government action through manipulation of Government Spending, Taxation and Reserve Bank Interest Rates could have ended the depression earlier.

Friedman - Lived during the Vietnam War and believed that government action caused Stagflation (portmanteau)- a condition where there was low investment to develop businesses (Stagnation) but high consumer demand causing inflation.

Some commentators see Keynes and Friedman as reflecting the "left and right" of politics.

Gross National Product = Government Spending + Investment + Consumption + Net Exports

GNP = G + I + C + X

X = Exports - Imports

There are variables that distort markets.

Fiat and non-Fiat money- seems to be important for understanding the relationships between the Reserve, Retail Banks, Lenders, and Borrowers.

Macro vs Micro Economics

Both Property Markets and Research & Development rise with low interest rates. If the Reserve Bank lowers interest rates to stimulate R&D and job and wage rises- the simultaneous rise in property markets seems to negate the benefit of the R&D. There seems to be a paradox here.

Property Owners and Property Renters view the markets differently- there are standard ways of addressing paradoxes. Property Owners benefit from Capital Appreciation growth and Rental income and Rental growth, property capital growth is linked positively with inflation. Renters want to keep their rent cost stable.

The view of what is approapriate policy depends on how real estate is viewed in society- is it viewed as just another form of business, is it viewed as speculation, there are also historical views such as family ownership of land where land cannot be bought and sold, and others.

There seems to be a misunderstanding of the role financial risk plays in society by those without money. Perhaps there is a similar misunderstanding of the role of stability for those with money

R&D seems to be critical for development at a national scale. It can be hard to pin down an approapriate definition of R&D. Adam Smith the "Father Of Economics" seems to follow this theme. Smith seems to take a dim view of market "speculation" citing tobacco stockpiling during the US War Of Independence. There have been cases where R&D policies have been implemented successfully and wildly unsuccessfully.

Understanding Economic case studies can be challenging in part due to the paradoxes that arise

Economic Liberalism Vs Protectionism

The Government powers of regulation of industries including the finance industry and critical infrastructure such as utilities.

Individual Calem Malem, in no way do I think or prose Capitalism is or should be dead
This World has had many other ways, not one proving it is as good
But it can evolve, in fact will, no matter what we think
Right now it focuses on wealth creation, for the few, at the expense of the many
If, and it seems so, a GFC is about to come, it may bring about the change to Capitalism
No one side of politics holds the blame for that coming problem
But all sides, including those countries ruled by dictators, need change
Any system, must, as always, reward effort, for that reason socialism is a non starter