Ponzi Finance (Minsky's concept) describes the current dominant pattern in the G7 and broader Western economies: borrowing today to settle yesterday's obligations before making claims on the real economy, a pattern that requires perpetual refinancing and cannot be sustained indefinitely.
definitionpending
Speaker
Warwick PowellEvidence Quote
“Minsky described this phase of course in terms of being pomy Finance sure we borrow today to settle the accounts of yesterday before having to make a claim on the real economy this is the dominant pattern of Contemporary American political economy”
Source
China's Secret Strategy EXPOSED: Warwick Powell shares What You Didn't Know— The Jay Martin ShowCreated: 8/12/2026, 6:20:40 PM
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