The macro commentator Alfonso Peccatiello, who writes as @MacroAlf on Twitter/X and publishes the Macro Compass newsletter, recently posted an excellent thread on private debt that cited my work: Let me show you one of the most underrated and yet crucial long-term macro variables in the world. Debt. But not government debt: people should stop … Continue reading "The Failure of Neoliberalism: Backing Up Macro Alf, & Showcasing Ravel, in 11 plots and two averages"