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Thursday, January 2, 2014

Video: Debt Ceiling Simulation

I have created a video on Youtube of what happens if a debt limit is enforced in a modern economy (spoiler: bad things). It is based on a simple Stock-Flow Consistent model.

The Youtube URL in case the above embedded video does not work:

This video is a bit of a technology test on my part.

A longer explanation of what is happening within the model (including simplifications made) is given in this blog post:

as well as here:

Also: I have just set up a Twitter account; @RomanchukBrian (widget to follow my account on the right).

(c) Brian Romanchuk 2014

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