yes the clinton video is fascinating as he suggests that bangladesh's 6% growth a year is due not to government but its outstanding grassroots organisations led by yunus (Grameen) and Fazle Abed Brac)

I salute Dr Yunus the happiest banker in the world cos basically every loan he's ever made has tried to make people more productive and communities more sustainable; this is the exact opposite of credit aiming to maximise a person's consumption and often debt.

(To reitearte satrt of this thread: I wonder historically where did different nation's banks crossover from Latin credere (to believe or trust). To have "credit" in a community, for example, meant that you could be trusted to pay back your debts. "I use to say this in my speeches, in the early days," he responds. "I said: look at the world, how funny it is. They took the word credit which means trust, and built a whole edifice of credit institutions, refined, very sophisticated, entirely based on distrust." At Grameen, he says, "we went back to the original meaning of credit."...)

It is interesting that the French origin of entrepreneurial studies involve productivity not demand-side economics. While I can see the merit of both up to a degree, its pretty clear that Dr Yunus has a point in saying that many bankers have mismanaged their businesses and are getting millions of people into crashing problems because of this.

The way this point is made in this New York Q&A with a 9 year old on the day that Dr Yunus' book hit the bestsellers list is priceless!

Furthermore sustainability crises at the community level are part of the same exponential system destruction