John Christensen

In this discussion, John Christensen, co-founder of the Tax Justice Network and a former economist for Jersey, highlights the 'finance curse' and its impact on housing inflation. He reveals how rising house prices have locked out younger generations from economic security. The consequences of government policy on the crisis are examined, along with the vulnerability of 'zombie banks' to asset price declines. Christensen advocates for reforms like mass social housebuilding and capital controls, urging a clear choice: reform or societal rupture.