Nature and Causes of the Great Depression: The Existence of Credit This tract makes a critical analysis of credit based, free market economy, Capitalism, and proves that its dysfunctions are the result of the existence of credit. It shows that income / wealth disparity, cause and consequence of credit,is the first order hidden variable, possibly the only one, of economic development.

It solves most of the puzzles of macro economy: among which, Unemployment, Under Development, International Division of Labour, Business Cycles, Stagflation, Greenspan Conundrum, Deflation and Keynes' Liquidity Trap...

It shows that no fiscal or monetary policy, including the barbaric Quantitative Easing will get us out of depression.

The Credit Free, Free Market economy is the solution that will correct all of those dysfunctions.

A surprising result of my research is that what is optimal from an mathematical/economic point of view is also optimal from a moral point of view and is the only one that obeys to the precept of both Islamic Qu'ran and Jewish Torah. A rare occurrence never seen before.

In This Age of Turbulence The People Wants an Exit Strategy out of Credit, an Adventure in a New World Economic Order.