Too few people understand this point. Worrying about how much monopoly money debt a country may be in is a misplaced concern, that concern would be much better placed at the real issues of debt we are facing (climate, education, etc).
For those that don’t know Bruce well enough, and therefore might this read this, he isn’t a socialist commy or something 
What I understand him to be saying, to which I agree, is there was a season for neoliberalism, and now is the time for the next step in the chain which is being forced by the good (and bad) fruit of rampant neoliberalism.
More interesting reading on this topic here in case people are interested.