close_menu
Latest News

Dave Ross

How to get ourselves out the great financial crisis

FILE - In this March 17, 2017, file photo, Ivanka Trump arrives for news conference with President Donald Trump and German Chancellor Angela Merkel in the East Room of the White House in Washington. Ivanka Trump will have security clearance, a West Wing office and the ear of her father on important policy matters. But don’t call her an employee. When it comes to government work, “employee” is more than just a word. That designation triggers an array of transparency and ethical provisions, including a law prohibiting conflicts of interest. (AP Photo/Pablo Martinez Monsivais, file)

He predicted our last financial crisis, but can he predict the next financial crisis?

The market will fluctuate up and down, but it’s still going to take us a while to get back to financial stability. In order to do that, award winning-economist Steve Keen says we have to reduce our speculative debt to responsible debt.

If we don’t, we’ll spend another 15-20 years on a less-secure course; Keen told KIRO Radio’s Dave Ross that is what has been happening in Japan. “Always having a bit of growth with a tendency to fall back into a slump again.”

You can learn more from Steve Keen at Seattle Town Hall tonight at 6 p.m. as he speaks on The Great Financial Crisis & the Great Recession: How We Got Here & the Way Out.

Dave Ross on KIRO Radio 97.3 FM

  • Tune in to KIRO Radio weekdays at 5am for Dave Ross on Seattle's Morning News.

About the Author

Alyssa Kleven

Alyssa Kleven is an editor and content producer at MyNorthwest.com. She enjoys doting over her adorable dachshund Winnie - named for Arcade Fire front-man Win Butler.

Comments

Comment guidelines: No name-calling, personal attacks, profanity, or insults. Please keep the conversation civil and help us moderate comments by reporting abuse.
comments powered by Disqus
close_menu
Latest News