How to get ourselves out the great financial crisis
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.