Can we avoid another financial Crisis? - Steve Keen
Steve Keen anticipated the 2007 crash and in his new book Can we avoid another financial crisis? he examines why mainstream economists did not see the crisis coming. Was it unpredictable, or did traditional theory blind experts to the real causes? Keen argues that today, ever-rising levels of private debt make another financial crisis almost inevitable unless politicians tackle the real dynamics causing financial instability. He also identifies the economies that have become The Walking Dead of Debt, and those that are next in line.