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EssentialThe Expert View

Credit Zombies and the Walking Dead of Debt

Featuring Steve Keen

Feb 05, 2018 • 27 minutes

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Essential

The Expert View

Credit Zombies and the Walking Dead of Debt

Credit Zombies and the Walking Dead of Debt

Featuring Steve Keen

Feb 05, 2018 • 27 minutes

Steve Keen is a 'renegade economist' who has been debunking classical economic theory for decades. Steve argues that ever-rising levels of private debt are unsustainable in the face of rising interest rates, but that the US Federal Reserve will continue to raise them anyway until the credit cycle implodes – at which point the Fed will turn about and inevitably return to stimulative policies. The economist maintains that until the level of private debt is addressed, the Fed will remain intellectually locked in a never-ending cycle of massive asset bubbles and extraordinary busts. Filmed January 23rd, 2018 in London. Show More

Subject-matter experts offer in-depth analysis of global investment risk and opportunity. Expert View probes the top minds from relevant fields, offering critical insights into every corner of financial markets.

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Subject-matter experts offer in-depth analysis of global investment risk and opportunity. Expert View probes the top minds from relevant fields, offering critical insights into every corner of financial markets.

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