Steve Keen on debt and the economy: How do we pay for all this?

Speaking at the Per Capita annual conference Policy Exchange 09, economist Steve Keen looks at the rising national debts in Australia and the United States, paying particular attention to their historical relationship with recessions, growth and unemployment. He suggests that the levels of debt in both countries have reached a point which virtually guarantees a very difficult economic road ahead in the long term.
Canberra, October 2009

Source:

Per Capita

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