Steve Keen’s Debt Watch

Ravel is a whole new way to analyse multidimensional data--which is anything that won't fit into the rows and columns of an Excel spreadsheet. This gives it much more power than Excel, but it also presents challenges when you import a CSV file into Ravel. The cause here is what is known as "the curse of dimensionality". A CSV file in Excel is just a 2-dimensional array of unrelated numbers, and its memory needs are the number of rows, times the number of columns, times how many...

Herds Don't Survive Economic Cliffs.

"The numbers scream at you that private debt and credit are truly significant to determining economic activity, and the mainstream, like Paul Krugman and Ben Bernanke, ignore it completely." -- Join ~10,000 Other Truth-Seekers by Downloading my new 'Funny Money' Bundle for Free at https://new.stevekeenfree.com Are you an engineer, finance, or IT professional? If you are, the 7-Week Rebel Economist Challenge is for you. If you qualify, I will work closely with you every week to...

Debt Fuels Economic Chaos.

Economic Survival Depends On This

Economists Misunderstand Financial Crisis.

Debt Forgiveness: The Only Solution?

Debt and Delusion: A Dangerous Cycle.

Debt Crisis: The Ultimate Government Strategy.

Contrary to popular belief, financial crises are not unpredictable black swan events. Mainstream economists love to paint them as rare and unforeseeable. But the reality is far different. Ignoring private debt and its bubbles leads to economic downturns. Take the 2007 housing crisis. It wasn't a bolt from the blue. It was a ticking time bomb. Private debt levels were skyrocketing, yet mainstream economists like Ben Bernanke were blissfully unaware. They were busy admiring...