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Australia’s approaching private debt crisis on ABC TV Matter Of Fact with Stan Grant

Summary:
This was a very good panel discussion, prompted both by the private debt data for Australia, and Stan Grant’s review of and commentary on my book “Can we avoid another financial crisis?”, which notes that Australia is one of the countries that I expect to have a debt crisis in the next 1-2 years. The ...

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This was a very good panel discussion, prompted both by the private debt data for Australia, and Stan Grant’s review of and commentary on my book “Can we avoid another financial crisis?”, which notes that Australia is one of the countries that I expect to have a debt crisis in the next 1-2 years.



The video is not available to viewers outside Australia, so I’m making it available here. If it later is available via an ABC channel, I’ll happily delete it from here.



The discussion starts 6 minutes and 12 seconds into this video.



Steve Keen
Steve Keen (born 28 March 1953) is an Australian-born, British-based economist and author. He considers himself a post-Keynesian, criticising neoclassical economics as inconsistent, unscientific and empirically unsupported. The major influences on Keen's thinking about economics include John Maynard Keynes, Karl Marx, Hyman Minsky, Piero Sraffa, Augusto Graziani, Joseph Alois Schumpeter, Thorstein Veblen, and François Quesnay.

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