{"id":2394,"date":"2011-11-27T22:11:38","date_gmt":"2011-11-28T03:11:38","guid":{"rendered":"http:\/\/goldstocksforex.com\/?p=2394"},"modified":"2011-11-27T22:11:38","modified_gmt":"2011-11-28T03:11:38","slug":"steve-keen-on-hard-talk","status":"publish","type":"post","link":"https:\/\/thepatientinvestor.com\/index.php\/2011\/11\/27\/steve-keen-on-hard-talk\/","title":{"rendered":"Steve Keen on Hard Talk"},"content":{"rendered":"<p>Steve Keen on how we can safely deflate the debt bubble. There may be alternative, less radical measures that could be taken to help the de-leveraging process but his basic message is right: deleveraging could cause 10 years or more of pain if we do not take measures to address the problem.<\/p>\n<p><span class=\"embed-youtube\" style=\"text-align:center; display: block;\"><iframe loading=\"lazy\" class=\"youtube-player\" width=\"525\" height=\"296\" src=\"https:\/\/www.youtube.com\/embed\/rGkmgnprrIU?version=3&#038;rel=1&#038;showsearch=0&#038;showinfo=1&#038;iv_load_policy=1&#038;fs=1&#038;hl=en-US&#038;autohide=2&#038;wmode=transparent\" allowfullscreen=\"true\" style=\"border:0;\" sandbox=\"allow-scripts allow-same-origin allow-popups allow-presentation allow-popups-to-escape-sandbox\"><\/iframe><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Steve Keen on how we can safely deflate the debt bubble. There may be alternative, less radical measures that could be taken to help the de-leveraging process but his basic message is right: deleveraging could cause 10 years or more of pain if we do not take measures to address the problem.<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[49],"tags":[952,959,3244],"class_list":["post-2394","post","type-post","status-publish","format-standard","hentry","category-economic-theory","tag-de-leveraging","tag-debt-bubble","tag-steve-keen"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Steve Keen on Hard Talk - the patient investor<\/title>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Steve Keen on Hard Talk - the patient investor\" \/>\n<meta property=\"og:description\" content=\"Steve Keen on how we can safely deflate the debt bubble. 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According to Keen, the Americans are currently doing the complete opposite of what they should do. They should\u2026","rel":"","context":"In &quot;Debt Levels&quot;","block_context":{"text":"Debt Levels","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/debt-levels\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":13551,"url":"https:\/\/thepatientinvestor.com\/index.php\/2016\/07\/09\/steve-keen-australian-mortgage-debt-levels-are-outrageous\/","url_meta":{"origin":2394,"position":1},"title":"Steve Keen: Australian mortgage debt levels are &#8220;outrageous&#8221;","author":"ColinTwiggs","date":"July 9, 2016","format":false,"excerpt":"Steve Keen has a number of detractors who knock him for his incorrect forecast of collapse of the Australian housing bubble. But he was wrong for the right reasons.... the Australian financial system, based on highly-levered mortgages, is a house of cards. It was only rescued post-GFC by massive stimulus\u2026","rel":"","context":"In &quot;Banks &amp; Interest Rates&quot;","block_context":{"text":"Banks &amp; Interest Rates","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/the-fed-banks-interest-rates\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/img.youtube.com\/vi\/W_lcbjxna74\/0.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":6979,"url":"https:\/\/thepatientinvestor.com\/index.php\/2013\/03\/14\/expanding-debt-dousing-the-flames-with-gasoline\/","url_meta":{"origin":2394,"position":2},"title":"Expanding debt: Dousing the flames with gasoline","author":"Colin Twiggs","date":"March 14, 2013","format":false,"excerpt":"We are now in the fifth year of recovery from the worst financial crisis in 50 years -- fueled by expanding household debt, rising from 50% of GDP in the 1980s to close to 100% in 2008. Contraction since the GFC has brought US household debt back to 80% of\u2026","rel":"","context":"In &quot;Banks &amp; Interest Rates&quot;","block_context":{"text":"Banks &amp; Interest Rates","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/the-fed-banks-interest-rates\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":8414,"url":"https:\/\/thepatientinvestor.com\/index.php\/2013\/09\/09\/why-this-is-a-bad-time-to-win-an-election-business-spectator\/","url_meta":{"origin":2394,"position":3},"title":"Why this is a bad time to win an election | Business Spectator","author":"ColinTwiggs","date":"September 9, 2013","format":false,"excerpt":"Prof. Steve Keen writes: So what could the future hold for Prime Minister Abbott? Here I have a hunch that he\u2019ll end up suffering a similar fate, not to the previous Liberal leader he admires \u2013 John Howard \u2013 but to ..... 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