Top Economist: This Is What "Always" Happens Before a Financial Crisis

About this episode

Dr. Steve Keen discusses the indicators and implications of an impending financial crisis, drawing on historical economic trends and current geopolitical tensions.

📚 Learn 50+ years of Real Economics in only 7 weeks. Apply here: https://www.stevekeen.com/dollarcollapse (Apply this week and get my 3-Book Rebel Economist Bundle as a Free Bonus. Plus if you're fully approved by my team, get Ravel© - my proprietary economic visualization software I use in my YouTube videos; to predict the economy, like I did years before the 2008 Financial Crash happened). The U.S. dollar is facing its worst performance in over five decades, with surging oil prices raising the specter of stagflation and a potential economic collapse. As China's economy increasingly challenges the us economy in global trade dominance, the world faces a very deep global recession. Mainstream economists, by ignoring the impact of credit, fail to grasp the full implications of this shift and the rising inflation. The presentation also contrasts debt reduction trends after the great depression with the period following the 2007-2009 GFC, providing valuable financial history and insights into economic growth and economic crisis. Are oil prices really about to crash overnight? Could the Iran War trigger a global food crisis in just 3 months? What happens when a financial crash expert…

People in this episode

Host: Dr. Steve Keen

Topics covered

• financial crisis
• economic collapse
• stagflation
• credit impact
• oil prices
• global recession
• food crisis

Keywords

• financial crisis
• economic collapse
• stagflation
• oil prices
• credit
• global recession
• food prices
• Iran War
• 2008 Financial Crash

Mentioned in this episode

Organizations: Ravel©

Places: U.S., Iran, China, global trade

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