Financial Crash Expert: The unthinkable is about to happen to the daily wage workers

Financial Crash Expert: The unthinkable is about to happen to the daily wage workers

From Rebel Economics with Professor Steve Keen by Professor Steve Keen

April 27, 2026 · 17 min · Season 1 · Episode 123

About this episode

Dr. Steve Keen discusses the impending economic crisis triggered by the AI bubble and its impact on daily wage workers.

📚 Learn 50+ years of Real Economics in only 7 weeks. Apply here: https://www.stevekeen.com/Aibubbleandthejobmarketcrash (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). AI bubble is bursting? While the world is distracted by the hype around artificial intelligence, a far more dangerous reality is brewing in the bond markets. In this video, Professor Steve Keen warns that AI won't be the savior of the global economy in fact, the bursting of the ai bubble might just be the trigger for a sovereign debt crisis. We are witnessing the inevitable collapse of a neoliberal economic model built on debt, deregulation, and financial illusion. While millions of Americans are forced to work past 65 and the U.S. struggles to sell its debt in 2026, the tech sector's promise of infinite productivity is colliding with the hard math of a credit crunch. Keen dismantles the myth that markets (or AI) self-correct, revealing how ignored credit cycles and reckless…

People in this episode

Hosts: Dr. Steve Keen, Professor Steve Keen

Topics covered

  • economic crisis
  • AI bubble
  • sovereign debt
  • credit crunch
  • neoliberalism
  • bond markets

Keywords

  • financial crash
  • daily wage workers
  • AI illusion
  • debt crisis
  • economic visualization
  • credit cycles
  • productivity

Mentioned in this episode

Organizations: Ravel©, U.S. Treasury, AI, Wall Street, neoliberal economic model

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