Steve Keen Calls for a Debt Jubilee
Steve Keen, a well-known Australian professor and economist, spoke at Occupy Sydney saying that the protests all over the world show economic models have failed. He’s not the only saying this obviously. But, what does that actually mean for policy makers trying to find solutions to the Eurozone debt crisis, or trying to help the ailing US housing market and economy? Steve gives his take on an interview on the new RT show Capital Account with Lauren Lyster. In his view, debt forgiveness will be a big part of the solution.