Steve Keen on the Australian economy and housing bubbles in Australia, Canada, UK and Hong Kong

Good video with Steve Keen, the Australian economics professor with Max Keiser. Steve not only talks about the Australian economy and that country’s housing bubble but also about the bursting of housing bubbles in Canada, the UK and Hong Kong.

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Good video with Steve Keen, the Australian economics professor with Max Keiser. Steve not only talks about the Australian economy and that country’s housing bubble but also about the bursting of housing bubbles in Canada, the UK and Hong Kong. He believes that Australia and Canada are headed largely where the US went before them, to a deleveraging-induced economic crisis due to excess private debt.

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