Steve Keen: Predicting a Crash Makes You Lonesome 4/7

Steve Keen: Predicting a Crash Makes You Lonesome 4/7

Assessment

Interactive Video

Business

University

Hard

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The transcript discusses the concept of credit impulse, later termed credit accelerator, which links debt acceleration to economic activity changes. The speaker shares experiences of public and media reactions to their economic predictions, facing criticism from economists and the property sector. Despite challenges, they emphasize resilience and the importance of continuing their work.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What challenges did the speaker face after becoming publicly visible?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the speaker compare their experience to that of Peter Schiff?

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