Errr, another one of those ‘we’re in for a very bumpy ride’ posts. This time it’s a radio interview with Australian Economist Steve Keen.
He predicted the 2008 crash, continues to run the numbers and his outlook is not good. Especially for the UK. He reckons that Britain is about a third of the way through the crisis (i.e. a lot of pain to go) and so we’d better get prepared for things to get a whole lot worse.
He’s pretty punchy and has some interesting thoughts as to why he doesn’t get listened to more. However, off the back of this I’m reviewing my finances. Meeting next week.