Steve Keen’s Oz Debtwatch

Analysing Australia’s 45 Year Obsession with Debt

>

Dynamics of endogenous money

Published in March 30th, 2007
Posted by Steve Keen in Money dynamics
No Comments

Most conventional and unconventional commentators on money believe that money is destroyed when debt is repaid. I disagree–but explaining why takes some time. I received an email this morning from a Ecological Economics discussion list in the USA on this issue, and wrote the following explanation of my position. I thought that readers of this [...]

continue reading.....

Debtwatch on New Zealand’s “Campbell Live”

Published in March 20th, 2007
Posted by Steve Keen in EFMs
No Comments

I was interviewed on the New Zealand TV3 current affairs program Campbell Live last night, discussing “Shared Equity Loans” (SELs). Click here to see the video. I’ll be writing a blog entry on this issue shortly.

continue reading.....

Household Debt: US vs Australia

Published in March 15th, 2007
Posted by Steve Keen in Australia, Media Coverage, USA
11 Comments

As part of the background to the LateLine interview yesterday, I graphed the US household debt to GDP ratio against the Australian. All the news recently has been about the sub-prime crisis in the States, of course: but guess where household debt has been growing fastest? That’s right, good old Australia has out-done itself once [...]

continue reading.....

Sub-Primes on LateLine

Published in March 14th, 2007
Posted by Steve Keen in Media Coverage, USA
6 Comments

ABC LateLine is doing an item on the sub-prime mortgage crisis in the USA tonight (Wednesday March 14th); I was one of those interviewed for the story. Please tune in! LateLine goes to air at 10.35pm.

continue reading.....

Debtwatch goes blog

Published in March 6th, 2007
Posted by Steve Keen in Debtwatch
18 Comments

A subscriber to my Debtwatch newsletter suggested that I establish a blog. I plan to publish my monthly Debtwatch report here, as well as sending it out to subscribers.
 Next month I will also start a USA version of Debtwatch. The recent panic on Wall Street can be seen as yet another “correction”, but it might [...]

continue reading.....