Australian Shareholders Association Investor Hour Talk

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I’m speak­ing at the Aus­tralian Share­hold­ers Asso­ci­a­tion Investor Hour next Tues­day (August 18) at 12pm with the top­ic “The Mar­ket Crash: Ori­gins and Prospects”.

I’ll take a long view of the finan­cial data–going back to 1890–and explain the booms and crash­es of stock mar­kets as symp­toms of debt bub­bles and their burst­ing. From that point of view, this is the largest asset-price bub­ble in the last 120 years–and prob­a­bly in all of his­to­ry. The prog­no­sis for the mar­ket is there­fore grim, despite the cur­rent ral­ly.

The venue is the Wes­ley Cen­tre The­atre, down­stairs at 220 Pitt Street, Syd­ney. The sem­i­nar is free for mem­bers of the ASA, and $5 at the door for oth­ers. Click here for fur­ther infor­ma­tion.

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About Steve Keen

I am Professor of Economics and Head of Economics, History and Politics at Kingston University London, and a long time critic of conventional economic thought. As well as attacking mainstream thought in Debunking Economics, I am also developing an alternative dynamic approach to economic modelling. The key issue I am tackling here is the prospect for a debt-deflation on the back of the enormous private debts accumulated globally, and our very low rate of inflation.