Steve Keen's Debtwatch

Discussion (8) ¬

1. 
   koonyeow

   February 18, 2012 at 1:01 pm | #

   Title: In Memory of Donella Meadows

   How about expanding it to become AFTER ‘Limits to Growth’?
2. 
   Steve Keen

   February 18, 2012 at 2:47 pm | #

   Agreed–but this is an advertisement (for a crowd I often agree with, I hasten to add!: Kris Sayce and I are often on the same page on the current economic follies, even though he comes at it from a very Austrian perspective) so we’re stuck with Money Morning’s copy.
3. 
   koonyeow

   February 18, 2012 at 3:17 pm | #

   Title: My ‘Complain’ Answered (Laugh Out Loud)

   Agree that this is an advertisement. Too bad there is no symposium of such calibre in Singapore. I may get the DVD though.

   I suppose my AFTER-‘Limits to Growth’ ‘complain’ has been answered by tomorrow’s Ceres event (laugh out loud).
4. 
   mahaish

   February 20, 2012 at 4:52 pm | #

   think the title of this talk fest is entirely presumptious.

   hopefully we will get a post on who said what at the talk.
5. 
   CTindale

   February 28, 2012 at 6:24 am | #

   The “power is moving from west to east” stuff gets a little tedious , Chinas credit boom is accelerating faster than the wests did , why do folk believe a debt based consumption boom in the west is some how disconnected to the production boom in the east ? All China did in 2008 was replace lost growth with credit based construction .

   I don’t think people actually track military competiveness or they wouldn’t put China in the same sentence as the US . The us alliances include nearly everyone that matters and China has who on it’s side ? The US has 11 carrier battle groups and China has none?

   I’m with Jim Chanos and Hugh Hendry the rise of the East to leadership is complete delusion .China has been consistently the most unstable large power of the last 400 years. The coming gold wars with China ? Under BW2 the US holds 80% of the worlds gold , it was done this way so the USD would be assured reserve currency status , holding it implies gold backing . Even under an Austrian analysis China is toast , it’s a global debt boom not western one , keep in mind what Marzipan said about over production .
6. 
   CTindale

   February 28, 2012 at 6:47 am | #

   I started going to China on business in 1982 , in the 00s I went +40 times , including extensive experience in systems deployment in probably 40% of Asias banks. I’ve actually sat in the credit departments of these banks and reviewed their processes, policies and systems. Ive also done this @ Westpac, CBA and St George and ran the credit department of American Express in Asia . The entire rise of Asia is within the USD system , it’s probably the worst bubble of the lot and I would be surprised if the CCP actually survives the next 5 years without being toppled in a revolution . Hugh Hendry has got the China story right http://online.barrons.com/article/SB50001424052748703786004577221590093305080.html?mod=BOL_hps_mag#articleTabs_article%3D1
7. 
   koonyeow

   February 29, 2012 at 3:39 am | #

   Title: Thanks for Sharing Your Frontline Experience About China, CTindale
8. 
   CTindale

   February 29, 2012 at 4:46 am | #

   Lol auto spellers Marx not Marzipan