Boston & New York, June 20-July 9

Published in June 9th, 2010

I will be in Boston and New York soon, either side of the Hyman Minsky Conference that I’m speaking at at the Levy Institute. I am committed to meetings on Tuesday-Wednesday June 22-23 (and possibly Friday June 25), to the Levy conference June 27-29, and there may be a seminar jointly organised with Eric Janszen [...]

News item on Interest Only Mortgages

Published in May 25th, 2010

Posted by Cassander in Debtwatch

28 Comments

Channel 7′s Today Tonight is doing an item on “Interest Only Mortgages”–like the product that ING has recently promoted–and the whole housing bubble issue. They are looking for anyone who has been “burnt” by either an interest-only loan, or a loan that was predicated on the expectation that house prices would always rise–as is ING’s [...]

Excellent presentation on Scribd on Australian housing

Published in May 21st, 2010

Posted by Cassander in Debtwatch

132 Comments

This presentation was noted by a blog member today. Take particular note of slides 21-20 which compare the balance sheets of US and UK banks to that of one Australian bank, the Commonwealth. How to Profit From the Coming Aussie Property Crash (and Banking Crisis) Also a quick note that the site’s server crashed this [...]

Stanford and Keen double bill

Published in May 15th, 2010

Posted by Cassander in Debtwatch

13 Comments

Jim Stanford, the author of the popular Economics for Everyone (from which the cartoon to the left is taken), and I spoke at a double bill on the global debt crisis for the venerable Sydney institution “Politics in the Pub” last night. We had a full house for an provocative evening on why the Dismal [...]

Revere Award for Economics

Published in May 14th, 2010

Posted by Cassander in Debtwatch

39 Comments

This has just been posted on the Real World Economics Review Revere Award for Economics for the 3 economists who warned the world Results For Immediate Release 13 May 2010 Keen, Roubini and Baker win Revere Award for Economics Steve Keen (University of Western Sydney), receiving more than twice as many votes as his nearest [...]

Politics in the Pub (Sydney) tomorrow

Published in May 13th, 2010

Posted by Cassander in Debtwatch

2 Comments

“THE BURDEN OF DEBT: HOW SERIOUS & WHO WILL PAY?” Speakers [each giving 20 minute talks on the topic]: Dr Jim Stanford, Canadian Auto Workers Union, author of ‘Economics for Everyone’ and presenter of last year’s Ted Wheelwright lecture at the University of Sydney. Associate Professor Steve Keen, University of Western Sydney, author of DeBunking Economics and [...]

A monkey off my back

Published in May 12th, 2010

Posted by Cassander in Debtwatch

25 Comments

The Keen Walk to Kosciuszko was a fabulous experience—as Matt Carroll (one of the organizers) put it, it was “the best holiday ever”. That’s not to minimize the effort involved: covering 235 kilometres on foot in 8 days is no mean feat. But the combination of great company, personal success for all involved in an [...]

Interview on Ten’s The 7pm Project

Published in May 5th, 2010

Posted by Cassander in Debtwatch

91 Comments

After Australian house prices rose 20 percent in one year, everyone’s talking a bubble. Channel Ten’s new(ish) avant-garde current affairs program asked for my perspective on the day the RBA yet again increased interest rates. After leading in with the news and a feature on Neil Roberston, the 26-year-old Australian snooker player who won the [...]

Letter to PM on Residential Property Prices and Foreign Investment Laws

Published in April 30th, 2010

Posted by Cassander in Debtwatch

139 Comments

The news that the Rudd Government was rolling back its changes to Australia’s foreign investment rules on housing came as we were still on The Walk. Just prior to starting it, I received a note from Dr John Daffy, with the following letter from him to the PM attached. I asked John whether I could [...]

Revere Award Voting

Published in April 28th, 2010

Posted by Cassander in Debtwatch

2 Comments

Edward Fullbrook, the editor of the Real World Economics Review that created the Dynamite Prize in Economics and the Revere Award, has just sent out the message reproduced below. Voting for the Revere Award for Economics for the three economists who first and most clearly anticipated and gave public warning of the Global Financial Collapse [...]

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