Dr. Steve Keen the causes of The Global Financial Crisis
The Global Financial Crisis: Causes and the Islamic alternative. This event was organised by Hizb ut Tahrir Australia and held at the Law Theatre, University of New South Wales, on the 24th of October, 2008.This video is the first talk, on the causes of the Global financial crisis. Speaker: Dr Steve Keen - Associate Professor, University of Western Sydney, and well known economist .The financial system has already crashed but most governments around the world are in denial about it.The response by most debtor nations has been to create another bubble instead of facing reality. Their doing this by printing more money out of thin air with no value to it flooding the marketplace with cheap credit enticing people to take on more debt so they can get re-elected. But we don't need more debt we obviously already have enough cars and investment properties we don't need anymore
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