“Why the US economy hasn’t crashed yet?” Top Economist warns

S1E87 - “Why the US economy hasn’t crashed yet?” Top Economist warns

Published: November 15, 2025

Duration: 12:48

Learn 50+ Years of Economics in Only 7 Weeks, by applying here: https://www.stevekeen.com

(Plus get Ravel — the economic visualization software used in this video — as a bonus if you’re accepted and join.)


Top Economist Steve Keen explains how U.S. government policies are driving the economy toward bankruptcy and why the true fix isn’t austerity, but a Modern Debt Jubilee. Using clear double-entry accounting and Ravel visualizations, Steve breaks down how private bank lending still creates most of the money in circulation, why government deficits actually generate deposits and reserves...