"The capacity to lever up the system isn't there, and the capacity of people to get out of the system in a panic moment is much higher." Join economist Steve Keen as he navigates the turbulent waters of today's financial landscape, discussing the disconnect between asset prices and the physical economy. In this eye-opening video, Keen explores the implications of quantitative easing, the peak of private debt, and the looming threat of volatility in the markets. With insights into the future of pensions and the potential for a 'modern debt jubilee,' Keen challenges conventional economic wisdom and offers a thought-provoking perspective on what lies ahead for our global economy. --- Like others, if you also enjoyed this video - you'll probably like these freebies too: 1) Join ~10,000 Other Truth-Seekers by Downloading my new 'Funny Money' Bundle (2 books valued at $60). Free this week here: new.stevekeenfree.com 2) Are you an Engineer, Finance, or IT Professional? (Active or Retired) If you are, the 7-Week Rebel Economist Challenge is made for you. If you qualify, I will work closely with you every week to install 50+ years of real economics into you, in only 7 weeks. Working closely with the 5 best applicants this week. Learn more here: apply.stevekeenfree.com -- Who is Dr. Steve Keen? Dr. Steve Keen is an influential economist who has dedicated over 50 years to challenging mainstream economic theories. Since his days as a university student, he has been engaged in a David vs. Goliath battle against conventional economic models. Holding a Ph.D. in economics, Dr. Keen is well-known for his critical analysis and advocacy for more realistic economic approaches. His work emphasizes the importance of accounting for financial instability and incorporates elements of complex systems theory. Engineers, finance professionals, and IT experts will appreciate his methodical breakdown of economic phenomena and his development of the Minsky software, which models financial crises. Dr. Keen's contributions are crucial for anyone seeking a deeper understanding of how economic systems can impact technological and financial environments. His teachings offer valuable insights into the economic forces shaping our world. By following his analysis, professionals can gain a better grasp of economic dynamics that influence their fields.