Economist Steven Keen, the “Merchant of Gloom” discusses how we are already in a depression and how to fix the current global financial crisis. While the BBC reporter Sarah Montague states he’s one of the few people who has been discussing the current global financial crisis and how to solve it (basically writing down the debt, paying debt down, bankruptcies, etc.), I amongst a few others have been espousing such a veiw for a few years now.
Regardless, while its a bit of long interview, I certainly recommend watching it.
http://www.youtube.com/watch?feature=player_embedded&v=rGkmgnprrIU
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Tags: BBC "Hard Talk", Steven Keen
