Steve Keen, associate professor in Economics and Finance at the University of Western Sydney, has firm views about the direction of the economy. He says Australia is racked in high private and household debt, which is creating instability in the economy. Keen maintains that high debt in relation to GDP will ultimately lead to deflation.
He'll explain more --- and you'll have a chance to question him live --- in a BTalk First Friday Webinar.
- 11am Friday, 3rd September - Sydney time
- 9am Friday, 3rd September - Perth time
- 9pm Thursday, 2nd September - US Eastern time
- 6pm Thursday, 2nd September - US Pacific time