There is no other way to describe economics in 2017 than wilful blindness, writes economist Professor Steven Keen. Nobel Laureates who claimed financial crises were now impossible also claimed the 2008 Global Financial Crisis could not have been predicted. This is all, of course, nonsense. The evidence was there all along. Those with the power to change the course of history simply chose to ignore it.
Poking fun at North Korea’s Kim Jong-un has become a global past-time, but while people often deride him as crazy, the North Korean leader’s actions are part of a highly rational long-game. Former Australian Army Officer and defence specialist, Matt Jones says Kim Jong-Un is a skilled operator who will stop at nothing to reunify the Korean peninsula on his own terms.
The challenge facing the US is to operate in a world where there is not one single power, but multiple poles of power and influence. If you were Russia, or China, or Iran, would you believe that the American administration has any interest whatsoever in international law? Would you trust the US? Or would you be looking over your shoulder wondering if you were next?
Britain is in the grip of a housing crisis. But contrary to some Daily Mail speculators, the bricks and mortar economy is not going the way of Japan, circa 1990. Economist, Neil Wilson, explains why the same economic and political forces suppressing Japanese prices will keep British prices artificially inflated for the foreseeable future.
Economist Dr Steven Hail on how Japan has managed to avoid another financial crisis without creating a major private debt problem, while America and Australia… have not.