Steve Keen with Max Keiser

[icm63]

Starts at 12.40 min into the 26.55 min

http://maxkeiser.com/2009/12/10/kr04...keen/#comments

Good stuff !

[Rajiv]

Re: Steve Keen with Max Keiser

Yes great stuff! - but posted earlier -- Steve Keen and Max Keiser

[icm63]

Re: Steve Keen with Max Keiser

Steve Keen forecast for 2010..

Govt Pushing economy up, private sector dragging it down.

Ref: http://www.itulip.com/forums/showthread.php?t=12859

THis will be the PRICE ACTION OF THE STOCK MARKET IN THE YEARS TO COME

HERE: http://www.itulip.com/forums/showthr...782#post133782

[FRED]

Re: Steve Keen with Max Keiser

Steve Keen forecast for 2010..

Govt Pushing economy up, private sector dragging it down.

Ref: http://www.itulip.com/forums/showthread.php?t=12859

THis will be the PRICE ACTION OF THE STOCK MARKET IN THE YEARS TO COME

HERE: http://www.itulip.com/forums/showthr...782#post133782

That was the iTulip forecast from early 2008 when Steve Keen forecast a deflation spiral resulting from a collapse in private credit markets. He didn't buy our notion of the government stepping in to prevent a deflation spiral. He said the scale and rate of credit destruction was too great. We dissagreed.

Government provides when the private sector fails.

Appears that our friend Steve has changed his mind in light of developments since then.

This chart shows the relationship between stock prices, GDP, and fiscal stimulus in Japan. Same deal for the USA going forward, except that the U.S. will run out of foreign credit before 18 years pass.

Our latest analysis says we won't make it through the next credit/election cycle in 2013 before a US sovereign debt crisis arises.

[icm63]

Re: Steve Keen with Max Keiser

I concur, time to leave USA and buy beach front property in China ! (ha)

[magicvent]

Re: Steve Keen with Max Keiser

Regarding the circle that represents July in the chart -- could you move it forward on the chart to where you believe we are presently.
Also, it sounds like you and EJ are more convinced that we are following the same trajectory as Japan (ups and downs in the market). In one of the prior posts I had the feeling that you weren't so sure we would follow the same path from here on out.

[Down Under]

Re: Steve Keen with Max Keiser

Our latest analysis says we won't make it through the next credit/election cycle in 2013 before a US sovereign debt crisis arises.

So, does that mean iTulip is expecting the March 09 lows in the stock market to be breached sometime before 2013?

[icm63]

Re: Steve Keen with Max Keiser

Yes the lows of March 2009 will be challenged ( my guess before June 2010, as interest rates on the 10yr move towards 5%, and other EUR countries go bust)
Swings001.jpg

[ST]

Re: Steve Keen with Max Keiser

Steve Keen, judging by the number of posts and references of late to Mish on Keen's blog, has become quite a fan of Mish. Not sure what that says about him, but it is interesting.

dec 23/dec 9th posts, etc...

[Down Under]

Re: Steve Keen with Max Keiser

Steve Keen, judging by the number of posts and references of late to Mish on Keen's blog, has become quite a fan of Mish. Not sure what that says about him, but it is interesting.

dec 23/dec 9th posts, etc...

Birds of a feather flock together...

[metalman]

Re: Steve Keen with Max Keiser

Birds of a feather flock together...

[ST]

Re: Steve Keen with Max Keiser

lol, love it. Though you know when and if the stock market collapses they will do their victory dance - even we expect that all asset classes could dip in price again, including a very short term blip in commodities. We'll have to put up with another round of gloating from them. Then likely they will at long last hop on the inflation wagon when they see the next round of insanity.

[Spartacus]

a shame we can't mod / rate individual posts up

bella et Bravissimo !!

encore !!