Dirk Bezemer

2009, 2010, 2011:

'No one saw this coming' – or did they? 30 Sept 2009



Dean Baker

Co-director of the Center for Economic and Policy Research in Washington, DC.  

Plunder and Blunder: The Rise and Fall of the Bubble Economy



Wynne Godley

Focused on the strategic prospects for the US, UK, and world economies, and the use of accounting macroeconomic models to reveal structural imbalances.

Monetary Economics: An Integrated Approach to Credit, Money, Income... “



Fred Harrison

The first and earliest economist to have predicted the global financial crisis, as far back as 1997, well before other economists such as Steve KeenRobert ShillerPeter Schiff, or Nouriel Roubini.

Boom Bust: House Prices, Banking and the Depression of 2010 “



Michael Hudson

“Super Imperialism: The Economic Strategy of American Empire”

“Never before has a bankrupt nation dared insist that its bankruptcy become the foundation of world economic policy; that, because of its bankruptcy, all the nations want their economies transferring its bankruptcy to themselves, stultifying their industries, and paying tribute to the beggar.”



Eric Janszen

Jeez, this video sounds like the loss of union organizing, take over of the Executive, Legislative and Judicial branches of government, loss of family farms to agribusiness, and mom and pop stores to Wal-Mart, and foreclosures on home loans, and jobs going to cheaper labor markets, and growth of bubbles in housing and financial and banking markets, and the takeover of science and technology in education to be replaced by faith based Intelligent Design, and growing gap between rich and poor.  At least we can still buy tulips at an affordable price!

The Contrary Market View



Stephen Keen

Steve Keen’s Debtwatch

“Debunking Economics

“Bernanke doesn’t undertand the Great Depression



Jakob B. Madsen

Xiaokai Yang Professor of Business and Economics Interests are macroeconomics, economic growth, stock and house valuation, macro finance, the equity premium puzzle, the Great Depression, history of economic growth, behavioral finance, and applied economics.



J. K. Sorensen


Kurt Richebacher


Nouriel Roubini

chairman of Roubini Global Economics, an economic consultancy firm, predicted both the collapse of the United States housing market and the worldwide recession which started in 2008.

“Crisis Economics: A Crash Course in the Future of Finance”


Peter Schiff

Robert Shiller


Seven unsustainable processes, plus one…


1. the fall in private saving into ever deeper negative territory;


2. the rise in the flow of net lending to the private sector;


3. the rise in the growth rate of the real money stock;


4. the rise in asset prices at a rate that far exceeds the growth of profits (or of GDP);


5. [the rise in the budget surplus;]


6. the rise in the current account deficit;


7. the increase in the United States’ net foreign indebtedness relative to GDP.  (Godley 1999:2)


8. the shift in the distribution of income (Zezza, 2007; 2008)

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