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He first published that article in 2009 right after the markets imploded with the GFC. He's also generally acknowledged as one of the few who predicted the cras
by dwd 6y ago
He first published that article in 2009 right after the markets imploded with the GFC. He's also generally acknowledged as one of the few who predicted the crash which he predicated on the buildup of private debt.
His articles make for interesting reading even now given his general rejection of mainstream models being inadequate.
https://theconversation.com/i-predicted-the-last-financial-crisis-now-soaring-global-debt-levels-pose-risk-of-another-84136 https://theconversation.com/i-predicted-the-last-financial-c...