Episode
STOP making these retirement mistakes: Top Economist Warns
- Published
- Mar 6, 2026
- Duration seconds
- 1759
- Processing state
not_requested- Canonical source
- https://www.stevekeen.com
Actions
POST https://stenobird.com/v1/public/podcasts/rebel-economics-with-professor-steve-keen-6936193/episodes/stop-making-these-retirement-mistakes-top-economist-warns/transcription-requests
Idempotently request low-priority transcript generation for this episode.GET https://stenobird.com/podcast/rebel-economics-with-professor-steve-keen-6936193/stop-making-these-retirement-mistakes-top-economist-warns.md
Read the agent-friendly Markdown representation of this episode resource.
Summary
50+ Years of Economics in Only 7 Weeks, by applying here: https://www.stevekeen.com (Plus get Ravel — the economic visualization software used in this video — as a bonus if you’re accepted and join.) Why is the retirement crisis forcing millions to work past 65? It isn't a failure of personal savings, it is a direct result of neoliberalism. In this video, Steve Keen uses historical analysis, accounting consistency, and system-dynamics models to explain how modern finance drifted away from reality and toward abstract mathematical elegance. By excluding banks, money creation, and private debt from dominant models, mainstream economists have repeatedly failed to anticipate systemic breakdowns like the 2008 financial crisis. Keen challenges the dangerous belief that markets automatically self-correct a view that has shaped disastrous policy on investing, US trade, and deregulation. In this video, we cover: ✅ The Real Cause: How ignoring debt dynamics led to misdiagnosing recessions and underestimating the fragility of the US economy. ✅ Historical Parallels: Lessons from the Great Depression and how they apply to the fears of a 2025 financial crisis. ✅ Future Risks: Why conventional economics struggles to explain rising inequality and the warning signs of a US economy crash or 2025 Depression. ✅ Global Impact: How the US trade deficit and current trade war debates under leaders like Donald Trump fit into the broader world economy crash narrative. If we want to fix the retirement crisis and prevent another economic crash 2026, we must restore financial realism to economics. ----- What did you think of the eight-entry walkthrough and the OMO/QE distinctions? Share your thoughts below. Subscribe for reality-based economics Like if this clarified how deficits, reserves, and QE…