I have just been interviewed by Peter Switzer on the Switzer show on Sky News Australia. Peter interviewed me for over 15 minutes, which allowed plenty of time to discuss such things as:
- The “Revere Award” and the economists who predicted the crisis–including Michael Hudson, Wynne Godley, Ann Pettifor as well as myself, Roubini and Baker;
- Why we saw a crisis coming (runaway private debt bubble that had to burst);
- Why some of my post-crisis calls were wrong–at least in the immediate term in Australia (huge government stimulus and the First Home Vendors Boost [see also this link]);