Trump blockaded the Strait of Hormuz. Mainstream says minimal damage. Steve shows 50 years energy and GDP move one for one. Live Ravel models: orthodox = 0.5% GDP fall. Steve’s = 10% fall. We are losing 20% of world’s LNG. Watch and comment your questions: https://www.youtube.com/watch?v=gAyddcThC3M&views #SteveKeen #EnergyEconomics

Millions protesting Trump? Deeper flaw: Irremovable executive like 1780s monarchy. UK evolved. America didn't. VP can't/won't depose. Duopoly ballots. Going Live now : https://www.youtube.com/watch?v=IfJmlVWxLgQ&views 🔥

Steve dropped a video you absolutely need to see right now. 🔥 He nailed the 2008 crash warning years ahead. Now he’s exposing why a Strait of Hormuz shutdown could slash 10% of global energy and trigger a matching 10% GDP plunge. Neoclassicals claim you can swap labor for oil. Pure delusion, as Steve proves with Ravel© models pitting Cobb-Douglas fantasy against Leontief reality. 📉 The breakdown covers: 🔹 How mainstream econ ignores energy entirely 🔹 Why a 10% energy drop hits output 1:1, no substitutions 🔹 Capital, labor, energy as fixed complements - lose one, lose it all 🔹 Real-world shocks proving post-Keynesians right the hard way. Watch here and drop your thoughts. Steve checks the comments. https://youtu.be/ukq7nX38QAQ?si=a0OcAuzaALo9JxZO #StraitOfHormuz #EnergyCrisis #PostKeynesian

This is a great clarifying piece from the thought leaders of MMT responding to their critics. They make the point to differentiate between a generalized description of money mechanics vs. specific implementation like the U.S. model. As has pointed out in the past, they clearly understand how the U.S. system clearly works under today’s self selected fiscal and legal constraints, such as the TGA must be funded prior to spending, no Treasury overdraft at the Fed, and the Fed cannot buy bonds directly from the Treasury. Supporters of MMT often conflate the need for the Fed/CB to create new Reserves by spending or lending, with the Treasury creating new reserves by Gov spending, but which the authors do not. Anything here anybody would like to point out or discuss? Anything anybody would like to add?

Steve just dropped something you genuinely do not want to miss. 🔥 He predicted the 2008 crash before anyone believed him. Now he is making another call, and this one is about AI, the job market, and why 90% of AI startups are already failing in 2026. This is not hype. This is Steve breaking down a full Schumpeterian boom and bust cycle in real time, with hard data, historical parallels, and what it actually means for every single one of us. 📉 The video covers: 🔹 Why big tech's 5 to 1 spending ratio is unsustainable 🔹 How AI is fundamentally different from every previous technology wave 🔹 What Universal Basic Income has to do with the survival of capitalism itself 🔹 What you can actually do right now to understand what is coming Watch it here and share your thoughts on youtube. Steve reads the comments. https://www.youtube.com/watch?v=oSHXPBslXGY&views