Only 13 economists forecasted the Global Financial Crisis of 2008 (http://barnabyisright.com/2013/05/30/an-historical-warning-for-proponents-of-a-modern-debt-jubilee/). With talk of tapering and a return to recession the commentators who forecasted the last crisis are the ones most suited to comment on what might unfold now.
Three such commentators have already confirmed to speak on this very topic at an event in Bangkok in the week commencing 4th November, 2013. They are:
- Professor Steve Keen: the leading Academic exponent of Minskyian instability, Steve Keen is Professor of Economics & Finance at the University of Western Sydney, and author of the popular book Debunking Economics.
Steve predicted the global financial crisis as long ago as December 2005 and warned back in 1995 that a period of apparent stability could merely be “the calm before the storm”.
– Richard Duncan, New York Times best-selling author of The New Depression: The Breakdown of the Paper Money Economy and The Dollar Crisis: Causes, Consequences, Cures, an international bestseller that predicted the current global economic disaster with extraordinary accuracy.
- Paul Gambles, Managing Partner of The MBMG Group, speaker on National Public Radio, Money Channel’s Global Movement show, CNBC’s Squawk Box Asia, Bloomberg TV and others.
They will focus on where the world is heading now and the importance of professional insight to be able to ‘expect the unexpected’. The Money Channel will be giving prior coverage and showing a recording of the proceedings after the event has taken place. The Nation newspaper will also be promoting the event and providing press coverage. Other sponsors are Stanley Gibbons, the AustCham Thailand, Belvedere Management Limited, AMCHAM Thailand, BCCT, Pattaya Mail and MBMG Group.
The 3 speakers are generally recognised as being bearish, hence the event will be positioned as 3 Bears in Bangkok but the message will focus on investors making the right choices.
Further information and media queries: Ms. Haidee Cadelina, Corporate Communications Director, Email: [email protected], Website: www.mbmg-group.com, Tel +66 2 665 2534-9 Ext. 130
