Learn 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 are millions of Americans being forced to work past 65 and why is the U.S. struggling to sell its debt in 2026? According to renowned economist Steve Keen, this isn’t a personal finance failure or a demographic problem t’s the inevitable collapse of a neoliberal economic model built on debt, deregulation, and financial illusion.In this video, Steve Keen breaks down how decades of runaway private debt, deficit denial, and flawed economic theory have pushed the U.S. toward a sovereign debt crisis, collapsing retirement security and exposing the limits of modern finance. Using historical data, accounting-based economics, and system-dynamics models, Keen explains how mainstream economists ignored banks, money creation, and credit cycles leading directly to disasters like the 2008 financial crash, the pension crisis, and today’s Treasury demand collapse.Keen dismantles the myth that markets self-correct and reveals how this belief drove reckless deregulation, Wall Street dominance, failed trade policy, and unsustainable government borrowing. As global buyers pull back from U.S. debt and interest payments explode, the consequences are now hitting workers, retirees, and the real economy.✅ Why the U.S. debt market is breaking down✅ How private debt destroyed retirement security✅ Why mainstream economics failed to predict every major crash✅ The real reason pensions are collapsing✅ Why working past 65 is becoming the new normal✅ What comes next for the U.S. economy-----What did you think of the eight-entry walkthrough and the OMO/QE distinctions? Share your thoughts below.Subscribe for reality-based economicsLike if this clarified how deficits, reserves, and QE actually workShare to help others move beyond textbook myths-----Who is Dr. Steve Keen?Dr. Steve Keen is an influential economist who has dedicated over 50 years to challenging mainstream economic theories. Since his days as a university student, he has been engaged in a David vs. Goliath battle against conventional economic models. Holding a Ph.D. in economics, Dr. Keen is well-known for his critical analysis and advocacy for more realistic economic approaches. His work emphasizes the importance of accounting for financial instability and incorporates elements of complex systems theory. Curious Minds, Engineers, and Finance Professionals will appreciate his methodical breakdown of economic phenomena and his development of the Minsky software, which models financial crises. Dr. Keen's contributions are crucial for anyone seeking a deeper understanding of how economic systems can impact technological and financial environments. His teachings offer valuable insights into the economic forces shaping our world. By following his analysis, professionals can gain a better grasp of economic dynamics that influence their fields.Learn 50+ Years of Economics in Only 7 Weeks, by applying here: https://www.stevekeen.com(Plus get Ravel — the software used in this video — as a bonus if you’re accepted and join.)#stevekeeneconomics #usdebtcrisis #retirementcrisis #debtdynamics #economicsexplained #systemdynamics #economics #money #Macroeconomics #usgovernment

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“What did the council decide on item 42?” — answered with the speaker and the moment.

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