So is is where Steve Keen ended up

He's making a name for himself overseas as a forecaster. Of course, over here he will always be known for the very public forecast he got wrong, but he has made a lot of right calls it seems.

http://www.smh.com.au/business/the-...n-forecaster-of-the-year-20150703-gi127k.html

 

It seems we can't edit errors in thread titles.

 

Whats that saying about broken clocks? They are right twice a day, same can be said for those poor economists over 10 years.

 

Well that just goes to show that Australian property is completely its own animal, otherwise how could he be winning these kudos overseas but get our property market so wrong.

 

I'd be more interested in how he benefited from his predictions IF he backed himself

 

Maybe all along he was just trying to score points on the world stage with his property forecasts for Australia.

What he is saying might just come true it just depends on how severe the downturn is. But let us all profit as much as possible beforehand and be prepared.

 

He could have the right 'ideas' with his forecasts, but as someone else rightly said, a broken clock is correct twice per day. Unquestionably, Australia's economy is in for tumultuous times, but any severity of the pending Greek and Chinese 'fallouts' on our local economy is yet to be seen. Who knows, I wish him all the best luck, I just hope is predictions are grounded in quality data beyond the hearsay of media outlets!

 

I reckon the media latched on to him rather than the other way around. He made a sensational prediction and the media love that stuff. I thought the interesting thing in that article was how many calls he has got right. Nobody gets everything right all the time - except my mother, according to her.

Scott