China, Others Face Crisis in 1-3 Years, Says Steve Keen

The video explores various economic and political topics, starting with the impact of corporate investment on growth. It delves into the complexity of the European Union and the challenges it faces. The discussion shifts to globalization and geopolitical changes, referencing historical figures like Henry Kissinger. The video also examines Marxist theory, highlighting its insights into capitalism's complexity. Finally, it addresses the 2008 debt crisis and its implications for economic stability, predicting future crises in countries like China and Canada.

What is a major challenge for corporate investment when it is heavily financed by borrowed money?

• Increased innovation

• Lower interest rates

• Higher growth rates

• Limited investment capacity

What is a significant issue with the European Union's political structure?

• Too few member nations

• Lack of economic diversity

• Overly complex integration

• Excessive military spending

What does the breakdown of globalization suggest about future international relations?

• Increased global cooperation

• Rise of new global superpowers

• Return to a Westphalian system

• Decline of national sovereignty

According to Marxist theory, what aspect of capitalism did Karl Marx accurately describe?

• The predictability of economic cycles

• The stability of markets

• The role of finance and investment

• The simplicity of economic systems

Which countries are predicted to face economic crises due to high private borrowing?

• Germany and France

• India and Russia

• China and Canada

• Brazil and Argentina