Please comment, like, and share! Thank you! What is the fiscal cliff? What would be the result of going over? Recession? Economic crisis? Professor Steve Keen, Ph.D., winner of the Revere Award, describes in plain language the risks of going over the fiscal cliff. Dr. Keen provides a full analysis of the “fiscal cliff” in the following paper: www.debtdeflation.com EXTENDED BIOGRAPHY Dr. Keen was one of the handful of economists to realize that a serious economic crisis was coming our way, and to publicly warn of it from as early as December 2005 (mpra.ub.uni-muenchen.de This, and his pioneering work on modeling debt-deflation, resulted in him winning the Revere Award from the Real World Economics Review (rwer.wordpress.com for being the economist whose work is most likely to prevent a future financial crisis. He is one of the handful of economists to receive a grant from the Institute for New Economic Thinking (www.ineteconomics.org). Dr. Keen was able to predict the crisis due to economic work that expands upon Keyes, Fischer, and Minsky, utilizing an accounting, flow of funds or circuit model. He was one of the few economists studied for the paper “No One Saw This Coming” (2009) by Bezemer, Dirk J. He is commonly interviewed by TV stations and written up in the press. He is often invited to meetings of financial advisers, hedge funds and economic conferences, world wide. Dr. Keen maintains a highly influential blog on economics (www.debtdeflation.com and his book … [...]