ECONOMIC COLLAPSE: Why Ray Dalio Is Wrong | Steve Keen
Professor Steve Keen returns to Soar Financially to rip apart Ray Dalio’s latest warning of an “economic heart attack” in three years. Keen explains why Dalio and mainstream economists are looking at the wrong problem.
We discuss why the Fed has no clue what it’s doing, why debt panic is brainwashing, and why the U.S. dollar’s reserve currency status is actually a death warrant for American manufacturing.
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👨💼 Guest: Prof. Steve Keen, Founder
📙 Author: of Money in Macroeconomics
🌎 https://profstevekeen.substack.com
𝕏 @ProfSteveKeen
📺 @ProfSteveKeen
📅 Recording date: August 28th, 2025
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Keynotes: Rick Rule, Alex Krainer, Markuss Bussler, Keith Neumeyer, David Finch, John Fornwood
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Time Stamps:
00:00 Intro – Dalio’s “Economic Heart Attack”
01:25 Why Dalio Is Dead Wrong
05:50 The Fed Has No Clue
12:00 Tariffs & Trade Chaos
18:30 Rate Cuts & Fragile Markets
23:45 Gold, Bitcoin & Speculation
28:00 Eye of the Storm
30:30 Steve Keen’s Final Warning
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