Another good one from RNZ this morning:
http://www.radionz.co.nz/national/pr...e-coming-crash
Touches quite a lot on fundamental economics and how people are increasingly realising how right Minsky was. He gives NZ property/debt market "1 - 2 years"... though arguably with the recent Auckland house prices dropping and subsequent listing rush, we may be tipping over the edge already (last part is my speculation).
Interesting his solution was to get the government to just "give everyone money/their fiat currency" with the proviso that those who are indebted use it to reduce debt, those that are not use it to invest into shares/the productive economy to ensure inflation is managed. He talks about how he was taken seriously by Rudd in Australia though who came up with the first home buyer grant, which has ballooned to first home buyers in Melbourne now getting ~$34k in first home buyer subsidies, exacerbating the housing issue there.