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Crashes don’t just happen. They build, and then they tip. In this video, I explain what causes a financial crash, why we’re facing one now, and why only government – not markets – can save us from the chaos that follows. Donald Trump’s actions, market overvaluation, geopolitical shocks – any one of these could trigger collapse. The consequences? Unemployment, insecurity, spiralling debt costs. Only Keynesian counter-cyclical action can offer recovery. We need courageous government – now. TRANSCRIPT A transcript for this video is available at: https://www.taxresearch.org.uk IF YOU WANT TO WRITE TO YOUR MP ABOUT ISSUES IN THIS VIDEO If you want to write a letter to your MP on the issues raised in this blog post, there is a ChatGPT prompt to assist you in doing so, with full instructions, here. https://www.taxresearch.org.uk/Blog/2... HOW TO SUPPORT US Please consider donating: https://ko-fi.com/taxresearch ABOUT RICHARD MURPHY Richard Murphy is Emeritus Professor of Accounting Practice at Sheffield University Management School. He is director of Tax Research LLP and the author of the Funding the Future blog. His best-known book is ‘The Joy of Tax’. This video was edited by Thomas Murphy. RICHARD MURPHY ON BLUESKY: https://bsky.app/profile/richardjmurp... OR ON MY BLOG: http://www.taxresearch.org.uk/Blog/ HIT SUBSCRIBE & GET NOTIFICATIONS Subscribe and get notified of new videos released. INTRODUCTION: • Welcome to my channel - Richard J Murphy -... PLAYLISTS: The Wealth Series • The Wealth Series Ecenomics • Ecenomics Britain • Britain Tax • Tax MMT • MMT Money • Money Climate Change • Climate Change USA • USA Labour • Labour The Trump Administration • The Trump Administration #FinancialCrash #EconomicCrisis #MarketCollapse #LossOfConfidence #OvervaluedMarkets #TradeWar #CapitalOutflows #FlightToSafety #StockMarketCrash #NeoliberalFailure #KeynesianEconomics #GovernmentIntervention #CounterCyclicalSpending #PublicInvestment #UnemploymentSpike #ParadoxOfThrift #FallingTrade #RisingPrices #InterestRateShock #EconomicRecovery