Private Equity: The Return of the Masters of the Universe

[ForexReviewsCentral]

Nice video 

[St37One]

debt is only cheaper than equity due to the tax shield.

govt intervention is the problem as usual

[airbus001]

#LOL this was before the shit hit the fan.

[djvodooler]

Again, proof that the professionals within this market need to gain a much broader view of the economy. Way too often it is "simplified" to statements like "this is the number to look at..."

[foa1406]

This guy is an idiot.. Making macro predictions with total ignorance

[SoulshineBeats]

this guy doesnt know what hes talking about

[vtwzy]

Better to be lucky than to be "educated."

[frecklespecks]

Boy, was he wrong about the economy.

[mack387]

lmao this guy was so off........can't blame him tho...but it just goes to show that even a wharton degree doesn't guarantee that you'll know what you're talking about

[muaytb1]

@mack387

very few people saw it coming but his certainty is troublesome.

[dayjun]

@mack387 Yeah I agree, wharton degree mostly means you were good in high school and had an impressive resume more than anything else

[Kellysayshello]

The Fed should NOT have cut rates back in 2002, it was a necessary recession that needed to run its course. By cutting rates in an attempt to artificially manipulate the economy, the Fed expanded the credit bubble which ultimately led to the much more severe recession/depression we're currently in. Also, just having a job does NOT mean people can borrow; liquidity factors, bank reserves, etc. are also necessary as we've seen. However, most of what he said was very good.

[Johnpauljone]

Well, Things turned around pretty quick. very quick.

[caronaf]

This guy is a visionary!! jajajajaja...

He says that the housing overheat will not affect the conomy in 2008, and he is giving a presentation at a University!! jejeje so funny how the americans are educated. This is why the desicionmakers do what they want with the US, because they control the society and tell them what they want to hear.

What a great country. USA!

[megamarsvin]

To be fair he wasn't saying anything different than 99% of all other economists. No one wanted to hear the difficult truth. It's a bit silly to pick out this one man and laugh.

[WolYou]

Assetbacked with cars like Hummers? Or cars which even doesn't exist? This is wishful thinking. A good attitude. First perfectly for lunatics and economists.

[WolYou]

There is money everywhere. Thats exactly the problem.

[WolYou]

If a man tells you that he is able to extrapolate the past into the future, then this man is a liar. No economic situation of the past will ever come back. The world changes constantly. Typical economist. Talking about GDP and Growth. Lol. He never mentioned that credit produces exactly the same amount of debt. No income on one side without loss on another. No free lunches.

[sadeshSoS]

mmm soft landing?? not very good forecast, but pretty good info on economic indicators

[CosmoHunter24]

Outdated info..

[aequesadacr]

ummm outdated, but interesting

[Billiameo]

The employment rate is the only measure of importance? That is the most obviously socialistic defensive statement one can make. Check the buying power of the dollar and your employment rate will become IRRELEVANT. Money everywhere doesn't matter if it's value is degraded!! I can't believe an economist wouldn't confront this issue.. sad really.